THE ENTERTAINMENT COMPANY AS

0350 OSLO

Finances

Share Ownership

Return on Equity

−51,49 %

Current Ratio

0,39

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2021	2020	2018
Revenue	2 811 000	2 695 000	2 007 000
Net Income	328 000	−600 000	22 000
Total Assets	1 022 000	968 000	554 000
Total Equity	−637 000	−966 000	52 000

Income (NOK)	2021	2020	2018
Revenue	2 811 000	2 695 000	2 007 000
Expenditure	2 475 000	3 272 000	1 970 000
Operating Profit	336 000	−577 000	37 000
Financial Income	0	0	0
Financial Costs	8 000	23 000	1 000
Financial Balance	−8 000	−23 000	−1 000
Earnings Before Tax	328 000	−600 000	36 000
Tax	0	0	14 000
Net Income	328 000	−600 000	22 000

Balance (NOK)	2021	2020	2018
Total Fixed Assets	374 000	89 000	95 000
Total Current Assets	649 000	880 000	459 000
Total Assets	1 022 000	968 000	554 000
Total Retained Equity	−667 000	−996 000	22 000
Total Equity	−637 000	−966 000	52 000
Total Long-Term Debt	−4 000	79 000	4 000
Total Current Debt	1 664 000	1 855 000	498 000
Total Equity and Debt	1 022 000	968 000	554 000

Cash flow (NOK)	2021	2020	2018
Sales Income	1 754 000	790 000	2 007 000
Other Income	1 057 000	1 905 000	0
Revenue	2 811 000	2 695 000	2 007 000
Cost of Goods Sold	334 000	1 173 000	725 000
Salary Costs	83 000	147 000	507 000
Depreciation	104 000	0	0
Impairment	0	0	0
Expenditure	2 475 000	3 272 000	1 970 000
Operating Profit	336 000	−577 000	37 000
Financial Income	0	0	0
Financial Costs	8 000	23 000	1 000
Financial Balance	−8 000	−23 000	−1 000
Dividends	0	0	0
Net Income	328 000	−600 000	22 000

Balance details (NOK)	2021	2020	2018
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	30 000	0
Fixtures	374 000	59 000	95 000
Total Tangible Assets	374 000	89 000	95 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	374 000	89 000	95 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	81 000	758 000	145 000
Total Current Assets	649 000	880 000	459 000
Total Assets	1 022 000	968 000	554 000
Total Equity	−637 000	−966 000	52 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	−4 000	79 000	4 000
Creditors	921 000	1 251 000	225 000
Unpaid Taxes	152 000	114 000	174 000
Dividends	0	0	0
Other Current Debt	306 000	490 000	88 000
Total Current Debt	1 664 000	1 855 000	498 000
Total Equity and Debt	1 022 000	968 000	554 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−51,49 %	62,11 %	-	42,31 %
Debt-to-Equity Ratio	0,01	−0,08	-	0,08
Operating Profit Margin	11,95 %	−21,41 %	-	1,84 %
Current Ratio	0,39	0,47	-	0,92
Quick Ratio	0,39	0,47	-	0,92
Equity Ratio	−0,62	−1	-	0,09
Gross Profit Margin	88,12 %	56,47 %	-	63,88 %