M.B SHOES AS

0270 OSLO

Finances

Share Ownership

Return on Equity

7,35 %

Current Ratio

0,52

Debt-to-Equity Ratio

−1,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 510 000	2 467 000	3 692 000	4 880 000
Net Income	−25 000	−219 000	−157 000	52 000
Total Assets	5 245 000	4 165 000	4 320 000	896 000
Total Equity	−340 000	−315 000	−96 000	−232 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 510 000	2 467 000	3 692 000	4 880 000
Expenditure	1 522 000	2 387 000	3 802 000	4 834 000
Operating Profit	−12 000	−173 000	−110 000	125 000
Financial Income	0	0	0	22 000
Financial Costs	3 000	0	53 000	21 000
Financial Balance	−3 000	0	−53 000	1 000
Earnings Before Tax	−15 000	−174 000	−163 000	125 000
Tax	10 000	46 000	−6 000	73 000
Net Income	−25 000	−219 000	−157 000	52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 625 000	2 291 000	2 603 000	50 000
Total Current Assets	2 620 000	1 874 000	1 717 000	846 000
Total Assets	5 245 000	4 165 000	4 320 000	896 000
Total Retained Equity	−440 000	−415 000	−196 000	−332 000
Total Equity	−340 000	−315 000	−96 000	−232 000
Total Long-Term Debt	499 000	499 000	493 000	562 000
Total Current Debt	5 086 000	3 982 000	3 924 000	566 000
Total Equity and Debt	5 245 000	4 165 000	4 320 000	896 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 510 000	2 467 000	3 692 000	4 880 000
Other Income	0	0	0	0
Revenue	1 510 000	2 467 000	3 692 000	4 880 000
Cost of Goods Sold	670 000	871 000	2 603 000	4 124 000
Salary Costs	2 000	3 000	4 000	3 000
Depreciation	406 000	510 000	0	0
Impairment	0	0	0	0
Expenditure	1 522 000	2 387 000	3 802 000	4 834 000
Operating Profit	−12 000	−173 000	−110 000	125 000
Financial Income	0	0	0	22 000
Financial Costs	3 000	0	53 000	21 000
Financial Balance	−3 000	0	−53 000	1 000
Dividends	0	0	0	0
Net Income	−25 000	−219 000	−157 000	52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 658 000	2 026 000	2 553 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	40 000	40 000	50 000	50 000
Total Tangible Assets	40 000	40 000	50 000	50 000
Total Fiancial Fixed Assets	927 000	225 000	0	0
Total Fixed Assets	2 625 000	2 291 000	2 603 000	50 000
Stock	734 000	734 000	988 000	286 000
Total Investments	0	0	0	0
Cash, Bank	53 000	−188 000	81 000	390 000
Total Current Assets	2 620 000	1 874 000	1 717 000	846 000
Total Assets	5 245 000	4 165 000	4 320 000	896 000
Total Equity	−340 000	−315 000	−96 000	−232 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	499 000	499 000	493 000	562 000
Creditors	−78 000	−90 000	987 000	279 000
Unpaid Taxes	1 327 000	1 328 000	911 000	274 000
Dividends	0	0	0	0
Other Current Debt	3 836 000	2 743 000	2 026 000	51 000
Total Current Debt	5 086 000	3 982 000	3 924 000	566 000
Total Equity and Debt	5 245 000	4 165 000	4 320 000	896 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,35 %	69,52 %	163,54 %	−22,41 %
Debt-to-Equity Ratio	−1,47	−1,58	−5,14	−2,42
Operating Profit Margin	−0,79 %	−7,01 %	−2,98 %	2,56 %
Current Ratio	0,52	0,47	0,44	1,49
Quick Ratio	0,6	0,58	0,58	3,02
Equity Ratio	−0,06	−0,08	−0,02	−0,26
Gross Profit Margin	55,63 %	64,69 %	29,5 %	15,49 %