MJG AS

4766 HEREFOSS

Finances

Return on Equity

44,44 %

Current Ratio

1,1

Debt-to-Equity Ratio

4,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 729 000	4 859 000	3 792 000	3 842 000
Net Income	240 000	−18 000	42 000	151 000
Total Assets	3 975 000	2 339 000	2 220 000	2 252 000
Total Equity	540 000	299 000	317 000	275 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 729 000	4 859 000	3 792 000	3 842 000
Expenditure	5 373 000	4 914 000	3 709 000	3 668 000
Operating Profit	356 000	−54 000	82 000	175 000
Financial Income	0	40 000	0	0
Financial Costs	48 000	20 000	28 000	14 000
Financial Balance	−48 000	20 000	−28 000	−14 000
Earnings Before Tax	308 000	−35 000	54 000	161 000
Tax	68 000	−16 000	12 000	10 000
Net Income	240 000	−18 000	42 000	151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 840 000	1 210 000	1 311 000	1 552 000
Total Current Assets	1 135 000	1 129 000	909 000	700 000
Total Assets	3 975 000	2 339 000	2 220 000	2 252 000
Total Retained Equity	310 000	69 000	87 000	45 000
Total Equity	540 000	299 000	317 000	275 000
Total Long-Term Debt	2 406 000	1 348 000	1 555 000	1 522 000
Total Current Debt	1 030 000	692 000	348 000	455 000
Total Equity and Debt	3 975 000	2 339 000	2 220 000	2 252 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 676 000	4 740 000	3 786 000	3 709 000
Other Income	53 000	119 000	5 000	133 000
Revenue	5 729 000	4 859 000	3 792 000	3 842 000
Cost of Goods Sold	2 156 000	667 000	331 000	545 000
Salary Costs	462 000	1 231 000	1 084 000	432 000
Depreciation	191 000	151 000	260 000	230 000
Impairment	0	0	0	0
Expenditure	5 373 000	4 914 000	3 709 000	3 668 000
Operating Profit	356 000	−54 000	82 000	175 000
Financial Income	0	40 000	0	0
Financial Costs	48 000	20 000	28 000	14 000
Financial Balance	−48 000	20 000	−28 000	−14 000
Dividends	0	0	0	0
Net Income	240 000	−18 000	42 000	151 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 406 000	267 000	0	0
Machinery and Plant Facilities	36 000	69 000	694 000	937 000
Fixtures	1 290 000	305 000	362 000	370 000
Total Tangible Assets	2 731 000	642 000	1 056 000	1 307 000
Total Fiancial Fixed Assets	109 000	568 000	255 000	245 000
Total Fixed Assets	2 840 000	1 210 000	1 311 000	1 552 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 047 000	487 000	512 000	261 000
Total Current Assets	1 135 000	1 129 000	909 000	700 000
Total Assets	3 975 000	2 339 000	2 220 000	2 252 000
Total Equity	540 000	299 000	317 000	275 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 406 000	1 348 000	1 555 000	1 522 000
Creditors	573 000	310 000	41 000	193 000
Unpaid Taxes	201 000	209 000	103 000	23 000
Dividends	0	0	0	0
Other Current Debt	256 000	173 000	203 000	238 000
Total Current Debt	1 030 000	692 000	348 000	455 000
Total Equity and Debt	3 975 000	2 339 000	2 220 000	2 252 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,44 %	−6,02 %	13,25 %	54,91 %
Debt-to-Equity Ratio	4,46	4,51	4,91	5,53
Operating Profit Margin	6,21 %	−1,11 %	2,16 %	4,55 %
Current Ratio	1,1	1,63	2,61	1,54
Quick Ratio	1,1	1,63	2,61	1,54
Equity Ratio	0,14	0,13	0,14	0,12
Gross Profit Margin	62,37 %	86,27 %	91,27 %	85,81 %