MGS AS

5384 TORANGSVÅG

Finances

Return on Equity

73,37 %

Current Ratio

0,12

Debt-to-Equity Ratio

−24,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−9 941 000	−3 632 000	−8 000	2 000
Total Assets	317 369 000	313 603 000	32 000	248 000
Total Equity	−13 550 000	−3 610 000	23 000	240 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	73 000	6 000	8 000	8 000
Operating Profit	−73 000	−6 000	−8 000	−8 000
Financial Income	8 002 000	0	0	10 000
Financial Costs	17 870 000	3 626 000	0	0
Financial Balance	−9 868 000	−3 626 000	0	10 000
Earnings Before Tax	−9 941 000	−3 632 000	−8 000	2 000
Tax	0	0	0	0
Net Income	−9 941 000	−3 632 000	−8 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	317 357 000	313 563 000	0	0
Total Current Assets	12 000	41 000	32 000	248 000
Total Assets	317 369 000	313 603 000	32 000	248 000
Total Retained Equity	−13 590 000	−3 650 000	−17 000	−10 000
Total Equity	−13 550 000	−3 610 000	23 000	240 000
Total Long-Term Debt	330 816 000	310 000 000	0	0
Total Current Debt	103 000	7 213 000	10 000	8 000
Total Equity and Debt	317 369 000	313 603 000	32 000	248 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	73 000	6 000	8 000	8 000
Operating Profit	−73 000	−6 000	−8 000	−8 000
Financial Income	8 002 000	0	0	10 000
Financial Costs	17 870 000	3 626 000	0	0
Financial Balance	−9 868 000	−3 626 000	0	10 000
Dividends	0	0	0	0
Net Income	−9 941 000	−3 632 000	−8 000	2 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	317 357 000	313 563 000	0	0
Total Fixed Assets	317 357 000	313 563 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	41 000	32 000	248 000
Total Current Assets	12 000	41 000	32 000	248 000
Total Assets	317 369 000	313 603 000	32 000	248 000
Total Equity	−13 550 000	−3 610 000	23 000	240 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	330 816 000	310 000 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	103 000	7 213 000	10 000	8 000
Total Current Debt	103 000	7 213 000	10 000	8 000
Total Equity and Debt	317 369 000	313 603 000	32 000	248 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,37 %	100,61 %	−34,78 %	0,83 %
Debt-to-Equity Ratio	−24,41	−85,87	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	0,12	0,01	3,2	31
Quick Ratio	0,12	0,01	3,2	31
Equity Ratio	−0,04	−0,01	0,72	0,97
Gross Profit Margin	-	-	-	-