MUSIC MANAGEMENT AS

2160 VORMSUND

Finances

Share Ownership

Return on Equity

39,47 %

Current Ratio

0,43

Debt-to-Equity Ratio

−1,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 151 000	1 000 000	943 000	1 131 000
Net Income	−330 000	−213 000	−355 000	−120 000
Total Assets	1 044 000	1 404 000	1 533 000	1 826 000
Total Equity	−836 000	−506 000	−293 000	62 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 151 000	1 000 000	943 000	1 131 000
Expenditure	1 373 000	1 102 000	1 185 000	1 183 000
Operating Profit	−223 000	−101 000	−242 000	−53 000
Financial Income	0	0	0	0
Financial Costs	107 000	112 000	114 000	73 000
Financial Balance	−107 000	−112 000	−114 000	−73 000
Earnings Before Tax	−330 000	−213 000	−355 000	−126 000
Tax	0	0	0	−6 000
Net Income	−330 000	−213 000	−355 000	−120 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	875 000	1 258 000	1 331 000	1 782 000
Total Current Assets	169 000	146 000	202 000	44 000
Total Assets	1 044 000	1 404 000	1 533 000	1 826 000
Total Retained Equity	−866 000	−536 000	−323 000	32 000
Total Equity	−836 000	−506 000	−293 000	62 000
Total Long-Term Debt	1 487 000	1 771 000	1 593 000	1 547 000
Total Current Debt	392 000	140 000	234 000	217 000
Total Equity and Debt	1 044 000	1 404 000	1 533 000	1 826 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 151 000	633 000	784 000	1 004 000
Other Income	0	368 000	159 000	127 000
Revenue	1 151 000	1 000 000	943 000	1 131 000
Cost of Goods Sold	109 000	2 000	17 000	83 000
Salary Costs	74 000	154 000	221 000	209 000
Depreciation	383 000	461 000	458 000	330 000
Impairment	0	0	0	0
Expenditure	1 373 000	1 102 000	1 185 000	1 183 000
Operating Profit	−223 000	−101 000	−242 000	−53 000
Financial Income	0	0	0	0
Financial Costs	107 000	112 000	114 000	73 000
Financial Balance	−107 000	−112 000	−114 000	−73 000
Dividends	0	0	0	0
Net Income	−330 000	−213 000	−355 000	−120 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	875 000	1 258 000	1 331 000	1 780 000
Total Tangible Assets	875 000	1 258 000	1 331 000	1 780 000
Total Fiancial Fixed Assets	0	0	0	2 000
Total Fixed Assets	875 000	1 258 000	1 331 000	1 782 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	102 000	145 000	28 000
Total Current Assets	169 000	146 000	202 000	44 000
Total Assets	1 044 000	1 404 000	1 533 000	1 826 000
Total Equity	−836 000	−506 000	−293 000	62 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 487 000	1 771 000	1 593 000	1 547 000
Creditors	271 000	47 000	46 000	44 000
Unpaid Taxes	8 000	16 000	66 000	20 000
Dividends	0	0	0	0
Other Current Debt	113 000	77 000	121 000	153 000
Total Current Debt	392 000	140 000	234 000	217 000
Total Equity and Debt	1 044 000	1 404 000	1 533 000	1 826 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,47 %	42,09 %	121,16 %	−193,55 %
Debt-to-Equity Ratio	−1,78	−3,5	−5,44	24,95
Operating Profit Margin	−19,37 %	−10,1 %	−25,66 %	−4,69 %
Current Ratio	0,43	1,04	0,86	0,2
Quick Ratio	0,43	1,04	0,86	0,2
Equity Ratio	−0,8	−0,36	−0,19	0,03
Gross Profit Margin	90,53 %	99,8 %	98,2 %	92,66 %