MASSERUD UTVIKLING AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

−12,91 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	40 000	0
Net Income	−245 000	−857 000	−469 000	−677 000
Total Assets	10 420 000	11 204 000	11 196 000	16 714 000
Total Equity	1 898 000	1 781 000	2 015 000	2 046 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	40 000	0
Expenditure	390 000	1 071 000	188 000	184 000
Operating Profit	−390 000	−1 071 000	−148 000	−184 000
Financial Income	133 000	112 000	7 000	28 000
Financial Costs	58 000	139 000	461 000	713 000
Financial Balance	75 000	−27 000	−454 000	−685 000
Earnings Before Tax	−315 000	−1 099 000	−601 000	−868 000
Tax	−69 000	−242 000	−132 000	−192 000
Net Income	−245 000	−857 000	−469 000	−677 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 000	88 000	22 000	13 000
Total Current Assets	10 365 000	11 116 000	11 174 000	16 700 000
Total Assets	10 420 000	11 204 000	11 196 000	16 714 000
Total Retained Equity	1 798 000	1 681 000	1 915 000	1 946 000
Total Equity	1 898 000	1 781 000	2 015 000	2 046 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 522 000	9 423 000	9 181 000	14 667 000
Total Equity and Debt	10 420 000	11 204 000	11 196 000	16 714 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	40 000	0
Other Income	0	0	0	0
Revenue	0	0	40 000	0
Cost of Goods Sold	0	0	40 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	390 000	1 071 000	188 000	184 000
Operating Profit	−390 000	−1 071 000	−148 000	−184 000
Financial Income	133 000	112 000	7 000	28 000
Financial Costs	58 000	139 000	461 000	713 000
Financial Balance	75 000	−27 000	−454 000	−685 000
Dividends	0	0	0	0
Net Income	−245 000	−857 000	−469 000	−677 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	55 000	88 000	22 000	13 000
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	0	0	0	0
Total Fixed Assets	55 000	88 000	22 000	13 000
Stock	160 000	160 000	160 000	200 000
Total Investments	0	0	0	0
Cash, Bank	0	1 521 000	3 639 000	5 172 000
Total Current Assets	10 365 000	11 116 000	11 174 000	16 700 000
Total Assets	10 420 000	11 204 000	11 196 000	16 714 000
Total Equity	1 898 000	1 781 000	2 015 000	2 046 000
Short-Term Group Debt	0	0	0	21 000
Total Long-Term Debt	0	0	0	0
Creditors	331 000	382 000	345 000	3 168 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 191 000	9 040 000	8 835 000	11 478 000
Total Current Debt	8 522 000	9 423 000	9 181 000	14 667 000
Total Equity and Debt	10 420 000	11 204 000	11 196 000	16 714 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,91 %	−48,12 %	−23,28 %	−33,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	−370 %	-
Current Ratio	1,22	1,18	1,22	1,14
Quick Ratio	1,24	1,2	1,24	1,15
Equity Ratio	0,18	0,16	0,18	0,12
Gross Profit Margin	-	-	0 %	-