MASSTERLY AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

−29,18 %

Current Ratio

3,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 142 000	12 495 000	4 744 000	431 000
Net Income	−7 932 000	−5 396 000	−4 969 000	−5 822 000
Total Assets	35 404 000	14 436 000	17 962 000	9 760 000
Total Equity	27 179 000	10 061 000	15 457 000	8 426 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 142 000	12 495 000	4 744 000	431 000
Expenditure	30 276 000	17 843 000	9 731 000	8 007 000
Operating Profit	−8 135 000	−5 348 000	−4 986 000	−7 576 000
Financial Income	224 000	10 000	23 000	114 000
Financial Costs	20 000	58 000	6 000	1 000
Financial Balance	204 000	−48 000	17 000	113 000
Earnings Before Tax	−7 932 000	−5 396 000	−4 969 000	−7 463 000
Tax	0	0	0	−1 641 000
Net Income	−7 932 000	−5 396 000	−4 969 000	−5 822 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 619 000	2 302 000	2 451 000	2 599 000
Total Current Assets	24 785 000	12 134 000	15 512 000	7 160 000
Total Assets	35 404 000	14 436 000	17 962 000	9 760 000
Total Retained Equity	−25 921 000	−17 989 000	−12 593 000	−7 624 000
Total Equity	27 179 000	10 061 000	15 457 000	8 426 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 225 000	4 375 000	2 505 000	1 333 000
Total Equity and Debt	35 404 000	14 436 000	17 962 000	9 760 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	12 495 000	4 744 000	0
Other Income	22 142 000	0	0	431 000
Revenue	22 142 000	12 495 000	4 744 000	431 000
Cost of Goods Sold	19 054 000	0	0	0
Salary Costs	6 407 000	6 195 000	2 996 000	0
Depreciation	1 357 000	149 000	149 000	33 000
Impairment	0	0	0	0
Expenditure	30 276 000	17 843 000	9 731 000	8 007 000
Operating Profit	−8 135 000	−5 348 000	−4 986 000	−7 576 000
Financial Income	224 000	10 000	23 000	114 000
Financial Costs	20 000	58 000	6 000	1 000
Financial Balance	204 000	−48 000	17 000	113 000
Dividends	0	0	0	0
Net Income	−7 932 000	−5 396 000	−4 969 000	−5 822 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 149 000	2 149 000	2 149 000	2 149 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 470 000	154 000	302 000	451 000
Total Tangible Assets	8 470 000	154 000	302 000	451 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 619 000	2 302 000	2 451 000	2 599 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 929 000	9 793 000	13 906 000	6 871 000
Total Current Assets	24 785 000	12 134 000	15 512 000	7 160 000
Total Assets	35 404 000	14 436 000	17 962 000	9 760 000
Total Equity	27 179 000	10 061 000	15 457 000	8 426 000
Short-Term Group Debt	1 147 000	349 000	297 000	0
Total Long-Term Debt	0	0	0	0
Creditors	4 462 000	371 000	0	672 000
Unpaid Taxes	303 000	1 046 000	680 000	0
Dividends	0	0	0	0
Other Current Debt	2 312 000	2 608 000	1 528 000	661 000
Total Current Debt	8 225 000	4 375 000	2 505 000	1 333 000
Total Equity and Debt	35 404 000	14 436 000	17 962 000	9 760 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,18 %	−53,63 %	−32,15 %	−69,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−36,74 %	−42,8 %	−105,1 %	−1 757,77 %
Current Ratio	3,01	2,77	6,19	5,37
Quick Ratio	3,01	2,77	6,19	5,37
Equity Ratio	0,77	0,7	0,86	0,86
Gross Profit Margin	13,95 %	100 %	100 %	100 %