M2 SERVICE AS

8019 BODØ

Finances

Share Ownership

Return on Equity

−15,46 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 121 000	1 617 000	999 000	1 680 000
Net Income	−32 000	15 000	−112 000	−26 000
Total Assets	632 000	472 000	327 000	692 000
Total Equity	207 000	239 000	223 000	335 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 121 000	1 617 000	999 000	1 680 000
Expenditure	4 152 000	1 595 000	1 131 000	1 703 000
Operating Profit	−33 000	22 000	−132 000	−24 000
Financial Income	3 000	0	0	0
Financial Costs	2 000	6 000	4 000	9 000
Financial Balance	1 000	−6 000	−4 000	−9 000
Earnings Before Tax	−32 000	15 000	−137 000	−33 000
Tax	0	0	−24 000	−7 000
Net Income	−32 000	15 000	−112 000	−26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	8 000	69 000	139 000
Total Current Assets	612 000	464 000	258 000	553 000
Total Assets	632 000	472 000	327 000	692 000
Total Retained Equity	177 000	209 000	193 000	305 000
Total Equity	207 000	239 000	223 000	335 000
Total Long-Term Debt	0	0	54 000	116 000
Total Current Debt	425 000	233 000	50 000	240 000
Total Equity and Debt	632 000	472 000	327 000	692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 121 000	1 529 000	999 000	1 680 000
Other Income	0	88 000	0	0
Revenue	4 121 000	1 617 000	999 000	1 680 000
Cost of Goods Sold	1 694 000	624 000	433 000	713 000
Salary Costs	1 478 000	529 000	444 000	692 000
Depreciation	7 000	6 000	70 000	69 000
Impairment	0	0	0	0
Expenditure	4 152 000	1 595 000	1 131 000	1 703 000
Operating Profit	−33 000	22 000	−132 000	−24 000
Financial Income	3 000	0	0	0
Financial Costs	2 000	6 000	4 000	9 000
Financial Balance	1 000	−6 000	−4 000	−9 000
Dividends	0	0	0	0
Net Income	−32 000	15 000	−112 000	−26 000

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	20 000	8 000	69 000	139 000
Total Tangible Assets	20 000	8 000	69 000	139 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	8 000	69 000	139 000
Stock	47 000	64 000	0	0
Total Investments	0	0	0	0
Cash, Bank	367 000	207 000	22 000	68 000
Total Current Assets	612 000	464 000	258 000	553 000
Total Assets	632 000	472 000	327 000	692 000
Total Equity	207 000	239 000	223 000	335 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	54 000	116 000
Creditors	185 000	197 000	0	54 000
Unpaid Taxes	208 000	33 000	11 000	39 000
Dividends	0	0	0	0
Other Current Debt	33 000	3 000	39 000	148 000
Total Current Debt	425 000	233 000	50 000	240 000
Total Equity and Debt	632 000	472 000	327 000	692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,46 %	6,28 %	−50,22 %	−7,76 %
Debt-to-Equity Ratio	0	0	0,24	0,35
Operating Profit Margin	−0,8 %	1,36 %	−13,21 %	−1,43 %
Current Ratio	1,44	1,99	5,16	2,3
Quick Ratio	1,62	2,75	5,16	2,3
Equity Ratio	0,33	0,51	0,68	0,48
Gross Profit Margin	58,89 %	61,41 %	56,66 %	57,56 %