MRS VOLCANO AS

3115 TØNSBERG

Finances

Share Ownership

Return on Equity

402,27 %

Current Ratio

0,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	6 976 000	703 000	344 000
Net Income	354 000	−186 000	−6 000
Total Assets	1 472 000	954 000	374 000
Total Equity	88 000	−168 000	18 000

Income (NOK)	2022	2021	2020
Revenue	6 976 000	703 000	344 000
Expenditure	4 351 000	943 000	350 000
Operating Profit	458 000	−240 000	−6 000
Financial Income	0	0	0
Financial Costs	4 000	1 000	0
Financial Balance	−4 000	−1 000	0
Earnings Before Tax	454 000	−240 000	−6 000
Tax	100 000	−54 000	0
Net Income	354 000	−186 000	−6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	197 000	177 000	30 000
Total Current Assets	1 274 000	777 000	344 000
Total Assets	1 472 000	954 000	374 000
Total Retained Equity	58 000	−198 000	−6 000
Total Equity	88 000	−168 000	18 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 384 000	1 122 000	355 000
Total Equity and Debt	1 472 000	954 000	374 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 891 000	703 000	344 000
Other Income	85 000	0	0
Revenue	6 976 000	703 000	344 000
Cost of Goods Sold	401 000	288 000	0
Salary Costs	2 906 000	322 000	0
Depreciation	51 000	32 000	0
Impairment	0	0	0
Expenditure	4 351 000	943 000	350 000
Operating Profit	458 000	−240 000	−6 000
Financial Income	0	0	0
Financial Costs	4 000	1 000	0
Financial Balance	−4 000	−1 000	0
Dividends	100 000	0	0
Net Income	354 000	−186 000	−6 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 000	54 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	196 000	123 000	0
Total Tangible Assets	196 000	123 000	0
Total Fiancial Fixed Assets	0	0	30 000
Total Fixed Assets	197 000	177 000	30 000
Stock	121 000	78 000	0
Total Investments	0	0	0
Cash, Bank	877 000	461 000	0
Total Current Assets	1 274 000	777 000	344 000
Total Assets	1 472 000	954 000	374 000
Total Equity	88 000	−168 000	18 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	175 000	150 000	355 000
Unpaid Taxes	213 000	72 000	0
Dividends	100 000	0	0
Other Current Debt	850 000	900 000	0
Total Current Debt	1 384 000	1 122 000	355 000
Total Equity and Debt	1 472 000	954 000	374 000

Financial indicators	2022	2021	2020
Return on Equity	402,27 %	110,71 %	−33,33 %
Debt-to-Equity Ratio	0	−0	0
Operating Profit Margin	6,57 %	−34,14 %	−1,74 %
Current Ratio	0,92	0,69	0,97
Quick Ratio	1,01	0,74	0,97
Equity Ratio	0,06	−0,18	0,05
Gross Profit Margin	94,25 %	59,03 %	100 %