MASSAWA BUTIKK AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

47,96 %

Current Ratio

2,77

Debt-to-Equity Ratio

1,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 564 000	1 532 000	1 198 000	522 000
Net Income	94 000	−2 000	136 000	−50 000
Total Assets	540 000	542 000	225 000	137 000
Total Equity	196 000	102 000	104 000	−32 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 564 000	1 532 000	1 198 000	522 000
Expenditure	1 517 000	1 516 000	1 057 000	571 000
Operating Profit	124 000	4 000	178 000	−48 000
Financial Income	1 000	2 000	1 000	0
Financial Costs	22 000	9 000	4 000	2 000
Financial Balance	−21 000	−7 000	−3 000	−2 000
Earnings Before Tax	103 000	−3 000	174 000	−50 000
Tax	9 000	−1 000	38 000	0
Net Income	94 000	−2 000	136 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	186 000	255 000	0	0
Total Current Assets	354 000	288 000	225 000	137 000
Total Assets	540 000	542 000	225 000	137 000
Total Retained Equity	175 000	80 000	82 000	−53 000
Total Equity	196 000	102 000	104 000	−32 000
Total Long-Term Debt	216 000	247 000	−14 000	0
Total Current Debt	128 000	194 000	135 000	169 000
Total Equity and Debt	540 000	542 000	225 000	137 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 564 000	1 532 000	1 198 000	522 000
Other Income	0	0	0	1 000
Revenue	1 564 000	1 532 000	1 198 000	522 000
Cost of Goods Sold	1 023 000	1 080 000	847 000	194 000
Salary Costs	118 000	179 000	0	174 000
Depreciation	60 000	10 000	0	0
Impairment	0	0	0	0
Expenditure	1 517 000	1 516 000	1 057 000	571 000
Operating Profit	124 000	4 000	178 000	−48 000
Financial Income	1 000	2 000	1 000	0
Financial Costs	22 000	9 000	4 000	2 000
Financial Balance	−21 000	−7 000	−3 000	−2 000
Dividends	0	0	0	0
Net Income	94 000	−2 000	136 000	−50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	15 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	180 000	240 000	0	0
Total Tangible Assets	180 000	240 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	186 000	255 000	0	0
Stock	223 000	126 000	127 000	82 000
Total Investments	0	0	0	0
Cash, Bank	89 000	141 000	92 000	51 000
Total Current Assets	354 000	288 000	225 000	137 000
Total Assets	540 000	542 000	225 000	137 000
Total Equity	196 000	102 000	104 000	−32 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	216 000	247 000	−14 000	0
Creditors	124 000	147 000	−2 000	26 000
Unpaid Taxes	−40 000	−19 000	37 000	34 000
Dividends	0	0	0	0
Other Current Debt	43 000	65 000	48 000	109 000
Total Current Debt	128 000	194 000	135 000	169 000
Total Equity and Debt	540 000	542 000	225 000	137 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,96 %	−1,96 %	130,77 %	156,25 %
Debt-to-Equity Ratio	1,1	2,42	−0,13	−0
Operating Profit Margin	7,93 %	0,26 %	14,86 %	−9,2 %
Current Ratio	2,77	1,48	1,67	0,81
Quick Ratio	−3,73	4,24	28,13	1,57
Equity Ratio	0,36	0,19	0,46	−0,23
Gross Profit Margin	34,59 %	29,5 %	29,3 %	62,84 %