SHIFTER MEDIA AS

0180 OSLO

Finances

Return on Equity

−203,88 %

Current Ratio

1,69

Debt-to-Equity Ratio

1,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 659 000	11 543 000	5 850 000	4 394 000
Net Income	−1 733 000	947 000	−2 183 000	−3 199 000
Total Assets	5 062 000	6 523 000	4 935 000	5 103 000
Total Equity	850 000	2 143 000	1 195 000	1 368 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 659 000	11 543 000	5 850 000	4 394 000
Expenditure	12 249 000	10 503 000	7 934 000	7 532 000
Operating Profit	−1 590 000	1 039 000	−2 084 000	−3 137 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	145 000	92 000	100 000	64 000
Financial Balance	−144 000	−92 000	−99 000	−62 000
Earnings Before Tax	−1 733 000	947 000	−2 183 000	−3 199 000
Tax	0	0	0	0
Net Income	−1 733 000	947 000	−2 183 000	−3 199 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	85 000	115 000	146 000
Total Current Assets	5 062 000	6 438 000	4 820 000	4 957 000
Total Assets	5 062 000	6 523 000	4 935 000	5 103 000
Total Retained Equity	−6 715 000	−4 982 000	−5 929 000	−3 746 000
Total Equity	850 000	2 143 000	1 195 000	1 368 000
Total Long-Term Debt	1 208 000	1 708 000	2 000 000	2 000 000
Total Current Debt	3 004 000	2 672 000	1 740 000	1 735 000
Total Equity and Debt	5 062 000	6 523 000	4 935 000	5 103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 484 000	10 131 000	5 701 000	3 770 000
Other Income	175 000	1 412 000	149 000	625 000
Revenue	10 659 000	11 543 000	5 850 000	4 394 000
Cost of Goods Sold	989 000	855 000	838 000	1 540 000
Salary Costs	8 834 000	7 823 000	5 578 000	4 796 000
Depreciation	25 000	31 000	31 000	6 000
Impairment	0	0	0	0
Expenditure	12 249 000	10 503 000	7 934 000	7 532 000
Operating Profit	−1 590 000	1 039 000	−2 084 000	−3 137 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	145 000	92 000	100 000	64 000
Financial Balance	−144 000	−92 000	−99 000	−62 000
Dividends	0	0	0	0
Net Income	−1 733 000	947 000	−2 183 000	−3 199 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	25 000	55 000	86 000
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	0	60 000	60 000	60 000
Total Fixed Assets	0	85 000	115 000	146 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 679 000	5 118 000	4 353 000	4 654 000
Total Current Assets	5 062 000	6 438 000	4 820 000	4 957 000
Total Assets	5 062 000	6 523 000	4 935 000	5 103 000
Total Equity	850 000	2 143 000	1 195 000	1 368 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 208 000	1 708 000	2 000 000	2 000 000
Creditors	22 000	89 000	56 000	111 000
Unpaid Taxes	562 000	745 000	432 000	274 000
Dividends	0	0	0	0
Other Current Debt	2 420 000	1 838 000	1 252 000	1 350 000
Total Current Debt	3 004 000	2 672 000	1 740 000	1 735 000
Total Equity and Debt	5 062 000	6 523 000	4 935 000	5 103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−203,88 %	44,19 %	−182,68 %	−233,85 %
Debt-to-Equity Ratio	1,42	0,8	1,67	1,46
Operating Profit Margin	−14,92 %	9 %	−35,62 %	−71,39 %
Current Ratio	1,69	2,41	2,77	2,86
Quick Ratio	1,69	2,41	2,77	2,86
Equity Ratio	0,17	0,33	0,24	0,27
Gross Profit Margin	90,72 %	92,59 %	85,68 %	64,95 %