VOICE REKLAMEBYRÅ AS

1396 BILLINGSTAD

Finances

Return on Equity

−2,97 %

Current Ratio

0,63

Debt-to-Equity Ratio

Key figures (NOK)	2020	2019	2018	2017
Revenue	3 151 000	11 499 000	14 594 000	11 159 000
Net Income	−442 000	14 143 000	1 162 000	903 000
Total Assets	15 766 000	18 778 000	5 173 000	4 096 000
Total Equity	14 896 000	15 339 000	1 196 000	1 034 000

Income (NOK)	2020	2019	2018	2017
Revenue	3 151 000	11 499 000	14 594 000	11 159 000
Expenditure	3 479 000	10 954 000	10 684 000	9 865 000
Operating Profit	−327 000	545 000	3 909 000	1 295 000
Financial Income	31 000	15 704 000	0	0
Financial Costs	128 000	1 845 000	1 742 000	21 000
Financial Balance	−97 000	13 859 000	−1 742 000	−21 000
Earnings Before Tax	−424 000	14 405 000	2 168 000	1 274 000
Tax	19 000	262 000	1 006 000	372 000
Net Income	−442 000	14 143 000	1 162 000	903 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	15 217 000	14 607 000	663 000	2 073 000
Total Current Assets	549 000	4 171 000	4 510 000	2 023 000
Total Assets	15 766 000	18 778 000	5 173 000	4 096 000
Total Retained Equity	14 866 000	15 309 000	1 166 000	1 004 000
Total Equity	14 896 000	15 339 000	1 196 000	1 034 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	870 000	3 439 000	3 977 000	3 061 000
Total Equity and Debt	15 766 000	18 778 000	5 173 000	4 096 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	3 359 000	13 121 000	13 976 000	10 027 000
Other Income	−208 000	−1 621 000	618 000	1 132 000
Revenue	3 151 000	11 499 000	14 594 000	11 159 000
Cost of Goods Sold	1 857 000	6 007 000	3 856 000	4 161 000
Salary Costs	317 000	2 115 000	3 982 000	3 309 000
Depreciation	19 000	89 000	174 000	144 000
Impairment	0	0	0	0
Expenditure	3 479 000	10 954 000	10 684 000	9 865 000
Operating Profit	−327 000	545 000	3 909 000	1 295 000
Financial Income	31 000	15 704 000	0	0
Financial Costs	128 000	1 845 000	1 742 000	21 000
Financial Balance	−97 000	13 859 000	−1 742 000	−21 000
Dividends	0	0	1 000 000	0
Net Income	−442 000	14 143 000	1 162 000	903 000

Balance details (NOK)	2020	2019	2018	2017
Goodwill	0	15 000	74 000	134 000
Total Intangible Assets	0	15 000	324 000	383 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	276 000	233 000	196 000	145 000
Total Tangible Assets	276 000	233 000	196 000	145 000
Total Fiancial Fixed Assets	14 941 000	14 358 000	143 000	1 544 000
Total Fixed Assets	15 217 000	14 607 000	663 000	2 073 000
Stock	129 000	0	0	0
Total Investments	0	306 000	0	0
Cash, Bank	211 000	594 000	924 000	329 000
Total Current Assets	549 000	4 171 000	4 510 000	2 023 000
Total Assets	15 766 000	18 778 000	5 173 000	4 096 000
Total Equity	14 896 000	15 339 000	1 196 000	1 034 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	461 000	1 395 000	1 238 000	1 320 000
Unpaid Taxes	116 000	1 041 000	1 286 000	1 113 000
Dividends	0	0	1 000 000	0
Other Current Debt	82 000	186 000	447 000	326 000
Total Current Debt	870 000	3 439 000	3 977 000	3 061 000
Total Equity and Debt	15 766 000	18 778 000	5 173 000	4 096 000

Financial indicators	2020	2019	2018	2017
Return on Equity	−2,97 %	92,2 %	97,16 %	87,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,38 %	4,74 %	26,78 %	11,6 %
Current Ratio	0,63	1,21	1,13	0,66
Quick Ratio	0,74	1,21	1,13	0,66
Equity Ratio	0,94	0,82	0,23	0,25
Gross Profit Margin	41,07 %	47,76 %	73,58 %	62,71 %