2M&CO AS

3077 SANDE I VESTFOLD

Finances

Share Ownership

Return on Equity

−2,86 %

Current Ratio

8,18

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	506 000	645 000	421 000	608 000
Net Income	−48 000	85 000	72 000	−107 000
Total Assets	2 617 000	2 807 000	2 793 000	2 836 000
Total Equity	1 679 000	1 775 000	1 690 000	1 619 000

Income (NOK)	2022	2021	2020	2019
Revenue	506 000	645 000	421 000	608 000
Expenditure	528 000	504 000	287 000	685 000
Operating Profit	−22 000	141 000	134 000	−77 000
Financial Income	0	0	0	0
Financial Costs	40 000	33 000	42 000	52 000
Financial Balance	−40 000	−33 000	−42 000	−52 000
Earnings Before Tax	−62 000	109 000	92 000	−128 000
Tax	−13 000	24 000	20 000	−21 000
Net Income	−48 000	85 000	72 000	−107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 339 000	2 387 000	2 435 000	2 483 000
Total Current Assets	278 000	420 000	358 000	353 000
Total Assets	2 617 000	2 807 000	2 793 000	2 836 000
Total Retained Equity	179 000	275 000	190 000	119 000
Total Equity	1 679 000	1 775 000	1 690 000	1 619 000
Total Long-Term Debt	904 000	1 018 000	1 101 000	1 181 000
Total Current Debt	34 000	14 000	1 000	36 000
Total Equity and Debt	2 617 000	2 807 000	2 793 000	2 836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	340 000	492 000	255 000	479 000
Other Income	166 000	154 000	166 000	129 000
Revenue	506 000	645 000	421 000	608 000
Cost of Goods Sold	141 000	265 000	92 000	201 000
Salary Costs	0	0	0	0
Depreciation	48 000	48 000	48 000	48 000
Impairment	0	0	0	0
Expenditure	528 000	504 000	287 000	685 000
Operating Profit	−22 000	141 000	134 000	−77 000
Financial Income	0	0	0	0
Financial Costs	40 000	33 000	42 000	52 000
Financial Balance	−40 000	−33 000	−42 000	−52 000
Dividends	48 000	0	0	0
Net Income	−48 000	85 000	72 000	−107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 319 000	2 361 000	2 404 000	2 446 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	26 000	31 000	37 000
Total Tangible Assets	2 339 000	2 387 000	2 435 000	2 483 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 339 000	2 387 000	2 435 000	2 483 000
Stock	12 000	17 000	16 000	13 000
Total Investments	0	0	0	0
Cash, Bank	255 000	395 000	320 000	320 000
Total Current Assets	278 000	420 000	358 000	353 000
Total Assets	2 617 000	2 807 000	2 793 000	2 836 000
Total Equity	1 679 000	1 775 000	1 690 000	1 619 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	904 000	1 018 000	1 101 000	1 181 000
Creditors	12 000	0	0	8 000
Unpaid Taxes	16 000	6 000	0	23 000
Dividends	48 000	0	0	0
Other Current Debt	6 000	2 000	1 000	5 000
Total Current Debt	34 000	14 000	1 000	36 000
Total Equity and Debt	2 617 000	2 807 000	2 793 000	2 836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,86 %	4,79 %	4,26 %	−6,61 %
Debt-to-Equity Ratio	0,54	0,57	0,65	0,73
Operating Profit Margin	−4,35 %	21,86 %	31,83 %	−12,66 %
Current Ratio	8,18	30	358	9,81
Quick Ratio	12,64	−140	−23,87	15,35
Equity Ratio	0,64	0,63	0,61	0,57
Gross Profit Margin	72,13 %	58,91 %	78,15 %	66,94 %