Polaris Media ASA
ISIN: NO0010466022 | Ticker: POL | LEI: 5967007LIEEXZXILKG08
Country: Norway
Polaris Media ASA is a media group which owns thirty newspapers in Norway. Based in Trondheim, the group was established in 2008. Major newspapers owned by the group include Adresseavisen, Harstad Tidende, Troms Folkeblad, Sunnmørsposten and Romsdals Budstikke.
Year founded2008
Served areaNorway
HeadquartersFerjemannsveien 10, 7042 Trondheim – Norway
| Line item in (nok) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 5,756,731,000.00 | 6,473,662,000.00 | 6,062,000,000.00 |
| Noncurrent Assets | N/A | 4,749,571,000.00 | 5,458,372,000.00 | 5,367,193,000.00 |
| Property Plant And Equipment | N/A | 205,002,000.00 | 207,715,000.00 | 191,361,000.00 |
| Goodwill | N/A | 581,122,000.00 | 579,938,000.00 | 611,003,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 772,261,000.00 | 743,080,000.00 | 740,733,000.00 |
| Investments In Associates Accounted For Using Equity Method | N/A | N/A | 94,225,000.00 | 137,209,000.00 |
| Investments In Joint Ventures Accounted For Using Equity Method | N/A | N/A | 9,306,000.00 | 9,587,000.00 |
| Investments In Joint Ventures | N/A | 31,451,000.00 | 9,306,000.00 | N/A |
| Investments In Associates | N/A | 67,995,000.00 | 94,225,000.00 | N/A |
| Deferred Tax Assets | N/A | 46,605,000.00 | 35,760,000.00 | 56,285,000.00 |
| Other Noncurrent Financial Assets | N/A | 40,908,000.00 | 32,225,000.00 | 43,142,000.00 |
| Noncurrent Investments In Equity Instruments Designated At Fair Value Through Other Comprehensive Income | N/A | 2,418,515,000.00 | 3,179,361,000.00 | 3,053,597,000.00 |
| Current Assets | N/A | 1,007,160,000.00 | 1,015,290,000.00 | 694,807,000.00 |
| Inventories | N/A | 21,076,000.00 | 24,272,000.00 | 40,156,000.00 |
| Trade And Other Current Receivables | N/A | 275,747,000.00 | 310,468,000.00 | 306,951,000.00 |
| Cash and cash equivalents | 323,726,000.00 | 710,337,000.00 | 680,550,000.00 | 347,700,000.00 |
| Equity And Liabilities | N/A | 5,756,731,000.00 | 6,473,662,000.00 | 6,062,000,000.00 |
| Equity | 2,333,761,000.00 | 2,865,530,000.00 | 3,825,492,000.00 | 3,572,581,000.00 |
| Issued Capital | N/A | 48,928,000.00 | 48,944,000.00 | 48,944,000.00 |
| Share Premium | N/A | 256,982,000.00 | 257,696,000.00 | 264,939,000.00 |
| Treasury Shares | N/A | 106,000.00 | 0.00 | 19,000.00 |
| Other Equity Interest | N/A | 1,282,430,000.00 | 1,322,060,000.00 | 1,177,510,000.00 |
| Other Reserves | N/A | 1,436,521,000.00 | 2,148,646,000.00 | 2,019,097,000.00 |
| Noncontrolling Interests | N/A | 181,537,000.00 | 267,772,000.00 | 226,439,000.00 |
| Liabilities | N/A | 2,891,200,000.00 | 2,648,169,000.00 | 2,489,419,000.00 |
| Noncurrent Liabilities | N/A | 1,707,236,000.00 | 1,470,663,000.00 | 1,357,918,000.00 |
| Deferred Tax Liabilities | N/A | 166,889,000.00 | 156,759,000.00 | 145,660,000.00 |
| Other Noncurrent Financial Liabilities | N/A | 447,336,000.00 | 281,812,000.00 | 188,524,000.00 |
| Noncurrent Recognised Liabilities Defined Benefit Plan | N/A | 157,388,000.00 | 140,232,000.00 | 172,158,000.00 |
| Current Liabilities | N/A | 1,183,964,000.00 | 1,177,506,000.00 | 1,131,502,000.00 |
| Trade And Other Current Payables To Trade Suppliers | N/A | 115,398,000.00 | 113,626,000.00 | 118,505,000.00 |
| Current Contract Liabilities | N/A | 390,828,000.00 | 385,684,000.00 | 364,745,000.00 |
| Current Tax Liabilities Current | N/A | 22,526,000.00 | 14,615,000.00 | 20,713,000.00 |
| Current Accrued Expenses And Other Current Liabilities | N/A | 514,745,000.00 | 509,764,000.00 | 469,884,000.00 |
| Current Secured Bank Loans Received And Current Portion Of Noncurrent Secured Bank Loans Received | N/A | 19,600,000.00 | 29,763,000.00 | 29,407,000.00 |
| Line item in (nok) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 3,232,714,000.00 | 3,471,832,000.00 | 3,405,822,000.00 |
| Other Income | 283,779,000.00 | 212,226,000.00 | 224,539,000.00 |
| Raw Materials And Consumables Used | 580,052,000.00 | 528,055,000.00 | 549,249,000.00 |
| Employee Benefits Expense | 1,666,015,000.00 | 1,790,337,000.00 | 1,933,359,000.00 |
| Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 200,130,000.00 | 203,377,000.00 | 220,612,000.00 |
| Depreciation And Amortisation Expense | 99,412,000.00 | 98,577,000.00 | 100,953,000.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 3,771,000.00 | -3,086,000.00 | 5,573,000.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 3,771,000.00 | -3,086,000.00 | 5,573,000.00 |
| Profit Loss From Operating Activities | 227,650,000.00 | 272,519,000.00 | 22,605,000.00 |
| Finance Income | 128,388,000.00 | 176,732,000.00 | 119,264,000.00 |
| Finance Costs | 150,849,000.00 | 263,318,000.00 | 64,650,000.00 |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | 10,141,000.00 | 9,137,000.00 | 1,857,000.00 |
| Profit Loss Before Tax | 205,190,000.00 | 185,933,000.00 | 77,219,000.00 |
| Income Tax Expense Continuing Operations | 46,966,000.00 | 48,200,000.00 | 1,731,000.00 |
| Profit (loss) | 158,223,000.00 | 137,733,000.00 | 75,488,000.00 |
| Profit Loss Attributable To Owners Of Parent | 96,313,000.00 | 150,676,000.00 | 48,138,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | 61,910,000.00 | -12,943,000.00 | 27,350,000.00 |
| Line item in (nok) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | 158,223,000.00 | 137,733,000.00 | 75,488,000.00 |
| Adjustments For Income Tax Expense | N/A | -8,161,000.00 | -16,082,000.00 | -29,048,000.00 |
| Adjustments For Decrease Increase In Inventories | N/A | -641,000.00 | -1,821,000.00 | -15,894,000.00 |
| Adjustments For Increase Decrease In Trade Account Payable | N/A | -58,623,000.00 | -824,000.00 | 4,729,000.00 |
| Adjustments For Provisions | N/A | 5,180,000.00 | -15,283,000.00 | -48,258,000.00 |
| Adjustments For Undistributed Profits Of Associates | N/A | -10,141,000.00 | 9,137,000.00 | 1,857,000.00 |
| Other Adjustments For Noncash Items | N/A | -52,964,000.00 | -31,344,000.00 | 65,715,000.00 |
| Cash Flows From Used In Operations | N/A | 322,969,000.00 | 372,632,000.00 | N/A |
| Cash Flows From Used In Operating Activities | N/A | N/A | 372,632,000.00 | 221,171,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 278,315,000.00 | 282,377,000.00 | 140,233,000.00 |
| Other Cash Receipts From Sales Of Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | N/A | 0.00 | 3,858,000.00 | N/A |
| Other Cash Payments To Acquire Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | N/A | 890,000.00 | 69,526,000.00 | 52,404,000.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | 1,791,000.00 | 595,000.00 | 277,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 86,515,000.00 | 77,162,000.00 | 88,392,000.00 |
| Cash Advances And Loans Made To Other Parties Classified As Investing Activities | N/A | 16,260,000.00 | 160,000.00 | 9,640,000.00 |
| Cash Receipts From Repayment Of Advances And Loans Made To Other Parties Classified As Investing Activities | N/A | N/A | 3,858,000.00 | 0.00 |
| Cash Flows From Used In Investing Activities | N/A | -373,517,000.00 | -418,933,000.00 | -287,609,000.00 |
| Proceeds From Issuing Shares | N/A | 1,744,000.00 | 5,132,000.00 | -3,352,000.00 |
| Proceeds From Issuing Other Equity Instruments | N/A | 6,523,000.00 | 6,579,000.00 | 6,625,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 298,500,000.00 | -24,974,000.00 | -31,622,000.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 4,994,000.00 | 24,974,000.00 | N/A |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 100,292,000.00 | 120,832,000.00 | 122,306,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | N/A | 0.00 | 163,245,000.00 |
| Interest Paid Classified As Financing Activities | N/A | 36,790,000.00 | 31,750,000.00 | 35,687,000.00 |
| Other Inflows Outflows Of Cash Classified As Financing Activities | N/A | -287,000.00 | 96,645,000.00 | -869,000.00 |
| Cash Flows From Used In Financing Activities | N/A | 223,521,000.00 | -5,935,000.00 | -269,026,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | N/A | -52,236,000.00 | -335,464,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 9,207,000.00 | -12,265,000.00 | -6,121,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 172,973,000.00 | -52,236,000.00 | N/A |
| Cash and cash equivalents | 323,726,000.00 | 710,337,000.00 | 680,550,000.00 | 347,700,000.00 |
Please note that some sums might not add up.
NO0010466022
LEI5967007LIEEXZXILKG08
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