M & TEAS TRADING AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

218,91 %

Current Ratio

0,25

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 584 000	4 210 000	513 000	97 000
Net Income	−602 000	298 000	55 000	−56 000
Total Assets	1 192 000	769 000	309 000	44 000
Total Equity	−275 000	327 000	29 000	−26 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 584 000	4 210 000	513 000	97 000
Expenditure	5 171 000	3 827 000	458 000	152 000
Operating Profit	−588 000	383 000	56 000	−56 000
Financial Income	2 000	0	0	0
Financial Costs	16 000	0	0	0
Financial Balance	−14 000	0	0	0
Earnings Before Tax	−602 000	382 000	55 000	−56 000
Tax	0	84 000	0	0
Net Income	−602 000	298 000	55 000	−56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	821 000	135 000	134 000	28 000
Total Current Assets	371 000	635 000	175 000	16 000
Total Assets	1 192 000	769 000	309 000	44 000
Total Retained Equity	−305 000	297 000	−1 000	−56 000
Total Equity	−275 000	327 000	29 000	−26 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 467 000	442 000	280 000	70 000
Total Equity and Debt	1 192 000	769 000	309 000	44 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 415 000	4 205 000	526 000	97 000
Other Income	169 000	6 000	−13 000	0
Revenue	4 584 000	4 210 000	513 000	97 000
Cost of Goods Sold	1 079 000	1 219 000	172 000	60 000
Salary Costs	1 941 000	1 442 000	21 000	11 000
Depreciation	192 000	21 000	5 000	7 000
Impairment	0	0	0	0
Expenditure	5 171 000	3 827 000	458 000	152 000
Operating Profit	−588 000	383 000	56 000	−56 000
Financial Income	2 000	0	0	0
Financial Costs	16 000	0	0	0
Financial Balance	−14 000	0	0	0
Dividends	0	0	0	0
Net Income	−602 000	298 000	55 000	−56 000

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	741 000	85 000	84 000	28 000
Total Tangible Assets	741 000	85 000	84 000	28 000
Total Fiancial Fixed Assets	80 000	50 000	50 000	0
Total Fixed Assets	821 000	135 000	134 000	28 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	351 000	635 000	175 000	15 000
Total Current Assets	371 000	635 000	175 000	16 000
Total Assets	1 192 000	769 000	309 000	44 000
Total Equity	−275 000	327 000	29 000	−26 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	303 000	−18 000	0	0
Unpaid Taxes	116 000	149 000	14 000	0
Dividends	0	0	0	0
Other Current Debt	1 048 000	227 000	266 000	70 000
Total Current Debt	1 467 000	442 000	280 000	70 000
Total Equity and Debt	1 192 000	769 000	309 000	44 000

Financial indicators	2022	2021	2020	2019
Return on Equity	218,91 %	91,13 %	189,66 %	215,38 %
Debt-to-Equity Ratio	−0	0	0	−0
Operating Profit Margin	−12,83 %	9,1 %	10,92 %	−57,73 %
Current Ratio	0,25	1,44	0,63	0,23
Quick Ratio	0,25	1,44	0,63	0,23
Equity Ratio	−0,23	0,43	0,09	−0,59
Gross Profit Margin	76,46 %	71,05 %	66,47 %	38,14 %