MYRTELS AS

6016 ÅLESUND

Finances

Share Ownership

Return on Equity

−35,6 %

Current Ratio

1,71

Debt-to-Equity Ratio

0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 061 000	1 146 000	1 081 000	239 000
Net Income	−68 000	59 000	50 000	111 000
Total Assets	653 000	434 000	367 000	251 000
Total Equity	191 000	259 000	200 000	150 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 061 000	1 146 000	1 081 000	239 000
Expenditure	1 143 000	1 069 000	1 017 000	97 000
Operating Profit	−81 000	76 000	64 000	142 000
Financial Income	0	0	0	0
Financial Costs	6 000	0	0	0
Financial Balance	−6 000	0	0	0
Earnings Before Tax	−88 000	76 000	64 000	142 000
Tax	−19 000	17 000	14 000	31 000
Net Income	−68 000	59 000	50 000	111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 000	0	0	0
Total Current Assets	592 000	434 000	367 000	251 000
Total Assets	653 000	434 000	367 000	251 000
Total Retained Equity	152 000	220 000	161 000	111 000
Total Equity	191 000	259 000	200 000	150 000
Total Long-Term Debt	116 000	0	0	0
Total Current Debt	347 000	175 000	167 000	101 000
Total Equity and Debt	653 000	434 000	367 000	251 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 061 000	1 146 000	1 081 000	239 000
Other Income	0	0	0	0
Revenue	1 061 000	1 146 000	1 081 000	239 000
Cost of Goods Sold	208 000	128 000	91 000	3 000
Salary Costs	763 000	792 000	746 000	62 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 143 000	1 069 000	1 017 000	97 000
Operating Profit	−81 000	76 000	64 000	142 000
Financial Income	0	0	0	0
Financial Costs	6 000	0	0	0
Financial Balance	−6 000	0	0	0
Dividends	0	0	0	0
Net Income	−68 000	59 000	50 000	111 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	0	0	0
Total Tangible Assets	42 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	62 000	0	0	0
Stock	30 000	38 000	40 000	11 000
Total Investments	0	0	0	0
Cash, Bank	507 000	396 000	323 000	237 000
Total Current Assets	592 000	434 000	367 000	251 000
Total Assets	653 000	434 000	367 000	251 000
Total Equity	191 000	259 000	200 000	150 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	116 000	0	0	0
Creditors	198 000	0	12 000	0
Unpaid Taxes	65 000	87 000	83 000	64 000
Dividends	0	0	0	0
Other Current Debt	84 000	71 000	58 000	5 000
Total Current Debt	347 000	175 000	167 000	101 000
Total Equity and Debt	653 000	434 000	367 000	251 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−35,6 %	22,78 %	25 %	74 %
Debt-to-Equity Ratio	0,61	0	0	0
Operating Profit Margin	−7,63 %	6,63 %	5,92 %	59,41 %
Current Ratio	1,71	2,48	2,2	2,49
Quick Ratio	1,87	3,17	2,89	2,79
Equity Ratio	0,29	0,6	0,54	0,6
Gross Profit Margin	80,4 %	88,83 %	91,58 %	98,74 %