MICHAEL & SARA AS

0184 OSLO

Finances

Share Ownership

Return on Equity

2,82 %

Current Ratio

1,49

Debt-to-Equity Ratio

4,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 348 000	2 008 000	2 474 000	3 500 000
Net Income	2 000	−33 000	28 000	8 000
Total Assets	945 000	1 030 000	1 578 000	1 581 000
Total Equity	71 000	69 000	102 000	74 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 348 000	2 008 000	2 474 000	3 500 000
Expenditure	2 312 000	2 038 000	2 425 000	3 466 000
Operating Profit	36 000	−30 000	50 000	34 000
Financial Income	0	0	0	0
Financial Costs	32 000	6 000	14 000	23 000
Financial Balance	−32 000	−6 000	−14 000	−23 000
Earnings Before Tax	3 000	−37 000	35 000	11 000
Tax	2 000	−4 000	8 000	2 000
Net Income	2 000	−33 000	28 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	94 000	132 000	317 000	209 000
Total Current Assets	851 000	897 000	1 261 000	1 371 000
Total Assets	945 000	1 030 000	1 578 000	1 581 000
Total Retained Equity	50 000	48 000	81 000	53 000
Total Equity	71 000	69 000	102 000	74 000
Total Long-Term Debt	304 000	0	4 000	7 000
Total Current Debt	570 000	961 000	1 473 000	1 500 000
Total Equity and Debt	945 000	1 030 000	1 578 000	1 581 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 311 000	1 612 000	2 167 000	3 500 000
Other Income	36 000	396 000	308 000	0
Revenue	2 348 000	2 008 000	2 474 000	3 500 000
Cost of Goods Sold	553 000	498 000	690 000	1 153 000
Salary Costs	298 000	176 000	339 000	573 000
Depreciation	38 000	38 000	38 000	38 000
Impairment	0	0	0	0
Expenditure	2 312 000	2 038 000	2 425 000	3 466 000
Operating Profit	36 000	−30 000	50 000	34 000
Financial Income	0	0	0	0
Financial Costs	32 000	6 000	14 000	23 000
Financial Balance	−32 000	−6 000	−14 000	−23 000
Dividends	0	0	0	0
Net Income	2 000	−33 000	28 000	8 000

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	26 000	64 000	102 000	141 000
Total Tangible Assets	26 000	64 000	102 000	141 000
Total Fiancial Fixed Assets	69 000	69 000	215 000	69 000
Total Fixed Assets	94 000	132 000	317 000	209 000
Stock	478 000	707 000	921 000	1 060 000
Total Investments	0	0	0	0
Cash, Bank	186 000	77 000	170 000	154 000
Total Current Assets	851 000	897 000	1 261 000	1 371 000
Total Assets	945 000	1 030 000	1 578 000	1 581 000
Total Equity	71 000	69 000	102 000	74 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	304 000	0	4 000	7 000
Creditors	155 000	370 000	719 000	374 000
Unpaid Taxes	97 000	39 000	7 000	200 000
Dividends	0	0	0	0
Other Current Debt	284 000	478 000	624 000	771 000
Total Current Debt	570 000	961 000	1 473 000	1 500 000
Total Equity and Debt	945 000	1 030 000	1 578 000	1 581 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,82 %	−47,83 %	27,45 %	10,81 %
Debt-to-Equity Ratio	4,28	0	0,04	0,09
Operating Profit Margin	1,53 %	−1,49 %	2,02 %	0,97 %
Current Ratio	1,49	0,93	0,86	0,91
Quick Ratio	9,25	3,53	2,28	3,12
Equity Ratio	0,08	0,07	0,06	0,05
Gross Profit Margin	76,45 %	75,2 %	72,11 %	67,06 %