AUGUST MEDIESTUDIO AS

3264 LARVIK

Finances

Share Ownership

Return on Equity

35,14 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020
Revenue	1 115 000	580 000	93 000
Net Income	52 000	43 000	23 000
Total Assets	415 000	207 000	114 000
Total Equity	148 000	96 000	53 000

Income (NOK)	2022	2021	2020
Revenue	1 115 000	580 000	93 000
Expenditure	1 050 000	524 000	64 000
Operating Profit	65 000	56 000	29 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	65 000	56 000	29 000
Tax	13 000	12 000	6 000
Net Income	52 000	43 000	23 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	91 000	21 000	26 000
Total Current Assets	324 000	186 000	87 000
Total Assets	415 000	207 000	114 000
Total Retained Equity	118 000	66 000	23 000
Total Equity	148 000	96 000	53 000
Total Long-Term Debt	50 000	0	0
Total Current Debt	217 000	111 000	61 000
Total Equity and Debt	415 000	207 000	114 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 035 000	580 000	93 000
Other Income	79 000	0	0
Revenue	1 115 000	580 000	93 000
Cost of Goods Sold	106 000	55 000	0
Salary Costs	625 000	377 000	38 000
Depreciation	14 000	5 000	7 000
Impairment	0	0	0
Expenditure	1 050 000	524 000	64 000
Operating Profit	65 000	56 000	29 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	52 000	43 000	23 000

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	63 000	21 000	26 000
Total Tangible Assets	63 000	21 000	26 000
Total Fiancial Fixed Assets	28 000	0	0
Total Fixed Assets	91 000	21 000	26 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	246 000	115 000	87 000
Total Current Assets	324 000	186 000	87 000
Total Assets	415 000	207 000	114 000
Total Equity	148 000	96 000	53 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	50 000	0	0
Creditors	17 000	0	1 000
Unpaid Taxes	127 000	57 000	3 000
Dividends	0	0	0
Other Current Debt	59 000	42 000	50 000
Total Current Debt	217 000	111 000	61 000
Total Equity and Debt	415 000	207 000	114 000

Financial indicators	2022	2021	2020
Return on Equity	35,14 %	44,79 %	43,4 %
Debt-to-Equity Ratio	0,34	0	0
Operating Profit Margin	5,83 %	9,66 %	31,18 %
Current Ratio	1,49	1,68	1,43
Quick Ratio	1,49	1,68	1,43
Equity Ratio	0,36	0,46	0,46
Gross Profit Margin	90,49 %	90,52 %	100 %