MS RADAR AS

5549 RØVÆR

Finances

Share Ownership

Return on Equity

−4,9 %

Current Ratio

15,31

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 055 000	1 146 000	9 799 000	10 068 000
Net Income	−422 000	−135 000	6 330 000	5 373 000
Total Assets	11 165 000	12 163 000	15 992 000	8 937 000
Total Equity	8 604 000	9 026 000	12 161 000	5 744 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 055 000	1 146 000	9 799 000	10 068 000
Expenditure	1 658 000	1 154 000	1 224 000	3 128 000
Operating Profit	−603 000	−9 000	8 574 000	6 940 000
Financial Income	63 000	11 000	3 000	3 000
Financial Costs	1 000	0	453 000	54 000
Financial Balance	62 000	11 000	−450 000	−51 000
Earnings Before Tax	−541 000	2 000	8 125 000	6 889 000
Tax	−119 000	137 000	1 794 000	1 516 000
Net Income	−422 000	−135 000	6 330 000	5 373 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 164 000	1 807 000	1 851 000	2 652 000
Total Current Assets	10 000 000	10 356 000	14 142 000	6 285 000
Total Assets	11 165 000	12 163 000	15 992 000	8 937 000
Total Retained Equity	5 435 000	5 857 000	8 992 000	2 175 000
Total Equity	8 604 000	9 026 000	12 161 000	5 744 000
Total Long-Term Debt	1 907 000	2 358 000	2 919 000	1 732 000
Total Current Debt	653 000	779 000	912 000	1 461 000
Total Equity and Debt	11 165 000	12 163 000	15 992 000	8 937 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 055 000	1 140 000	936 000	3 537 000
Other Income	0	6 000	8 863 000	6 531 000
Revenue	1 055 000	1 146 000	9 799 000	10 068 000
Cost of Goods Sold	0	0	0	116 000
Salary Costs	596 000	681 000	540 000	1 736 000
Depreciation	43 000	44 000	42 000	254 000
Impairment	600 000	0	0	0
Expenditure	1 658 000	1 154 000	1 224 000	3 128 000
Operating Profit	−603 000	−9 000	8 574 000	6 940 000
Financial Income	63 000	11 000	3 000	3 000
Financial Costs	1 000	0	453 000	54 000
Financial Balance	62 000	11 000	−450 000	−51 000
Dividends	0	3 000 000	0	0
Net Income	−422 000	−135 000	6 330 000	5 373 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	318 000	21 000	26 000	30 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	900 000	900 000	1 691 000
Total Tangible Assets	1 164 000	1 807 000	1 851 000	2 652 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 164 000	1 807 000	1 851 000	2 652 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 744 000	10 105 000	13 969 000	6 007 000
Total Current Assets	10 000 000	10 356 000	14 142 000	6 285 000
Total Assets	11 165 000	12 163 000	15 992 000	8 937 000
Total Equity	8 604 000	9 026 000	12 161 000	5 744 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 907 000	2 358 000	2 919 000	1 732 000
Creditors	19 000	62 000	12 000	135 000
Unpaid Taxes	281 000	60 000	135 000	945 000
Dividends	0	3 000 000	0	0
Other Current Debt	21 000	96 000	132 000	380 000
Total Current Debt	653 000	779 000	912 000	1 461 000
Total Equity and Debt	11 165 000	12 163 000	15 992 000	8 937 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,9 %	−1,5 %	52,05 %	93,54 %
Debt-to-Equity Ratio	0,22	0,26	0,24	0,3
Operating Profit Margin	−57,16 %	−0,79 %	87,5 %	68,93 %
Current Ratio	15,31	13,29	15,51	4,3
Quick Ratio	15,31	13,29	15,51	4,3
Equity Ratio	0,77	0,74	0,76	0,64
Gross Profit Margin	100 %	100 %	100 %	98,85 %