MUDAN AS

1440 DRØBAK

Finances

Share Ownership

Return on Equity

−190,6 %

Current Ratio

1,23

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 261 000	3 007 000	2 959 000	3 418 000
Net Income	−223 000	207 000	124 000	43 000
Total Assets	556 000	754 000	554 000	477 000
Total Equity	117 000	341 000	134 000	10 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 261 000	3 007 000	2 959 000	3 418 000
Expenditure	3 483 000	2 742 000	2 799 000	3 362 000
Operating Profit	−223 000	266 000	160 000	56 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	−1 000	−1 000	−1 000
Earnings Before Tax	−223 000	265 000	159 000	55 000
Tax	0	58 000	35 000	12 000
Net Income	−223 000	207 000	124 000	43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	30 000	38 000	47 000
Total Current Assets	532 000	724 000	517 000	430 000
Total Assets	556 000	754 000	554 000	477 000
Total Retained Equity	87 000	311 000	104 000	−20 000
Total Equity	117 000	341 000	134 000	10 000
Total Long-Term Debt	8 000	5 000	48 000	58 000
Total Current Debt	431 000	408 000	373 000	409 000
Total Equity and Debt	556 000	754 000	554 000	477 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 098 000	2 674 000	2 800 000	3 332 000
Other Income	163 000	334 000	159 000	87 000
Revenue	3 261 000	3 007 000	2 959 000	3 418 000
Cost of Goods Sold	915 000	844 000	874 000	982 000
Salary Costs	1 885 000	1 307 000	1 326 000	1 768 000
Depreciation	6 000	8 000	9 000	12 000
Impairment	0	0	0	0
Expenditure	3 483 000	2 742 000	2 799 000	3 362 000
Operating Profit	−223 000	266 000	160 000	56 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	−1 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−223 000	207 000	124 000	43 000

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	24 000	30 000	38 000	47 000
Fixtures	0	0	0	0
Total Tangible Assets	24 000	30 000	38 000	47 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 000	30 000	38 000	47 000
Stock	50 000	53 000	39 000	45 000
Total Investments	0	0	0	0
Cash, Bank	465 000	663 000	472 000	383 000
Total Current Assets	532 000	724 000	517 000	430 000
Total Assets	556 000	754 000	554 000	477 000
Total Equity	117 000	341 000	134 000	10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	5 000	48 000	58 000
Creditors	32 000	2 000	10 000	4 000
Unpaid Taxes	150 000	153 000	123 000	146 000
Dividends	0	0	0	0
Other Current Debt	249 000	195 000	204 000	246 000
Total Current Debt	431 000	408 000	373 000	409 000
Total Equity and Debt	556 000	754 000	554 000	477 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−190,6 %	60,7 %	92,54 %	430 %
Debt-to-Equity Ratio	0,07	0,01	0,36	5,8
Operating Profit Margin	−6,84 %	8,85 %	5,41 %	1,64 %
Current Ratio	1,23	1,77	1,39	1,05
Quick Ratio	1,4	2,04	1,55	1,18
Equity Ratio	0,21	0,45	0,24	0,02
Gross Profit Margin	71,94 %	71,93 %	70,46 %	71,27 %