MACE UTVIKLING AS

6636 ANGVIK

Finances

Share Ownership

Return on Equity

−16,45 %

Current Ratio

4,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 000	772 000	1 303 000	675 000
Net Income	−63 000	−20 000	−153 000	−390 000
Total Assets	439 000	520 000	1 065 000	918 000
Total Equity	383 000	447 000	466 000	620 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 000	772 000	1 303 000	675 000
Expenditure	87 000	794 000	1 498 000	1 177 000
Operating Profit	−81 000	−22 000	−196 000	−502 000
Financial Income	0	0	0	1 000
Financial Costs	0	3 000	1 000	1 000
Financial Balance	0	−3 000	−1 000	0
Earnings Before Tax	−81 000	−25 000	−196 000	−502 000
Tax	−18 000	−6 000	−43 000	−112 000
Net Income	−63 000	−20 000	−153 000	−390 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	178 000	191 000	403 000	191 000
Total Current Assets	261 000	329 000	662 000	727 000
Total Assets	439 000	520 000	1 065 000	918 000
Total Retained Equity	−627 000	−563 000	−544 000	−390 000
Total Equity	383 000	447 000	466 000	620 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	56 000	73 000	599 000	299 000
Total Equity and Debt	439 000	520 000	1 065 000	918 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 000	772 000	1 303 000	675 000
Other Income	0	0	0	0
Revenue	5 000	772 000	1 303 000	675 000
Cost of Goods Sold	2 000	7 000	11 000	106 000
Salary Costs	0	524 000	1 064 000	775 000
Depreciation	31 000	47 000	41 000	23 000
Impairment	0	0	0	0
Expenditure	87 000	794 000	1 498 000	1 177 000
Operating Profit	−81 000	−22 000	−196 000	−502 000
Financial Income	0	0	0	1 000
Financial Costs	0	3 000	1 000	1 000
Financial Balance	0	−3 000	−1 000	0
Dividends	0	0	0	0
Net Income	−63 000	−20 000	−153 000	−390 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	178 000	160 000	325 000	112 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	31 000	78 000	79 000
Total Tangible Assets	0	31 000	78 000	79 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	178 000	191 000	403 000	191 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	239 000	274 000	542 000	595 000
Total Current Assets	261 000	329 000	662 000	727 000
Total Assets	439 000	520 000	1 065 000	918 000
Total Equity	383 000	447 000	466 000	620 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	18 000	355 000	79 000
Unpaid Taxes	0	0	132 000	137 000
Dividends	0	0	0	0
Other Current Debt	55 000	55 000	112 000	82 000
Total Current Debt	56 000	73 000	599 000	299 000
Total Equity and Debt	439 000	520 000	1 065 000	918 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,45 %	−4,47 %	−32,83 %	−62,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1 620 %	−2,85 %	−15,04 %	−74,37 %
Current Ratio	4,66	4,51	1,11	2,43
Quick Ratio	4,66	4,51	1,11	2,43
Equity Ratio	0,87	0,86	0,44	0,68
Gross Profit Margin	60 %	99,09 %	99,16 %	84,3 %