M & M KRISTIANSEN AS

3140 NØTTERØY

Finances

Share Ownership

Return on Equity

28,59 %

Current Ratio

2,02

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 160 000	3 407 000	2 768 000	1 954 000
Net Income	273 000	506 000	173 000	−103 000
Total Assets	1 932 000	1 687 000	821 000	640 000
Total Equity	955 000	782 000	276 000	104 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 160 000	3 407 000	2 768 000	1 954 000
Expenditure	2 668 000	1 966 000	1 921 000	2 083 000
Operating Profit	354 000	677 000	229 000	−130 000
Financial Income	0	0	0	0
Financial Costs	20 000	31 000	4 000	2 000
Financial Balance	−20 000	−31 000	−4 000	−2 000
Earnings Before Tax	334 000	645 000	225 000	−132 000
Tax	61 000	140 000	53 000	−29 000
Net Income	273 000	506 000	173 000	−103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	495 000	378 000	6 000	51 000
Total Current Assets	1 437 000	1 309 000	815 000	589 000
Total Assets	1 932 000	1 687 000	821 000	640 000
Total Retained Equity	855 000	682 000	176 000	4 000
Total Equity	955 000	782 000	276 000	104 000
Total Long-Term Debt	266 000	350 000	0	0
Total Current Debt	712 000	555 000	545 000	536 000
Total Equity and Debt	1 932 000	1 687 000	821 000	640 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 160 000	3 402 000	2 768 000	1 889 000
Other Income	0	5 000	0	65 000
Revenue	4 160 000	3 407 000	2 768 000	1 954 000
Cost of Goods Sold	202 000	32 000	2 000	441 000
Salary Costs	2 057 000	1 557 000	1 693 000	1 406 000
Depreciation	109 000	97 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	2 668 000	1 966 000	1 921 000	2 083 000
Operating Profit	354 000	677 000	229 000	−130 000
Financial Income	0	0	0	0
Financial Costs	20 000	31 000	4 000	2 000
Financial Balance	−20 000	−31 000	−4 000	−2 000
Dividends	0	0	0	0
Net Income	273 000	506 000	173 000	−103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	1 000	3 000	40 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	487 000	377 000	3 000	11 000
Total Tangible Assets	487 000	377 000	3 000	11 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	495 000	378 000	6 000	51 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 135 000	1 248 000	397 000	391 000
Total Current Assets	1 437 000	1 309 000	815 000	589 000
Total Assets	1 932 000	1 687 000	821 000	640 000
Total Equity	955 000	782 000	276 000	104 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	266 000	350 000	0	0
Creditors	27 000	31 000	102 000	162 000
Unpaid Taxes	400 000	216 000	285 000	237 000
Dividends	0	0	0	0
Other Current Debt	215 000	171 000	142 000	136 000
Total Current Debt	712 000	555 000	545 000	536 000
Total Equity and Debt	1 932 000	1 687 000	821 000	640 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,59 %	64,71 %	62,68 %	−99,04 %
Debt-to-Equity Ratio	0,28	0,45	0	0
Operating Profit Margin	8,51 %	19,87 %	8,27 %	−6,65 %
Current Ratio	2,02	2,36	1,5	1,1
Quick Ratio	2,02	2,36	1,5	1,1
Equity Ratio	0,49	0,46	0,34	0,16
Gross Profit Margin	95,14 %	99,06 %	99,93 %	77,43 %