M3CARGO AS

9700 LAKSELV

Finances

Return on Equity

69,78 %

Current Ratio

1,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	367 134 000	211 694 000	145 505 000	36 815 000
Net Income	7 487 000	5 195 000	3 374 000	91 000
Total Assets	47 407 000	32 643 000	17 782 000	9 598 000
Total Equity	10 729 000	6 242 000	4 070 000	696 000

Income (NOK)	2022	2021	2020	2019
Revenue	367 134 000	211 694 000	145 505 000	36 815 000
Expenditure	357 464 000	205 133 000	140 940 000	36 638 000
Operating Profit	9 671 000	6 561 000	4 564 000	178 000
Financial Income	1 064 000	446 000	325 000	95 000
Financial Costs	1 123 000	331 000	560 000	158 000
Financial Balance	−59 000	115 000	−235 000	−63 000
Earnings Before Tax	9 611 000	6 676 000	4 330 000	114 000
Tax	2 125 000	1 480 000	956 000	23 000
Net Income	7 487 000	5 195 000	3 374 000	91 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 254 000	1 037 000	897 000	801 000
Total Current Assets	46 153 000	31 606 000	16 884 000	8 797 000
Total Assets	47 407 000	32 643 000	17 782 000	9 598 000
Total Retained Equity	10 249 000	5 763 000	3 465 000	91 000
Total Equity	10 729 000	6 242 000	4 070 000	696 000
Total Long-Term Debt	0	96 000	0	0
Total Current Debt	36 678 000	26 304 000	13 712 000	8 903 000
Total Equity and Debt	47 407 000	32 643 000	17 782 000	9 598 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	366 810 000	211 548 000	145 471 000	36 790 000
Other Income	324 000	146 000	33 000	25 000
Revenue	367 134 000	211 694 000	145 505 000	36 815 000
Cost of Goods Sold	344 071 000	190 494 000	135 833 000	33 680 000
Salary Costs	9 174 000	12 914 000	3 272 000	1 656 000
Depreciation	164 000	193 000	116 000	52 000
Impairment	0	0	0	0
Expenditure	357 464 000	205 133 000	140 940 000	36 638 000
Operating Profit	9 671 000	6 561 000	4 564 000	178 000
Financial Income	1 064 000	446 000	325 000	95 000
Financial Costs	1 123 000	331 000	560 000	158 000
Financial Balance	−59 000	115 000	−235 000	−63 000
Dividends	0	0	0	0
Net Income	7 487 000	5 195 000	3 374 000	91 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	338 000	0	124 000	36 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	375 000	434 000	492 000	551 000
Fixtures	93 000	602 000	280 000	212 000
Total Tangible Assets	468 000	1 036 000	772 000	763 000
Total Fiancial Fixed Assets	447 000	2 000	2 000	2 000
Total Fixed Assets	1 254 000	1 037 000	897 000	801 000
Stock	0	0	32 000	86 000
Total Investments	0	0	0	0
Cash, Bank	10 663 000	8 703 000	6 892 000	2 774 000
Total Current Assets	46 153 000	31 606 000	16 884 000	8 797 000
Total Assets	47 407 000	32 643 000	17 782 000	9 598 000
Total Equity	10 729 000	6 242 000	4 070 000	696 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	96 000	0	0
Creditors	23 463 000	16 673 000	6 138 000	3 752 000
Unpaid Taxes	419 000	497 000	181 000	332 000
Dividends	0	0	0	0
Other Current Debt	10 238 000	7 874 000	6 350 000	4 760 000
Total Current Debt	36 678 000	26 304 000	13 712 000	8 903 000
Total Equity and Debt	47 407 000	32 643 000	17 782 000	9 598 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,78 %	83,23 %	82,9 %	13,07 %
Debt-to-Equity Ratio	0	0,02	0	0
Operating Profit Margin	2,63 %	3,1 %	3,14 %	0,48 %
Current Ratio	1,26	1,2	1,23	0,99
Quick Ratio	1,26	1,2	1,23	1
Equity Ratio	0,23	0,19	0,23	0,07
Gross Profit Margin	6,28 %	10,01 %	6,65 %	8,52 %