MK DRILLING AND WELLS AS

4070 RANDABERG

Finances

Share Ownership

Return on Equity

89,03 %

Current Ratio

3,01

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 121 000	2 631 000	2 323 000	2 174 000
Net Income	1 290 000	1 108 000	804 000	721 000
Total Assets	2 572 000	2 248 000	1 680 000	1 974 000
Total Equity	1 449 000	159 000	31 000	52 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 121 000	2 631 000	2 323 000	2 174 000
Expenditure	1 280 000	1 339 000	1 369 000	1 242 000
Operating Profit	1 841 000	1 292 000	955 000	931 000
Financial Income	0	103 000	64 000	0
Financial Costs	148 000	4 000	6 000	7 000
Financial Balance	−148 000	99 000	58 000	−7 000
Earnings Before Tax	1 693 000	1 392 000	1 013 000	925 000
Tax	403 000	283 000	209 000	204 000
Net Income	1 290 000	1 108 000	804 000	721 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	272 000	1 289 000	896 000	693 000
Total Current Assets	2 300 000	959 000	784 000	1 281 000
Total Assets	2 572 000	2 248 000	1 680 000	1 974 000
Total Retained Equity	1 419 000	129 000	1 000	22 000
Total Equity	1 449 000	159 000	31 000	52 000
Total Long-Term Debt	358 000	489 000	618 000	742 000
Total Current Debt	765 000	1 600 000	1 031 000	1 180 000
Total Equity and Debt	2 572 000	2 248 000	1 680 000	1 974 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 121 000	2 631 000	2 323 000	2 174 000
Other Income	0	0	0	0
Revenue	3 121 000	2 631 000	2 323 000	2 174 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 023 000	1 079 000	1 107 000	1 010 000
Depreciation	140 000	140 000	140 000	140 000
Impairment	0	0	0	0
Expenditure	1 280 000	1 339 000	1 369 000	1 242 000
Operating Profit	1 841 000	1 292 000	955 000	931 000
Financial Income	0	103 000	64 000	0
Financial Costs	148 000	4 000	6 000	7 000
Financial Balance	−148 000	99 000	58 000	−7 000
Dividends	0	980 000	825 000	700 000
Net Income	1 290 000	1 108 000	804 000	721 000

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	272 000	412 000	553 000	693 000
Total Tangible Assets	272 000	412 000	553 000	693 000
Total Fiancial Fixed Assets	0	877 000	343 000	0
Total Fixed Assets	272 000	1 289 000	896 000	693 000
Stock	0	0	0	0
Total Investments	1 337 000	0	0	0
Cash, Bank	195 000	293 000	314 000	801 000
Total Current Assets	2 300 000	959 000	784 000	1 281 000
Total Assets	2 572 000	2 248 000	1 680 000	1 974 000
Total Equity	1 449 000	159 000	31 000	52 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	358 000	489 000	618 000	742 000
Creditors	39 000	38 000	28 000	16 000
Unpaid Taxes	217 000	204 000	170 000	166 000
Dividends	0	980 000	825 000	700 000
Other Current Debt	90 000	82 000	91 000	92 000
Total Current Debt	765 000	1 600 000	1 031 000	1 180 000
Total Equity and Debt	2 572 000	2 248 000	1 680 000	1 974 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,03 %	696,86 %	2 593,55 %	1 386,54 %
Debt-to-Equity Ratio	0,25	3,08	19,94	14,27
Operating Profit Margin	58,99 %	49,11 %	41,11 %	42,82 %
Current Ratio	3,01	0,6	0,76	1,09
Quick Ratio	3,01	0,6	0,76	1,09
Equity Ratio	0,56	0,07	0,02	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %