NORWAY MEDIA AS

2022 GJERDRUM

Finances

Share Ownership

Return on Equity

51,02 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 591 000	1 425 000	669 000	72 000
Net Income	125 000	−48 000	191 000	6 000
Total Assets	475 000	416 000	339 000	65 000
Total Equity	245 000	127 000	205 000	14 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 591 000	1 425 000	669 000	72 000
Expenditure	1 456 000	1 451 000	423 000	63 000
Operating Profit	134 000	−26 000	247 000	8 000
Financial Income	0	0	0	0
Financial Costs	5 000	2 000	2 000	0
Financial Balance	−5 000	−2 000	−2 000	0
Earnings Before Tax	130 000	−29 000	245 000	8 000
Tax	4 000	20 000	54 000	2 000
Net Income	125 000	−48 000	191 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	121 000	129 000	143 000	23 000
Total Current Assets	354 000	287 000	195 000	42 000
Total Assets	475 000	416 000	339 000	65 000
Total Retained Equity	215 000	97 000	175 000	−16 000
Total Equity	245 000	127 000	205 000	14 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	230 000	289 000	134 000	51 000
Total Equity and Debt	475 000	416 000	339 000	65 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 591 000	1 425 000	669 000	72 000
Other Income	0	0	0	0
Revenue	1 591 000	1 425 000	669 000	72 000
Cost of Goods Sold	281 000	357 000	313 000	41 000
Salary Costs	819 000	556 000	0	0
Depreciation	36 000	27 000	7 000	0
Impairment	0	0	0	0
Expenditure	1 456 000	1 451 000	423 000	63 000
Operating Profit	134 000	−26 000	247 000	8 000
Financial Income	0	0	0	0
Financial Costs	5 000	2 000	2 000	0
Financial Balance	−5 000	−2 000	−2 000	0
Dividends	7 000	30 000	0	0
Net Income	125 000	−48 000	191 000	6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	3 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	115 000	102 000	129 000	0
Total Tangible Assets	115 000	102 000	129 000	0
Total Fiancial Fixed Assets	6 000	27 000	12 000	9 000
Total Fixed Assets	121 000	129 000	143 000	23 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	215 000	232 000	101 000	15 000
Total Current Assets	354 000	287 000	195 000	42 000
Total Assets	475 000	416 000	339 000	65 000
Total Equity	245 000	127 000	205 000	14 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	26 000	31 000	5 000	18 000
Unpaid Taxes	91 000	141 000	60 000	6 000
Dividends	7 000	30 000	0	0
Other Current Debt	102 000	71 000	27 000	27 000
Total Current Debt	230 000	289 000	134 000	51 000
Total Equity and Debt	475 000	416 000	339 000	65 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,02 %	−37,8 %	93,17 %	42,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,42 %	−1,82 %	36,92 %	11,11 %
Current Ratio	1,54	0,99	1,46	0,82
Quick Ratio	1,54	0,99	1,46	0,82
Equity Ratio	0,52	0,31	0,6	0,22
Gross Profit Margin	82,34 %	74,95 %	53,21 %	43,06 %