SØVESTEN MEDIA AS

7200 KYRKSÆTERØRA

Finances

Return on Equity

58,35 %

Current Ratio

0,12

Debt-to-Equity Ratio

−0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	811 000	1 041 000	1 372 000	2 080 000
Net Income	−1 192 000	6 000	−180 000	−161 000
Total Assets	179 000	268 000	178 000	246 000
Total Equity	−2 043 000	−1 101 000	−1 106 000	−926 000

Income (NOK)	2022	2021	2020	2019
Revenue	811 000	1 041 000	1 372 000	2 080 000
Expenditure	1 949 000	970 000	1 577 000	2 182 000
Operating Profit	−1 138 000	71 000	−205 000	−102 000
Financial Income	2 000	0	0	1 000
Financial Costs	56 000	65 000	−24 000	60 000
Financial Balance	−54 000	−65 000	24 000	−59 000
Earnings Before Tax	−1 192 000	6 000	−180 000	−161 000
Tax	0	0	0	0
Net Income	−1 192 000	6 000	−180 000	−161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 000	2 000	2 000	2 000
Total Current Assets	177 000	266 000	176 000	244 000
Total Assets	179 000	268 000	178 000	246 000
Total Retained Equity	−2 948 000	−2 006 000	−2 011 000	−1 831 000
Total Equity	−2 043 000	−1 101 000	−1 106 000	−926 000
Total Long-Term Debt	701 000	145 000	192 000	236 000
Total Current Debt	1 521 000	1 223 000	1 093 000	936 000
Total Equity and Debt	179 000	268 000	178 000	246 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	738 000	781 000	1 025 000	1 559 000
Other Income	73 000	260 000	347 000	520 000
Revenue	811 000	1 041 000	1 372 000	2 080 000
Cost of Goods Sold	770 000	529 000	803 000	980 000
Salary Costs	646 000	100 000	261 000	586 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 949 000	970 000	1 577 000	2 182 000
Operating Profit	−1 138 000	71 000	−205 000	−102 000
Financial Income	2 000	0	0	1 000
Financial Costs	56 000	65 000	−24 000	60 000
Financial Balance	−54 000	−65 000	24 000	−59 000
Dividends	0	0	0	0
Net Income	−1 192 000	6 000	−180 000	−161 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	2 000	2 000	2 000	2 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	37 000	166 000	0	2 000
Total Current Assets	177 000	266 000	176 000	244 000
Total Assets	179 000	268 000	178 000	246 000
Total Equity	−2 043 000	−1 101 000	−1 106 000	−926 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	701 000	145 000	192 000	236 000
Creditors	872 000	511 000	514 000	206 000
Unpaid Taxes	77 000	−15 000	−26 000	−14 000
Dividends	0	0	0	0
Other Current Debt	419 000	727 000	515 000	547 000
Total Current Debt	1 521 000	1 223 000	1 093 000	936 000
Total Equity and Debt	179 000	268 000	178 000	246 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,35 %	−0,54 %	16,27 %	17,39 %
Debt-to-Equity Ratio	−0,34	−0,13	−0,17	−0,25
Operating Profit Margin	−140,32 %	6,82 %	−14,94 %	−4,9 %
Current Ratio	0,12	0,22	0,16	0,26
Quick Ratio	0,12	0,22	0,16	0,26
Equity Ratio	−11,41	−4,11	−6,21	−3,76
Gross Profit Margin	5,06 %	49,18 %	41,47 %	52,88 %