RADIO ÅLESUND AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

−143,6 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 807 000	4 300 000	4 807 000	5 593 000
Net Income	−471 000	−82 000	409 000	197 000
Total Assets	1 356 000	1 472 000	1 899 000	1 549 000
Total Equity	328 000	799 000	881 000	473 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 807 000	4 300 000	4 807 000	5 593 000
Expenditure	4 415 000	4 408 000	4 291 000	5 348 000
Operating Profit	−608 000	−108 000	515 000	246 000
Financial Income	5 000	4 000	9 000	7 000
Financial Costs	3 000	1 000	0	0
Financial Balance	2 000	3 000	9 000	7 000
Earnings Before Tax	−606 000	−105 000	524 000	253 000
Tax	−135 000	−23 000	115 000	56 000
Net Income	−471 000	−82 000	409 000	197 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	304 000	165 000	97 000	103 000
Total Current Assets	1 052 000	1 308 000	1 803 000	1 447 000
Total Assets	1 356 000	1 472 000	1 899 000	1 549 000
Total Retained Equity	298 000	769 000	851 000	443 000
Total Equity	328 000	799 000	881 000	473 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 028 000	673 000	1 018 000	1 077 000
Total Equity and Debt	1 356 000	1 472 000	1 899 000	1 549 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 807 000	4 200 000	4 558 000	5 593 000
Other Income	0	100 000	248 000	0
Revenue	3 807 000	4 300 000	4 807 000	5 593 000
Cost of Goods Sold	109 000	94 000	107 000	152 000
Salary Costs	2 197 000	2 292 000	2 201 000	2 921 000
Depreciation	28 000	21 000	16 000	13 000
Impairment	0	0	0	0
Expenditure	4 415 000	4 408 000	4 291 000	5 348 000
Operating Profit	−608 000	−108 000	515 000	246 000
Financial Income	5 000	4 000	9 000	7 000
Financial Costs	3 000	1 000	0	0
Financial Balance	2 000	3 000	9 000	7 000
Dividends	0	0	0	0
Net Income	−471 000	−82 000	409 000	197 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	215 000	80 000	57 000	51 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	77 000	85 000	35 000	52 000
Total Tangible Assets	77 000	85 000	35 000	52 000
Total Fiancial Fixed Assets	12 000	0	4 000	0
Total Fixed Assets	304 000	165 000	97 000	103 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	644 000	404 000	918 000	351 000
Total Current Assets	1 052 000	1 308 000	1 803 000	1 447 000
Total Assets	1 356 000	1 472 000	1 899 000	1 549 000
Total Equity	328 000	799 000	881 000	473 000
Short-Term Group Debt	373 000	0	0	267 000
Total Long-Term Debt	0	0	0	0
Creditors	117 000	25 000	131 000	143 000
Unpaid Taxes	287 000	363 000	390 000	380 000
Dividends	0	0	0	0
Other Current Debt	252 000	285 000	376 000	287 000
Total Current Debt	1 028 000	673 000	1 018 000	1 077 000
Total Equity and Debt	1 356 000	1 472 000	1 899 000	1 549 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−143,6 %	−10,26 %	46,42 %	41,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−15,97 %	−2,51 %	10,71 %	4,4 %
Current Ratio	1,02	1,94	1,77	1,34
Quick Ratio	1,02	1,94	1,77	1,34
Equity Ratio	0,24	0,54	0,46	0,31
Gross Profit Margin	97,14 %	97,81 %	97,77 %	97,28 %