REUTERS NEWS & MEDIA NORWAY AS

0180 OSLO

Finances

Share Ownership

Return on Equity

−59,1 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 332 000	22 576 000	19 514 000	23 483 000
Net Income	−1 795 000	−1 941 000	−4 763 000	−2 887 000
Total Assets	7 505 000	6 786 000	9 067 000	12 532 000
Total Equity	3 037 000	4 832 000	−3 227 000	1 536 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 332 000	22 576 000	19 514 000	23 483 000
Expenditure	27 980 000	24 521 000	23 962 000	25 948 000
Operating Profit	−1 647 000	−1 946 000	−4 448 000	−2 465 000
Financial Income	78 000	39 000	6 000	267 000
Financial Costs	227 000	34 000	321 000	292 000
Financial Balance	−149 000	5 000	−315 000	−25 000
Earnings Before Tax	−1 795 000	−1 941 000	−4 763 000	−2 490 000
Tax	0	0	0	397 000
Net Income	−1 795 000	−1 941 000	−4 763 000	−2 887 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 611 000	4 357 000	7 102 000	12 104 000
Total Current Assets	5 894 000	2 429 000	1 965 000	428 000
Total Assets	7 505 000	6 786 000	9 067 000	12 532 000
Total Retained Equity	−12 793 000	−10 998 000	−9 057 000	1 476 000
Total Equity	3 037 000	4 832 000	−3 227 000	1 536 000
Total Long-Term Debt	0	0	9 902 000	6 235 000
Total Current Debt	4 468 000	1 954 000	2 393 000	4 761 000
Total Equity and Debt	7 505 000	6 786 000	9 067 000	12 532 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 038 000	11 780 000	11 206 000	10 039 000
Other Income	12 294 000	10 795 000	8 307 000	13 444 000
Revenue	26 332 000	22 576 000	19 514 000	23 483 000
Cost of Goods Sold	0	0	0	0
Salary Costs	8 135 000	7 357 000	6 413 000	10 039 000
Depreciation	2 746 000	2 743 000	4 724 000	3 278 000
Impairment	0	0	0	0
Expenditure	27 980 000	24 521 000	23 962 000	25 948 000
Operating Profit	−1 647 000	−1 946 000	−4 448 000	−2 465 000
Financial Income	78 000	39 000	6 000	267 000
Financial Costs	227 000	34 000	321 000	292 000
Financial Balance	−149 000	5 000	−315 000	−25 000
Dividends	0	0	0	0
Net Income	−1 795 000	−1 941 000	−4 763 000	−2 887 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 591 000	4 319 000	7 047 000	11 744 000
Total Intangible Assets	1 591 000	4 319 000	7 047 000	11 744 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	38 000	55 000	361 000
Total Tangible Assets	20 000	38 000	55 000	361 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 611 000	4 357 000	7 102 000	12 104 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	266 000	81 000	502 000	9 000
Total Current Assets	5 894 000	2 429 000	1 965 000	428 000
Total Assets	7 505 000	6 786 000	9 067 000	12 532 000
Total Equity	3 037 000	4 832 000	−3 227 000	1 536 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	9 902 000	6 235 000
Creditors	2 755 000	233 000	840 000	2 277 000
Unpaid Taxes	513 000	609 000	554 000	379 000
Dividends	0	0	0	0
Other Current Debt	1 200 000	1 112 000	998 000	2 105 000
Total Current Debt	4 468 000	1 954 000	2 393 000	4 761 000
Total Equity and Debt	7 505 000	6 786 000	9 067 000	12 532 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−59,1 %	−40,17 %	147,6 %	−187,96 %
Debt-to-Equity Ratio	0	0	−3,07	4,06
Operating Profit Margin	−6,25 %	−8,62 %	−22,79 %	−10,5 %
Current Ratio	1,32	1,24	0,82	0,09
Quick Ratio	1,32	1,24	0,82	0,09
Equity Ratio	0,4	0,71	−0,36	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %