RADIO GRENLAND AS

3921 PORSGRUNN

Finances

Share Ownership

Return on Equity

241,58 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 071 000	6 062 000	5 163 000	6 554 000
Net Income	459 000	267 000	20 000	111 000
Total Assets	1 632 000	1 948 000	2 648 000	1 370 000
Total Equity	190 000	131 000	264 000	244 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 071 000	6 062 000	5 163 000	6 554 000
Expenditure	6 492 000	5 733 000	5 086 000	6 420 000
Operating Profit	578 000	330 000	76 000	135 000
Financial Income	9 000	12 000	11 000	17 000
Financial Costs	1 000	0	0	1 000
Financial Balance	8 000	12 000	11 000	16 000
Earnings Before Tax	587 000	342 000	86 000	151 000
Tax	128 000	75 000	66 000	40 000
Net Income	459 000	267 000	20 000	111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	113 000	85 000	74 000	96 000
Total Current Assets	1 519 000	1 863 000	2 574 000	1 273 000
Total Assets	1 632 000	1 948 000	2 648 000	1 370 000
Total Retained Equity	90 000	31 000	164 000	144 000
Total Equity	190 000	131 000	264 000	244 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 442 000	1 818 000	2 384 000	1 125 000
Total Equity and Debt	1 632 000	1 948 000	2 648 000	1 370 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 023 000	6 062 000	5 163 000	6 458 000
Other Income	48 000	0	0	96 000
Revenue	7 071 000	6 062 000	5 163 000	6 554 000
Cost of Goods Sold	262 000	198 000	192 000	148 000
Salary Costs	2 935 000	2 640 000	2 205 000	3 142 000
Depreciation	32 000	31 000	19 000	24 000
Impairment	0	0	0	0
Expenditure	6 492 000	5 733 000	5 086 000	6 420 000
Operating Profit	578 000	330 000	76 000	135 000
Financial Income	9 000	12 000	11 000	17 000
Financial Costs	1 000	0	0	1 000
Financial Balance	8 000	12 000	11 000	16 000
Dividends	400 000	400 000	0	0
Net Income	459 000	267 000	20 000	111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	32 000	20 000	43 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	82 000	54 000	54 000	53 000
Total Tangible Assets	82 000	54 000	54 000	53 000
Total Fiancial Fixed Assets	11 000	0	0	0
Total Fixed Assets	113 000	85 000	74 000	96 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 012 000	1 139 000	1 793 000	426 000
Total Current Assets	1 519 000	1 863 000	2 574 000	1 273 000
Total Assets	1 632 000	1 948 000	2 648 000	1 370 000
Total Equity	190 000	131 000	264 000	244 000
Short-Term Group Debt	0	0	0	250 000
Total Long-Term Debt	0	0	0	0
Creditors	164 000	695 000	1 413 000	154 000
Unpaid Taxes	404 000	316 000	266 000	363 000
Dividends	400 000	400 000	0	0
Other Current Debt	358 000	320 000	660 000	351 000
Total Current Debt	1 442 000	1 818 000	2 384 000	1 125 000
Total Equity and Debt	1 632 000	1 948 000	2 648 000	1 370 000

Financial indicators	2022	2021	2020	2019
Return on Equity	241,58 %	203,82 %	7,58 %	45,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,17 %	5,44 %	1,47 %	2,06 %
Current Ratio	1,05	1,02	1,08	1,13
Quick Ratio	1,05	1,02	1,08	1,13
Equity Ratio	0,12	0,07	0,1	0,18
Gross Profit Margin	96,29 %	96,73 %	96,28 %	97,74 %