ÅRST SPORT & MEDIA AS

4641 SØGNE

Finances

Return on Equity

97,72 %

Current Ratio

0,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	187 000	240 000	579 000
Net Income	2 705 000	15 631 000	105 000	430 000
Total Assets	3 270 000	15 222 000	616 000	404 000
Total Equity	2 768 000	3 373 000	241 000	46 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	187 000	240 000	579 000
Expenditure	550 000	115 000	106 000	26 000
Operating Profit	−550 000	72 000	134 000	553 000
Financial Income	3 260 000	15 576 000	0	0
Financial Costs	2 000	2 000	0	2 000
Financial Balance	3 258 000	15 574 000	0	−2 000
Earnings Before Tax	2 708 000	15 647 000	134 000	552 000
Tax	3 000	15 000	30 000	121 000
Net Income	2 705 000	15 631 000	105 000	430 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 826 000	664 000	310 000	10 000
Total Current Assets	444 000	14 558 000	306 000	394 000
Total Assets	3 270 000	15 222 000	616 000	404 000
Total Retained Equity	2 738 000	3 343 000	211 000	16 000
Total Equity	2 768 000	3 373 000	241 000	46 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	502 000	11 849 000	374 000	358 000
Total Equity and Debt	3 270 000	15 222 000	616 000	404 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	187 000	240 000	579 000
Revenue	0	187 000	240 000	579 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	550 000	115 000	106 000	26 000
Operating Profit	−550 000	72 000	134 000	553 000
Financial Income	3 260 000	15 576 000	0	0
Financial Costs	2 000	2 000	0	2 000
Financial Balance	3 258 000	15 574 000	0	−2 000
Dividends	0	11 500 000	0	0
Net Income	2 705 000	15 631 000	105 000	430 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	0	0	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	2 815 000	664 000	310 000	10 000
Total Fixed Assets	2 826 000	664 000	310 000	10 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	121 000	12 207 000	139 000	394 000
Total Current Assets	444 000	14 558 000	306 000	394 000
Total Assets	3 270 000	15 222 000	616 000	404 000
Total Equity	2 768 000	3 373 000	241 000	46 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	38 000	0	0	0
Unpaid Taxes	0	30 000	45 000	141 000
Dividends	0	11 500 000	0	0
Other Current Debt	464 000	304 000	300 000	95 000
Total Current Debt	502 000	11 849 000	374 000	358 000
Total Equity and Debt	3 270 000	15 222 000	616 000	404 000

Financial indicators	2022	2021	2020	2019
Return on Equity	97,72 %	463,42 %	43,57 %	934,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	38,5 %	55,83 %	95,51 %
Current Ratio	0,88	1,23	0,82	1,1
Quick Ratio	0,88	1,23	0,82	1,1
Equity Ratio	0,85	0,22	0,39	0,11
Gross Profit Margin	-	100 %	100 %	100 %