MG TRANSLATION AS

1680 SKJÆRHALDEN

Finances

Share Ownership

Return on Equity

29,27 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 047 000	937 000	1 065 000	895 000
Net Income	12 000	−1 000	144 000	6 000
Total Assets	244 000	487 000	593 000	390 000
Total Equity	41 000	30 000	290 000	146 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 047 000	937 000	1 065 000	895 000
Expenditure	1 032 000	928 000	889 000	888 000
Operating Profit	15 000	9 000	177 000	8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	15 000	9 000	177 000	8 000
Tax	3 000	9 000	33 000	2 000
Net Income	12 000	−1 000	144 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	244 000	487 000	593 000	390 000
Total Assets	244 000	487 000	593 000	390 000
Total Retained Equity	11 000	5 000	266 000	122 000
Total Equity	41 000	30 000	290 000	146 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	203 000	458 000	302 000	244 000
Total Equity and Debt	244 000	487 000	593 000	390 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 047 000	937 000	1 065 000	895 000
Other Income	0	0	0	0
Revenue	1 047 000	937 000	1 065 000	895 000
Cost of Goods Sold	0	0	0	0
Salary Costs	904 000	827 000	823 000	796 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 032 000	928 000	889 000	888 000
Operating Profit	15 000	9 000	177 000	8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	260 000	0	0
Net Income	12 000	−1 000	144 000	6 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	244 000	487 000	566 000	389 000
Total Current Assets	244 000	487 000	593 000	390 000
Total Assets	244 000	487 000	593 000	390 000
Total Equity	41 000	30 000	290 000	146 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	84 000	108 000	177 000	154 000
Dividends	0	260 000	0	0
Other Current Debt	116 000	88 000	93 000	89 000
Total Current Debt	203 000	458 000	302 000	244 000
Total Equity and Debt	244 000	487 000	593 000	390 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,27 %	−3,33 %	49,66 %	4,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,43 %	0,96 %	16,62 %	0,89 %
Current Ratio	1,2	1,06	1,96	1,6
Quick Ratio	1,2	1,06	1,96	1,6
Equity Ratio	0,17	0,06	0,49	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %