MADS NORDSVEEN AS

0382 OSLO

Finances

Share Ownership

Return on Equity

49,26 %

Current Ratio

0,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 121 000	811 000	133 000
Net Income	133 000	9 000	104 000
Total Assets	623 000	254 000	196 000
Total Equity	270 000	138 000	134 000

Income (NOK)	2022	2021	2020
Revenue	1 121 000	811 000	133 000
Expenditure	950 000	800 000	0
Operating Profit	171 000	11 000	133 000
Financial Income	0	0	0
Financial Costs	3 000	1 000	0
Financial Balance	−3 000	−1 000	0
Earnings Before Tax	168 000	11 000	133 000
Tax	35 000	1 000	29 000
Net Income	133 000	9 000	104 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	499 000	70 000	0
Total Current Assets	124 000	184 000	196 000
Total Assets	623 000	254 000	196 000
Total Retained Equity	246 000	113 000	104 000
Total Equity	270 000	138 000	134 000
Total Long-Term Debt	1 000	1 000	0
Total Current Debt	352 000	116 000	63 000
Total Equity and Debt	623 000	254 000	196 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 121 000	811 000	133 000
Other Income	0	0	0
Revenue	1 121 000	811 000	133 000
Cost of Goods Sold	1 000	9 000	0
Salary Costs	467 000	608 000	0
Depreciation	125 000	0	0
Impairment	0	0	0
Expenditure	950 000	800 000	0
Operating Profit	171 000	11 000	133 000
Financial Income	0	0	0
Financial Costs	3 000	1 000	0
Financial Balance	−3 000	−1 000	0
Dividends	0	0	0
Net Income	133 000	9 000	104 000

Balance details (NOK)	2022	2021	2020
Goodwill	467 000	70 000	0
Total Intangible Assets	467 000	70 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	32 000	0	0
Total Tangible Assets	32 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	499 000	70 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	111 000	68 000	30 000
Total Current Assets	124 000	184 000	196 000
Total Assets	623 000	254 000	196 000
Total Equity	270 000	138 000	134 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	1 000	0
Creditors	80 000	12 000	0
Unpaid Taxes	77 000	134 000	33 000
Dividends	0	0	0
Other Current Debt	160 000	−30 000	0
Total Current Debt	352 000	116 000	63 000
Total Equity and Debt	623 000	254 000	196 000

Financial indicators	2022	2021	2020
Return on Equity	49,26 %	6,52 %	77,61 %
Debt-to-Equity Ratio	0	0,01	0
Operating Profit Margin	15,25 %	1,36 %	100 %
Current Ratio	0,35	1,59	3,11
Quick Ratio	0,35	1,59	3,11
Equity Ratio	0,43	0,54	0,68
Gross Profit Margin	99,91 %	98,89 %	100 %