MMABS AS

5410 SAGVÅG

Finances

Return on Equity

−45,71 %

Current Ratio

0,79

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 786 000	2 003 000	1 927 000	2 613 000
Net Income	−48 000	317 000	75 000	554 000
Total Assets	418 000	833 000	596 000	1 155 000
Total Equity	105 000	153 000	326 000	701 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 786 000	2 003 000	1 927 000	2 613 000
Expenditure	1 780 000	1 619 000	1 831 000	1 897 000
Operating Profit	4 000	388 000	96 000	716 000
Financial Income	8 000	15 000	1 000	0
Financial Costs	60 000	−2 000	0	3 000
Financial Balance	−52 000	17 000	1 000	−3 000
Earnings Before Tax	−48 000	404 000	97 000	714 000
Tax	0	87 000	21 000	159 000
Net Income	−48 000	317 000	75 000	554 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	179 000	239 000	246 000	221 000
Total Current Assets	239 000	594 000	350 000	934 000
Total Assets	418 000	833 000	596 000	1 155 000
Total Retained Equity	92 000	140 000	313 000	688 000
Total Equity	105 000	153 000	326 000	701 000
Total Long-Term Debt	10 000	13 000	12 000	11 000
Total Current Debt	303 000	667 000	257 000	443 000
Total Equity and Debt	418 000	833 000	596 000	1 155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 786 000	2 003 000	1 927 000	2 613 000
Other Income	0	0	0	0
Revenue	1 786 000	2 003 000	1 927 000	2 613 000
Cost of Goods Sold	121 000	76 000	89 000	108 000
Salary Costs	1 118 000	1 182 000	966 000	1 063 000
Depreciation	35 000	28 000	27 000	25 000
Impairment	0	0	0	0
Expenditure	1 780 000	1 619 000	1 831 000	1 897 000
Operating Profit	4 000	388 000	96 000	716 000
Financial Income	8 000	15 000	1 000	0
Financial Costs	60 000	−2 000	0	3 000
Financial Balance	−52 000	17 000	1 000	−3 000
Dividends	0	490 000	450 000	551 000
Net Income	−48 000	317 000	75 000	554 000

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	14 000	26 000	0	0
Fixtures	105 000	128 000	146 000	173 000
Total Tangible Assets	119 000	154 000	146 000	173 000
Total Fiancial Fixed Assets	60 000	85 000	100 000	48 000
Total Fixed Assets	179 000	239 000	246 000	221 000
Stock	9 000	11 000	0	0
Total Investments	−16 000	102 000	0	0
Cash, Bank	99 000	277 000	165 000	746 000
Total Current Assets	239 000	594 000	350 000	934 000
Total Assets	418 000	833 000	596 000	1 155 000
Total Equity	105 000	153 000	326 000	701 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	13 000	12 000	11 000
Creditors	35 000	41 000	29 000	35 000
Unpaid Taxes	158 000	104 000	122 000	145 000
Dividends	0	490 000	450 000	551 000
Other Current Debt	107 000	134 000	86 000	106 000
Total Current Debt	303 000	667 000	257 000	443 000
Total Equity and Debt	418 000	833 000	596 000	1 155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,71 %	207,19 %	23,01 %	79,03 %
Debt-to-Equity Ratio	0,1	0,08	0,04	0,02
Operating Profit Margin	0,22 %	19,37 %	4,98 %	27,4 %
Current Ratio	0,79	0,89	1,36	2,11
Quick Ratio	0,81	0,91	1,36	2,11
Equity Ratio	0,25	0,18	0,55	0,61
Gross Profit Margin	93,23 %	96,21 %	95,38 %	95,87 %