LORAKS MEDIA AS

1395 HVALSTAD

Finances

Return on Equity

121,67 %

Current Ratio

1,23

Debt-to-Equity Ratio

−1,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	745 000	840 000	280 000	536 000
Net Income	−146 000	131 000	108 000	−154 000
Total Assets	188 000	373 000	162 000	32 000
Total Equity	−120 000	26 000	−105 000	−212 000

Income (NOK)	2022	2021	2020	2019
Revenue	745 000	840 000	280 000	536 000
Expenditure	892 000	946 000	172 000	687 000
Operating Profit	−146 000	−106 000	108 000	−150 000
Financial Income	0	237 000	0	0
Financial Costs	0	0	0	4 000
Financial Balance	0	237 000	0	−4 000
Earnings Before Tax	−146 000	131 000	108 000	−154 000
Tax	0	0	0	0
Net Income	−146 000	131 000	108 000	−154 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	3 000	6 000	30 000
Total Current Assets	185 000	370 000	156 000	2 000
Total Assets	188 000	373 000	162 000	32 000
Total Retained Equity	−135 000	11 000	−120 000	−227 000
Total Equity	−120 000	26 000	−105 000	−212 000
Total Long-Term Debt	157 000	0	0	0
Total Current Debt	151 000	347 000	266 000	244 000
Total Equity and Debt	188 000	373 000	162 000	32 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	745 000	840 000	280 000	536 000
Other Income	0	0	0	0
Revenue	745 000	840 000	280 000	536 000
Cost of Goods Sold	0	0	0	0
Salary Costs	832 000	904 000	134 000	633 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	892 000	946 000	172 000	687 000
Operating Profit	−146 000	−106 000	108 000	−150 000
Financial Income	0	237 000	0	0
Financial Costs	0	0	0	4 000
Financial Balance	0	237 000	0	−4 000
Dividends	0	0	0	0
Net Income	−146 000	131 000	108 000	−154 000

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	3 000	3 000	6 000	30 000
Total Fixed Assets	3 000	3 000	6 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	172 000	130 000	137 000	0
Total Current Assets	185 000	370 000	156 000	2 000
Total Assets	188 000	373 000	162 000	32 000
Total Equity	−120 000	26 000	−105 000	−212 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	157 000	0	0	0
Creditors	2 000	3 000	2 000	7 000
Unpaid Taxes	60 000	74 000	76 000	0
Dividends	0	0	0	0
Other Current Debt	89 000	270 000	188 000	237 000
Total Current Debt	151 000	347 000	266 000	244 000
Total Equity and Debt	188 000	373 000	162 000	32 000

Financial indicators	2022	2021	2020	2019
Return on Equity	121,67 %	503,85 %	−102,86 %	72,64 %
Debt-to-Equity Ratio	−1,31	0	−0	−0
Operating Profit Margin	−19,6 %	−12,62 %	38,57 %	−27,99 %
Current Ratio	1,23	1,07	0,59	0,01
Quick Ratio	1,23	1,07	0,59	0,01
Equity Ratio	−0,64	0,07	−0,65	−6,63
Gross Profit Margin	100 %	100 %	100 %	100 %