MUSETTE AS

5355 KNARREVIK

Finances

Share Ownership

Return on Equity

41,14 %

Current Ratio

3,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 288 000	3 662 000	2 115 000	1 808 000
Net Income	485 000	168 000	108 000	53 000
Total Assets	1 731 000	1 756 000	1 610 000	1 341 000
Total Equity	1 179 000	1 195 000	1 026 000	918 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 288 000	3 662 000	2 115 000	1 808 000
Expenditure	2 670 000	3 421 000	1 971 000	1 731 000
Operating Profit	617 000	241 000	144 000	77 000
Financial Income	0	0	3 000	1 000
Financial Costs	0	12 000	10 000	9 000
Financial Balance	0	−12 000	−7 000	−8 000
Earnings Before Tax	617 000	229 000	137 000	70 000
Tax	132 000	61 000	29 000	17 000
Net Income	485 000	168 000	108 000	53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 000	62 000	167 000	191 000
Total Current Assets	1 703 000	1 694 000	1 443 000	1 151 000
Total Assets	1 731 000	1 756 000	1 610 000	1 341 000
Total Retained Equity	1 149 000	1 165 000	996 000	888 000
Total Equity	1 179 000	1 195 000	1 026 000	918 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	551 000	562 000	584 000	423 000
Total Equity and Debt	1 731 000	1 756 000	1 610 000	1 341 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 288 000	3 662 000	2 115 000	1 683 000
Other Income	0	0	0	125 000
Revenue	3 288 000	3 662 000	2 115 000	1 808 000
Cost of Goods Sold	1 526 000	1 558 000	687 000	738 000
Salary Costs	622 000	1 261 000	783 000	566 000
Depreciation	34 000	105 000	124 000	137 000
Impairment	0	0	0	0
Expenditure	2 670 000	3 421 000	1 971 000	1 731 000
Operating Profit	617 000	241 000	144 000	77 000
Financial Income	0	0	3 000	1 000
Financial Costs	0	12 000	10 000	9 000
Financial Balance	0	−12 000	−7 000	−8 000
Dividends	500 000	0	0	0
Net Income	485 000	168 000	108 000	53 000

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	28 000	62 000	167 000	188 000
Total Tangible Assets	28 000	62 000	167 000	188 000
Total Fiancial Fixed Assets	0	0	0	3 000
Total Fixed Assets	28 000	62 000	167 000	191 000
Stock	456 000	437 000	531 000	483 000
Total Investments	0	0	0	0
Cash, Bank	1 165 000	1 177 000	894 000	645 000
Total Current Assets	1 703 000	1 694 000	1 443 000	1 151 000
Total Assets	1 731 000	1 756 000	1 610 000	1 341 000
Total Equity	1 179 000	1 195 000	1 026 000	918 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	49 000	57 000	71 000	47 000
Unpaid Taxes	122 000	131 000	206 000	102 000
Dividends	500 000	0	0	0
Other Current Debt	248 000	313 000	278 000	252 000
Total Current Debt	551 000	562 000	584 000	423 000
Total Equity and Debt	1 731 000	1 756 000	1 610 000	1 341 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,14 %	14,06 %	10,53 %	5,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,77 %	6,58 %	6,81 %	4,26 %
Current Ratio	3,09	3,01	2,47	2,72
Quick Ratio	17,93	13,55	27,23	−19,18
Equity Ratio	0,68	0,68	0,64	0,68
Gross Profit Margin	53,59 %	57,45 %	67,52 %	59,18 %