ART MUSIKAL OG BALLETTSKOLE AS

0753 OSLO

Finances

Share Ownership

Return on Equity

24,05 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 257 000	6 875 000	6 194 000	7 290 000
Net Income	241 000	71 000	476 000	87 000
Total Assets	1 953 000	1 459 000	1 248 000	1 310 000
Total Equity	1 002 000	760 000	690 000	214 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 257 000	6 875 000	6 194 000	7 290 000
Expenditure	8 914 000	6 779 000	5 550 000	7 086 000
Operating Profit	344 000	96 000	644 000	205 000
Financial Income	0	0	0	0
Financial Costs	36 000	8 000	26 000	93 000
Financial Balance	−36 000	−8 000	−26 000	−93 000
Earnings Before Tax	308 000	88 000	618 000	112 000
Tax	66 000	17 000	142 000	25 000
Net Income	241 000	71 000	476 000	87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 953 000	1 459 000	1 248 000	1 310 000
Total Assets	1 953 000	1 459 000	1 248 000	1 310 000
Total Retained Equity	971 000	730 000	659 000	184 000
Total Equity	1 002 000	760 000	690 000	214 000
Total Long-Term Debt	1 000	26 000	64 000	0
Total Current Debt	950 000	672 000	494 000	1 096 000
Total Equity and Debt	1 953 000	1 459 000	1 248 000	1 310 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 252 000	6 690 000	5 769 000	7 290 000
Other Income	6 000	185 000	424 000	0
Revenue	9 257 000	6 875 000	6 194 000	7 290 000
Cost of Goods Sold	2 042 000	1 668 000	1 478 000	0
Salary Costs	3 974 000	2 458 000	1 762 000	2 318 000
Depreciation	0	0	0	60 000
Impairment	0	0	0	0
Expenditure	8 914 000	6 779 000	5 550 000	7 086 000
Operating Profit	344 000	96 000	644 000	205 000
Financial Income	0	0	0	0
Financial Costs	36 000	8 000	26 000	93 000
Financial Balance	−36 000	−8 000	−26 000	−93 000
Dividends	0	0	0	0
Net Income	241 000	71 000	476 000	87 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 018 000	583 000	1 019 000	767 000
Total Current Assets	1 953 000	1 459 000	1 248 000	1 310 000
Total Assets	1 953 000	1 459 000	1 248 000	1 310 000
Total Equity	1 002 000	760 000	690 000	214 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	26 000	64 000	0
Creditors	201 000	246 000	92 000	345 000
Unpaid Taxes	330 000	214 000	135 000	201 000
Dividends	0	0	0	0
Other Current Debt	352 000	195 000	133 000	525 000
Total Current Debt	950 000	672 000	494 000	1 096 000
Total Equity and Debt	1 953 000	1 459 000	1 248 000	1 310 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,05 %	9,34 %	68,99 %	40,65 %
Debt-to-Equity Ratio	0	0,03	0,09	0
Operating Profit Margin	3,72 %	1,4 %	10,4 %	2,81 %
Current Ratio	2,06	2,17	2,53	1,2
Quick Ratio	2,06	2,17	2,53	1,2
Equity Ratio	0,51	0,52	0,55	0,16
Gross Profit Margin	77,94 %	75,74 %	76,14 %	100 %