M. SOLBERG MASKIN AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

124,69 %

Current Ratio

2,2

Debt-to-Equity Ratio

−5,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	196 000	296 000	196 000	141 000
Net Income	−101 000	−12 000	−19 000	21 000
Total Assets	374 000	486 000	70 000	85 000
Total Equity	−81 000	20 000	32 000	51 000

Income (NOK)	2022	2021	2020	2019
Revenue	196 000	296 000	196 000	141 000
Expenditure	286 000	299 000	220 000	114 000
Operating Profit	−90 000	−4 000	−24 000	26 000
Financial Income	0	0	0	0
Financial Costs	11 000	9 000	0	0
Financial Balance	−11 000	−9 000	0	0
Earnings Before Tax	−101 000	−13 000	−24 000	27 000
Tax	0	−1 000	−5 000	6 000
Net Income	−101 000	−12 000	−19 000	21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	351 000	391 000	14 000	15 000
Total Current Assets	22 000	95 000	57 000	70 000
Total Assets	374 000	486 000	70 000	85 000
Total Retained Equity	−111 000	−10 000	2 000	21 000
Total Equity	−81 000	20 000	32 000	51 000
Total Long-Term Debt	445 000	439 000	1 000	0
Total Current Debt	10 000	27 000	38 000	34 000
Total Equity and Debt	374 000	486 000	70 000	85 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	196 000	296 000	196 000	141 000
Other Income	0	0	0	0
Revenue	196 000	296 000	196 000	141 000
Cost of Goods Sold	0	7 000	0	0
Salary Costs	3 000	3 000	3 000	2 000
Depreciation	83 000	46 000	2 000	2 000
Impairment	0	0	0	0
Expenditure	286 000	299 000	220 000	114 000
Operating Profit	−90 000	−4 000	−24 000	26 000
Financial Income	0	0	0	0
Financial Costs	11 000	9 000	0	0
Financial Balance	−11 000	−9 000	0	0
Dividends	0	0	0	0
Net Income	−101 000	−12 000	−19 000	21 000

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	256 000	331 000	0	0
Fixtures	95 000	59 000	14 000	15 000
Total Tangible Assets	351 000	391 000	14 000	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	351 000	391 000	14 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	62 000	11 000	50 000
Total Current Assets	22 000	95 000	57 000	70 000
Total Assets	374 000	486 000	70 000	85 000
Total Equity	−81 000	20 000	32 000	51 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	445 000	439 000	1 000	0
Creditors	10 000	27 000	38 000	29 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	10 000	27 000	38 000	34 000
Total Equity and Debt	374 000	486 000	70 000	85 000

Financial indicators	2022	2021	2020	2019
Return on Equity	124,69 %	−60 %	−59,38 %	41,18 %
Debt-to-Equity Ratio	−5,49	21,95	0,03	0
Operating Profit Margin	−45,92 %	−1,35 %	−12,24 %	18,44 %
Current Ratio	2,2	3,52	1,5	2,06
Quick Ratio	2,2	3,52	1,5	2,06
Equity Ratio	−0,22	0,04	0,46	0,6
Gross Profit Margin	100 %	97,64 %	100 %	100 %