MUSTI NORGE AS

0373 OSLO

Finances

Share Ownership

Return on Equity

27,04 %

Current Ratio

0,79

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	627 808 000	479 278 000	270 316 000	160 787 000
Net Income	9 326 000	18 329 000	3 965 000	−14 258 000
Total Assets	180 443 000	142 537 000	74 514 000	64 595 000
Total Equity	34 486 000	24 709 000	6 379 000	2 528 000

Income (NOK)	2022	2021	2020	2019
Revenue	627 808 000	479 278 000	270 316 000	160 787 000
Expenditure	613 138 000	467 227 000	264 716 000	174 101 000
Operating Profit	14 670 000	12 053 000	5 600 000	−13 314 000
Financial Income	773 000	579 000	873 000	69 000
Financial Costs	3 082 000	1 167 000	2 508 000	1 013 000
Financial Balance	−2 309 000	−588 000	−1 635 000	−944 000
Earnings Before Tax	12 362 000	11 465 000	3 965 000	−14 258 000
Tax	3 036 000	−6 864 000	0	0
Net Income	9 326 000	18 329 000	3 965 000	−14 258 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	92 277 000	60 221 000	37 336 000	34 097 000
Total Current Assets	88 166 000	82 316 000	37 178 000	30 497 000
Total Assets	180 443 000	142 537 000	74 514 000	64 595 000
Total Retained Equity	−19 714 000	−29 491 000	−47 821 000	−51 672 000
Total Equity	34 486 000	24 709 000	6 379 000	2 528 000
Total Long-Term Debt	35 000 000	35 000 000	0	0
Total Current Debt	110 958 000	82 828 000	68 135 000	62 067 000
Total Equity and Debt	180 443 000	142 537 000	74 514 000	64 595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	626 205 000	478 139 000	269 598 000	160 361 000
Other Income	1 603 000	1 140 000	718 000	427 000
Revenue	627 808 000	479 278 000	270 316 000	160 787 000
Cost of Goods Sold	343 677 000	261 752 000	138 035 000	85 883 000
Salary Costs	102 191 000	81 895 000	55 996 000	45 093 000
Depreciation	18 125 000	12 770 000	10 064 000	7 081 000
Impairment	0	0	0	0
Expenditure	613 138 000	467 227 000	264 716 000	174 101 000
Operating Profit	14 670 000	12 053 000	5 600 000	−13 314 000
Financial Income	773 000	579 000	873 000	69 000
Financial Costs	3 082 000	1 167 000	2 508 000	1 013 000
Financial Balance	−2 309 000	−588 000	−1 635 000	−944 000
Dividends	0	0	0	0
Net Income	9 326 000	18 329 000	3 965 000	−14 258 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	38 921 000	19 373 000	6 909 000	8 594 000
Total Intangible Assets	48 560 000	30 073 000	8 979 000	9 896 000
Real Eastate	43 298 000	28 445 000	24 648 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	165 000	1 609 000	3 710 000	24 201 000
Total Tangible Assets	43 464 000	30 054 000	28 357 000	24 201 000
Total Fiancial Fixed Assets	254 000	94 000	0	0
Total Fixed Assets	92 277 000	60 221 000	37 336 000	34 097 000
Stock	68 815 000	39 725 000	31 778 000	24 585 000
Total Investments	0	0	0	0
Cash, Bank	4 943 000	4 505 000	2 192 000	2 481 000
Total Current Assets	88 166 000	82 316 000	37 178 000	30 497 000
Total Assets	180 443 000	142 537 000	74 514 000	64 595 000
Total Equity	34 486 000	24 709 000	6 379 000	2 528 000
Short-Term Group Debt	0	0	28 460 000	35 850 000
Total Long-Term Debt	35 000 000	35 000 000	0	0
Creditors	21 967 000	14 113 000	16 216 000	12 739 000
Unpaid Taxes	34 268 000	28 052 000	16 098 000	8 205 000
Dividends	0	0	0	0
Other Current Debt	54 722 000	40 298 000	7 361 000	5 273 000
Total Current Debt	110 958 000	82 828 000	68 135 000	62 067 000
Total Equity and Debt	180 443 000	142 537 000	74 514 000	64 595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,04 %	74,18 %	62,16 %	−564 %
Debt-to-Equity Ratio	1,01	1,42	0	0
Operating Profit Margin	2,34 %	2,51 %	2,07 %	−8,28 %
Current Ratio	0,79	0,99	0,55	0,49
Quick Ratio	2,09	1,91	1,02	0,81
Equity Ratio	0,19	0,17	0,09	0,04
Gross Profit Margin	45,26 %	45,39 %	48,94 %	46,59 %