PRAVDA AS

0459 OSLO

Finances

Return on Equity

−4,21 %

Current Ratio

2,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 754 000	16 252 000	22 353 000	24 866 000
Net Income	−230 000	−625 000	120 000	582 000
Total Assets	7 824 000	11 212 000	11 611 000	10 326 000
Total Equity	5 467 000	5 696 000	6 771 000	6 650 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 754 000	16 252 000	22 353 000	24 866 000
Expenditure	19 078 000	17 029 000	22 176 000	24 092 000
Operating Profit	−324 000	−776 000	178 000	773 000
Financial Income	60 000	0	2 000	4 000
Financial Costs	19 000	18 000	18 000	16 000
Financial Balance	41 000	−18 000	−16 000	−12 000
Earnings Before Tax	−282 000	−794 000	162 000	761 000
Tax	−53 000	−170 000	41 000	179 000
Net Income	−230 000	−625 000	120 000	582 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 489 000	478 000	311 000	122 000
Total Current Assets	6 334 000	10 734 000	11 300 000	10 204 000
Total Assets	7 824 000	11 212 000	11 611 000	10 326 000
Total Retained Equity	5 350 000	5 580 000	6 654 000	6 534 000
Total Equity	5 467 000	5 696 000	6 771 000	6 650 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 357 000	5 516 000	4 840 000	3 676 000
Total Equity and Debt	7 824 000	11 212 000	11 611 000	10 326 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 992 000	15 698 000	22 067 000	24 436 000
Other Income	762 000	553 000	286 000	430 000
Revenue	18 754 000	16 252 000	22 353 000	24 866 000
Cost of Goods Sold	12 150 000	10 750 000	15 629 000	17 384 000
Salary Costs	3 951 000	3 461 000	3 804 000	3 930 000
Depreciation	34 000	47 000	40 000	73 000
Impairment	0	0	0	0
Expenditure	19 078 000	17 029 000	22 176 000	24 092 000
Operating Profit	−324 000	−776 000	178 000	773 000
Financial Income	60 000	0	2 000	4 000
Financial Costs	19 000	18 000	18 000	16 000
Financial Balance	41 000	−18 000	−16 000	−12 000
Dividends	0	0	0	350 000
Net Income	−230 000	−625 000	120 000	582 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	227 000	174 000	5 000	19 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	36 000	70 000	72 000	69 000
Total Tangible Assets	36 000	70 000	72 000	69 000
Total Fiancial Fixed Assets	1 226 000	234 000	234 000	34 000
Total Fixed Assets	1 489 000	478 000	311 000	122 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 813 000	9 060 000	9 938 000	9 542 000
Total Current Assets	6 334 000	10 734 000	11 300 000	10 204 000
Total Assets	7 824 000	11 212 000	11 611 000	10 326 000
Total Equity	5 467 000	5 696 000	6 771 000	6 650 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 218 000	1 398 000	1 467 000	642 000
Unpaid Taxes	433 000	1 557 000	1 255 000	2 072 000
Dividends	0	0	0	350 000
Other Current Debt	706 000	2 561 000	2 091 000	508 000
Total Current Debt	2 357 000	5 516 000	4 840 000	3 676 000
Total Equity and Debt	7 824 000	11 212 000	11 611 000	10 326 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,21 %	−10,97 %	1,77 %	8,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,73 %	−4,77 %	0,8 %	3,11 %
Current Ratio	2,69	1,95	2,33	2,78
Quick Ratio	2,69	1,95	2,33	2,78
Equity Ratio	0,7	0,51	0,58	0,64
Gross Profit Margin	35,21 %	33,85 %	30,08 %	30,09 %