MJÅLAND AS

1940 BJØRKELANGEN

Finances

Share Ownership

Return on Equity

67,61 %

Current Ratio

2,57

Debt-to-Equity Ratio

3,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 164 000	1 519 000	2 654 000	4 021 000
Net Income	144 000	87 000	257 000	−354 000
Total Assets	1 399 000	1 212 000	1 217 000	1 438 000
Total Equity	213 000	69 000	−18 000	−275 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 164 000	1 519 000	2 654 000	4 021 000
Expenditure	928 000	1 355 000	2 186 000	4 372 000
Operating Profit	237 000	163 000	469 000	−352 000
Financial Income	0	0	0	0
Financial Costs	52 000	52 000	139 000	102 000
Financial Balance	−52 000	−52 000	−139 000	−102 000
Earnings Before Tax	185 000	111 000	330 000	−454 000
Tax	41 000	24 000	72 000	−100 000
Net Income	144 000	87 000	257 000	−354 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	307 000	380 000	436 000	526 000
Total Current Assets	1 093 000	832 000	781 000	913 000
Total Assets	1 399 000	1 212 000	1 217 000	1 438 000
Total Retained Equity	183 000	39 000	−48 000	−305 000
Total Equity	213 000	69 000	−18 000	−275 000
Total Long-Term Debt	760 000	840 000	872 000	815 000
Total Current Debt	426 000	304 000	363 000	898 000
Total Equity and Debt	1 399 000	1 212 000	1 217 000	1 438 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 164 000	1 519 000	2 421 000	4 021 000
Other Income	0	0	233 000	0
Revenue	1 164 000	1 519 000	2 654 000	4 021 000
Cost of Goods Sold	52 000	305 000	134 000	124 000
Salary Costs	105 000	244 000	913 000	2 097 000
Depreciation	74 000	68 000	79 000	75 000
Impairment	0	0	0	0
Expenditure	928 000	1 355 000	2 186 000	4 372 000
Operating Profit	237 000	163 000	469 000	−352 000
Financial Income	0	0	0	0
Financial Costs	52 000	52 000	139 000	102 000
Financial Balance	−52 000	−52 000	−139 000	−102 000
Dividends	0	0	0	0
Net Income	144 000	87 000	257 000	−354 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	65 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	291 000	355 000	381 000	451 000
Fixtures	16 000	26 000	0	10 000
Total Tangible Assets	307 000	380 000	381 000	461 000
Total Fiancial Fixed Assets	0	0	55 000	0
Total Fixed Assets	307 000	380 000	436 000	526 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	17 000	164 000
Total Current Assets	1 093 000	832 000	781 000	913 000
Total Assets	1 399 000	1 212 000	1 217 000	1 438 000
Total Equity	213 000	69 000	−18 000	−275 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	760 000	840 000	872 000	815 000
Creditors	72 000	9 000	123 000	511 000
Unpaid Taxes	58 000	17 000	143 000	235 000
Dividends	0	0	0	0
Other Current Debt	179 000	185 000	77 000	151 000
Total Current Debt	426 000	304 000	363 000	898 000
Total Equity and Debt	1 399 000	1 212 000	1 217 000	1 438 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,61 %	126,09 %	−1 427,78 %	128,73 %
Debt-to-Equity Ratio	3,57	12,17	−48,44	−2,96
Operating Profit Margin	20,36 %	10,73 %	17,67 %	−8,75 %
Current Ratio	2,57	2,74	2,15	1,02
Quick Ratio	2,57	2,74	2,15	1,02
Equity Ratio	0,15	0,06	−0,01	−0,19
Gross Profit Margin	95,53 %	79,92 %	94,95 %	96,92 %