MASTER MAT AS

6003 ÅLESUND

Finances

Share Ownership

Return on Equity

41,94 %

Current Ratio

0,71

Debt-to-Equity Ratio

−0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 905 000	2 568 000	1 972 000	1 936 000
Net Income	−104 000	26 000	−2 000	−197 000
Total Assets	893 000	596 000	411 000	324 000
Total Equity	−248 000	−144 000	−170 000	−168 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 905 000	2 568 000	1 972 000	1 936 000
Expenditure	3 007 000	2 540 000	1 969 000	2 130 000
Operating Profit	−102 000	27 000	3 000	−194 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	5 000	3 000
Financial Balance	−2 000	−1 000	−5 000	−3 000
Earnings Before Tax	−104 000	26 000	−2 000	−197 000
Tax	0	0	0	0
Net Income	−104 000	26 000	−2 000	−197 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	115 000	58 000	0	0
Total Current Assets	778 000	538 000	411 000	324 000
Total Assets	893 000	596 000	411 000	324 000
Total Retained Equity	−278 000	−174 000	−200 000	−198 000
Total Equity	−248 000	−144 000	−170 000	−168 000
Total Long-Term Debt	50 000	0	0	0
Total Current Debt	1 091 000	740 000	581 000	492 000
Total Equity and Debt	893 000	596 000	411 000	324 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 905 000	2 568 000	1 972 000	1 936 000
Other Income	0	0	0	0
Revenue	2 905 000	2 568 000	1 972 000	1 936 000
Cost of Goods Sold	1 248 000	1 270 000	874 000	970 000
Salary Costs	1 210 000	784 000	753 000	829 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 007 000	2 540 000	1 969 000	2 130 000
Operating Profit	−102 000	27 000	3 000	−194 000
Financial Income	0	0	0	0
Financial Costs	2 000	1 000	5 000	3 000
Financial Balance	−2 000	−1 000	−5 000	−3 000
Dividends	0	0	0	0
Net Income	−104 000	26 000	−2 000	−197 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	115 000	58 000	0	0
Total Fixed Assets	115 000	58 000	0	0
Stock	532 000	271 000	166 000	0
Total Investments	0	0	0	0
Cash, Bank	218 000	229 000	149 000	284 000
Total Current Assets	778 000	538 000	411 000	324 000
Total Assets	893 000	596 000	411 000	324 000
Total Equity	−248 000	−144 000	−170 000	−168 000
Short-Term Group Debt	405 000	350 000	244 000	151 000
Total Long-Term Debt	50 000	0	0	0
Creditors	484 000	204 000	154 000	181 000
Unpaid Taxes	202 000	186 000	183 000	155 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 091 000	740 000	581 000	492 000
Total Equity and Debt	893 000	596 000	411 000	324 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,94 %	−18,06 %	1,18 %	117,26 %
Debt-to-Equity Ratio	−0,2	−0	−0	−0
Operating Profit Margin	−3,51 %	1,05 %	0,15 %	−10,02 %
Current Ratio	0,71	0,73	0,71	0,66
Quick Ratio	1,39	1,15	0,99	0,66
Equity Ratio	−0,28	−0,24	−0,41	−0,52
Gross Profit Margin	57,04 %	50,55 %	55,68 %	49,9 %