MG VAREHUS AS

9405 HARSTAD

Finances

Share Ownership

Return on Equity

265,89 %

Current Ratio

3,05

Debt-to-Equity Ratio

−22,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 488 000	7 015 000	5 449 000	8 007 000
Net Income	−912 000	−543 000	−92 000	−610 000
Total Assets	9 798 000	9 407 000	7 170 000	7 176 000
Total Equity	−343 000	570 000	−418 000	−326 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 488 000	7 015 000	5 449 000	8 007 000
Expenditure	9 372 000	7 504 000	5 413 000	8 419 000
Operating Profit	−883 000	−489 000	36 000	−412 000
Financial Income	15 000	27 000	0	1 000
Financial Costs	44 000	81 000	128 000	199 000
Financial Balance	−29 000	−54 000	−128 000	−198 000
Earnings Before Tax	−912 000	−543 000	−92 000	−610 000
Tax	0	0	0	0
Net Income	−912 000	−543 000	−92 000	−610 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 286 000	2 500 000	2 715 000	2 893 000
Total Current Assets	7 512 000	6 906 000	4 455 000	4 283 000
Total Assets	9 798 000	9 407 000	7 170 000	7 176 000
Total Retained Equity	−1 143 000	−230 000	−1 218 000	−1 126 000
Total Equity	−343 000	570 000	−418 000	−326 000
Total Long-Term Debt	7 678 000	7 591 000	6 293 000	4 963 000
Total Current Debt	2 463 000	1 246 000	1 295 000	2 540 000
Total Equity and Debt	9 798 000	9 407 000	7 170 000	7 176 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 953 000	6 393 000	4 778 000	7 371 000
Other Income	−465 000	622 000	671 000	636 000
Revenue	8 488 000	7 015 000	5 449 000	8 007 000
Cost of Goods Sold	4 973 000	4 021 000	2 450 000	4 136 000
Salary Costs	1 149 000	871 000	849 000	2 235 000
Depreciation	215 000	215 000	213 000	197 000
Impairment	0	0	0	0
Expenditure	9 372 000	7 504 000	5 413 000	8 419 000
Operating Profit	−883 000	−489 000	36 000	−412 000
Financial Income	15 000	27 000	0	1 000
Financial Costs	44 000	81 000	128 000	199 000
Financial Balance	−29 000	−54 000	−128 000	−198 000
Dividends	0	0	0	0
Net Income	−912 000	−543 000	−92 000	−610 000

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	2 286 000	2 500 000	2 715 000	2 893 000
Total Tangible Assets	2 286 000	2 500 000	2 715 000	2 893 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 286 000	2 500 000	2 715 000	2 893 000
Stock	6 604 000	5 651 000	3 925 000	2 600 000
Total Investments	0	0	0	0
Cash, Bank	36 000	387 000	369 000	621 000
Total Current Assets	7 512 000	6 906 000	4 455 000	4 283 000
Total Assets	9 798 000	9 407 000	7 170 000	7 176 000
Total Equity	−343 000	570 000	−418 000	−326 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 678 000	7 591 000	6 293 000	4 963 000
Creditors	1 747 000	662 000	877 000	2 014 000
Unpaid Taxes	203 000	210 000	112 000	151 000
Dividends	0	0	0	0
Other Current Debt	512 000	374 000	307 000	375 000
Total Current Debt	2 463 000	1 246 000	1 295 000	2 540 000
Total Equity and Debt	9 798 000	9 407 000	7 170 000	7 176 000

Financial indicators	2022	2021	2020	2019
Return on Equity	265,89 %	−95,26 %	22,01 %	187,12 %
Debt-to-Equity Ratio	−22,38	13,32	−15,06	−15,22
Operating Profit Margin	−10,4 %	−6,97 %	0,66 %	−5,15 %
Current Ratio	3,05	5,54	3,44	1,69
Quick Ratio	−1,81	−1,57	−1,69	−71,38
Equity Ratio	−0,04	0,06	−0,06	−0,05
Gross Profit Margin	41,41 %	42,68 %	55,04 %	48,35 %