MNM AS

1440 DRØBAK

Finances

Share Ownership

Return on Equity

15,74 %

Current Ratio

0,11

Debt-to-Equity Ratio

−0,51

Key figures (NOK)	2021	2020	2019	2018
Revenue	6 796 000	5 231 000	5 859 000	6 002 000
Net Income	−518 000	−1 095 000	−1 035 000	−457 000
Total Assets	835 000	993 000	1 245 000	1 915 000
Total Equity	−3 290 000	−2 773 000	−1 678 000	−643 000

Income (NOK)	2021	2020	2019	2018
Revenue	6 796 000	5 231 000	5 859 000	6 002 000
Expenditure	7 299 000	6 315 000	6 893 000	6 458 000
Operating Profit	−503 000	−1 084 000	−1 034 000	−457 000
Financial Income	0	0	0	1 000
Financial Costs	15 000	11 000	1 000	1 000
Financial Balance	−15 000	−11 000	−1 000	0
Earnings Before Tax	−518 000	−1 095 000	−1 035 000	−457 000
Tax	0	0	0	0
Net Income	−518 000	−1 095 000	−1 035 000	−457 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	566 000	690 000	816 000	1 545 000
Total Current Assets	269 000	303 000	429 000	370 000
Total Assets	835 000	993 000	1 245 000	1 915 000
Total Retained Equity	−3 320 000	−2 803 000	−1 708 000	−673 000
Total Equity	−3 290 000	−2 773 000	−1 678 000	−643 000
Total Long-Term Debt	1 664 000	1 664 000	1 664 000	1 664 000
Total Current Debt	2 462 000	2 102 000	1 260 000	894 000
Total Equity and Debt	835 000	993 000	1 245 000	1 915 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	6 796 000	5 231 000	5 859 000	5 997 000
Other Income	0	0	0	5 000
Revenue	6 796 000	5 231 000	5 859 000	6 002 000
Cost of Goods Sold	2 576 000	2 624 000	2 596 000	2 866 000
Salary Costs	3 096 000	2 244 000	2 232 000	1 889 000
Depreciation	124 000	123 000	300 000	292 000
Impairment	0	0	507 000	0
Expenditure	7 299 000	6 315 000	6 893 000	6 458 000
Operating Profit	−503 000	−1 084 000	−1 034 000	−457 000
Financial Income	0	0	0	1 000
Financial Costs	15 000	11 000	1 000	1 000
Financial Balance	−15 000	−11 000	−1 000	0
Dividends	0	0	0	0
Net Income	−518 000	−1 095 000	−1 035 000	−457 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	697 000
Total Intangible Assets	0	0	0	697 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	5 000	18 000	12 000	19 000
Fixtures	561 000	672 000	801 000	829 000
Total Tangible Assets	566 000	690 000	813 000	848 000
Total Fiancial Fixed Assets	0	0	3 000	0
Total Fixed Assets	566 000	690 000	816 000	1 545 000
Stock	189 000	184 000	221 000	157 000
Total Investments	0	0	0	0
Cash, Bank	77 000	110 000	198 000	208 000
Total Current Assets	269 000	303 000	429 000	370 000
Total Assets	835 000	993 000	1 245 000	1 915 000
Total Equity	−3 290 000	−2 773 000	−1 678 000	−643 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 664 000	1 664 000	1 664 000	1 664 000
Creditors	196 000	199 000	249 000	229 000
Unpaid Taxes	276 000	192 000	234 000	148 000
Dividends	0	0	0	0
Other Current Debt	1 990 000	1 710 000	776 000	517 000
Total Current Debt	2 462 000	2 102 000	1 260 000	894 000
Total Equity and Debt	835 000	993 000	1 245 000	1 915 000

Financial indicators	2021	2020	2019	2018
Return on Equity	15,74 %	39,49 %	61,68 %	71,07 %
Debt-to-Equity Ratio	−0,51	−0,6	−0,99	−2,59
Operating Profit Margin	−7,4 %	−20,72 %	−17,65 %	−7,61 %
Current Ratio	0,11	0,14	0,34	0,41
Quick Ratio	0,12	0,16	0,41	0,5
Equity Ratio	−3,94	−2,79	−1,35	−0,34
Gross Profit Margin	62,1 %	49,84 %	55,69 %	52,25 %