MA RØRSERVICE AS

1820 SPYDEBERG

Finances

Share Ownership

Return on Equity

−84,9 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 151 000	11 387 000	18 247 000	8 265 000
Net Income	−326 000	395 000	1 357 000	−742 000
Total Assets	738 000	1 904 000	1 213 000	14 819 000
Total Equity	384 000	710 000	815 000	−543 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 151 000	11 387 000	18 247 000	8 265 000
Expenditure	4 492 000	10 893 000	16 360 000	8 333 000
Operating Profit	−340 000	494 000	1 888 000	−68 000
Financial Income	0	2 000	12 000	2 000
Financial Costs	1 000	0	542 000	676 000
Financial Balance	−1 000	2 000	−530 000	−674 000
Earnings Before Tax	−341 000	496 000	1 357 000	−742 000
Tax	−15 000	101 000	0	0
Net Income	−326 000	395 000	1 357 000	−742 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	375 000	421 000	8 000	13 000
Total Current Assets	364 000	1 482 000	1 205 000	14 806 000
Total Assets	738 000	1 904 000	1 213 000	14 819 000
Total Retained Equity	354 000	680 000	785 000	−573 000
Total Equity	384 000	710 000	815 000	−543 000
Total Long-Term Debt	0	15 000	0	12 358 000
Total Current Debt	354 000	1 179 000	398 000	3 003 000
Total Equity and Debt	738 000	1 904 000	1 213 000	14 819 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 150 000	11 387 000	18 247 000	8 265 000
Other Income	1 000	0	0	0
Revenue	4 151 000	11 387 000	18 247 000	8 265 000
Cost of Goods Sold	2 881 000	10 134 000	16 132 000	6 583 000
Salary Costs	1 313 000	466 000	−71 000	1 405 000
Depreciation	47 000	30 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	4 492 000	10 893 000	16 360 000	8 333 000
Operating Profit	−340 000	494 000	1 888 000	−68 000
Financial Income	0	2 000	12 000	2 000
Financial Costs	1 000	0	542 000	676 000
Financial Balance	−1 000	2 000	−530 000	−674 000
Dividends	0	300 000	0	0
Net Income	−326 000	395 000	1 357 000	−742 000

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	375 000	421 000	8 000	13 000
Total Tangible Assets	375 000	421 000	8 000	13 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	375 000	421 000	8 000	13 000
Stock	0	0	0	14 568 000
Total Investments	0	0	0	0
Cash, Bank	205 000	398 000	765 000	207 000
Total Current Assets	364 000	1 482 000	1 205 000	14 806 000
Total Assets	738 000	1 904 000	1 213 000	14 819 000
Total Equity	384 000	710 000	815 000	−543 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	15 000	0	12 358 000
Creditors	91 000	938 000	392 000	16 000
Unpaid Taxes	114 000	95 000	1 000	89 000
Dividends	0	300 000	0	0
Other Current Debt	149 000	60 000	5 000	131 000
Total Current Debt	354 000	1 179 000	398 000	3 003 000
Total Equity and Debt	738 000	1 904 000	1 213 000	14 819 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−84,9 %	55,63 %	166,5 %	136,65 %
Debt-to-Equity Ratio	0	0,02	0	−22,76
Operating Profit Margin	−8,19 %	4,34 %	10,35 %	−0,82 %
Current Ratio	1,03	1,26	3,03	4,93
Quick Ratio	1,03	1,26	3,03	−1,28
Equity Ratio	0,52	0,37	0,67	−0,04
Gross Profit Margin	30,6 %	11 %	11,59 %	20,35 %