In 2020, TONO had a gross turnover of kr 712 381 506
After statutory deduction of 2% to the Norwegian Composers' Fund (managed by the Ministry of Culture), losses and administrative costs were kr 558,661,011 transferred to distribution sums. The administration percentage was 13,8 percent.
Annual development in some income areas
// figures in millions of kroner
TONO has reciprocal agreements with sister societies in a wide range of countries on all continents. The reciprocal agreements mean that TONO manages the other companies' repertoire in Norway, and vice versa.
TURNOVER 2018
TURNOVER 2019
TURNOVER 2020
The result is the amount that is added to the distribution sums each year. MNOK