MAY GUNDERSEN AS

6012 ÅLESUND

Finances

Share Ownership

Return on Equity

6,06 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	742 000	652 000	733 000	657 000
Net Income	2 000	−21 000	1 000	−14 000
Total Assets	377 000	292 000	334 000	305 000
Total Equity	33 000	31 000	52 000	51 000

Income (NOK)	2022	2021	2020	2019
Revenue	742 000	652 000	733 000	657 000
Expenditure	740 000	681 000	732 000	676 000
Operating Profit	2 000	−27 000	2 000	−17 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	2 000	−27 000	2 000	−17 000
Tax	0	−6 000	0	−4 000
Net Income	2 000	−21 000	1 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	26 000	25 000	33 000
Total Current Assets	360 000	267 000	310 000	272 000
Total Assets	377 000	292 000	334 000	305 000
Total Retained Equity	3 000	1 000	22 000	21 000
Total Equity	33 000	31 000	52 000	51 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	344 000	261 000	281 000	254 000
Total Equity and Debt	377 000	292 000	334 000	305 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	742 000	652 000	733 000	657 000
Other Income	0	0	0	0
Revenue	742 000	652 000	733 000	657 000
Cost of Goods Sold	25 000	42 000	71 000	32 000
Salary Costs	625 000	560 000	553 000	564 000
Depreciation	9 000	5 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	740 000	681 000	732 000	676 000
Operating Profit	2 000	−27 000	2 000	−17 000
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	2 000	−21 000	1 000	−14 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	17 000	11 000	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	9 000	14 000	22 000
Fixtures	0	0	0	0
Total Tangible Assets	0	9 000	14 000	22 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	26 000	25 000	33 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	283 000	168 000	228 000	161 000
Total Current Assets	360 000	267 000	310 000	272 000
Total Assets	377 000	292 000	334 000	305 000
Total Equity	33 000	31 000	52 000	51 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 000	2 000	17 000	0
Unpaid Taxes	213 000	175 000	180 000	180 000
Dividends	0	0	0	0
Other Current Debt	118 000	84 000	84 000	74 000
Total Current Debt	344 000	261 000	281 000	254 000
Total Equity and Debt	377 000	292 000	334 000	305 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,06 %	−67,74 %	1,92 %	−27,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,27 %	−4,14 %	0,27 %	−2,59 %
Current Ratio	1,05	1,02	1,1	1,07
Quick Ratio	1,05	1,02	1,1	1,07
Equity Ratio	0,09	0,11	0,16	0,17
Gross Profit Margin	96,63 %	93,56 %	90,31 %	95,13 %