MEDIA ENTERTAINMENT AS

1461 LØRENSKOG

Finances

Share Ownership

Return on Equity

21,55 %

Current Ratio

2,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 335 000	4 889 000	2 607 000	4 442 000
Net Income	300 000	−252 000	−625 000	1 123 000
Total Assets	2 036 000	1 664 000	1 609 000	3 368 000
Total Equity	1 392 000	1 093 000	1 576 000	2 190 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 335 000	4 889 000	2 607 000	4 442 000
Expenditure	5 034 000	4 737 000	3 223 000	3 313 000
Operating Profit	301 000	152 000	−616 000	1 128 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	7 000	9 000	6 000
Financial Balance	−1 000	−7 000	−9 000	−5 000
Earnings Before Tax	300 000	145 000	−625 000	1 123 000
Tax	0	398 000	0	0
Net Income	300 000	−252 000	−625 000	1 123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	432 000	66 000	16 000	5 000
Total Current Assets	1 603 000	1 598 000	1 592 000	3 363 000
Total Assets	2 036 000	1 664 000	1 609 000	3 368 000
Total Retained Equity	1 290 000	990 000	1 473 000	2 087 000
Total Equity	1 392 000	1 093 000	1 576 000	2 190 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	643 000	571 000	33 000	1 179 000
Total Equity and Debt	2 036 000	1 664 000	1 609 000	3 368 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 335 000	4 820 000	2 607 000	4 443 000
Other Income	0	70 000	0	−1 000
Revenue	5 335 000	4 889 000	2 607 000	4 442 000
Cost of Goods Sold	2 291 000	2 597 000	1 243 000	1 815 000
Salary Costs	2 023 000	1 130 000	1 054 000	1 004 000
Depreciation	39 000	27 000	0	11 000
Impairment	0	0	0	0
Expenditure	5 034 000	4 737 000	3 223 000	3 313 000
Operating Profit	301 000	152 000	−616 000	1 128 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	7 000	9 000	6 000
Financial Balance	−1 000	−7 000	−9 000	−5 000
Dividends	0	231 000	0	0
Net Income	300 000	−252 000	−625 000	1 123 000

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	427 000	61 000	11 000	0
Total Tangible Assets	427 000	61 000	11 000	0
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	432 000	66 000	16 000	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	438 000	739 000	321 000	806 000
Total Current Assets	1 603 000	1 598 000	1 592 000	3 363 000
Total Assets	2 036 000	1 664 000	1 609 000	3 368 000
Total Equity	1 392 000	1 093 000	1 576 000	2 190 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	172 000	−71 000	−97 000	77 000
Unpaid Taxes	342 000	388 000	228 000	1 103 000
Dividends	0	231 000	0	0
Other Current Debt	129 000	24 000	219 000	147 000
Total Current Debt	643 000	571 000	33 000	1 179 000
Total Equity and Debt	2 036 000	1 664 000	1 609 000	3 368 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,55 %	−23,06 %	−39,66 %	51,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,64 %	3,11 %	−23,63 %	25,39 %
Current Ratio	2,49	2,8	48,24	2,85
Quick Ratio	2,49	2,8	48,24	2,85
Equity Ratio	0,68	0,66	0,98	0,65
Gross Profit Margin	57,06 %	46,88 %	52,32 %	59,14 %