MG MONTASJE AS

2170 FENSTAD

Finances

Return on Equity

8,58 %

Current Ratio

1,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 555 000	4 879 000	4 249 000	4 903 000
Net Income	76 000	545 000	−163 000	349 000
Total Assets	1 878 000	1 497 000	1 294 000	1 733 000
Total Equity	886 000	846 000	301 000	495 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 555 000	4 879 000	4 249 000	4 903 000
Expenditure	5 455 000	4 263 000	4 404 000	4 442 000
Operating Profit	100 000	615 000	−154 000	460 000
Financial Income	0	0	1 000	1 000
Financial Costs	2 000	9 000	9 000	13 000
Financial Balance	−2 000	−9 000	−8 000	−12 000
Earnings Before Tax	98 000	606 000	−163 000	449 000
Tax	22 000	61 000	0	100 000
Net Income	76 000	545 000	−163 000	349 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	300 000	315 000	104 000	176 000
Total Current Assets	1 578 000	1 182 000	1 190 000	1 556 000
Total Assets	1 878 000	1 497 000	1 294 000	1 733 000
Total Retained Equity	856 000	816 000	271 000	471 000
Total Equity	886 000	846 000	301 000	495 000
Total Long-Term Debt	1 000	3 000	133 000	201 000
Total Current Debt	991 000	647 000	860 000	1 037 000
Total Equity and Debt	1 878 000	1 497 000	1 294 000	1 733 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 555 000	4 852 000	4 244 000	4 888 000
Other Income	0	27 000	5 000	15 000
Revenue	5 555 000	4 879 000	4 249 000	4 903 000
Cost of Goods Sold	16 000	71 000	1 000	0
Salary Costs	3 025 000	2 541 000	2 888 000	2 641 000
Depreciation	0	23 000	42 000	62 000
Impairment	0	0	0	0
Expenditure	5 455 000	4 263 000	4 404 000	4 442 000
Operating Profit	100 000	615 000	−154 000	460 000
Financial Income	0	0	1 000	1 000
Financial Costs	2 000	9 000	9 000	13 000
Financial Balance	−2 000	−9 000	−8 000	−12 000
Dividends	0	0	31 000	200 000
Net Income	76 000	545 000	−163 000	349 000

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	0	15 000	104 000	146 000
Total Tangible Assets	0	15 000	104 000	146 000
Total Fiancial Fixed Assets	300 000	300 000	0	31 000
Total Fixed Assets	300 000	315 000	104 000	176 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	909 000	1 053 000	776 000	1 372 000
Total Current Assets	1 578 000	1 182 000	1 190 000	1 556 000
Total Assets	1 878 000	1 497 000	1 294 000	1 733 000
Total Equity	886 000	846 000	301 000	495 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	3 000	133 000	201 000
Creditors	46 000	4 000	86 000	61 000
Unpaid Taxes	522 000	219 000	302 000	505 000
Dividends	0	0	31 000	200 000
Other Current Debt	399 000	331 000	473 000	371 000
Total Current Debt	991 000	647 000	860 000	1 037 000
Total Equity and Debt	1 878 000	1 497 000	1 294 000	1 733 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,58 %	64,42 %	−54,15 %	70,51 %
Debt-to-Equity Ratio	0	0	0,44	0,41
Operating Profit Margin	1,8 %	12,61 %	−3,62 %	9,38 %
Current Ratio	1,59	1,83	1,38	1,5
Quick Ratio	1,59	1,83	1,38	1,5
Equity Ratio	0,47	0,57	0,23	0,29
Gross Profit Margin	99,71 %	98,54 %	99,98 %	100 %