PAPERCUT MEDIA AS

4888 HOMBORSUND

Finances

Return on Equity

−1,26 %

Current Ratio

9,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 000	130 000	172 000	176 000
Net Income	−4 000	−3 000	17 000	43 000
Total Assets	352 000	349 000	362 000	331 000
Total Equity	318 000	323 000	326 000	282 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 000	130 000	172 000	176 000
Expenditure	43 000	133 000	150 000	121 000
Operating Profit	69 000	−3 000	22 000	55 000
Financial Income	18 000	0	0	0
Financial Costs	77 000	0	0	0
Financial Balance	−59 000	0	0	0
Earnings Before Tax	10 000	−3 000	22 000	55 000
Tax	15 000	0	5 000	12 000
Net Income	−4 000	−3 000	17 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 000	45 000	72 000	30 000
Total Current Assets	307 000	304 000	291 000	301 000
Total Assets	352 000	349 000	362 000	331 000
Total Retained Equity	218 000	223 000	226 000	182 000
Total Equity	318 000	323 000	326 000	282 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	33 000	26 000	37 000	50 000
Total Equity and Debt	352 000	349 000	362 000	331 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 000	76 000	107 000	66 000
Other Income	51 000	54 000	65 000	110 000
Revenue	112 000	130 000	172 000	176 000
Cost of Goods Sold	0	0	0	64 000
Salary Costs	3 000	4 000	10 000	28 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	43 000	133 000	150 000	121 000
Operating Profit	69 000	−3 000	22 000	55 000
Financial Income	18 000	0	0	0
Financial Costs	77 000	0	0	0
Financial Balance	−59 000	0	0	0
Dividends	0	0	0	0
Net Income	−4 000	−3 000	17 000	43 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	27 000	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	45 000	45 000	45 000	30 000
Total Fixed Assets	45 000	45 000	72 000	30 000
Stock	0	0	0	0
Total Investments	195 000	0	0	0
Cash, Bank	53 000	245 000	232 000	228 000
Total Current Assets	307 000	304 000	291 000	301 000
Total Assets	352 000	349 000	362 000	331 000
Total Equity	318 000	323 000	326 000	282 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	2 000	3 000	14 000
Unpaid Taxes	6 000	7 000	20 000	16 000
Dividends	0	0	0	0
Other Current Debt	7 000	16 000	9 000	8 000
Total Current Debt	33 000	26 000	37 000	50 000
Total Equity and Debt	352 000	349 000	362 000	331 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,26 %	−0,93 %	5,21 %	15,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	61,61 %	−2,31 %	12,79 %	31,25 %
Current Ratio	9,3	11,69	7,86	6,02
Quick Ratio	9,3	11,69	7,86	6,02
Equity Ratio	0,9	0,93	0,9	0,85
Gross Profit Margin	100 %	100 %	100 %	63,64 %