C. MAJBÄCK AS

8517 NARVIK

Finances

Share Ownership

Return on Equity

−173,45 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	663 000	712 000	2 005 000	2 558 000
Net Income	−196 000	−222 000	118 000	−190 000
Total Assets	989 000	935 000	1 697 000	1 319 000
Total Equity	113 000	309 000	531 000	413 000

Income (NOK)	2021	2020	2019	2018
Revenue	663 000	712 000	2 005 000	2 558 000
Expenditure	848 000	932 000	1 840 000	2 176 000
Operating Profit	−185 000	−221 000	164 000	−84 000
Financial Income	0	0	0	−38 000
Financial Costs	12 000	1 000	46 000	68 000
Financial Balance	−12 000	−1 000	−46 000	−106 000
Earnings Before Tax	−196 000	−222 000	118 000	−190 000
Tax	0	0	0	0
Net Income	−196 000	−222 000	118 000	−190 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	10 000	10 000	10 000	10 000
Total Current Assets	979 000	925 000	1 687 000	1 309 000
Total Assets	989 000	935 000	1 697 000	1 319 000
Total Retained Equity	−980 000	−783 000	−562 000	−680 000
Total Equity	113 000	309 000	531 000	413 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	876 000	626 000	1 166 000	907 000
Total Equity and Debt	989 000	935 000	1 697 000	1 319 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	663 000	712 000	2 005 000	2 558 000
Other Income	0	0	0	0
Revenue	663 000	712 000	2 005 000	2 558 000
Cost of Goods Sold	227 000	357 000	766 000	764 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	848 000	932 000	1 840 000	2 176 000
Operating Profit	−185 000	−221 000	164 000	−84 000
Financial Income	0	0	0	−38 000
Financial Costs	12 000	1 000	46 000	68 000
Financial Balance	−12 000	−1 000	−46 000	−106 000
Dividends	0	0	0	0
Net Income	−196 000	−222 000	118 000	−190 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	10 000	10 000	10 000	10 000
Total Fixed Assets	10 000	10 000	10 000	10 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	294 000	1 000	137 000	43 000
Total Current Assets	979 000	925 000	1 687 000	1 309 000
Total Assets	989 000	935 000	1 697 000	1 319 000
Total Equity	113 000	309 000	531 000	413 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	48 000	23 000	21 000	128 000
Unpaid Taxes	160 000	141 000	351 000	196 000
Dividends	0	0	0	0
Other Current Debt	667 000	462 000	794 000	583 000
Total Current Debt	876 000	626 000	1 166 000	907 000
Total Equity and Debt	989 000	935 000	1 697 000	1 319 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−173,45 %	−71,84 %	22,22 %	−46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−27,9 %	−31,04 %	8,18 %	−3,28 %
Current Ratio	1,12	1,48	1,45	1,44
Quick Ratio	1,12	1,48	1,45	1,44
Equity Ratio	0,11	0,33	0,31	0,31
Gross Profit Margin	65,76 %	49,86 %	61,8 %	70,13 %