SKANDINAVISK MARKEDSMEDIA AS

1738 BORGENHAUGEN

Finances

Return on Equity

278,82 %

Current Ratio

0,85

Debt-to-Equity Ratio

−0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 917 000	11 907 000	3 130 000	10 258 000
Net Income	−2 356 000	2 254 000	−1 844 000	69 000
Total Assets	3 295 000	4 226 000	1 320 000	2 715 000
Total Equity	−845 000	1 511 000	−744 000	1 101 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 917 000	11 907 000	3 130 000	10 258 000
Expenditure	11 219 000	9 591 000	4 907 000	10 075 000
Operating Profit	−2 302 000	2 317 000	−1 777 000	183 000
Financial Income	72 000	3 000	0	1 000
Financial Costs	125 000	65 000	67 000	115 000
Financial Balance	−53 000	−62 000	−67 000	−114 000
Earnings Before Tax	−2 356 000	2 254 000	−1 844 000	69 000
Tax	0	0	0	0
Net Income	−2 356 000	2 254 000	−1 844 000	69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	94 000	94 000	94 000
Total Current Assets	3 295 000	4 133 000	1 226 000	2 622 000
Total Assets	3 295 000	4 226 000	1 320 000	2 715 000
Total Retained Equity	−945 000	1 411 000	−844 000	1 001 000
Total Equity	−845 000	1 511 000	−744 000	1 101 000
Total Long-Term Debt	250 000	850 000	1 450 000	0
Total Current Debt	3 890 000	1 865 000	614 000	1 615 000
Total Equity and Debt	3 295 000	4 226 000	1 320 000	2 715 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 892 000	11 854 000	3 538 000	9 769 000
Other Income	25 000	53 000	−408 000	489 000
Revenue	8 917 000	11 907 000	3 130 000	10 258 000
Cost of Goods Sold	6 579 000	6 896 000	3 576 000	7 653 000
Salary Costs	2 629 000	2 188 000	626 000	1 770 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 219 000	9 591 000	4 907 000	10 075 000
Operating Profit	−2 302 000	2 317 000	−1 777 000	183 000
Financial Income	72 000	3 000	0	1 000
Financial Costs	125 000	65 000	67 000	115 000
Financial Balance	−53 000	−62 000	−67 000	−114 000
Dividends	0	0	0	0
Net Income	−2 356 000	2 254 000	−1 844 000	69 000

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	0	94 000	94 000	94 000
Total Fixed Assets	0	94 000	94 000	94 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	590 000	350 000	409 000	185 000
Total Current Assets	3 295 000	4 133 000	1 226 000	2 622 000
Total Assets	3 295 000	4 226 000	1 320 000	2 715 000
Total Equity	−845 000	1 511 000	−744 000	1 101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	250 000	850 000	1 450 000	0
Creditors	1 191 000	804 000	119 000	357 000
Unpaid Taxes	761 000	656 000	285 000	380 000
Dividends	0	0	0	0
Other Current Debt	253 000	401 000	195 000	256 000
Total Current Debt	3 890 000	1 865 000	614 000	1 615 000
Total Equity and Debt	3 295 000	4 226 000	1 320 000	2 715 000

Financial indicators	2022	2021	2020	2019
Return on Equity	278,82 %	149,17 %	247,85 %	6,27 %
Debt-to-Equity Ratio	−0,3	0,56	−1,95	0
Operating Profit Margin	−25,82 %	19,46 %	−56,77 %	1,78 %
Current Ratio	0,85	2,22	2	1,62
Quick Ratio	0,85	2,22	2	1,62
Equity Ratio	−0,26	0,36	−0,56	0,41
Gross Profit Margin	26,22 %	42,08 %	−14,25 %	25,39 %