M2 NORGE AS

0374 OSLO

Finances

Share Ownership

Return on Equity

362,04 %

Current Ratio

2,21

Debt-to-Equity Ratio

−11,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	634 000	4 945 000	10 117 000	11 136 000
Net Income	−992 000	−73 000	712 000	1 016 000
Total Assets	3 121 000	3 067 000	3 825 000	3 587 000
Total Equity	−274 000	718 000	1 240 000	1 528 000

Income (NOK)	2022	2021	2020	2019
Revenue	634 000	4 945 000	10 117 000	11 136 000
Expenditure	1 861 000	4 982 000	9 127 000	9 788 000
Operating Profit	−1 227 000	−38 000	989 000	1 349 000
Financial Income	2 000	6 000	21 000	65 000
Financial Costs	46 000	46 000	95 000	107 000
Financial Balance	−44 000	−40 000	−74 000	−42 000
Earnings Before Tax	−1 271 000	−78 000	916 000	1 307 000
Tax	−279 000	−5 000	204 000	291 000
Net Income	−992 000	−73 000	712 000	1 016 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 358 000	1 441 000	653 000	26 000
Total Current Assets	763 000	1 626 000	3 172 000	3 561 000
Total Assets	3 121 000	3 067 000	3 825 000	3 587 000
Total Retained Equity	−374 000	618 000	1 140 000	1 428 000
Total Equity	−274 000	718 000	1 240 000	1 528 000
Total Long-Term Debt	3 049 000	11 000	462 000	0
Total Current Debt	345 000	2 339 000	2 123 000	2 058 000
Total Equity and Debt	3 121 000	3 067 000	3 825 000	3 587 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	555 000	4 876 000	10 093 000	11 136 000
Other Income	79 000	70 000	24 000	0
Revenue	634 000	4 945 000	10 117 000	11 136 000
Cost of Goods Sold	0	357 000	1 255 000	1 333 000
Salary Costs	544 000	2 150 000	5 337 000	6 556 000
Depreciation	14 000	14 000	49 000	32 000
Impairment	0	13 000	0	0
Expenditure	1 861 000	4 982 000	9 127 000	9 788 000
Operating Profit	−1 227 000	−38 000	989 000	1 349 000
Financial Income	2 000	6 000	21 000	65 000
Financial Costs	46 000	46 000	95 000	107 000
Financial Balance	−44 000	−40 000	−74 000	−42 000
Dividends	0	450 000	0	0
Net Income	−992 000	−73 000	712 000	1 016 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 324 000	1 394 000	0	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	33 000	47 000	653 000	12 000
Total Tangible Assets	33 000	47 000	653 000	12 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 358 000	1 441 000	653 000	26 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	675 000	667 000	1 346 000	2 603 000
Total Current Assets	763 000	1 626 000	3 172 000	3 561 000
Total Assets	3 121 000	3 067 000	3 825 000	3 587 000
Total Equity	−274 000	718 000	1 240 000	1 528 000
Short-Term Group Debt	0	1 057 000	0	0
Total Long-Term Debt	3 049 000	11 000	462 000	0
Creditors	182 000	829 000	465 000	346 000
Unpaid Taxes	125 000	3 000	564 000	580 000
Dividends	0	450 000	0	0
Other Current Debt	38 000	0	920 000	830 000
Total Current Debt	345 000	2 339 000	2 123 000	2 058 000
Total Equity and Debt	3 121 000	3 067 000	3 825 000	3 587 000

Financial indicators	2022	2021	2020	2019
Return on Equity	362,04 %	−10,17 %	57,42 %	66,49 %
Debt-to-Equity Ratio	−11,13	0,02	0,37	0
Operating Profit Margin	−193,53 %	−0,77 %	9,78 %	12,11 %
Current Ratio	2,21	0,7	1,49	1,73
Quick Ratio	2,21	0,7	1,49	1,73
Equity Ratio	−0,09	0,23	0,32	0,43
Gross Profit Margin	100 %	92,78 %	87,6 %	88,03 %