MG TRANSPORT EXPERTS AS

0751 OSLO

Finances

Share Ownership

Return on Equity

41,6 %

Current Ratio

1,19

Debt-to-Equity Ratio

−4,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 102 000	16 000	199 000	353 000
Net Income	−104 000	−120 000	14 000	41 000
Total Assets	1 255 000	533 000	233 000	306 000
Total Equity	−250 000	−146 000	−21 000	−35 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 102 000	16 000	199 000	353 000
Expenditure	1 206 000	170 000	165 000	272 000
Operating Profit	−105 000	−154 000	34 000	80 000
Financial Income	0	0	0	0
Financial Costs	23 000	0	16 000	28 000
Financial Balance	−23 000	0	−16 000	−28 000
Earnings Before Tax	−128 000	−154 000	18 000	52 000
Tax	−24 000	−33 000	4 000	11 000
Net Income	−104 000	−120 000	14 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	916 000	528 000	186 000	278 000
Total Current Assets	339 000	5 000	47 000	28 000
Total Assets	1 255 000	533 000	233 000	306 000
Total Retained Equity	−280 000	−176 000	−45 000	−59 000
Total Equity	−250 000	−146 000	−21 000	−35 000
Total Long-Term Debt	1 219 000	677 000	217 000	280 000
Total Current Debt	286 000	3 000	38 000	61 000
Total Equity and Debt	1 255 000	533 000	233 000	306 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 102 000	0	192 000	248 000
Other Income	0	15 000	7 000	105 000
Revenue	1 102 000	16 000	199 000	353 000
Cost of Goods Sold	0	4 000	0	20 000
Salary Costs	827 000	3 000	6 000	17 000
Depreciation	106 000	27 000	88 000	96 000
Impairment	0	0	0	0
Expenditure	1 206 000	170 000	165 000	272 000
Operating Profit	−105 000	−154 000	34 000	80 000
Financial Income	0	0	0	0
Financial Costs	23 000	0	16 000	28 000
Financial Balance	−23 000	0	−16 000	−28 000
Dividends	0	0	0	0
Net Income	−104 000	−120 000	14 000	41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	70 000	46 000	13 000	17 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	846 000	481 000	174 000	261 000
Total Tangible Assets	846 000	481 000	174 000	261 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	916 000	528 000	186 000	278 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	280 000	5 000	41 000	7 000
Total Current Assets	339 000	5 000	47 000	28 000
Total Assets	1 255 000	533 000	233 000	306 000
Total Equity	−250 000	−146 000	−21 000	−35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 219 000	677 000	217 000	280 000
Creditors	29 000	4 000	18 000	39 000
Unpaid Taxes	96 000	−1 000	4 000	5 000
Dividends	0	0	0	0
Other Current Debt	161 000	0	15 000	18 000
Total Current Debt	286 000	3 000	38 000	61 000
Total Equity and Debt	1 255 000	533 000	233 000	306 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,6 %	82,19 %	−66,67 %	−117,14 %
Debt-to-Equity Ratio	−4,88	−4,64	−10,33	−8
Operating Profit Margin	−9,53 %	−962,5 %	17,09 %	22,66 %
Current Ratio	1,19	1,67	1,24	0,46
Quick Ratio	1,19	1,67	1,24	0,46
Equity Ratio	−0,2	−0,27	−0,09	−0,11
Gross Profit Margin	100 %	75 %	100 %	94,33 %