WATCH MEDIA NORWAY AS

0155 OSLO

Finances

Share Ownership

Return on Equity

−177,84 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	4 214 000	426 000
Net Income	−15 442 000	−10 396 000	−7 474 000
Total Assets	17 093 000	13 629 000	4 231 000
Total Equity	8 683 000	10 125 000	−5 479 000

Income (NOK)	2022	2021	2020
Revenue	0	4 214 000	426 000
Expenditure	15 356 000	14 440 000	7 816 000
Operating Profit	−15 357 000	−10 226 000	−7 389 000
Financial Income	15 000	39 000	11 000
Financial Costs	100 000	208 000	96 000
Financial Balance	−85 000	−169 000	−85 000
Earnings Before Tax	−15 442 000	−10 396 000	−7 474 000
Tax	0	0	0
Net Income	−15 442 000	−10 396 000	−7 474 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	442 000	402 000	375 000
Total Current Assets	16 651 000	13 227 000	3 857 000
Total Assets	17 093 000	13 629 000	4 231 000
Total Retained Equity	0	−17 869 000	−7 474 000
Total Equity	8 683 000	10 125 000	−5 479 000
Total Long-Term Debt	0	0	0
Total Current Debt	8 410 000	3 504 000	9 711 000
Total Equity and Debt	17 093 000	13 629 000	4 231 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	4 214 000	426 000
Other Income	0	0	0
Revenue	0	4 214 000	426 000
Cost of Goods Sold	0	115 000	72 000
Salary Costs	13 357 000	7 360 000	3 632 000
Depreciation	52 000	39 000	22 000
Impairment	0	0	0
Expenditure	15 356 000	14 440 000	7 816 000
Operating Profit	−15 357 000	−10 226 000	−7 389 000
Financial Income	15 000	39 000	11 000
Financial Costs	100 000	208 000	96 000
Financial Balance	−85 000	−169 000	−85 000
Dividends	0	0	0
Net Income	−15 442 000	−10 396 000	−7 474 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	178 000	138 000	111 000
Total Tangible Assets	178 000	138 000	111 000
Total Fiancial Fixed Assets	264 000	264 000	264 000
Total Fixed Assets	442 000	402 000	375 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	14 959 000	12 318 000	3 423 000
Total Current Assets	16 651 000	13 227 000	3 857 000
Total Assets	17 093 000	13 629 000	4 231 000
Total Equity	8 683 000	10 125 000	−5 479 000
Short-Term Group Debt	51 000	0	8 211 000
Total Long-Term Debt	0	0	0
Creditors	2 838 000	627 000	455 000
Unpaid Taxes	1 169 000	622 000	216 000
Dividends	0	0	0
Other Current Debt	4 353 000	2 255 000	829 000
Total Current Debt	8 410 000	3 504 000	9 711 000
Total Equity and Debt	17 093 000	13 629 000	4 231 000

Financial indicators	2022	2021	2020
Return on Equity	−177,84 %	−102,68 %	136,41 %
Debt-to-Equity Ratio	0	0	−0
Operating Profit Margin	-	−242,67 %	−1 734,51 %
Current Ratio	1,98	3,77	0,4
Quick Ratio	1,98	3,77	0,4
Equity Ratio	0,51	0,74	−1,29
Gross Profit Margin	-	97,27 %	83,1 %