MLM UTVIKLING AS

8516 NARVIK

Finances

Share Ownership

Return on Equity

−8,12 %

Current Ratio

2,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	481 000	557 000	791 000	182 000
Net Income	−25 000	74 000	34 000	−81 000
Total Assets	419 000	455 000	853 000	368 000
Total Equity	308 000	333 000	259 000	225 000

Income (NOK)	2022	2021	2020	2019
Revenue	481 000	557 000	791 000	182 000
Expenditure	495 000	485 000	757 000	263 000
Operating Profit	−14 000	73 000	34 000	−81 000
Financial Income	1 000	1 000	0	0
Financial Costs	12 000	0	0	0
Financial Balance	−11 000	1 000	0	0
Earnings Before Tax	−25 000	74 000	34 000	−81 000
Tax	0	0	0	0
Net Income	−25 000	74 000	34 000	−81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	185 000	140 000	197 000	269 000
Total Current Assets	234 000	315 000	656 000	100 000
Total Assets	419 000	455 000	853 000	368 000
Total Retained Equity	−212 000	−187 000	−261 000	−295 000
Total Equity	308 000	333 000	259 000	225 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	111 000	122 000	594 000	143 000
Total Equity and Debt	419 000	455 000	853 000	368 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	481 000	556 000	791 000	182 000
Other Income	0	2 000	0	0
Revenue	481 000	557 000	791 000	182 000
Cost of Goods Sold	240 000	190 000	468 000	74 000
Salary Costs	0	0	0	2 000
Depreciation	37 000	38 000	52 000	40 000
Impairment	0	0	0	0
Expenditure	495 000	485 000	757 000	263 000
Operating Profit	−14 000	73 000	34 000	−81 000
Financial Income	1 000	1 000	0	0
Financial Costs	12 000	0	0	0
Financial Balance	−11 000	1 000	0	0
Dividends	0	0	0	0
Net Income	−25 000	74 000	34 000	−81 000

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	185 000	114 000	140 000	141 000
Fixtures	0	11 000	23 000	74 000
Total Tangible Assets	185 000	125 000	163 000	215 000
Total Fiancial Fixed Assets	0	15 000	34 000	53 000
Total Fixed Assets	185 000	140 000	197 000	269 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	212 000	297 000	102 000	67 000
Total Current Assets	234 000	315 000	656 000	100 000
Total Assets	419 000	455 000	853 000	368 000
Total Equity	308 000	333 000	259 000	225 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	22 000	488 000	51 000
Unpaid Taxes	16 000	5 000	12 000	−1 000
Dividends	0	0	0	0
Other Current Debt	92 000	94 000	94 000	93 000
Total Current Debt	111 000	122 000	594 000	143 000
Total Equity and Debt	419 000	455 000	853 000	368 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,12 %	22,22 %	13,13 %	−36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,91 %	13,11 %	4,3 %	−44,51 %
Current Ratio	2,11	2,58	1,1	0,7
Quick Ratio	2,11	2,58	1,1	0,7
Equity Ratio	0,74	0,73	0,3	0,61
Gross Profit Margin	50,1 %	65,89 %	40,83 %	59,34 %