MASSIVHUS AS

3320 VESTFOSSEN

Finances

Share Ownership

Return on Equity

7,69 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 988 000	160 000	1 048 000	2 904 000
Net Income	18 000	1 000	32 000	3 000
Total Assets	3 038 000	8 830 000	7 509 000	3 287 000
Total Equity	234 000	216 000	215 000	183 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 988 000	160 000	1 048 000	2 904 000
Expenditure	1 173 000	1 272 000	640 000	2 864 000
Operating Profit	815 000	339 000	408 000	40 000
Financial Income	0	0	0	0
Financial Costs	795 000	334 000	367 000	36 000
Financial Balance	−795 000	−334 000	−367 000	−36 000
Earnings Before Tax	20 000	5 000	41 000	4 000
Tax	1 000	4 000	9 000	1 000
Net Income	18 000	1 000	32 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	−14 000	14 000	17 000
Total Current Assets	3 038 000	8 844 000	7 496 000	3 270 000
Total Assets	3 038 000	8 830 000	7 509 000	3 287 000
Total Retained Equity	204 000	186 000	185 000	153 000
Total Equity	234 000	216 000	215 000	183 000
Total Long-Term Debt	0	0	0	400 000
Total Current Debt	2 804 000	8 614 000	7 294 000	2 704 000
Total Equity and Debt	3 038 000	8 830 000	7 509 000	3 287 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 988 000	160 000	1 048 000	2 904 000
Other Income	0	0	0	0
Revenue	1 988 000	160 000	1 048 000	2 904 000
Cost of Goods Sold	945 000	999 000	144 000	2 714 000
Salary Costs	0	0	95 000	0
Depreciation	0	14 000	3 000	4 000
Impairment	0	0	0	0
Expenditure	1 173 000	1 272 000	640 000	2 864 000
Operating Profit	815 000	339 000	408 000	40 000
Financial Income	0	0	0	0
Financial Costs	795 000	334 000	367 000	36 000
Financial Balance	−795 000	−334 000	−367 000	−36 000
Dividends	0	0	0	0
Net Income	18 000	1 000	32 000	3 000

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	0	0	0	0
Fixtures	0	−14 000	14 000	17 000
Total Tangible Assets	0	−14 000	14 000	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	−14 000	14 000	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	57 000	156 000	428 000	914 000
Total Current Assets	3 038 000	8 844 000	7 496 000	3 270 000
Total Assets	3 038 000	8 830 000	7 509 000	3 287 000
Total Equity	234 000	216 000	215 000	183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	400 000
Creditors	1 250 000	891 000	168 000	610 000
Unpaid Taxes	8 000	51 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 545 000	437 000	75 000	0
Total Current Debt	2 804 000	8 614 000	7 294 000	2 704 000
Total Equity and Debt	3 038 000	8 830 000	7 509 000	3 287 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,69 %	0,46 %	14,88 %	1,64 %
Debt-to-Equity Ratio	0	0	0	2,19
Operating Profit Margin	41 %	211,88 %	38,93 %	1,38 %
Current Ratio	1,08	1,03	1,03	1,21
Quick Ratio	1,08	1,03	1,03	1,21
Equity Ratio	0,08	0,02	0,03	0,06
Gross Profit Margin	52,46 %	−524,38 %	86,26 %	6,54 %