MUNCH DESIGN AS

1365 BLOMMENHOLM

Finances

Share Ownership

Return on Equity

41,06 %

Current Ratio

2,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 276 000	2 170 000	1 626 000	1 455 000
Net Income	225 000	138 000	133 000	64 000
Total Assets	925 000	771 000	503 000	356 000
Total Equity	548 000	322 000	184 000	52 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 276 000	2 170 000	1 626 000	1 455 000
Expenditure	1 987 000	1 993 000	1 456 000	1 372 000
Operating Profit	288 000	178 000	170 000	84 000
Financial Income	2 000	0	0	0
Financial Costs	0	1 000	0	1 000
Financial Balance	2 000	−1 000	0	−1 000
Earnings Before Tax	290 000	177 000	170 000	83 000
Tax	64 000	39 000	37 000	18 000
Net Income	225 000	138 000	133 000	64 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	53 000	0	0
Total Current Assets	890 000	718 000	503 000	356 000
Total Assets	925 000	771 000	503 000	356 000
Total Retained Equity	518 000	292 000	154 000	22 000
Total Equity	548 000	322 000	184 000	52 000
Total Long-Term Debt	2 000	3 000	0	0
Total Current Debt	375 000	445 000	319 000	304 000
Total Equity and Debt	925 000	771 000	503 000	356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 276 000	2 170 000	1 626 000	1 455 000
Other Income	0	0	0	0
Revenue	2 276 000	2 170 000	1 626 000	1 455 000
Cost of Goods Sold	564 000	485 000	320 000	368 000
Salary Costs	1 161 000	1 210 000	953 000	812 000
Depreciation	18 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	1 987 000	1 993 000	1 456 000	1 372 000
Operating Profit	288 000	178 000	170 000	84 000
Financial Income	2 000	0	0	0
Financial Costs	0	1 000	0	1 000
Financial Balance	2 000	−1 000	0	−1 000
Dividends	0	0	0	0
Net Income	225 000	138 000	133 000	64 000

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	35 000	53 000	0	0
Total Tangible Assets	35 000	53 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	35 000	53 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	615 000	448 000	270 000	121 000
Total Current Assets	890 000	718 000	503 000	356 000
Total Assets	925 000	771 000	503 000	356 000
Total Equity	548 000	322 000	184 000	52 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	3 000	0	0
Creditors	73 000	131 000	39 000	62 000
Unpaid Taxes	132 000	175 000	158 000	159 000
Dividends	0	0	0	0
Other Current Debt	105 000	104 000	84 000	78 000
Total Current Debt	375 000	445 000	319 000	304 000
Total Equity and Debt	925 000	771 000	503 000	356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,06 %	42,86 %	72,28 %	123,08 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	12,65 %	8,2 %	10,46 %	5,77 %
Current Ratio	2,37	1,61	1,58	1,17
Quick Ratio	2,37	1,61	1,58	1,17
Equity Ratio	0,59	0,42	0,37	0,15
Gross Profit Margin	75,22 %	77,65 %	80,32 %	74,71 %