MAD GOATS AS

0283 OSLO

Finances

Share Ownership

Return on Equity

30,94 %

Current Ratio

0,34

Debt-to-Equity Ratio

1,23

Key figures (NOK)	2021	2020	2019	2018
Revenue	4 461 000	3 238 000	1 785 000	1 211 000
Net Income	482 000	828 000	434 000	16 000
Total Assets	4 654 000	2 378 000	1 277 000	206 000
Total Equity	1 558 000	1 314 000	485 000	47 000

Income (NOK)	2021	2020	2019	2018
Revenue	4 461 000	3 238 000	1 785 000	1 211 000
Expenditure	3 536 000	2 134 000	1 221 000	1 189 000
Operating Profit	925 000	1 105 000	563 000	23 000
Financial Income	0	0	0	0
Financial Costs	56 000	43 000	7 000	0
Financial Balance	−56 000	−43 000	−7 000	0
Earnings Before Tax	870 000	1 062 000	557 000	23 000
Tax	388 000	234 000	122 000	7 000
Net Income	482 000	828 000	434 000	16 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	4 251 000	1 840 000	1 354 000	166 000
Total Current Assets	403 000	538 000	−77 000	40 000
Total Assets	4 654 000	2 378 000	1 277 000	206 000
Total Retained Equity	1 421 000	1 176 000	348 000	−90 000
Total Equity	1 558 000	1 314 000	485 000	47 000
Total Long-Term Debt	1 921 000	745 000	694 000	0
Total Current Debt	1 176 000	319 000	98 000	159 000
Total Equity and Debt	4 654 000	2 378 000	1 277 000	206 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	4 461 000	2 968 000	1 637 000	1 196 000
Other Income	0	270 000	148 000	15 000
Revenue	4 461 000	3 238 000	1 785 000	1 211 000
Cost of Goods Sold	178 000	227 000	313 000	239 000
Salary Costs	1 930 000	984 000	149 000	579 000
Depreciation	681 000	365 000	127 000	52 000
Impairment	6 000	0	0	0
Expenditure	3 536 000	2 134 000	1 221 000	1 189 000
Operating Profit	925 000	1 105 000	563 000	23 000
Financial Income	0	0	0	0
Financial Costs	56 000	43 000	7 000	0
Financial Balance	−56 000	−43 000	−7 000	0
Dividends	0	0	0	0
Net Income	482 000	828 000	434 000	16 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	33 000	33 000	33 000	26 000
Real Eastate	908 000	74 000	0	0
Machinery and Plant Facilities	91 000	170 000	250 000	137 000
Fixtures	1 863 000	979 000	1 068 000	0
Total Tangible Assets	2 861 000	1 223 000	1 318 000	137 000
Total Fiancial Fixed Assets	1 357 000	583 000	3 000	3 000
Total Fixed Assets	4 251 000	1 840 000	1 354 000	166 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−116 000	−108 000	−35 000	42 000
Total Current Assets	403 000	538 000	−77 000	40 000
Total Assets	4 654 000	2 378 000	1 277 000	206 000
Total Equity	1 558 000	1 314 000	485 000	47 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 921 000	745 000	694 000	0
Creditors	−54 000	−105 000	−116 000	9 000
Unpaid Taxes	73 000	101 000	39 000	−5 000
Dividends	0	0	0	0
Other Current Debt	269 000	4 000	51 000	155 000
Total Current Debt	1 176 000	319 000	98 000	159 000
Total Equity and Debt	4 654 000	2 378 000	1 277 000	206 000

Financial indicators	2021	2020	2019	2018
Return on Equity	30,94 %	63,01 %	89,48 %	34,04 %
Debt-to-Equity Ratio	1,23	0,57	1,43	0
Operating Profit Margin	20,74 %	34,13 %	31,54 %	1,9 %
Current Ratio	0,34	1,69	−0,79	0,25
Quick Ratio	0,34	1,69	−0,79	0,25
Equity Ratio	0,33	0,55	0,38	0,23
Gross Profit Margin	96,01 %	92,99 %	82,46 %	80,26 %