MULTIFIBER AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

−19,42 %

Current Ratio

1,47

Debt-to-Equity Ratio

1,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 472 000	5 882 000	4 540 000	2 497 000
Net Income	−81 000	160 000	178 000	131 000
Total Assets	2 324 000	2 786 000	2 519 000	1 197 000
Total Equity	417 000	698 000	538 000	360 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 472 000	5 882 000	4 540 000	2 497 000
Expenditure	5 530 000	5 647 000	4 332 000	2 349 000
Operating Profit	−58 000	235 000	208 000	149 000
Financial Income	0	0	0	0
Financial Costs	46 000	34 000	30 000	18 000
Financial Balance	−46 000	−34 000	−30 000	−18 000
Earnings Before Tax	−104 000	201 000	178 000	131 000
Tax	−23 000	41 000	0	0
Net Income	−81 000	160 000	178 000	131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	630 000	880 000	1 467 000	411 000
Total Current Assets	1 694 000	1 907 000	1 052 000	786 000
Total Assets	2 324 000	2 786 000	2 519 000	1 197 000
Total Retained Equity	387 000	668 000	508 000	330 000
Total Equity	417 000	698 000	538 000	360 000
Total Long-Term Debt	755 000	882 000	1 242 000	341 000
Total Current Debt	1 152 000	1 206 000	739 000	496 000
Total Equity and Debt	2 324 000	2 786 000	2 519 000	1 197 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 472 000	5 778 000	4 540 000	2 497 000
Other Income	0	103 000	0	0
Revenue	5 472 000	5 882 000	4 540 000	2 497 000
Cost of Goods Sold	494 000	771 000	412 000	303 000
Salary Costs	3 990 000	3 915 000	2 965 000	1 558 000
Depreciation	250 000	262 000	178 000	74 000
Impairment	0	0	0	0
Expenditure	5 530 000	5 647 000	4 332 000	2 349 000
Operating Profit	−58 000	235 000	208 000	149 000
Financial Income	0	0	0	0
Financial Costs	46 000	34 000	30 000	18 000
Financial Balance	−46 000	−34 000	−30 000	−18 000
Dividends	200 000	0	0	0
Net Income	−81 000	160 000	178 000	131 000

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	630 000	880 000	1 467 000	411 000
Total Tangible Assets	630 000	880 000	1 467 000	411 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	630 000	880 000	1 467 000	411 000
Stock	10 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	884 000	907 000	642 000	455 000
Total Current Assets	1 694 000	1 907 000	1 052 000	786 000
Total Assets	2 324 000	2 786 000	2 519 000	1 197 000
Total Equity	417 000	698 000	538 000	360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	755 000	882 000	1 242 000	341 000
Creditors	102 000	114 000	50 000	49 000
Unpaid Taxes	693 000	732 000	418 000	307 000
Dividends	200 000	0	0	0
Other Current Debt	356 000	361 000	271 000	140 000
Total Current Debt	1 152 000	1 206 000	739 000	496 000
Total Equity and Debt	2 324 000	2 786 000	2 519 000	1 197 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,42 %	22,92 %	33,09 %	36,39 %
Debt-to-Equity Ratio	1,81	1,26	2,31	0,95
Operating Profit Margin	−1,06 %	4 %	4,58 %	5,97 %
Current Ratio	1,47	1,58	1,42	1,58
Quick Ratio	1,48	1,58	1,42	1,58
Equity Ratio	0,18	0,25	0,21	0,3
Gross Profit Margin	90,97 %	86,89 %	90,93 %	87,87 %