MWE NORDIC AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

56,57 %

Current Ratio

2,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	752 000	432 000	137 000	250 000
Net Income	168 000	49 000	−34 000	64 000
Total Assets	489 000	209 000	45 000	284 000
Total Equity	297 000	110 000	61 000	89 000

Income (NOK)	2022	2021	2020	2019
Revenue	752 000	432 000	137 000	250 000
Expenditure	542 000	371 000	176 000	169 000
Operating Profit	210 000	61 000	−39 000	81 000
Financial Income	8 000	5 000	9 000	0
Financial Costs	3 000	15 000	14 000	0
Financial Balance	5 000	−10 000	−5 000	0
Earnings Before Tax	215 000	51 000	−43 000	81 000
Tax	47 000	2 000	−10 000	17 000
Net Income	168 000	49 000	−34 000	64 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	10 000	0
Total Current Assets	489 000	209 000	36 000	284 000
Total Assets	489 000	209 000	45 000	284 000
Total Retained Equity	247 000	80 000	31 000	64 000
Total Equity	297 000	110 000	61 000	89 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	193 000	99 000	−15 000	196 000
Total Equity and Debt	489 000	209 000	45 000	284 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	752 000	432 000	137 000	250 000
Other Income	0	0	0	0
Revenue	752 000	432 000	137 000	250 000
Cost of Goods Sold	505 000	334 000	157 000	136 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	542 000	371 000	176 000	169 000
Operating Profit	210 000	61 000	−39 000	81 000
Financial Income	8 000	5 000	9 000	0
Financial Costs	3 000	15 000	14 000	0
Financial Balance	5 000	−10 000	−5 000	0
Dividends	0	0	0	0
Net Income	168 000	49 000	−34 000	64 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	10 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	10 000	0
Stock	92 000	61 000	0	0
Total Investments	0	0	0	0
Cash, Bank	384 000	115 000	23 000	84 000
Total Current Assets	489 000	209 000	36 000	284 000
Total Assets	489 000	209 000	45 000	284 000
Total Equity	297 000	110 000	61 000	89 000
Short-Term Group Debt	0	−2 000	2 000	0
Total Long-Term Debt	0	0	0	0
Creditors	33 000	43 000	0	11 000
Unpaid Taxes	112 000	57 000	14 000	139 000
Dividends	0	0	0	0
Other Current Debt	0	0	−31 000	29 000
Total Current Debt	193 000	99 000	−15 000	196 000
Total Equity and Debt	489 000	209 000	45 000	284 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,57 %	44,55 %	−55,74 %	71,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,93 %	14,12 %	−28,47 %	32,4 %
Current Ratio	2,53	2,11	−2,4	1,45
Quick Ratio	4,84	5,5	−2,4	1,45
Equity Ratio	0,61	0,53	1,36	0,31
Gross Profit Margin	32,85 %	22,69 %	−14,6 %	45,6 %