MÅKESTAD LANDBRUKSSERVICE AS

5776 NÅ

Finances

Share Ownership

Return on Equity

−77,78 %

Current Ratio

0,83

Debt-to-Equity Ratio

−1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 935 000	1 655 000	1 866 000	1 275 000
Net Income	42 000	−3 000	262 000	−213 000
Total Assets	486 000	448 000	405 000	375 000
Total Equity	−54 000	−96 000	−93 000	−355 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 935 000	1 655 000	1 866 000	1 275 000
Expenditure	1 870 000	1 632 000	1 577 000	1 458 000
Operating Profit	66 000	23 000	288 000	−184 000
Financial Income	1 000	1 000	−1 000	1 000
Financial Costs	25 000	27 000	26 000	30 000
Financial Balance	−24 000	−26 000	−27 000	−29 000
Earnings Before Tax	42 000	−3 000	262 000	−213 000
Tax	0	0	0	0
Net Income	42 000	−3 000	262 000	−213 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	110 000	137 000	155 000	176 000
Total Current Assets	376 000	311 000	250 000	199 000
Total Assets	486 000	448 000	405 000	375 000
Total Retained Equity	−84 000	−126 000	−123 000	−385 000
Total Equity	−54 000	−96 000	−93 000	−355 000
Total Long-Term Debt	89 000	156 000	222 000	289 000
Total Current Debt	451 000	388 000	275 000	441 000
Total Equity and Debt	486 000	448 000	405 000	375 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 932 000	1 646 000	1 853 000	1 266 000
Other Income	3 000	9 000	12 000	9 000
Revenue	1 935 000	1 655 000	1 866 000	1 275 000
Cost of Goods Sold	981 000	793 000	702 000	639 000
Salary Costs	557 000	506 000	550 000	517 000
Depreciation	28 000	17 000	22 000	27 000
Impairment	0	0	0	0
Expenditure	1 870 000	1 632 000	1 577 000	1 458 000
Operating Profit	66 000	23 000	288 000	−184 000
Financial Income	1 000	1 000	−1 000	1 000
Financial Costs	25 000	27 000	26 000	30 000
Financial Balance	−24 000	−26 000	−27 000	−29 000
Dividends	0	0	0	0
Net Income	42 000	−3 000	262 000	−213 000

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	70 000	70 000	70 000
Fixtures	110 000	67 000	84 000	106 000
Total Tangible Assets	110 000	137 000	155 000	176 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	110 000	137 000	155 000	176 000
Stock	196 000	205 000	169 000	80 000
Total Investments	0	0	0	0
Cash, Bank	10 000	5 000	19 000	21 000
Total Current Assets	376 000	311 000	250 000	199 000
Total Assets	486 000	448 000	405 000	375 000
Total Equity	−54 000	−96 000	−93 000	−355 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	89 000	156 000	222 000	289 000
Creditors	112 000	63 000	40 000	151 000
Unpaid Taxes	74 000	47 000	59 000	62 000
Dividends	0	0	0	0
Other Current Debt	88 000	100 000	97 000	132 000
Total Current Debt	451 000	388 000	275 000	441 000
Total Equity and Debt	486 000	448 000	405 000	375 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−77,78 %	3,13 %	−281,72 %	60 %
Debt-to-Equity Ratio	−1,65	−1,63	−2,39	−0,81
Operating Profit Margin	3,41 %	1,39 %	15,43 %	−14,43 %
Current Ratio	0,83	0,8	0,91	0,45
Quick Ratio	1,47	1,7	2,36	0,55
Equity Ratio	−0,11	−0,21	−0,23	−0,95
Gross Profit Margin	49,3 %	52,08 %	62,38 %	49,88 %