VALDRES RADIO

2900 FAGERNES

Finances

Share Ownership

Return on Equity

−5,75 %

Current Ratio

9,71

Debt-to-Equity Ratio

Key figures (NOK)	2015	2014	2013
Revenue	599 000	612 000	751 000
Net Income	−18 000	−24 000	114 000
Total Assets	344 000	376 000	402 000
Total Equity	313 000	331 000	355 000

Income (NOK)	2015	2014	2013
Revenue	599 000	612 000	751 000
Expenditure	620 000	640 000	639 000
Operating Profit	−21 000	−27 000	111 000
Financial Income	3 000	3 000	3 000
Financial Costs	0	0	0
Financial Balance	3 000	3 000	3 000
Earnings Before Tax	−18 000	−24 000	114 000
Tax	0	0	0
Net Income	−18 000	−24 000	114 000

Balance (NOK)	2015	2014	2013
Total Fixed Assets	43 000	64 000	85 000
Total Current Assets	301 000	312 000	317 000
Total Assets	344 000	376 000	402 000
Total Retained Equity	−64 000	−46 000	−22 000
Total Equity	313 000	331 000	355 000
Total Long-Term Debt	0	0	0
Total Current Debt	31 000	45 000	47 000
Total Equity and Debt	344 000	376 000	402 000

Cash flow (NOK)	2015	2014	2013
Sales Income	599 000	612 000	602 000
Other Income	0	0	149 000
Revenue	599 000	612 000	751 000
Cost of Goods Sold	317 000	315 000	334 000
Salary Costs	23 000	37 000	11 000
Depreciation	21 000	21 000	21 000
Impairment	0	0	0
Expenditure	620 000	640 000	639 000
Operating Profit	−21 000	−27 000	111 000
Financial Income	3 000	3 000	3 000
Financial Costs	0	0	0
Financial Balance	3 000	3 000	3 000
Dividends	0	0	0
Net Income	−18 000	−24 000	114 000

Balance details (NOK)	2015	2014	2013
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	43 000	64 000	85 000
Total Tangible Assets	43 000	64 000	85 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	43 000	64 000	85 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	273 000	294 000	285 000
Total Current Assets	301 000	312 000	317 000
Total Assets	344 000	376 000	402 000
Total Equity	313 000	331 000	355 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	28 000	38 000	40 000
Unpaid Taxes	0	6 000	7 000
Dividends	0	0	0
Other Current Debt	3 000	0	0
Total Current Debt	31 000	45 000	47 000
Total Equity and Debt	344 000	376 000	402 000

Financial indicators	2015	2014	2013
Return on Equity	−5,75 %	−7,25 %	32,11 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−3,51 %	−4,41 %	14,78 %
Current Ratio	9,71	6,93	6,74
Quick Ratio	9,71	6,93	6,74
Equity Ratio	0,91	0,88	0,88
Gross Profit Margin	47,08 %	48,53 %	55,53 %