MAJOR TOWN AS

1081 OSLO

Finances

Share Ownership

Return on Equity

12,85 %

Current Ratio

0,85

Debt-to-Equity Ratio

−1,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 534 000	6 362 000	7 314 000	14 549 000
Net Income	−321 000	−720 000	−1 097 000	1 675 000
Total Assets	2 598 000	3 481 000	4 205 000	4 797 000
Total Equity	−2 498 000	−2 178 000	−1 457 000	−360 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 534 000	6 362 000	7 314 000	14 549 000
Expenditure	11 775 000	6 997 000	8 336 000	12 773 000
Operating Profit	−241 000	−637 000	−1 022 000	1 776 000
Financial Income	0	1 000	0	0
Financial Costs	80 000	84 000	75 000	102 000
Financial Balance	−80 000	−83 000	−75 000	−102 000
Earnings Before Tax	−321 000	−720 000	−1 097 000	1 675 000
Tax	0	0	0	0
Net Income	−321 000	−720 000	−1 097 000	1 675 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	755 000	1 587 000	2 551 000	3 464 000
Total Current Assets	1 843 000	1 894 000	1 654 000	1 333 000
Total Assets	2 598 000	3 481 000	4 205 000	4 797 000
Total Retained Equity	−2 598 000	−2 278 000	−1 557 000	−460 000
Total Equity	−2 498 000	−2 178 000	−1 457 000	−360 000
Total Long-Term Debt	2 927 000	4 116 000	4 048 000	3 505 000
Total Current Debt	2 169 000	1 542 000	1 614 000	1 652 000
Total Equity and Debt	2 598 000	3 481 000	4 205 000	4 797 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 810 000	4 205 000	5 780 000	14 217 000
Other Income	724 000	2 157 000	1 533 000	332 000
Revenue	11 534 000	6 362 000	7 314 000	14 549 000
Cost of Goods Sold	3 763 000	1 891 000	2 321 000	4 587 000
Salary Costs	3 282 000	1 147 000	1 885 000	3 185 000
Depreciation	818 000	968 000	1 032 000	1 063 000
Impairment	0	0	0	0
Expenditure	11 775 000	6 997 000	8 336 000	12 773 000
Operating Profit	−241 000	−637 000	−1 022 000	1 776 000
Financial Income	0	1 000	0	0
Financial Costs	80 000	84 000	75 000	102 000
Financial Balance	−80 000	−83 000	−75 000	−102 000
Dividends	0	0	0	0
Net Income	−321 000	−720 000	−1 097 000	1 675 000

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	0	0	0	0
Fixtures	731 000	1 530 000	2 498 000	3 464 000
Total Tangible Assets	731 000	1 530 000	2 498 000	3 464 000
Total Fiancial Fixed Assets	25 000	57 000	53 000	0
Total Fixed Assets	755 000	1 587 000	2 551 000	3 464 000
Stock	372 000	263 000	432 000	482 000
Total Investments	0	0	0	0
Cash, Bank	837 000	671 000	317 000	699 000
Total Current Assets	1 843 000	1 894 000	1 654 000	1 333 000
Total Assets	2 598 000	3 481 000	4 205 000	4 797 000
Total Equity	−2 498 000	−2 178 000	−1 457 000	−360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 927 000	4 116 000	4 048 000	3 505 000
Creditors	671 000	749 000	1 007 000	722 000
Unpaid Taxes	424 000	187 000	69 000	165 000
Dividends	0	0	0	0
Other Current Debt	1 075 000	605 000	537 000	765 000
Total Current Debt	2 169 000	1 542 000	1 614 000	1 652 000
Total Equity and Debt	2 598 000	3 481 000	4 205 000	4 797 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,85 %	33,06 %	75,29 %	−465,28 %
Debt-to-Equity Ratio	−1,17	−1,89	−2,78	−9,74
Operating Profit Margin	−2,09 %	−10,01 %	−13,97 %	12,21 %
Current Ratio	0,85	1,23	1,02	0,81
Quick Ratio	1,03	1,48	1,4	1,14
Equity Ratio	−0,96	−0,63	−0,35	−0,08
Gross Profit Margin	67,37 %	70,28 %	68,27 %	68,47 %