M3 CFO SERVICES AS

3470 SLEMMESTAD

Finances

Share Ownership

Return on Equity

82,06 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 770 000	2 500 000	563 000
Net Income	215 000	25 000	−3 000
Total Assets	683 000	269 000	58 000
Total Equity	262 000	47 000	22 000

Income (NOK)	2022	2021	2020
Revenue	2 770 000	2 500 000	563 000
Expenditure	2 494 000	2 470 000	566 000
Operating Profit	276 000	30 000	−3 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	276 000	30 000	−3 000
Tax	61 000	5 000	0
Net Income	215 000	25 000	−3 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	683 000	269 000	58 000
Total Assets	683 000	269 000	58 000
Total Retained Equity	232 000	17 000	−8 000
Total Equity	262 000	47 000	22 000
Total Long-Term Debt	0	0	0
Total Current Debt	421 000	222 000	37 000
Total Equity and Debt	683 000	269 000	58 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 770 000	2 500 000	563 000
Other Income	0	0	0
Revenue	2 770 000	2 500 000	563 000
Cost of Goods Sold	0	1 000	0
Salary Costs	1 140 000	1 305 000	191 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	2 494 000	2 470 000	566 000
Operating Profit	276 000	30 000	−3 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	215 000	25 000	−3 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	64 000	119 000	43 000
Total Current Assets	683 000	269 000	58 000
Total Assets	683 000	269 000	58 000
Total Equity	262 000	47 000	22 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	34 000	18 000	47 000
Unpaid Taxes	171 000	189 000	12 000
Dividends	0	0	0
Other Current Debt	150 000	10 000	−22 000
Total Current Debt	421 000	222 000	37 000
Total Equity and Debt	683 000	269 000	58 000

Financial indicators	2022	2021	2020
Return on Equity	82,06 %	53,19 %	−13,64 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	9,96 %	1,2 %	−0,53 %
Current Ratio	1,62	1,21	1,57
Quick Ratio	1,62	1,21	1,57
Equity Ratio	0,38	0,17	0,38
Gross Profit Margin	100 %	99,96 %	100 %