SOUNDHEAVEN AS

2054 MOGREINA

Finances

Share Ownership

Return on Equity

−87,97 %

Current Ratio

10,2

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	328 000	89 000	78 000	217 000
Net Income	−117 000	−55 000	−77 000	−30 000
Total Assets	179 000	257 000	312 000	437 000
Total Equity	133 000	250 000	305 000	382 000

Income (NOK)	2022	2021	2020	2019
Revenue	328 000	89 000	78 000	217 000
Expenditure	402 000	161 000	177 000	255 000
Operating Profit	−75 000	−71 000	−98 000	−38 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−75 000	−71 000	−98 000	−38 000
Tax	42 000	−16 000	−22 000	−8 000
Net Income	−117 000	−55 000	−77 000	−30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	27 000	23 000	59 000
Total Current Assets	153 000	230 000	290 000	378 000
Total Assets	179 000	257 000	312 000	437 000
Total Retained Equity	103 000	220 000	275 000	352 000
Total Equity	133 000	250 000	305 000	382 000
Total Long-Term Debt	32 000	0	0	0
Total Current Debt	15 000	7 000	7 000	55 000
Total Equity and Debt	179 000	257 000	312 000	437 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	328 000	89 000	78 000	217 000
Other Income	0	0	0	0
Revenue	328 000	89 000	78 000	217 000
Cost of Goods Sold	188 000	62 000	30 000	23 000
Salary Costs	1 000	0	0	2 000
Depreciation	6 000	8 000	17 000	14 000
Impairment	0	0	0	0
Expenditure	402 000	161 000	177 000	255 000
Operating Profit	−75 000	−71 000	−98 000	−38 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	40 000
Net Income	−117 000	−55 000	−77 000	−30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	42 000	26 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	32 000	40 000	57 000
Total Tangible Assets	26 000	32 000	40 000	57 000
Total Fiancial Fixed Assets	0	−47 000	−44 000	−3 000
Total Fixed Assets	26 000	27 000	23 000	59 000
Stock	104 000	222 000	275 000	302 000
Total Investments	0	0	0	0
Cash, Bank	0	4 000	5 000	21 000
Total Current Assets	153 000	230 000	290 000	378 000
Total Assets	179 000	257 000	312 000	437 000
Total Equity	133 000	250 000	305 000	382 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 000	0	0	0
Creditors	2 000	7 000	7 000	5 000
Unpaid Taxes	0	0	0	10 000
Dividends	0	0	0	40 000
Other Current Debt	13 000	0	0	0
Total Current Debt	15 000	7 000	7 000	55 000
Total Equity and Debt	179 000	257 000	312 000	437 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−87,97 %	−22 %	−25,25 %	−7,85 %
Debt-to-Equity Ratio	0,24	0	0	0
Operating Profit Margin	−22,87 %	−79,78 %	−125,64 %	−17,51 %
Current Ratio	10,2	32,86	41,43	6,87
Quick Ratio	−1,72	−1,07	−1,08	−1,53
Equity Ratio	0,74	0,97	0,98	0,87
Gross Profit Margin	42,68 %	30,34 %	61,54 %	89,4 %