MASSIV MEDIA AS

6532 AVERØY

Finances

Return on Equity

5,11 %

Current Ratio

0,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000	118 000	15 000	49 000
Net Income	25 000	−42 000	−18 000	26 000
Total Assets	1 625 000	1 640 000	77 000	92 000
Total Equity	489 000	464 000	68 000	86 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000	118 000	15 000	49 000
Expenditure	80 000	128 000	33 000	22 000
Operating Profit	−76 000	−10 000	−17 000	26 000
Financial Income	150 000	1 000	0	0
Financial Costs	33 000	33 000	0	0
Financial Balance	117 000	−32 000	0	0
Earnings Before Tax	41 000	−42 000	−18 000	26 000
Tax	16 000	0	0	0
Net Income	25 000	−42 000	−18 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 310 000	1 334 000	20 000	20 000
Total Current Assets	315 000	306 000	57 000	72 000
Total Assets	1 625 000	1 640 000	77 000	92 000
Total Retained Equity	439 000	414 000	18 000	36 000
Total Equity	489 000	464 000	68 000	86 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 136 000	1 175 000	9 000	6 000
Total Equity and Debt	1 625 000	1 640 000	77 000	92 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 000	118 000	15 000	48 000
Other Income	0	0	0	0
Revenue	4 000	118 000	15 000	49 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	24 000	24 000	0	0
Impairment	0	0	0	0
Expenditure	80 000	128 000	33 000	22 000
Operating Profit	−76 000	−10 000	−17 000	26 000
Financial Income	150 000	1 000	0	0
Financial Costs	33 000	33 000	0	0
Financial Balance	117 000	−32 000	0	0
Dividends	0	0	0	0
Net Income	25 000	−42 000	−18 000	26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	24 000	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	1 310 000	1 310 000	20 000	20 000
Total Fixed Assets	1 310 000	1 334 000	20 000	20 000
Stock	0	0	0	0
Total Investments	0	33 000	0	0
Cash, Bank	201 000	269 000	36 000	63 000
Total Current Assets	315 000	306 000	57 000	72 000
Total Assets	1 625 000	1 640 000	77 000	92 000
Total Equity	489 000	464 000	68 000	86 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	3 000	9 000	3 000
Unpaid Taxes	27 000	35 000	0	3 000
Dividends	0	0	0	0
Other Current Debt	1 088 000	1 137 000	0	0
Total Current Debt	1 136 000	1 175 000	9 000	6 000
Total Equity and Debt	1 625 000	1 640 000	77 000	92 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,11 %	−9,05 %	−26,47 %	30,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1 900 %	−8,47 %	−113,33 %	53,06 %
Current Ratio	0,28	0,26	6,33	12
Quick Ratio	0,28	0,26	6,33	12
Equity Ratio	0,3	0,28	0,88	0,93
Gross Profit Margin	100 %	100 %	100 %	100 %