TROMSØ MUSIKKSKOLE AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

52,17 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 276 000	2 263 000	1 670 000	1 786 000
Net Income	12 000	143 000	26 000	−10 000
Total Assets	98 000	95 000	102 000	239 000
Total Equity	23 000	10 000	−133 000	−159 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 276 000	2 263 000	1 670 000	1 786 000
Expenditure	2 257 000	2 097 000	1 629 000	1 772 000
Operating Profit	18 000	166 000	41 000	14 000
Financial Income	0	0	0	0
Financial Costs	6 000	4 000	16 000	24 000
Financial Balance	−6 000	−4 000	−16 000	−24 000
Earnings Before Tax	12 000	162 000	26 000	−10 000
Tax	0	19 000	0	0
Net Income	12 000	143 000	26 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	17 000	22 000	90 000
Total Current Assets	85 000	78 000	81 000	149 000
Total Assets	98 000	95 000	102 000	239 000
Total Retained Equity	−7 000	−20 000	−163 000	−189 000
Total Equity	23 000	10 000	−133 000	−159 000
Total Long-Term Debt	0	0	197 000	249 000
Total Current Debt	75 000	85 000	38 000	149 000
Total Equity and Debt	98 000	95 000	102 000	239 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 276 000	2 263 000	1 670 000	1 786 000
Revenue	2 276 000	2 263 000	1 670 000	1 786 000
Cost of Goods Sold	1 525 000	1 449 000	1 175 000	884 000
Salary Costs	466 000	436 000	92 000	518 000
Depreciation	4 000	4 000	69 000	83 000
Impairment	0	0	0	0
Expenditure	2 257 000	2 097 000	1 629 000	1 772 000
Operating Profit	18 000	166 000	41 000	14 000
Financial Income	0	0	0	0
Financial Costs	6 000	4 000	16 000	24 000
Financial Balance	−6 000	−4 000	−16 000	−24 000
Dividends	0	0	0	0
Net Income	12 000	143 000	26 000	−10 000

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	69 000
Fixtures	13 000	17 000	22 000	22 000
Total Tangible Assets	13 000	17 000	22 000	90 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	17 000	22 000	90 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	82 000	78 000	81 000	132 000
Total Current Assets	85 000	78 000	81 000	149 000
Total Assets	98 000	95 000	102 000	239 000
Total Equity	23 000	10 000	−133 000	−159 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	197 000	249 000
Creditors	26 000	20 000	38 000	94 000
Unpaid Taxes	4 000	3 000	0	5 000
Dividends	0	0	0	0
Other Current Debt	46 000	43 000	0	50 000
Total Current Debt	75 000	85 000	38 000	149 000
Total Equity and Debt	98 000	95 000	102 000	239 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,17 %	1 430 %	−19,55 %	6,29 %
Debt-to-Equity Ratio	0	0	−1,48	−1,57
Operating Profit Margin	0,79 %	7,34 %	2,46 %	0,78 %
Current Ratio	1,13	0,92	2,13	1
Quick Ratio	1,13	0,92	2,13	1
Equity Ratio	0,23	0,11	−1,3	−0,67
Gross Profit Margin	33 %	35,97 %	29,64 %	50,5 %