M-SERVICE AS

2827 HUNNDALEN

Finances

Share Ownership

Return on Equity

5,25 %

Current Ratio

0,56

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 439 000	3 318 000	2 945 000	2 997 000
Net Income	−28 000	−15 000	−170 000	−156 000
Total Assets	799 000	729 000	612 000	715 000
Total Equity	−533 000	−505 000	−491 000	−321 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 439 000	3 318 000	2 945 000	2 997 000
Expenditure	2 457 000	3 334 000	3 114 000	3 143 000
Operating Profit	−18 000	−16 000	−168 000	−147 000
Financial Income	2 000	5 000	2 000	0
Financial Costs	12 000	4 000	4 000	9 000
Financial Balance	−10 000	1 000	−2 000	−9 000
Earnings Before Tax	−28 000	−15 000	−170 000	−156 000
Tax	0	0	0	0
Net Income	−28 000	−15 000	−170 000	−156 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 000	65 000	52 000	15 000
Total Current Assets	750 000	664 000	560 000	700 000
Total Assets	799 000	729 000	612 000	715 000
Total Retained Equity	−583 000	−555 000	−541 000	−371 000
Total Equity	−533 000	−505 000	−491 000	−321 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 333 000	1 235 000	1 103 000	1 036 000
Total Equity and Debt	799 000	729 000	612 000	715 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 589 000	3 168 000	2 942 000	3 447 000
Other Income	−150 000	150 000	3 000	−450 000
Revenue	2 439 000	3 318 000	2 945 000	2 997 000
Cost of Goods Sold	596 000	1 102 000	1 026 000	808 000
Salary Costs	1 180 000	1 602 000	1 461 000	1 761 000
Depreciation	16 000	13 000	18 000	19 000
Impairment	0	0	0	0
Expenditure	2 457 000	3 334 000	3 114 000	3 143 000
Operating Profit	−18 000	−16 000	−168 000	−147 000
Financial Income	2 000	5 000	2 000	0
Financial Costs	12 000	4 000	4 000	9 000
Financial Balance	−10 000	1 000	−2 000	−9 000
Dividends	0	0	0	0
Net Income	−28 000	−15 000	−170 000	−156 000

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	49 000	65 000	52 000	15 000
Total Tangible Assets	49 000	65 000	52 000	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	49 000	65 000	52 000	15 000
Stock	361 000	191 000	171 000	170 000
Total Investments	0	0	0	0
Cash, Bank	76 000	101 000	46 000	101 000
Total Current Assets	750 000	664 000	560 000	700 000
Total Assets	799 000	729 000	612 000	715 000
Total Equity	−533 000	−505 000	−491 000	−321 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	232 000	227 000	231 000	202 000
Unpaid Taxes	172 000	145 000	109 000	163 000
Dividends	0	0	0	0
Other Current Debt	929 000	863 000	763 000	671 000
Total Current Debt	1 333 000	1 235 000	1 103 000	1 036 000
Total Equity and Debt	799 000	729 000	612 000	715 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,25 %	2,97 %	34,62 %	48,6 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−0,74 %	−0,48 %	−5,7 %	−4,9 %
Current Ratio	0,56	0,54	0,51	0,68
Quick Ratio	0,77	0,64	0,6	0,81
Equity Ratio	−0,67	−0,69	−0,8	−0,45
Gross Profit Margin	75,56 %	66,79 %	65,16 %	73,04 %