VESTFJORDEN MEDIA AS

1337 SANDVIKA

Finances

Share Ownership

Return on Equity

19,18 %

Current Ratio

2,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 533 000	5 781 000	5 649 000	6 138 000
Net Income	262 000	332 000	257 000	−251 000
Total Assets	2 353 000	1 794 000	1 278 000	1 185 000
Total Equity	1 366 000	1 104 000	772 000	515 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 533 000	5 781 000	5 649 000	6 138 000
Expenditure	7 194 000	5 355 000	5 320 000	6 457 000
Operating Profit	339 000	426 000	327 000	−320 000
Financial Income	0	2 000	3 000	1 000
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	2 000	3 000	1 000
Earnings Before Tax	338 000	428 000	330 000	−319 000
Tax	76 000	96 000	73 000	−68 000
Net Income	262 000	332 000	257 000	−251 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	29 000	76 000	136 000
Total Current Assets	2 317 000	1 765 000	1 203 000	1 049 000
Total Assets	2 353 000	1 794 000	1 278 000	1 185 000
Total Retained Equity	1 336 000	1 074 000	742 000	485 000
Total Equity	1 366 000	1 104 000	772 000	515 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	986 000	689 000	506 000	671 000
Total Equity and Debt	2 353 000	1 794 000	1 278 000	1 185 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 533 000	5 781 000	5 645 000	6 136 000
Other Income	0	1 000	4 000	2 000
Revenue	7 533 000	5 781 000	5 649 000	6 138 000
Cost of Goods Sold	2 714 000	1 889 000	1 905 000	2 168 000
Salary Costs	2 558 000	1 663 000	1 751 000	2 606 000
Depreciation	12 000	72 000	50 000	34 000
Impairment	0	0	0	0
Expenditure	7 194 000	5 355 000	5 320 000	6 457 000
Operating Profit	339 000	426 000	327 000	−320 000
Financial Income	0	2 000	3 000	1 000
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	2 000	3 000	1 000
Dividends	0	0	0	0
Net Income	262 000	332 000	257 000	−251 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	27 000	52 000
Total Intangible Assets	15 000	19 000	37 000	123 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	20 000	0	0	0
Fixtures	0	10 000	39 000	13 000
Total Tangible Assets	20 000	10 000	39 000	13 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	35 000	29 000	76 000	136 000
Stock	68 000	61 000	64 000	52 000
Total Investments	0	0	0	0
Cash, Bank	1 386 000	1 189 000	737 000	280 000
Total Current Assets	2 317 000	1 765 000	1 203 000	1 049 000
Total Assets	2 353 000	1 794 000	1 278 000	1 185 000
Total Equity	1 366 000	1 104 000	772 000	515 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	340 000	226 000	253 000	206 000
Unpaid Taxes	275 000	179 000	108 000	199 000
Dividends	0	0	0	0
Other Current Debt	299 000	179 000	135 000	265 000
Total Current Debt	986 000	689 000	506 000	671 000
Total Equity and Debt	2 353 000	1 794 000	1 278 000	1 185 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,18 %	30,07 %	33,29 %	−48,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,5 %	7,37 %	5,79 %	−5,21 %
Current Ratio	2,35	2,56	2,38	1,56
Quick Ratio	2,52	2,81	2,72	1,69
Equity Ratio	0,58	0,62	0,6	0,43
Gross Profit Margin	63,97 %	67,32 %	66,28 %	64,68 %