ARCTIC MEDIA HOUSE AS

8515 NARVIK

Finances

Return on Equity

−15,33 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	697 000	1 771 000	281 000	265 000
Net Income	−86 000	904 000	145 000	142 000
Total Assets	929 000	1 711 000	678 000	502 000
Total Equity	561 000	1 104 000	430 000	286 000

Income (NOK)	2022	2021	2020	2019
Revenue	697 000	1 771 000	281 000	265 000
Expenditure	801 000	651 000	94 000	89 000
Operating Profit	−104 000	1 121 000	187 000	176 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	6 000	4 000	2 000
Financial Balance	−2 000	−6 000	−4 000	−1 000
Earnings Before Tax	−106 000	1 114 000	183 000	175 000
Tax	−20 000	210 000	39 000	34 000
Net Income	−86 000	904 000	145 000	142 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	512 000	727 000	607 000	457 000
Total Current Assets	417 000	984 000	71 000	45 000
Total Assets	929 000	1 711 000	678 000	502 000
Total Retained Equity	361 000	904 000	230 000	86 000
Total Equity	561 000	1 104 000	430 000	286 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	368 000	607 000	248 000	217 000
Total Equity and Debt	929 000	1 711 000	678 000	502 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	654 000	1 717 000	281 000	244 000
Other Income	44 000	54 000	0	21 000
Revenue	697 000	1 771 000	281 000	265 000
Cost of Goods Sold	119 000	477 000	66 000	42 000
Salary Costs	322 000	0	0	0
Depreciation	92 000	7 000	0	0
Impairment	0	0	0	0
Expenditure	801 000	651 000	94 000	89 000
Operating Profit	−104 000	1 121 000	187 000	176 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	6 000	4 000	2 000
Financial Balance	−2 000	−6 000	−4 000	−1 000
Dividends	0	0	0	0
Net Income	−86 000	904 000	145 000	142 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	39 000	19 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	149 000	0	0	0
Fixtures	304 000	331 000	0	0
Total Tangible Assets	453 000	331 000	0	0
Total Fiancial Fixed Assets	20 000	377 000	607 000	457 000
Total Fixed Assets	512 000	727 000	607 000	457 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	207 000	819 000	64 000	28 000
Total Current Assets	417 000	984 000	71 000	45 000
Total Assets	929 000	1 711 000	678 000	502 000
Total Equity	561 000	1 104 000	430 000	286 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	62 000	38 000	88 000	77 000
Unpaid Taxes	134 000	0	20 000	4 000
Dividends	0	0	0	0
Other Current Debt	171 000	340 000	101 000	70 000
Total Current Debt	368 000	607 000	248 000	217 000
Total Equity and Debt	929 000	1 711 000	678 000	502 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,33 %	81,88 %	33,72 %	49,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−14,92 %	63,3 %	66,55 %	66,42 %
Current Ratio	1,13	1,62	0,29	0,21
Quick Ratio	1,13	1,62	0,29	0,21
Equity Ratio	0,6	0,65	0,63	0,57
Gross Profit Margin	82,93 %	73,07 %	76,51 %	84,15 %