SCANDINAVIAN SATELLITE RADIO AS

4073 RANDABERG

Finances

Share Ownership

Return on Equity

−0,79 %

Current Ratio

0,28

Debt-to-Equity Ratio

−0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	290 000	422 000	597 000	947 000
Net Income	3 000	−284 000	−257 000	−84 000
Total Assets	145 000	156 000	−101 000	156 000
Total Equity	−382 000	−384 000	−101 000	156 000

Income (NOK)	2022	2021	2020	2019
Revenue	290 000	422 000	597 000	947 000
Expenditure	285 000	703 000	855 000	1 031 000
Operating Profit	6 000	−280 000	−257 000	−84 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	0	0
Financial Balance	−3 000	−3 000	0	0
Earnings Before Tax	3 000	−284 000	−257 000	−84 000
Tax	0	0	0	0
Net Income	3 000	−284 000	−257 000	−84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	26 000	−151 000	67 000
Total Current Assets	127 000	130 000	50 000	89 000
Total Assets	145 000	156 000	−101 000	156 000
Total Retained Equity	−682 000	−684 000	−401 000	−144 000
Total Equity	−382 000	−384 000	−101 000	156 000
Total Long-Term Debt	75 000	70 000	0	0
Total Current Debt	451 000	471 000	0	0
Total Equity and Debt	145 000	156 000	−101 000	156 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	216 000	142 000	170 000	327 000
Other Income	74 000	281 000	427 000	620 000
Revenue	290 000	422 000	597 000	947 000
Cost of Goods Sold	3 000	53 000	0	0
Salary Costs	0	0	0	0
Depreciation	9 000	9 000	9 000	11 000
Impairment	0	0	0	0
Expenditure	285 000	703 000	855 000	1 031 000
Operating Profit	6 000	−280 000	−257 000	−84 000
Financial Income	0	0	0	0
Financial Costs	3 000	3 000	0	0
Financial Balance	−3 000	−3 000	0	0
Dividends	0	0	0	0
Net Income	3 000	−284 000	−257 000	−84 000

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	35 000	44 000
Fixtures	17 000	26 000	0	0
Total Tangible Assets	17 000	26 000	35 000	44 000
Total Fiancial Fixed Assets	0	0	−186 000	23 000
Total Fixed Assets	17 000	26 000	−151 000	67 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	51 000	50 000	50 000	89 000
Total Current Assets	127 000	130 000	50 000	89 000
Total Assets	145 000	156 000	−101 000	156 000
Total Equity	−382 000	−384 000	−101 000	156 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	75 000	70 000	0	0
Creditors	191 000	203 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	260 000	267 000	0	0
Total Current Debt	451 000	471 000	0	0
Total Equity and Debt	145 000	156 000	−101 000	156 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,79 %	73,96 %	254,46 %	−53,85 %
Debt-to-Equity Ratio	−0,2	−0,18	−0	0
Operating Profit Margin	2,07 %	−66,35 %	−43,05 %	−8,87 %
Current Ratio	0,28	0,28	-	-
Quick Ratio	0,28	0,28	-	-
Equity Ratio	−2,63	−2,46	1	1
Gross Profit Margin	98,97 %	87,44 %	100 %	100 %