FAVOLA FORLAG AS

0154 OSLO

Finances

Share Ownership

Return on Equity

46,65 %

Current Ratio

1,03

Debt-to-Equity Ratio

−1,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 732 000	3 918 000	41 000	605 000
Net Income	−2 823 000	−2 203 000	−7 203 000	−1 773 000
Total Assets	11 229 000	15 381 000	11 381 000	14 775 000
Total Equity	−6 051 000	−8 199 000	−9 771 000	−2 568 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 732 000	3 918 000	41 000	605 000
Expenditure	6 182 000	7 086 000	7 260 000	2 288 000
Operating Profit	−4 450 000	−3 168 000	−7 218 000	−1 684 000
Financial Income	225 000	−99 000	18 000	1 000
Financial Costs	1 000	0	3 000	90 000
Financial Balance	224 000	−99 000	15 000	−89 000
Earnings Before Tax	−4 226 000	−3 267 000	−7 203 000	−1 773 000
Tax	−1 402 000	−1 064 000	0	0
Net Income	−2 823 000	−2 203 000	−7 203 000	−1 773 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	975 000	5 682 000	10 324 000	14 078 000
Total Current Assets	10 254 000	9 699 000	1 057 000	697 000
Total Assets	11 229 000	15 381 000	11 381 000	14 775 000
Total Retained Equity	−9 045 000	−11 194 000	−12 765 000	−5 562 000
Total Equity	−6 051 000	−8 199 000	−9 771 000	−2 568 000
Total Long-Term Debt	7 295 000	5 795 000	680 000	0
Total Current Debt	9 985 000	17 786 000	20 472 000	17 343 000
Total Equity and Debt	11 229 000	15 381 000	11 381 000	14 775 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 580 000	3 952 000	6 000	0
Other Income	152 000	−34 000	35 000	604 000
Revenue	1 732 000	3 918 000	41 000	605 000
Cost of Goods Sold	299 000	277 000	503 000	546 000
Salary Costs	863 000	1 509 000	1 605 000	1 429 000
Depreciation	4 707 000	4 707 000	4 534 000	129 000
Impairment	0	0	0	0
Expenditure	6 182 000	7 086 000	7 260 000	2 288 000
Operating Profit	−4 450 000	−3 168 000	−7 218 000	−1 684 000
Financial Income	225 000	−99 000	18 000	1 000
Financial Costs	1 000	0	3 000	90 000
Financial Balance	224 000	−99 000	15 000	−89 000
Dividends	0	0	0	0
Net Income	−2 823 000	−2 203 000	−7 203 000	−1 773 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	910 000	5 617 000	10 324 000	14 078 000
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	65 000	65 000	0	0
Total Fixed Assets	975 000	5 682 000	10 324 000	14 078 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	212 000	266 000	166 000	93 000
Total Current Assets	10 254 000	9 699 000	1 057 000	697 000
Total Assets	11 229 000	15 381 000	11 381 000	14 775 000
Total Equity	−6 051 000	−8 199 000	−9 771 000	−2 568 000
Short-Term Group Debt	0	0	615 000	50 000
Total Long-Term Debt	7 295 000	5 795 000	680 000	0
Creditors	13 000	27 000	245 000	38 000
Unpaid Taxes	94 000	602 000	155 000	112 000
Dividends	0	0	0	0
Other Current Debt	9 878 000	17 007 000	19 457 000	17 144 000
Total Current Debt	9 985 000	17 786 000	20 472 000	17 343 000
Total Equity and Debt	11 229 000	15 381 000	11 381 000	14 775 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,65 %	26,87 %	73,72 %	69,04 %
Debt-to-Equity Ratio	−1,21	−0,71	−0,07	−0
Operating Profit Margin	−256,93 %	−80,86 %	−17 604,88 %	−278,35 %
Current Ratio	1,03	0,55	0,05	0,04
Quick Ratio	1,03	0,55	0,05	0,04
Equity Ratio	−0,54	−0,53	−0,86	−0,17
Gross Profit Margin	82,74 %	92,93 %	−1 126,83 %	9,75 %