MJAD HOLDING AS

6973 SANDE I SUNNFJORD

Finances

Share Ownership

Return on Equity

16,55 %

Current Ratio

8,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 421 000	2 090 000	1 375 000	1 243 000
Net Income	643 000	906 000	460 000	276 000
Total Assets	4 339 000	3 948 000	3 700 000	3 206 000
Total Equity	3 886 000	3 243 000	3 337 000	2 877 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 421 000	2 090 000	1 375 000	1 243 000
Expenditure	615 000	875 000	801 000	558 000
Operating Profit	806 000	1 214 000	575 000	684 000
Financial Income	19 000	3 000	15 000	681 000
Financial Costs	0	43 000	1 000	964 000
Financial Balance	19 000	−40 000	14 000	−283 000
Earnings Before Tax	824 000	1 174 000	590 000	401 000
Tax	181 000	268 000	130 000	125 000
Net Income	643 000	906 000	460 000	276 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	792 000	810 000	851 000	825 000
Total Current Assets	3 546 000	3 138 000	2 849 000	2 380 000
Total Assets	4 339 000	3 948 000	3 700 000	3 206 000
Total Retained Equity	3 856 000	3 213 000	3 307 000	2 847 000
Total Equity	3 886 000	3 243 000	3 337 000	2 877 000
Total Long-Term Debt	16 000	12 000	6 000	3 000
Total Current Debt	437 000	693 000	357 000	326 000
Total Equity and Debt	4 339 000	3 948 000	3 700 000	3 206 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 421 000	2 041 000	1 375 000	1 243 000
Other Income	0	49 000	0	0
Revenue	1 421 000	2 090 000	1 375 000	1 243 000
Cost of Goods Sold	295 000	557 000	404 000	184 000
Salary Costs	0	6 000	91 000	22 000
Depreciation	163 000	208 000	225 000	222 000
Impairment	0	0	0	0
Expenditure	615 000	875 000	801 000	558 000
Operating Profit	806 000	1 214 000	575 000	684 000
Financial Income	19 000	3 000	15 000	681 000
Financial Costs	0	43 000	1 000	964 000
Financial Balance	19 000	−40 000	14 000	−283 000
Dividends	0	1 000 000	0	0
Net Income	643 000	906 000	460 000	276 000

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	792 000	810 000	851 000	825 000
Fixtures	0	0	0	0
Total Tangible Assets	792 000	810 000	851 000	825 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	792 000	810 000	851 000	825 000
Stock	0	0	0	0
Total Investments	1 673 000	1 656 000	0	0
Cash, Bank	1 429 000	501 000	2 529 000	2 109 000
Total Current Assets	3 546 000	3 138 000	2 849 000	2 380 000
Total Assets	4 339 000	3 948 000	3 700 000	3 206 000
Total Equity	3 886 000	3 243 000	3 337 000	2 877 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 000	12 000	6 000	3 000
Creditors	11 000	59 000	23 000	83 000
Unpaid Taxes	219 000	330 000	168 000	93 000
Dividends	0	1 000 000	0	0
Other Current Debt	30 000	43 000	40 000	28 000
Total Current Debt	437 000	693 000	357 000	326 000
Total Equity and Debt	4 339 000	3 948 000	3 700 000	3 206 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,55 %	27,94 %	13,78 %	9,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	56,72 %	58,09 %	41,82 %	55,03 %
Current Ratio	8,11	4,53	7,98	7,3
Quick Ratio	8,11	4,53	7,98	7,3
Equity Ratio	0,9	0,82	0,9	0,9
Gross Profit Margin	79,24 %	73,35 %	70,62 %	85,2 %