METALLVAREFABRIKKEN AS

6013 ÅLESUND

Finances

Share Ownership

Return on Equity

246,5 %

Current Ratio

3,34

Debt-to-Equity Ratio

9,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	641 000	625 000	552 000	575 000
Net Income	387 000	356 000	241 000	144 000
Total Assets	1 905 000	2 066 000	1 791 000	1 771 000
Total Equity	157 000	150 000	−206 000	−447 000

Income (NOK)	2022	2021	2020	2019
Revenue	641 000	625 000	552 000	575 000
Expenditure	165 000	187 000	216 000	318 000
Operating Profit	476 000	439 000	336 000	258 000
Financial Income	0	0	0	0
Financial Costs	89 000	82 000	95 000	115 000
Financial Balance	−89 000	−82 000	−95 000	−115 000
Earnings Before Tax	387 000	356 000	241 000	144 000
Tax	0	0	0	0
Net Income	387 000	356 000	241 000	144 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 200 000	1 244 000	1 289 000	1 333 000
Total Current Assets	705 000	822 000	502 000	438 000
Total Assets	1 905 000	2 066 000	1 791 000	1 771 000
Total Retained Equity	127 000	−260 000	−616 000	−857 000
Total Equity	157 000	150 000	−206 000	−447 000
Total Long-Term Debt	1 537 000	1 731 000	1 925 000	2 119 000
Total Current Debt	211 000	185 000	72 000	99 000
Total Equity and Debt	1 905 000	2 066 000	1 791 000	1 771 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	641 000	625 000	552 000	575 000
Revenue	641 000	625 000	552 000	575 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	45 000	45 000	45 000	45 000
Impairment	0	0	0	0
Expenditure	165 000	187 000	216 000	318 000
Operating Profit	476 000	439 000	336 000	258 000
Financial Income	0	0	0	0
Financial Costs	89 000	82 000	95 000	115 000
Financial Balance	−89 000	−82 000	−95 000	−115 000
Dividends	0	0	0	0
Net Income	387 000	356 000	241 000	144 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 200 000	1 244 000	1 289 000	1 333 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 200 000	1 244 000	1 289 000	1 333 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 200 000	1 244 000	1 289 000	1 333 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	579 000	746 000	352 000	322 000
Total Current Assets	705 000	822 000	502 000	438 000
Total Assets	1 905 000	2 066 000	1 791 000	1 771 000
Total Equity	157 000	150 000	−206 000	−447 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 537 000	1 731 000	1 925 000	2 119 000
Creditors	3 000	6 000	0	0
Unpaid Taxes	151 000	121 000	67 000	91 000
Dividends	0	0	0	0
Other Current Debt	57 000	57 000	6 000	7 000
Total Current Debt	211 000	185 000	72 000	99 000
Total Equity and Debt	1 905 000	2 066 000	1 791 000	1 771 000

Financial indicators	2022	2021	2020	2019
Return on Equity	246,5 %	237,33 %	−116,99 %	−32,21 %
Debt-to-Equity Ratio	9,79	11,54	−9,34	−4,74
Operating Profit Margin	74,26 %	70,24 %	60,87 %	44,87 %
Current Ratio	3,34	4,44	6,97	4,42
Quick Ratio	3,34	4,44	6,97	4,42
Equity Ratio	0,08	0,07	−0,12	−0,25
Gross Profit Margin	100 %	100 %	100 %	100 %