MKM & SØNNER AS

1621 GRESSVIK

Finances

Share Ownership

Return on Equity

12,2 %

Current Ratio

13,6

Debt-to-Equity Ratio

2,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 687 000	3 307 000	1 484 000	4 035 000
Net Income	45 000	186 000	−21 000	58 000
Total Assets	1 313 000	1 682 000	1 104 000	1 269 000
Total Equity	369 000	324 000	138 000	159 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 687 000	3 307 000	1 484 000	4 035 000
Expenditure	1 581 000	3 018 000	1 464 000	3 927 000
Operating Profit	106 000	290 000	19 000	107 000
Financial Income	0	0	0	0
Financial Costs	48 000	52 000	46 000	33 000
Financial Balance	−48 000	−52 000	−46 000	−33 000
Earnings Before Tax	58 000	238 000	−27 000	74 000
Tax	13 000	52 000	−6 000	16 000
Net Income	45 000	186 000	−21 000	58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	265 000	968 000	902 000	479 000
Total Current Assets	1 047 000	714 000	202 000	790 000
Total Assets	1 313 000	1 682 000	1 104 000	1 269 000
Total Retained Equity	339 000	294 000	108 000	129 000
Total Equity	369 000	324 000	138 000	159 000
Total Long-Term Debt	867 000	1 110 000	878 000	501 000
Total Current Debt	77 000	248 000	87 000	609 000
Total Equity and Debt	1 313 000	1 682 000	1 104 000	1 269 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 541 000	3 156 000	1 456 000	3 995 000
Other Income	146 000	151 000	28 000	40 000
Revenue	1 687 000	3 307 000	1 484 000	4 035 000
Cost of Goods Sold	977 000	1 440 000	829 000	740 000
Salary Costs	126 000	864 000	194 000	2 649 000
Depreciation	168 000	210 000	198 000	168 000
Impairment	0	0	0	0
Expenditure	1 581 000	3 018 000	1 464 000	3 927 000
Operating Profit	106 000	290 000	19 000	107 000
Financial Income	0	0	0	0
Financial Costs	48 000	52 000	46 000	33 000
Financial Balance	−48 000	−52 000	−46 000	−33 000
Dividends	0	0	0	0
Net Income	45 000	186 000	−21 000	58 000

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	265 000	968 000	902 000	479 000
Total Tangible Assets	265 000	968 000	902 000	479 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	265 000	968 000	902 000	479 000
Stock	382 000	552 000	13 000	85 000
Total Investments	0	0	0	0
Cash, Bank	34 000	82 000	122 000	485 000
Total Current Assets	1 047 000	714 000	202 000	790 000
Total Assets	1 313 000	1 682 000	1 104 000	1 269 000
Total Equity	369 000	324 000	138 000	159 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	867 000	1 110 000	878 000	501 000
Creditors	39 000	34 000	50 000	61 000
Unpaid Taxes	17 000	111 000	30 000	339 000
Dividends	0	0	0	0
Other Current Debt	4 000	90 000	7 000	210 000
Total Current Debt	77 000	248 000	87 000	609 000
Total Equity and Debt	1 313 000	1 682 000	1 104 000	1 269 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,2 %	57,41 %	−15,22 %	36,48 %
Debt-to-Equity Ratio	2,35	3,43	6,36	3,15
Operating Profit Margin	6,28 %	8,77 %	1,28 %	2,65 %
Current Ratio	13,6	2,88	2,32	1,3
Quick Ratio	−3,43	−2,35	2,73	1,51
Equity Ratio	0,28	0,19	0,13	0,13
Gross Profit Margin	42,09 %	56,46 %	44,14 %	81,66 %