MEGAVOLT AS

9990 BÅTSFJORD

Finances

Share Ownership

Return on Equity

12,71 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	555 000	585 000	442 000	841 000
Net Income	37 000	13 000	−14 000	71 000
Total Assets	296 000	332 000	362 000	317 000
Total Equity	291 000	259 000	246 000	260 000

Income (NOK)	2022	2021	2020	2019
Revenue	555 000	585 000	442 000	841 000
Expenditure	515 000	565 000	461 000	770 000
Operating Profit	41 000	20 000	−19 000	70 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Earnings Before Tax	42 000	21 000	−19 000	71 000
Tax	5 000	9 000	−4 000	0
Net Income	37 000	13 000	−14 000	71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	34 000	0
Total Current Assets	296 000	332 000	328 000	317 000
Total Assets	296 000	332 000	362 000	317 000
Total Retained Equity	261 000	229 000	216 000	230 000
Total Equity	291 000	259 000	246 000	260 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	0	74 000	116 000	57 000
Total Equity and Debt	291 000	332 000	362 000	317 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	555 000	585 000	467 000	823 000
Other Income	0	0	−25 000	18 000
Revenue	555 000	585 000	442 000	841 000
Cost of Goods Sold	315 000	412 000	237 000	453 000
Salary Costs	86 000	60 000	150 000	193 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	515 000	565 000	461 000	770 000
Operating Profit	41 000	20 000	−19 000	70 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	1 000
Dividends	0	0	0	0
Net Income	37 000	13 000	−14 000	71 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	34 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	34 000	0
Stock	97 000	160 000	195 000	152 000
Total Investments	0	0	0	0
Cash, Bank	27 000	95 000	44 000	6 000
Total Current Assets	296 000	332 000	328 000	317 000
Total Assets	296 000	332 000	362 000	317 000
Total Equity	291 000	259 000	246 000	260 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	25 000	91 000	49 000	44 000
Unpaid Taxes	−16 000	−29 000	21 000	37 000
Dividends	0	0	0	0
Other Current Debt	11 000	6 000	16 000	21 000
Total Current Debt	0	74 000	116 000	57 000
Total Equity and Debt	291 000	332 000	362 000	317 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,71 %	5,02 %	−5,69 %	27,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,39 %	3,42 %	−4,3 %	8,32 %
Current Ratio	-	4,49	2,83	5,56
Quick Ratio	−3,05	−3,86	−4,15	−3,34
Equity Ratio	0,98	0,78	0,68	0,82
Gross Profit Margin	43,24 %	29,57 %	46,38 %	46,14 %