MK TRAKTORSERVICE AS

9841 TANA

Finances

Share Ownership

Return on Equity

48,09 %

Current Ratio

1,27

Debt-to-Equity Ratio

1,42

Key figures (NOK)	2022	2021	2020
Revenue	2 926 000	2 094 000	937 000
Net Income	88 000	50 000	45 000
Total Assets	1 035 000	734 000	195 000
Total Equity	183 000	155 000	75 000

Income (NOK)	2022	2021	2020
Revenue	2 926 000	2 094 000	937 000
Expenditure	2 803 000	2 023 000	878 000
Operating Profit	123 000	71 000	59 000
Financial Income	2 000	0	0
Financial Costs	12 000	9 000	0
Financial Balance	−10 000	−9 000	0
Earnings Before Tax	113 000	63 000	59 000
Tax	25 000	12 000	14 000
Net Income	88 000	50 000	45 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	279 000	376 000	13 000
Total Current Assets	756 000	358 000	182 000
Total Assets	1 035 000	734 000	195 000
Total Retained Equity	123 000	95 000	45 000
Total Equity	183 000	155 000	75 000
Total Long-Term Debt	259 000	303 000	0
Total Current Debt	593 000	276 000	121 000
Total Equity and Debt	1 035 000	734 000	195 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 926 000	2 094 000	934 000
Other Income	0	0	3 000
Revenue	2 926 000	2 094 000	937 000
Cost of Goods Sold	1 118 000	914 000	289 000
Salary Costs	1 108 000	666 000	373 000
Depreciation	96 000	52 000	6 000
Impairment	0	0	0
Expenditure	2 803 000	2 023 000	878 000
Operating Profit	123 000	71 000	59 000
Financial Income	2 000	0	0
Financial Costs	12 000	9 000	0
Financial Balance	−10 000	−9 000	0
Dividends	60 000	0	0
Net Income	88 000	50 000	45 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	279 000	376 000	13 000
Total Tangible Assets	279 000	376 000	13 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	279 000	376 000	13 000
Stock	239 000	160 000	84 000
Total Investments	0	0	0
Cash, Bank	309 000	115 000	26 000
Total Current Assets	756 000	358 000	182 000
Total Assets	1 035 000	734 000	195 000
Total Equity	183 000	155 000	75 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	259 000	303 000	0
Creditors	208 000	91 000	18 000
Unpaid Taxes	73 000	69 000	35 000
Dividends	60 000	0	0
Other Current Debt	224 000	114 000	54 000
Total Current Debt	593 000	276 000	121 000
Total Equity and Debt	1 035 000	734 000	195 000

Financial indicators	2022	2021	2020
Return on Equity	48,09 %	32,26 %	60 %
Debt-to-Equity Ratio	1,42	1,95	0
Operating Profit Margin	4,2 %	3,39 %	6,3 %
Current Ratio	1,27	1,3	1,5
Quick Ratio	2,14	3,09	4,92
Equity Ratio	0,18	0,21	0,38
Gross Profit Margin	61,79 %	56,35 %	69,16 %