MJØRUD MOSS VARMETEKNIKK AS

1894 RAKKESTAD

Finances

Share Ownership

Return on Equity

90,3 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 667 000	25 517 000	27 115 000	29 426 000
Net Income	2 336 000	−478 000	108 000	854 000
Total Assets	17 508 000	9 965 000	9 746 000	8 560 000
Total Equity	2 587 000	2 521 000	2 509 000	2 556 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 667 000	25 517 000	27 115 000	29 426 000
Expenditure	45 934 000	25 179 000	28 399 000	27 008 000
Operating Profit	3 058 000	−549 000	213 000	1 166 000
Financial Income	77 000	10 000	10 000	32 000
Financial Costs	140 000	74 000	85 000	102 000
Financial Balance	−63 000	−64 000	−75 000	−70 000
Earnings Before Tax	2 995 000	−613 000	139 000	1 096 000
Tax	659 000	−135 000	31 000	242 000
Net Income	2 336 000	−478 000	108 000	854 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 693 000	1 663 000	1 873 000	1 875 000
Total Current Assets	15 814 000	8 301 000	7 873 000	6 685 000
Total Assets	17 508 000	9 965 000	9 746 000	8 560 000
Total Retained Equity	1 587 000	1 521 000	1 509 000	1 556 000
Total Equity	2 587 000	2 521 000	2 509 000	2 556 000
Total Long-Term Debt	1 675 000	2 205 000	2 875 000	2 504 000
Total Current Debt	13 246 000	5 238 000	4 362 000	3 500 000
Total Equity and Debt	17 508 000	9 965 000	9 746 000	8 560 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 667 000	25 517 000	27 115 000	29 426 000
Other Income	0	0	0	0
Revenue	49 667 000	25 517 000	27 115 000	29 426 000
Cost of Goods Sold	28 678 000	9 988 000	11 977 000	10 599 000
Salary Costs	12 231 000	11 078 000	11 577 000	11 861 000
Depreciation	172 000	257 000	388 000	381 000
Impairment	0	0	0	0
Expenditure	45 934 000	25 179 000	28 399 000	27 008 000
Operating Profit	3 058 000	−549 000	213 000	1 166 000
Financial Income	77 000	10 000	10 000	32 000
Financial Costs	140 000	74 000	85 000	102 000
Financial Balance	−63 000	−64 000	−75 000	−70 000
Dividends	0	0	0	0
Net Income	2 336 000	−478 000	108 000	854 000

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	1 469 000	1 361 000	1 494 000	1 875 000
Fixtures	225 000	302 000	379 000	0
Total Tangible Assets	1 693 000	1 663 000	1 873 000	1 875 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 693 000	1 663 000	1 873 000	1 875 000
Stock	19 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 077 000	5 205 000	573 000	5 352 000
Total Current Assets	15 814 000	8 301 000	7 873 000	6 685 000
Total Assets	17 508 000	9 965 000	9 746 000	8 560 000
Total Equity	2 587 000	2 521 000	2 509 000	2 556 000
Short-Term Group Debt	3 911 000	2 000 000	193 000	1 179 000
Total Long-Term Debt	1 675 000	2 205 000	2 875 000	2 504 000
Creditors	2 836 000	1 078 000	1 262 000	239 000
Unpaid Taxes	863 000	1 017 000	715 000	943 000
Dividends	0	0	0	0
Other Current Debt	5 636 000	1 143 000	1 415 000	1 140 000
Total Current Debt	13 246 000	5 238 000	4 362 000	3 500 000
Total Equity and Debt	17 508 000	9 965 000	9 746 000	8 560 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,3 %	−18,96 %	4,3 %	33,41 %
Debt-to-Equity Ratio	0,65	0,87	1,15	0,98
Operating Profit Margin	6,16 %	−2,15 %	0,79 %	3,96 %
Current Ratio	1,19	1,58	1,8	1,91
Quick Ratio	1,2	1,58	1,8	1,91
Equity Ratio	0,15	0,25	0,26	0,3
Gross Profit Margin	42,26 %	60,86 %	55,83 %	63,98 %