Income Statement North Media A/S

Stocks

NORTHM

DK0010270347

Consumer Publishing

Market Closed - Nasdaq Copenhagen 11:20:00 2026-10-02 EDT			5-day change	1st Jan Change
50.00 ^DKK	+2.04%		+1.01%	+4.82%

08-31	North Media A/S agreed to acquire BEAM from Bodil Energi for DKK 9 million.	CI
08-31	North Media A/S Announces Appointment of Martin Frandsen Tobberup to Chief Executive Officer of the Company Operating Beam, Effective September 1, 2026	CI

1f8ae1cd0155eb8b85041049bd.GQiod-bAz0-ZWIOQ2ZaPSWcn0qjvPqaMVX4I6xb6N88.d0vkJJCXngLjPNzBhqTFHlFgnuefd-f4YBkxnVyPXvZzZvIwi5eZNdVuyg

Published financial data: NORTH MEDIA A/S

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (DKK)	2022 (DKK)	2023 (DKK)	2024 (DKK)	2025 (DKK)
Revenues	1.03B	995M	949M	1.3B	1.3B
Total Revenues	1.03B	995M	949M	1.3B	1.3B
Cost of Goods Sold, Total	413M	432M	411M	677M	692M
Gross Profit	620M	563M	538M	625M	604M
Selling General & Admin Expenses, Total	333M	352M	369M	481M	486M
Depreciation & Amortization - (IS)	27.7M	27.7M	27M	59.3M	58.4M
Other Operating Expenses	-4.9M	-8.8M	-7.3M	-9.9M	-7M
Other Operating Expenses, Total	356M	371M	388M	530M	538M
Operating Income	264M	192M	150M	94.2M	66.2M
Interest Expense, Total	-4.7M	-4.5M	-3.7M	-7.5M	-5.4M
Interest And Investment Income	103M	1.2M	193M	219M	16.2M
Net Interest Expenses	98.6M	-3.3M	189M	211M	10.8M
Income (Loss) On Equity Invest.	4.2M	7.4M	2.6M	-500K	400K
Currency Exchange Gains (Loss)	400K	-200K	-1.5M	-	-1.4M
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	368M	195M	340M	305M	76M
Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-600K	-194M	-100K	-100K	-900K
Asset Writedown	-20.1M	-	-	-169M	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	347M	1.4M	340M	136M	75.1M
Income Tax Expense	73.4M	-700K	75.7M	63.3M	21M
Earnings From Continuing Operations	274M	2.1M	264M	72.5M	54.1M
Earnings Of Discontinued Operations	-	-	-	-10.8M	12.1M
Net Income to Company	274M	2.1M	264M	61.7M	66.2M
Minority Interest	-	-	-	-	-
Net Income - (IS)	274M	2.1M	264M	61.7M	66.2M
Net Income to Common Incl Extra Items	274M	2.1M	264M	61.7M	66.2M
Net Income to Common Excl. Extra Items	274M	2.1M	264M	72.5M	54.1M
Per Share Items
Net EPS - Basic	15.03	0.11	14.29	3.41	3.66
Basic EPS - Continuing Operations	15.03	0.11	14.29	4.01	2.99
Basic Weighted Average Shares Outstanding	18.2M	18.4M	18.5M	18.1M	18.1M
Net EPS - Diluted	14.7	0.1	14.29	3.4	3.66
Diluted EPS - Continuing Operations	14.7	0.1	14.29	4	2.99
Diluted Weighted Average Shares Outstanding	18.6M	18.5M	18.5M	18.1M	18.1M
Normalized Basic EPS	12.63	6.64	11.49	10.53	2.62
Normalized Diluted EPS	12.36	6.6	11.49	10.53	2.62
Dividend Per Share	5	4	4	-	1.25
Payout Ratio	33.15	4.39K	28.1	116.86	-
Supplemental Items
EBITDA	291M	217M	175M	149M	121M
EBITA	266M	193M	151M	112M	80.4M
EBIT	264M	192M	150M	94.2M	66.2M
EBITDAR	293M	221M	179M	154M	125M
Effective Tax Rate - (Ratio)	21.15	-50	22.26	46.61	27.96
Total Current Taxes	74.6M	15.2M	57.1M	69.4M	25.3M
Total Deferred Taxes	-1.2M	-16.1M	18.4M	-7.1M	-4.6M
Normalized Net Income	230M	122M	213M	191M	47.5M
Interest on Long-Term Debt	4.7M	4.5M	3.7M	7.5M	-
Supplemental Operating Expense Items
Net Rental Expense, Total	2M	3.5M	4.3M	4.6M	3.9M
Imputed Operating Lease Interest Expense	584K	1.03M	932K	1.78M	1.17M
Imputed Operating Lease Depreciation	1.42M	2.47M	3.37M	2.82M	2.73M
Stock-Based Comp., Other (Total)	1.2M	200K	100K	-	-
Total Stock-Based Compensation	1.2M	200K	100K	-	-

Fiscal Period: December	2021 (DKK)	2022 (DKK)	2023 (DKK)	2024 (DKK)	2025 (DKK)
Assets
Cash And Equivalents	130M	187M	160M	38.9M	113M
Short Term Investments	753M	578M	652M	854M	815M
Total Cash And Short Term Investments	883M	764M	813M	893M	927M
Accounts Receivable, Total	57.5M	55.2M	84.2M	87.8M	73.5M
Other Receivables	7.8M	1.3M	13.8M	31.6M	39.4M
Total Receivables	65.3M	56.5M	98M	119M	113M
Inventory	5.6M	5.8M	6M	8.5M	5.2M
Prepaid Expenses	16.3M	15.7M	22.1M	-	-
Total Current Assets	970M	842M	939M	1.02B	1.05B
Gross Property Plant And Equipment	715M	735M	791M	846M	759M
Accumulated Depreciation	-426M	-448M	-469M	-504M	-441M
Net Property Plant And Equipment	290M	287M	322M	342M	318M
Long-term Investments	10.3M	18.7M	17.8M	20.5M	20.3M
Goodwill	39.1M	40M	146M	41M	41M
Other Intangibles, Total	10.3M	11.7M	187M	114M	115M
Deferred Tax Assets Long-Term	100K	10.4M	-	-	-
Other Long-Term Assets, Total	1.2M	1.3M	600K	600K	1.5M
Total Assets	1.32B	1.21B	1.61B	1.54B	1.54B
Liabilities
Accounts Payable, Total	44.7M	30.9M	66M	76.4M	43.7M
Accrued Expenses, Total	28.1M	22.7M	82.2M	30.5M	31.7M
Current Portion of Long-Term Debt	4.8M	4.8M	4.9M	4.9M	5M
Current Portion of Leases	3.4M	3.4M	14.6M	19.4M	15.6M
Current Income Taxes Payable	-	10.3M	26.2M	13.2M	28.6M
Unearned Revenue Current, Total	5.4M	7.1M	7.1M	9.2M	1.4M
Other Current Liabilities	37.6M	26.2M	63M	77.1M	63.8M
Total Current Liabilities	124M	105M	264M	231M	190M
Long-Term Debt	113M	109M	104M	98.7M	93.8M
Long-Term Leases	3.3M	1.9M	31.1M	33.2M	18.1M
Deferred Tax Liability Non Current	-	-	37.4M	30.6M	26.1M
Other Non Current Liabilities	-	-	20.3M	-	-
Total Liabilities	241M	216M	456M	393M	328M
Common Stock, Total	100M	100M	100M	100M	100M
Retained Earnings	983M	895M	1.06B	1.05B	1.11B
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	-2.9M	-	-300K	-1.7M	-700K
Total Common Equity	1.08B	995M	1.16B	1.15B	1.21B
Minority Interest	-	-	-	-	-
Total Equity	1.08B	995M	1.16B	1.15B	1.21B
Total Liabilities And Equity	1.32B	1.21B	1.61B	1.54B	1.54B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	18.15M	18.43M	17.97M	18.02M	18.02M
ECS Total Common Shares Outstanding	18.15M	18.43M	17.97M	18.02M	18.02M
Book Value / Share	59.52	54.02	64.35	63.6	67.32
Tangible Book Value	1.03B	944M	823M	991M	1.06B
Tangible Book Value Per Share	56.79	51.22	45.79	54.99	58.69
Total Debt	125M	119M	154M	156M	132M
Net Debt	-758M	-646M	-658M	-737M	-795M
Debt Equivalent Oper. Leases	16M	28M	34.4M	36.8M	31.2M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	8.1M	14.5M	12.1M	11.6M	10M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Work In Process, Total	-	-	-	-	-
Inventories - Finished Goods, Total	5.8M	6M	6.2M	8.8M	6.5M
Land - (BS)	391M	404M	444M	482M	469M
Machinery, Total	250M	256M	272M	288M	291M
Full Time Employees	411	420	399	600	600
Accumulated Allowance for Doubtful Accounts (Supple)	200K	500K	400K	200K	100K

Fiscal Period: December	2021 (DKK)	2022 (DKK)	2023 (DKK)	2024 (DKK)	2025 (DKK)
Net Income	274M	2.1M	264M	61.7M	66.2M
Depreciation & Amortization - CF	25.6M	24.5M	23.6M	37.6M	40.3M
Amortization of Goodwill and Intangible Assets - (CF)	1.2M	1.2M	1.2M	17.3M	14.2M
Depreciation & Amortization, Total	26.8M	25.7M	24.8M	54.9M	54.5M
Amortization of Deferred Charges, Total - (CF)	900K	2M	2M	4.5M	5M
(Gain) Loss From Sale Of Asset	-	-	100K	14M	-2.7M
(Gain) Loss on Sale of Investments - (CF)	-103M	194M	-189M	-217M	-15.6M
Asset Writedown & Restructuring Costs	20.1M	-	-	155M	-
(Income) Loss On Equity Investments - (CF)	-4.2M	-7.4M	-2.6M	500K	-400K
Stock-Based Compensation (CF)	1.2M	200K	200K	-	-
Net Cash From Discontinued Operations	-	-	-	-10.8M	-4.4M
Other Operating Activities, Total	-16.3M	700K	31.1M	-10.6M	2.5M
Change In Accounts Receivable	-1.8M	2.9M	-48M	-900K	8.9M
Change in Other Net Operating Assets	-41M	-29.1M	43.4M	-35.4M	-34.4M
Cash from Operations	156M	191M	126M	15.5M	79.6M
Capital Expenditure	-18.8M	-20.2M	-11.9M	-49.2M	-55.1M
Sale of Property, Plant, and Equipment	500K	-	200K	100K	20.2M
Cash Acquisitions	-	-4M	-146M	-9.6M	-20.3M
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-6.7M	-	-	-	-
Investment in Marketable and Equity Securities, Total	-67.3M	-24.5M	108M	10.1M	50.4M
Other Investing Activities, Total	4.1M	4.9M	9.6M	2.1M	21.2M
Cash from Investing	-88.2M	-43.8M	-40.2M	-46.5M	16.4M
Long-Term Debt Repaid, Total	-8M	-8.4M	-8.7M	-20.4M	-22.3M
Total Debt Repaid	-8M	-8.4M	-8.7M	-20.4M	-22.3M
Issuance of Common Stock	7M	10.1M	6.8M	2M	-
Repurchase of Common Stock	-	-	-36.1M	-	-
Common Dividends Paid	-90.7M	-92.1M	-74.3M	-72.1M	-
Common & Preferred Stock Dividends Paid	-90.7M	-92.1M	-74.3M	-72.1M	-
Other Financing Activities, Total	-	-	-	-	-
Cash from Financing	-91.7M	-90.4M	-112M	-90.5M	-22.3M
Net Change in Cash	-23.8M	57.1M	-26.4M	-122M	73.7M
Supplemental Items
Cash Interest Paid	4.9M	4.7M	5.3M	9M	7.8M
Cash Income Tax Paid (Refund)	90M	-1.4M	44.7M	83.3M	9M
Levered Free Cash Flow	108M	115M	206M	24.49M	15M
Unlevered Free Cash Flow	111M	118M	208M	29.18M	18.38M
Change In Net Working Capital	58.2M	9.4M	-99.2M	39.9M	27.4M
Net Debt Issued / Repaid	-8M	-8.4M	-8.7M	-20.4M	-22.3M

Fiscal Period: December	2021 (DKK)	2022 (DKK)	2023 (DKK)	2024 (DKK)	2025 (DKK)
Profitability
Return on Assets	13.17	9.45	6.63	3.74	2.69
Return on Total Capital	14.92	10.32	7.73	4.51	3.12
Return On Equity %	27.93	0.2	24.57	6.3	4.59
Return on Common Equity	27.93	0.2	24.57	6.3	4.59
Margin Analysis
Gross Profit Margin %	60.03	56.56	56.72	48	46.61
SG&A Margin	32.24	35.42	38.85	36.97	37.54
EBITDA Margin %	28.18	21.82	18.41	11.46	9.31
EBITA Margin %	25.71	19.36	15.92	8.57	6.2
EBIT Margin %	25.59	19.24	15.79	7.24	5.11
Income From Continuing Operations Margin %	26.47	0.21	27.86	5.57	4.17
Net Income Margin %	26.47	0.21	27.86	4.74	5.11
Net Avail. For Common Margin %	26.47	0.21	27.86	5.57	4.17
Normalized Net Income Margin	22.23	12.27	22.4	14.65	3.67
Levered Free Cash Flow Margin	10.41	11.57	21.66	1.88	1.16
Unlevered Free Cash Flow Margin	10.69	11.85	21.9	2.24	1.42
Asset Turnover
Asset Turnover	0.82	0.79	0.67	0.83	0.84
Fixed Assets Turnover	3.47	3.45	3.12	3.92	3.92
Receivables Turnover (Average Receivables)	17.5	17.66	13.62	15.13	16.07
Inventory Turnover (Average Inventory)	88.84	75.86	69.63	93.34	101.01
Short Term Liquidity
Current Ratio	7.82	7.99	3.56	4.43	5.51
Quick Ratio	7.65	7.79	3.45	4.39	5.48
Operating Cash Flow to Current Liabilities	1.26	1.81	0.48	0.07	0.42
Days Sales Outstanding (Average Receivables)	20.85	20.66	26.8	24.19	22.71
Days Outstanding Inventory (Average Inventory)	4.11	4.81	5.24	3.92	3.61
Average Days Payable Outstanding	34.74	31.89	43.03	38.37	31.83
Cash Conversion Cycle (Average Days)	-9.78	-6.42	-10.98	-10.26	-5.5
Long Term Solvency
Total Debt/Equity	11.56	11.92	13.34	13.63	10.92
Total Debt / Total Capital	10.36	10.65	11.77	11.99	9.84
LT Debt/Equity	10.8	11.1	11.66	11.51	9.22
Long-Term Debt / Total Capital	9.68	9.92	10.28	10.13	8.31
Total Liabilities / Total Assets	18.22	17.82	28.3	25.54	21.27
EBIT / Interest Expense	56.28	42.56	40.51	12.56	12.26
EBITDA / Interest Expense	61.98	48.27	47.22	19.88	22.35
(EBITDA - Capex) / Interest Expense	57.98	43.78	44	13.32	12.15
Total Debt / EBITDA	0.43	0.55	0.88	1.05	1.1
Net Debt / EBITDA	-2.6	-2.97	-3.77	-4.94	-6.58
Total Debt / (EBITDA - Capex)	0.46	0.6	0.95	1.56	2.02
Net Debt / (EBITDA - Capex)	-2.78	-3.28	-4.04	-7.38	-12.12
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-1.13	-3.71	-4.64	42.21	-0.42
Gross Profit, 1 Yr. Growth %	0.11	-9.28	-4.37	22.59	-3.3
EBITDA, 1 Yr. Growth %	8.29	-25.44	-19.57	-18.03	-18.99
EBITA, 1 Yr. Growth %	10.11	-27.47	-21.59	-29.52	-27.89
EBIT, 1 Yr. Growth %	10.12	-27.6	-21.72	-39.23	-29.72
Earnings From Cont. Operations, 1 Yr. Growth %	-9.7	-99.23	12.49K	-72.97	-25.38
Net Income, 1 Yr. Growth %	-10.73	-99.23	12.49K	-76.66	7.29
Normalized Net Income, 1 Yr. Growth %	-5.26	-46.86	74.1	-11.62	-75.08
Diluted EPS Before Extra, 1 Yr. Growth %	-10.96	-99.32	14.19K	-72.43	-25.21
Accounts Receivable, 1 Yr. Growth %	-5.12	-4	52.54	4.28	-16.29
Inventory, 1 Yr. Growth %	51.35	3.57	3.45	41.67	-38.82
Net Property, Plant and Equip., 1 Yr. Growth %	-5.27	-0.93	12.27	6.18	-6.87
Total Assets, 1 Yr. Growth %	11.06	-8.28	33.15	-4.55	0.12
Tangible Book Value, 1 Yr. Growth %	25.24	-8.43	-12.8	20.44	6.74
Common Equity, 1 Yr. Growth %	22.87	-7.83	16.17	-0.87	5.86
Cash From Operations, 1 Yr. Growth %	-27.9	22.55	-34.08	-87.71	413.55
Capital Expenditures, 1 Yr. Growth %	14.63	7.45	-41.09	313.45	11.99
Levered Free Cash Flow, 1 Yr. Growth %	-45.95	7.06	78.49	-88.27	-38.49
Unlevered Free Cash Flow, 1 Yr. Growth %	-45.35	6.76	76.19	-86.19	-36.8
Dividend Per Share, 1 Yr. Growth %	0	-20	0	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-0.58	-2.43	-4.17	14.35	19.01
Gross Profit, 2 Yr. CAGR %	8.95	-4.7	-6.86	5.35	8.88
EBITDA, 2 Yr. CAGR %	22	-10.14	-22.56	-17.15	-18.54
EBITA, 2 Yr. CAGR %	26.1	-10.64	-24.59	-23.93	-28.71
EBIT, 2 Yr. CAGR %	26.27	-10.71	-24.72	-29.86	-34.65
Earnings From Cont. Operations, 2 Yr. CAGR %	13.74	-91.68	-1.7	487.57	-55.09
Net Income, 2 Yr. CAGR %	15.44	-91.72	-1.7	442.04	-49.96
Normalized Net Income, 2 Yr. CAGR %	14.97	-29.04	-3.81	24.94	-53.07
Diluted EPS Before Extra, 2 Yr. CAGR %	13.89	-92.22	-1.4	532.19	-54.59
Accounts Receivable, 2 Yr. CAGR %	-10.13	-4.56	21.01	26.12	-6.57
Inventory, 2 Yr. CAGR %	3.77	25.2	3.51	21.06	-6.91
Net Property, Plant and Equip., 2 Yr. CAGR %	-5.65	-3.12	5.46	9.18	-0.56
Total Assets, 2 Yr. CAGR %	16.81	0.93	10.51	12.74	-2.24
Tangible Book Value, 2 Yr. CAGR %	29.16	7.09	-10.64	2.48	13.38
Common Equity, 2 Yr. CAGR %	26.85	6.42	3.48	7.31	2.44
Cash From Operations, 2 Yr. CAGR %	9.45	-6	-10.12	-71.54	-20.55
Capital Expenditures, 2 Yr. CAGR %	16.3	10.98	-20.44	56.07	115.18
Levered Free Cash Flow, 2 Yr. CAGR %	-5.96	-23.93	38.24	-53.89	-73.2
Unlevered Free Cash Flow, 2 Yr. CAGR %	-5.63	-23.62	37.15	-50.27	-70.51
Dividend Per Share, 2 Yr. CAGR %	11.8	-10.56	-10.56	-	-44.1
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-3.35	-1.63	-3.17	7.98	9.2
Gross Profit, 3 Yr. CAGR %	3.94	2.5	-4.59	0.23	2.38
EBITDA, 3 Yr. CAGR %	28.68	3.54	-13.4	-20.01	-17.79
EBITA, 3 Yr. CAGR %	32.82	4.87	-14.45	-25.13	-25.28
EBIT, 3 Yr. CAGR %	34.09	4.9	-14.54	-29.12	-29.82
Earnings From Cont. Operations, 3 Yr. CAGR %	69.89	-78.51	-4.44	-35.77	195.34
Net Income, 3 Yr. CAGR %	69.28	-78.29	-4.81	-39.13	215.9
Normalized Net Income, 3 Yr. CAGR %	57.14	-11.11	-4.3	-6.04	-27
Diluted EPS Before Extra, 3 Yr. CAGR %	70.45	-79.34	-4.69	-35.22	210.34
Accounts Receivable, 3 Yr. CAGR %	-11.52	-8.13	11.59	15.15	10.01
Inventory, 3 Yr. CAGR %	15.87	3.71	17.49	14.92	-3.57
Net Property, Plant and Equip., 3 Yr. CAGR %	-3.51	-4.1	1.76	5.7	3.54
Total Assets, 3 Yr. CAGR %	16.96	7.77	10.7	5.25	8.36
Tangible Book Value, 3 Yr. CAGR %	28.5	15.17	0	-1.29	3.88
Common Equity, 3 Yr. CAGR %	26.09	14.04	9.57	2.01	6.83
Cash From Operations, 3 Yr. CAGR %	14.24	13.66	-16.49	-53.69	-25.34
Capital Expenditures, 3 Yr. CAGR %	-10.36	13.27	-10.14	37.81	39.72
Levered Free Cash Flow, 3 Yr. CAGR %	17.11	-1.81	1.08	-38.94	-49.31
Unlevered Free Cash Flow, 3 Yr. CAGR %	12.48	-1.67	0.92	-35.85	-46.2
Dividend Per Share, 3 Yr. CAGR %	18.56	0	-7.17	-	-32.14
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	3.24	2.05	-3.68	4.47	4.39
Gross Profit, 5 Yr. CAGR %	8.24	6.55	-0.52	3.63	-0.51
EBITDA, 5 Yr. CAGR %	95.89	50.53	5.03	-5.29	-14.81
EBITA, 5 Yr. CAGR %	82.29	90.9	5.91	-7.77	-19.73
EBIT, 5 Yr. CAGR %	58.67	353.35	6.44	-10.7	-22.72
Earnings From Cont. Operations, 5 Yr. CAGR %	33.84	-40.43	36.5	-19.28	-29.15
Net Income, 5 Yr. CAGR %	34.1	-40.68	36.21	-21.37	-26.4
Normalized Net Income, 5 Yr. CAGR %	107.15	50.2	29.13	1.86	-27.83
Diluted EPS Before Extra, 5 Yr. CAGR %	34.02	-41.82	36.93	-18.82	-28.95
Accounts Receivable, 5 Yr. CAGR %	-6.3	-7.36	0.29	4.28	3.94
Inventory, 5 Yr. CAGR %	-2.33	1.07	10.76	10.33	7.04
Net Property, Plant and Equip., 5 Yr. CAGR %	-1.41	-2.28	-0.02	1.01	0.82
Total Assets, 5 Yr. CAGR %	11.52	9.07	14.34	9.73	5.33
Tangible Book Value, 5 Yr. CAGR %	20.5	16.39	11.12	9.91	5.15
Common Equity, 5 Yr. CAGR %	18.59	14.88	16.51	11.3	6.66
Cash From Operations, 5 Yr. CAGR %	61.29	52.76	3.79	-34.68	-18.14
Capital Expenditures, 5 Yr. CAGR %	19.24	-9.02	-14.54	28.76	27.43
Levered Free Cash Flow, 5 Yr. CAGR %	112.2	115.99	25.14	-27.43	-40.37
Unlevered Free Cash Flow, 5 Yr. CAGR %	112.3	132.48	21.77	-25.14	-38.1
Dividend Per Share, 5 Yr. CAGR %	-	21.67	5.92	-	-24.21