MCGARAGE AS

1466 STRØMMEN

Finances

Share Ownership

Return on Equity

30,4 %

Current Ratio

1,52

Debt-to-Equity Ratio

1,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 267 000	19 398 000	10 329 000	224 000
Net Income	107 000	−43 000	342 000	−104 000
Total Assets	1 800 000	971 000	630 000	58 000
Total Equity	352 000	245 000	278 000	−65 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 267 000	19 398 000	10 329 000	224 000
Expenditure	16 147 000	19 377 000	9 901 000	328 000
Operating Profit	119 000	21 000	428 000	−104 000
Financial Income	20 000	0	0	0
Financial Costs	29 000	35 000	22 000	0
Financial Balance	−9 000	−35 000	−22 000	0
Earnings Before Tax	111 000	−15 000	406 000	−104 000
Tax	4 000	29 000	64 000	0
Net Income	107 000	−43 000	342 000	−104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	568 000	302 000	122 000	0
Total Current Assets	1 232 000	670 000	508 000	58 000
Total Assets	1 800 000	971 000	630 000	58 000
Total Retained Equity	302 000	195 000	239 000	−104 000
Total Equity	352 000	245 000	278 000	−65 000
Total Long-Term Debt	638 000	363 000	0	0
Total Current Debt	810 000	363 000	352 000	122 000
Total Equity and Debt	1 800 000	971 000	630 000	58 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 043 000	18 747 000	10 253 000	224 000
Other Income	224 000	652 000	76 000	0
Revenue	16 267 000	19 398 000	10 329 000	224 000
Cost of Goods Sold	13 558 000	17 022 000	8 784 000	205 000
Salary Costs	835 000	808 000	304 000	0
Depreciation	112 000	75 000	38 000	0
Impairment	0	0	0	0
Expenditure	16 147 000	19 377 000	9 901 000	328 000
Operating Profit	119 000	21 000	428 000	−104 000
Financial Income	20 000	0	0	0
Financial Costs	29 000	35 000	22 000	0
Financial Balance	−9 000	−35 000	−22 000	0
Dividends	0	0	0	0
Net Income	107 000	−43 000	342 000	−104 000

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	568 000	302 000	122 000	0
Total Tangible Assets	568 000	302 000	122 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	568 000	302 000	122 000	0
Stock	753 000	541 000	315 000	29 000
Total Investments	0	0	0	0
Cash, Bank	297 000	103 000	133 000	27 000
Total Current Assets	1 232 000	670 000	508 000	58 000
Total Assets	1 800 000	971 000	630 000	58 000
Total Equity	352 000	245 000	278 000	−65 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	638 000	363 000	0	0
Creditors	408 000	65 000	12 000	12 000
Unpaid Taxes	143 000	12 000	50 000	0
Dividends	0	0	0	0
Other Current Debt	255 000	258 000	226 000	110 000
Total Current Debt	810 000	363 000	352 000	122 000
Total Equity and Debt	1 800 000	971 000	630 000	58 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,4 %	−17,55 %	123,02 %	160 %
Debt-to-Equity Ratio	1,81	1,48	0	−0
Operating Profit Margin	0,73 %	0,11 %	4,14 %	−46,43 %
Current Ratio	1,52	1,85	1,44	0,48
Quick Ratio	21,61	−3,76	13,73	0,62
Equity Ratio	0,2	0,25	0,44	−1,12
Gross Profit Margin	16,65 %	12,25 %	14,96 %	8,48 %