MOUNTAINBAY SOLUTION AS

3280 TJODALYNG

Finances

Share Ownership

Return on Equity

−2 425 %

Current Ratio

0,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	471 000	756 000	611 000	680 000
Net Income	−194 000	8 000	46 000	124 000
Total Assets	118 000	372 000	372 000	281 000
Total Equity	8 000	202 000	194 000	148 000

Income (NOK)	2022	2021	2020	2019
Revenue	471 000	756 000	611 000	680 000
Expenditure	665 000	746 000	558 000	555 000
Operating Profit	−194 000	11 000	53 000	124 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−194 000	11 000	53 000	124 000
Tax	−1 000	2 000	7 000	0
Net Income	−194 000	8 000	46 000	124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	30 000	41 000	51 000
Total Current Assets	98 000	342 000	331 000	230 000
Total Assets	118 000	372 000	372 000	281 000
Total Retained Equity	−13 000	181 000	173 000	127 000
Total Equity	8 000	202 000	194 000	148 000
Total Long-Term Debt	0	1 000	2 000	0
Total Current Debt	110 000	169 000	177 000	134 000
Total Equity and Debt	118 000	372 000	372 000	281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	471 000	756 000	611 000	680 000
Other Income	0	0	0	0
Revenue	471 000	756 000	611 000	680 000
Cost of Goods Sold	0	1 000	0	3 000
Salary Costs	605 000	659 000	482 000	487 000
Depreciation	10 000	10 000	10 000	1 000
Impairment	0	0	0	0
Expenditure	665 000	746 000	558 000	555 000
Operating Profit	−194 000	11 000	53 000	124 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−194 000	8 000	46 000	124 000

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	0	0	0	0
Fixtures	20 000	30 000	41 000	51 000
Total Tangible Assets	20 000	30 000	41 000	51 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	30 000	41 000	51 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	70 000	74 000	180 000	124 000
Total Current Assets	98 000	342 000	331 000	230 000
Total Assets	118 000	372 000	372 000	281 000
Total Equity	8 000	202 000	194 000	148 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	2 000	0
Creditors	0	0	4 000	0
Unpaid Taxes	52 000	101 000	121 000	95 000
Dividends	0	0	0	0
Other Current Debt	57 000	65 000	46 000	39 000
Total Current Debt	110 000	169 000	177 000	134 000
Total Equity and Debt	118 000	372 000	372 000	281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2 425 %	3,96 %	23,71 %	83,78 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	−41,19 %	1,46 %	8,67 %	18,24 %
Current Ratio	0,89	2,02	1,87	1,72
Quick Ratio	0,89	2,02	1,87	1,72
Equity Ratio	0,07	0,54	0,52	0,53
Gross Profit Margin	100 %	99,87 %	100 %	99,56 %