MASTER MINDS OF TRAINING AS

3772 KRAGERØ

Finances

Share Ownership

Return on Equity

−40,98 %

Current Ratio

1,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 804 000	4 728 000	4 244 000	5 018 000
Net Income	−184 000	67 000	−411 000	−8 000
Total Assets	1 292 000	1 509 000	1 380 000	1 381 000
Total Equity	449 000	633 000	566 000	977 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 804 000	4 728 000	4 244 000	5 018 000
Expenditure	4 986 000	4 729 000	4 659 000	5 008 000
Operating Profit	−182 000	−1 000	−414 000	11 000
Financial Income	0	0	4 000	3 000
Financial Costs	1 000	1 000	1 000	2 000
Financial Balance	−1 000	−1 000	3 000	1 000
Earnings Before Tax	−184 000	−2 000	−411 000	12 000
Tax	0	−69 000	0	20 000
Net Income	−184 000	67 000	−411 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	231 000	236 000	345 000	324 000
Total Current Assets	1 061 000	1 274 000	1 035 000	1 057 000
Total Assets	1 292 000	1 509 000	1 380 000	1 381 000
Total Retained Equity	−541 000	−357 000	−424 000	−13 000
Total Equity	449 000	633 000	566 000	977 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	843 000	877 000	814 000	404 000
Total Equity and Debt	1 292 000	1 509 000	1 380 000	1 381 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 793 000	4 397 000	3 842 000	4 900 000
Other Income	11 000	331 000	403 000	118 000
Revenue	4 804 000	4 728 000	4 244 000	5 018 000
Cost of Goods Sold	184 000	260 000	278 000	424 000
Salary Costs	1 838 000	1 550 000	1 624 000	2 015 000
Depreciation	88 000	179 000	194 000	204 000
Impairment	0	0	0	0
Expenditure	4 986 000	4 729 000	4 659 000	5 008 000
Operating Profit	−182 000	−1 000	−414 000	11 000
Financial Income	0	0	4 000	3 000
Financial Costs	1 000	1 000	1 000	2 000
Financial Balance	−1 000	−1 000	3 000	1 000
Dividends	0	0	0	0
Net Income	−184 000	67 000	−411 000	−8 000

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	25 000	0	0	0
Fixtures	205 000	236 000	345 000	324 000
Total Tangible Assets	231 000	236 000	345 000	324 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	231 000	236 000	345 000	324 000
Stock	28 000	28 000	18 000	15 000
Total Investments	0	0	0	0
Cash, Bank	873 000	1 011 000	965 000	895 000
Total Current Assets	1 061 000	1 274 000	1 035 000	1 057 000
Total Assets	1 292 000	1 509 000	1 380 000	1 381 000
Total Equity	449 000	633 000	566 000	977 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	216 000	171 000	53 000	87 000
Unpaid Taxes	121 000	127 000	121 000	131 000
Dividends	0	0	0	0
Other Current Debt	506 000	578 000	640 000	166 000
Total Current Debt	843 000	877 000	814 000	404 000
Total Equity and Debt	1 292 000	1 509 000	1 380 000	1 381 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,98 %	10,58 %	−72,61 %	−0,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,79 %	−0,02 %	−9,75 %	0,22 %
Current Ratio	1,26	1,45	1,27	2,62
Quick Ratio	1,3	1,5	1,3	2,72
Equity Ratio	0,35	0,42	0,41	0,71
Gross Profit Margin	96,17 %	94,5 %	93,45 %	91,55 %