MFS AS

3047 DRAMMEN

Finances

Return on Equity

31,92 %

Current Ratio

2,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 408 000	2 331 000	2 070 000	553 000
Net Income	271 000	398 000	290 000	−2 000
Total Assets	1 514 000	1 035 000	559 000	408 000
Total Equity	849 000	578 000	180 000	−110 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 408 000	2 331 000	2 070 000	553 000
Expenditure	3 039 000	1 770 000	1 767 000	542 000
Operating Profit	369 000	561 000	303 000	10 000
Financial Income	59 000	82 000	39 000	0
Financial Costs	73 000	135 000	16 000	13 000
Financial Balance	−14 000	−53 000	23 000	−13 000
Earnings Before Tax	355 000	508 000	325 000	−2 000
Tax	83 000	110 000	35 000	0
Net Income	271 000	398 000	290 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	112 000	0	0	0
Total Current Assets	1 401 000	1 035 000	559 000	408 000
Total Assets	1 514 000	1 035 000	559 000	408 000
Total Retained Equity	826 000	555 000	157 000	−133 000
Total Equity	849 000	578 000	180 000	−110 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	665 000	457 000	379 000	518 000
Total Equity and Debt	1 514 000	1 035 000	559 000	408 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 408 000	2 303 000	2 070 000	553 000
Other Income	0	29 000	0	0
Revenue	3 408 000	2 331 000	2 070 000	553 000
Cost of Goods Sold	2 811 000	1 662 000	1 602 000	408 000
Salary Costs	17 000	0	56 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 039 000	1 770 000	1 767 000	542 000
Operating Profit	369 000	561 000	303 000	10 000
Financial Income	59 000	82 000	39 000	0
Financial Costs	73 000	135 000	16 000	13 000
Financial Balance	−14 000	−53 000	23 000	−13 000
Dividends	0	0	0	0
Net Income	271 000	398 000	290 000	−2 000

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	112 000	0	0	0
Total Tangible Assets	112 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	112 000	0	0	0
Stock	202 000	188 000	191 000	172 000
Total Investments	603 000	56 000	281 000	0
Cash, Bank	437 000	731 000	36 000	146 000
Total Current Assets	1 401 000	1 035 000	559 000	408 000
Total Assets	1 514 000	1 035 000	559 000	408 000
Total Equity	849 000	578 000	180 000	−110 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	509 000	172 000	31 000	130 000
Unpaid Taxes	0	35 000	4 000	14 000
Dividends	0	0	0	0
Other Current Debt	72 000	140 000	309 000	373 000
Total Current Debt	665 000	457 000	379 000	518 000
Total Equity and Debt	1 514 000	1 035 000	559 000	408 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,92 %	68,86 %	161,11 %	1,82 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	10,83 %	24,07 %	14,64 %	1,81 %
Current Ratio	2,11	2,26	1,47	0,79
Quick Ratio	3,03	3,85	2,97	1,18
Equity Ratio	0,56	0,56	0,32	−0,27
Gross Profit Margin	17,52 %	28,7 %	22,61 %	26,22 %