M. ANDERSEN INVEST AS

2440 ENGERDAL

Finances

Return on Equity

54,55 %

Current Ratio

11,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	144 000	81 000	370 000	55 000
Net Income	228 000	41 000	80 000	104 000
Total Assets	441 000	201 000	243 000	223 000
Total Equity	418 000	189 000	199 000	119 000

Income (NOK)	2022	2021	2020	2019
Revenue	144 000	81 000	370 000	55 000
Expenditure	55 000	29 000	267 000	7 000
Operating Profit	90 000	52 000	103 000	48 000
Financial Income	159 000	0	0	64 000
Financial Costs	0	0	0	0
Financial Balance	159 000	0	0	64 000
Earnings Before Tax	249 000	52 000	103 000	111 000
Tax	21 000	11 000	23 000	8 000
Net Income	228 000	41 000	80 000	104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	186 000	139 000	115 000	105 000
Total Current Assets	255 000	62 000	128 000	118 000
Total Assets	441 000	201 000	243 000	223 000
Total Retained Equity	388 000	159 000	169 000	89 000
Total Equity	418 000	189 000	199 000	119 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	23 000	12 000	44 000	105 000
Total Equity and Debt	441 000	201 000	243 000	223 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	144 000	81 000	370 000	55 000
Other Income	0	0	0	0
Revenue	144 000	81 000	370 000	55 000
Cost of Goods Sold	25 000	0	259 000	0
Salary Costs	12 000	0	0	0
Depreciation	6 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	55 000	29 000	267 000	7 000
Operating Profit	90 000	52 000	103 000	48 000
Financial Income	159 000	0	0	64 000
Financial Costs	0	0	0	0
Financial Balance	159 000	0	0	64 000
Dividends	0	0	0	0
Net Income	228 000	41 000	80 000	104 000

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	19 000	24 000	0	0
Total Tangible Assets	19 000	24 000	0	0
Total Fiancial Fixed Assets	167 000	115 000	115 000	105 000
Total Fixed Assets	186 000	139 000	115 000	105 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	255 000	61 000	125 000	87 000
Total Current Assets	255 000	62 000	128 000	118 000
Total Assets	441 000	201 000	243 000	223 000
Total Equity	418 000	189 000	199 000	119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	1 000	2 000	3 000
Unpaid Taxes	0	0	19 000	1 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	93 000
Total Current Debt	23 000	12 000	44 000	105 000
Total Equity and Debt	441 000	201 000	243 000	223 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,55 %	21,69 %	40,2 %	87,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	62,5 %	64,2 %	27,84 %	87,27 %
Current Ratio	11,09	5,17	2,91	1,12
Quick Ratio	11,09	5,17	2,91	1,12
Equity Ratio	0,95	0,94	0,82	0,53
Gross Profit Margin	82,64 %	100 %	30 %	100 %