MASSIVHYTTA AS

2680 VÅGÅ

Finances

Return on Equity

7,32 %

Current Ratio

N/A

Debt-to-Equity Ratio

−3,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	172 000	173 000
Net Income	−21 000	−34 000	−238 000	131 000
Total Assets	607 000	628 000	663 000	485 000
Total Equity	−287 000	−267 000	−233 000	6 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	172 000	173 000
Expenditure	22 000	34 000	410 000	43 000
Operating Profit	−22 000	−34 000	−238 000	131 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	−21 000	−34 000	−238 000	131 000
Tax	0	0	0	0
Net Income	−21 000	−34 000	−238 000	131 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	243 000	243 000	243 000	243 000
Total Current Assets	364 000	385 000	419 000	241 000
Total Assets	607 000	628 000	663 000	485 000
Total Retained Equity	−978 000	−958 000	−924 000	−685 000
Total Equity	−287 000	−267 000	−233 000	6 000
Total Long-Term Debt	895 000	0	244 000	244 000
Total Current Debt	0	895 000	651 000	235 000
Total Equity and Debt	607 000	628 000	663 000	485 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	173 000
Other Income	0	0	172 000	0
Revenue	0	0	172 000	173 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	22 000	34 000	410 000	43 000
Operating Profit	−22 000	−34 000	−238 000	131 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	0	0	0
Net Income	−21 000	−34 000	−238 000	131 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	243 000	243 000	243 000	243 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	243 000	243 000	243 000	243 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	243 000	243 000	243 000	243 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	364 000	384 000	328 000	241 000
Total Current Assets	364 000	385 000	419 000	241 000
Total Assets	607 000	628 000	663 000	485 000
Total Equity	−287 000	−267 000	−233 000	6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	895 000	0	244 000	244 000
Creditors	0	515 000	516 000	56 000
Unpaid Taxes	0	0	0	43 000
Dividends	0	0	0	0
Other Current Debt	0	379 000	135 000	135 000
Total Current Debt	0	895 000	651 000	235 000
Total Equity and Debt	607 000	628 000	663 000	485 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,32 %	12,73 %	102,15 %	2 183,33 %
Debt-to-Equity Ratio	−3,12	−0	−1,05	40,67
Operating Profit Margin	-	-	−138,37 %	75,72 %
Current Ratio	-	0,43	0,64	1,03
Quick Ratio	-	0,43	0,64	1,03
Equity Ratio	−0,47	−0,43	−0,35	0,01
Gross Profit Margin	-	-	100 %	100 %