MK IT AS

6875 HØYHEIMSVIK

Finances

Share Ownership

Return on Equity

−138,24 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	652 000	582 000	679 000	735 000
Net Income	−47 000	−3 000	85 000	−28 000
Total Assets	207 000	260 000	219 000	228 000
Total Equity	34 000	117 000	85 000	−1 000

Income (NOK)	2022	2021	2020	2019
Revenue	652 000	582 000	679 000	735 000
Expenditure	711 000	587 000	571 000	771 000
Operating Profit	−60 000	−4 000	108 000	−36 000
Financial Income	0	2 000	2 000	2 000
Financial Costs	0	0	0	3 000
Financial Balance	0	2 000	2 000	−1 000
Earnings Before Tax	−60 000	−3 000	109 000	−37 000
Tax	−13 000	0	24 000	−8 000
Net Income	−47 000	−3 000	85 000	−28 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	58 000	11 000	50 000
Total Current Assets	182 000	202 000	208 000	177 000
Total Assets	207 000	260 000	219 000	228 000
Total Retained Equity	−31 000	52 000	20 000	−66 000
Total Equity	34 000	117 000	85 000	−1 000
Total Long-Term Debt	0	0	0	21 000
Total Current Debt	173 000	143 000	135 000	207 000
Total Equity and Debt	207 000	260 000	219 000	228 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	652 000	582 000	679 000	735 000
Other Income	0	0	0	0
Revenue	652 000	582 000	679 000	735 000
Cost of Goods Sold	322 000	267 000	279 000	334 000
Salary Costs	315 000	249 000	227 000	317 000
Depreciation	0	0	15 000	42 000
Impairment	0	0	0	0
Expenditure	711 000	587 000	571 000	771 000
Operating Profit	−60 000	−4 000	108 000	−36 000
Financial Income	0	2 000	2 000	2 000
Financial Costs	0	0	0	3 000
Financial Balance	0	2 000	2 000	−1 000
Dividends	0	0	0	0
Net Income	−47 000	−3 000	85 000	−28 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	35 000	11 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	24 000	0	15 000
Total Tangible Assets	0	24 000	0	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 000	58 000	11 000	50 000
Stock	11 000	16 000	14 000	16 000
Total Investments	0	0	0	0
Cash, Bank	77 000	119 000	134 000	32 000
Total Current Assets	182 000	202 000	208 000	177 000
Total Assets	207 000	260 000	219 000	228 000
Total Equity	34 000	117 000	85 000	−1 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	21 000
Creditors	49 000	27 000	10 000	57 000
Unpaid Taxes	40 000	43 000	38 000	30 000
Dividends	0	0	0	0
Other Current Debt	85 000	72 000	84 000	120 000
Total Current Debt	173 000	143 000	135 000	207 000
Total Equity and Debt	207 000	260 000	219 000	228 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−138,24 %	−2,56 %	100 %	2 800 %
Debt-to-Equity Ratio	0	0	0	−21
Operating Profit Margin	−9,2 %	−0,69 %	15,91 %	−4,9 %
Current Ratio	1,05	1,41	1,54	0,86
Quick Ratio	1,12	1,59	1,72	0,93
Equity Ratio	0,16	0,45	0,39	−0
Gross Profit Margin	50,61 %	54,12 %	58,91 %	54,56 %