MN KURDEM AS

4270 ÅKREHAMN

Finances

Share Ownership

Return on Equity

104,84 %

Current Ratio

1,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 610 000	730 000	3 135 000	3 555 000
Net Income	368 000	−129 000	66 000	−214 000
Total Assets	591 000	65 000	605 000	730 000
Total Equity	351 000	−17 000	112 000	47 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 610 000	730 000	3 135 000	3 555 000
Expenditure	3 200 000	797 000	3 068 000	3 765 000
Operating Profit	449 000	−129 000	67 000	−210 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	1 000	1 000
Financial Balance	−1 000	0	−1 000	−1 000
Earnings Before Tax	449 000	−129 000	66 000	−211 000
Tax	81 000	0	0	3 000
Net Income	368 000	−129 000	66 000	−214 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	143 000	51 000	289 000	365 000
Total Current Assets	448 000	14 000	316 000	365 000
Total Assets	591 000	65 000	605 000	730 000
Total Retained Equity	321 000	−47 000	82 000	17 000
Total Equity	351 000	−17 000	112 000	47 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	240 000	82 000	493 000	684 000
Total Equity and Debt	591 000	65 000	605 000	730 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 610 000	678 000	3 129 000	3 555 000
Other Income	0	52 000	6 000	0
Revenue	3 610 000	730 000	3 135 000	3 555 000
Cost of Goods Sold	1 661 000	218 000	1 237 000	1 571 000
Salary Costs	846 000	257 000	1 155 000	1 433 000
Depreciation	41 000	22 000	99 000	133 000
Impairment	0	0	0	0
Expenditure	3 200 000	797 000	3 068 000	3 765 000
Operating Profit	449 000	−129 000	67 000	−210 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	1 000	1 000
Financial Balance	−1 000	0	−1 000	−1 000
Dividends	0	0	0	0
Net Income	368 000	−129 000	66 000	−214 000

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	22 000	44 000	128 000	173 000
Fixtures	121 000	0	153 000	185 000
Total Tangible Assets	143 000	44 000	282 000	358 000
Total Fiancial Fixed Assets	0	7 000	7 000	7 000
Total Fixed Assets	143 000	51 000	289 000	365 000
Stock	39 000	0	62 000	35 000
Total Investments	0	0	0	0
Cash, Bank	407 000	11 000	252 000	317 000
Total Current Assets	448 000	14 000	316 000	365 000
Total Assets	591 000	65 000	605 000	730 000
Total Equity	351 000	−17 000	112 000	47 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−3 000	−2 000	41 000	32 000
Unpaid Taxes	80 000	0	90 000	109 000
Dividends	0	0	0	0
Other Current Debt	82 000	84 000	362 000	543 000
Total Current Debt	240 000	82 000	493 000	684 000
Total Equity and Debt	591 000	65 000	605 000	730 000

Financial indicators	2022	2021	2020	2019
Return on Equity	104,84 %	758,82 %	58,93 %	−455,32 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	12,44 %	−17,67 %	2,14 %	−5,91 %
Current Ratio	1,87	0,17	0,64	0,53
Quick Ratio	2,23	0,17	0,73	0,56
Equity Ratio	0,59	−0,26	0,19	0,06
Gross Profit Margin	53,99 %	70,14 %	60,54 %	55,81 %