M2 TOMTEUTVIKLING AS

4031 STAVANGER

Finances

Return on Equity

14,2 %

Current Ratio

1,32

Debt-to-Equity Ratio

4,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	90 171 000	106 305 000	74 504 000	58 141 000
Net Income	157 000	−3 474 000	3 533 000	1 395 000
Total Assets	24 480 000	25 967 000	24 326 000	13 714 000
Total Equity	1 106 000	949 000	4 423 000	2 090 000

Income (NOK)	2022	2021	2020	2019
Revenue	90 171 000	106 305 000	74 504 000	58 141 000
Expenditure	96 216 000	110 356 000	69 217 000	55 946 000
Operating Profit	813 000	−4 052 000	5 287 000	2 194 000
Financial Income	5 000	15 000	5 000	3 000
Financial Costs	617 000	416 000	762 000	408 000
Financial Balance	−612 000	−401 000	−757 000	−405 000
Earnings Before Tax	201 000	−4 453 000	4 530 000	1 788 000
Tax	44 000	−980 000	997 000	393 000
Net Income	157 000	−3 474 000	3 533 000	1 395 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	766 000	436 000	969 000	1 116 000
Total Current Assets	23 714 000	25 531 000	23 357 000	12 598 000
Total Assets	24 480 000	25 967 000	24 326 000	13 714 000
Total Retained Equity	506 000	349 000	3 823 000	1 490 000
Total Equity	1 106 000	949 000	4 423 000	2 090 000
Total Long-Term Debt	5 413 000	5 756 000	4 827 000	1 237 000
Total Current Debt	17 961 000	19 263 000	15 076 000	10 387 000
Total Equity and Debt	24 480 000	25 967 000	24 326 000	13 714 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	90 134 000	106 305 000	74 416 000	58 141 000
Other Income	37 000	0	89 000	0
Revenue	90 171 000	106 305 000	74 504 000	58 141 000
Cost of Goods Sold	90 676 000	99 711 000	62 863 000	50 570 000
Salary Costs	2 780 000	5 506 000	4 097 000	3 519 000
Depreciation	97 000	163 000	127 000	213 000
Impairment	0	0	0	0
Expenditure	96 216 000	110 356 000	69 217 000	55 946 000
Operating Profit	813 000	−4 052 000	5 287 000	2 194 000
Financial Income	5 000	15 000	5 000	3 000
Financial Costs	617 000	416 000	762 000	408 000
Financial Balance	−612 000	−401 000	−757 000	−405 000
Dividends	0	0	1 200 000	0
Net Income	157 000	−3 474 000	3 533 000	1 395 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	544 000	55 000	326 000	31 000
Fixtures	171 000	270 000	542 000	1 056 000
Total Tangible Assets	714 000	325 000	868 000	1 086 000
Total Fiancial Fixed Assets	52 000	111 000	100 000	30 000
Total Fixed Assets	766 000	436 000	969 000	1 116 000
Stock	10 130 000	3 272 000	4 101 000	1 951 000
Total Investments	0	0	0	0
Cash, Bank	4 443 000	1 048 000	5 645 000	636 000
Total Current Assets	23 714 000	25 531 000	23 357 000	12 598 000
Total Assets	24 480 000	25 967 000	24 326 000	13 714 000
Total Equity	1 106 000	949 000	4 423 000	2 090 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 413 000	5 756 000	4 827 000	1 237 000
Creditors	10 379 000	7 756 000	4 647 000	3 489 000
Unpaid Taxes	1 112 000	3 317 000	2 399 000	1 236 000
Dividends	0	0	1 200 000	0
Other Current Debt	6 470 000	8 190 000	6 830 000	3 711 000
Total Current Debt	17 961 000	19 263 000	15 076 000	10 387 000
Total Equity and Debt	24 480 000	25 967 000	24 326 000	13 714 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,2 %	−366,07 %	79,88 %	66,75 %
Debt-to-Equity Ratio	4,89	6,07	1,09	0,59
Operating Profit Margin	0,9 %	−3,81 %	7,1 %	3,77 %
Current Ratio	1,32	1,33	1,55	1,21
Quick Ratio	3,03	1,6	2,13	1,49
Equity Ratio	0,05	0,04	0,18	0,15
Gross Profit Margin	−0,56 %	6,2 %	15,62 %	13,02 %