KURSIV MEDIA AS

2000 LILLESTRØM

Finances

Return on Equity

114,93 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 220 000	19 819 000	16 394 000	12 500 000
Net Income	4 912 000	2 730 000	4 124 000	3 069 000
Total Assets	12 322 000	12 613 000	12 349 000	9 220 000
Total Equity	4 274 000	4 013 000	8 403 000	7 281 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 220 000	19 819 000	16 394 000	12 500 000
Expenditure	17 870 000	15 017 000	10 926 000	9 643 000
Operating Profit	9 349 000	4 802 000	5 468 000	2 856 000
Financial Income	216 000	1 385 000	939 000	881 000
Financial Costs	2 566 000	2 346 000	1 027 000	2 000
Financial Balance	−2 350 000	−961 000	−88 000	879 000
Earnings Before Tax	6 999 000	3 841 000	5 380 000	3 735 000
Tax	2 087 000	1 111 000	1 256 000	666 000
Net Income	4 912 000	2 730 000	4 124 000	3 069 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 000	20 000	120 000	220 000
Total Current Assets	12 270 000	12 594 000	12 230 000	9 000 000
Total Assets	12 322 000	12 613 000	12 349 000	9 220 000
Total Retained Equity	2 951 000	2 689 000	7 080 000	5 958 000
Total Equity	4 274 000	4 013 000	8 403 000	7 281 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 048 000	8 600 000	3 946 000	1 939 000
Total Equity and Debt	12 322 000	12 613 000	12 349 000	9 220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 220 000	19 819 000	16 394 000	12 500 000
Other Income	0	0	0	0
Revenue	27 220 000	19 819 000	16 394 000	12 500 000
Cost of Goods Sold	10 055 000	7 824 000	6 267 000	4 573 000
Salary Costs	6 922 000	6 635 000	4 136 000	4 448 000
Depreciation	6 000	0	0	0
Impairment	0	0	0	0
Expenditure	17 870 000	15 017 000	10 926 000	9 643 000
Operating Profit	9 349 000	4 802 000	5 468 000	2 856 000
Financial Income	216 000	1 385 000	939 000	881 000
Financial Costs	2 566 000	2 346 000	1 027 000	2 000
Financial Balance	−2 350 000	−961 000	−88 000	879 000
Dividends	4 500 000	5 000 000	3 001 000	1 001 000
Net Income	4 912 000	2 730 000	4 124 000	3 069 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 000	20 000	20 000	20 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	32 000	0	0	0
Total Tangible Assets	52 000	20 000	20 000	20 000
Total Fiancial Fixed Assets	0	0	100 000	200 000
Total Fixed Assets	52 000	20 000	120 000	220 000
Stock	0	0	0	0
Total Investments	3 598 000	4 819 000	5 671 000	3 696 000
Cash, Bank	4 114 000	5 898 000	5 872 000	4 825 000
Total Current Assets	12 270 000	12 594 000	12 230 000	9 000 000
Total Assets	12 322 000	12 613 000	12 349 000	9 220 000
Total Equity	4 274 000	4 013 000	8 403 000	7 281 000
Short-Term Group Debt	193 000	2 719 000	144 000	144 000
Total Long-Term Debt	0	0	0	0
Creditors	875 000	590 000	151 000	92 000
Unpaid Taxes	1 543 000	1 158 000	954 000	604 000
Dividends	4 500 000	5 000 000	3 001 000	1 001 000
Other Current Debt	892 000	620 000	440 000	435 000
Total Current Debt	8 048 000	8 600 000	3 946 000	1 939 000
Total Equity and Debt	12 322 000	12 613 000	12 349 000	9 220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	114,93 %	68,03 %	49,08 %	42,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	34,35 %	24,23 %	33,35 %	22,85 %
Current Ratio	1,52	1,46	3,1	4,64
Quick Ratio	1,52	1,46	3,1	4,64
Equity Ratio	0,35	0,32	0,68	0,79
Gross Profit Margin	63,06 %	60,52 %	61,77 %	63,42 %