M.F.E. FIRE PROTECTION AS

6800 FØRDE

Finances

Share Ownership

Return on Equity

14,55 %

Current Ratio

3,36

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020
Revenue	60 000	0	15 000
Net Income	32 000	−14 000	3 000
Total Assets	276 000	239 000	375 000
Total Equity	220 000	189 000	203 000

Income (NOK)	2022	2021	2020
Revenue	60 000	0	15 000
Expenditure	19 000	18 000	11 000
Operating Profit	41 000	−18 000	4 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	41 000	−18 000	4 000
Tax	9 000	−4 000	1 000
Net Income	32 000	−14 000	3 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	108 000	125 000	136 000
Total Current Assets	168 000	113 000	239 000
Total Assets	276 000	239 000	375 000
Total Retained Equity	20 000	−11 000	3 000
Total Equity	220 000	189 000	203 000
Total Long-Term Debt	6 000	0	1 000
Total Current Debt	50 000	50 000	171 000
Total Equity and Debt	276 000	239 000	375 000

Cash flow (NOK)	2022	2021	2020
Sales Income	60 000	0	15 000
Other Income	0	0	0
Revenue	60 000	0	15 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	14 000	14 000	5 000
Impairment	0	0	0
Expenditure	19 000	18 000	11 000
Operating Profit	41 000	−18 000	4 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	32 000	−14 000	3 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	108 000	125 000	136 000
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	108 000	125 000	136 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	168 000	113 000	190 000
Total Current Assets	168 000	113 000	239 000
Total Assets	276 000	239 000	375 000
Total Equity	220 000	189 000	203 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	6 000	0	1 000
Creditors	0	0	121 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	50 000	50 000	50 000
Total Current Debt	50 000	50 000	171 000
Total Equity and Debt	276 000	239 000	375 000

Financial indicators	2022	2021	2020
Return on Equity	14,55 %	−7,41 %	1,48 %
Debt-to-Equity Ratio	0,03	0	0
Operating Profit Margin	68,33 %	-	26,67 %
Current Ratio	3,36	2,26	1,4
Quick Ratio	3,36	2,26	1,4
Equity Ratio	0,8	0,79	0,54
Gross Profit Margin	100 %	-	100 %