MG BYGG & SNEKKERSERVICE AS

1738 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

22,58 %

Current Ratio

0,28

Debt-to-Equity Ratio

−0,92

Key figures (NOK)	2022	2021	2020
Revenue	3 693 000	2 786 000	1 717 000
Net Income	−84 000	−276 000	−42 000
Total Assets	740 000	658 000	769 000
Total Equity	−372 000	−289 000	−12 000

Income (NOK)	2022	2021	2020
Revenue	3 693 000	2 786 000	1 717 000
Expenditure	3 760 000	3 032 000	1 754 000
Operating Profit	−66 000	−247 000	−38 000
Financial Income	0	0	0
Financial Costs	24 000	24 000	5 000
Financial Balance	−24 000	−24 000	−5 000
Earnings Before Tax	−89 000	−270 000	−42 000
Tax	−6 000	6 000	0
Net Income	−84 000	−276 000	−42 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	525 000	385 000	486 000
Total Current Assets	216 000	273 000	283 000
Total Assets	740 000	658 000	769 000
Total Retained Equity	−402 000	−319 000	−42 000
Total Equity	−372 000	−289 000	−12 000
Total Long-Term Debt	342 000	6 000	0
Total Current Debt	770 000	941 000	782 000
Total Equity and Debt	740 000	658 000	769 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 693 000	2 786 000	1 717 000
Other Income	0	0	0
Revenue	3 693 000	2 786 000	1 717 000
Cost of Goods Sold	1 480 000	1 206 000	921 000
Salary Costs	1 623 000	1 328 000	505 000
Depreciation	280 000	147 000	59 000
Impairment	0	0	0
Expenditure	3 760 000	3 032 000	1 754 000
Operating Profit	−66 000	−247 000	−38 000
Financial Income	0	0	0
Financial Costs	24 000	24 000	5 000
Financial Balance	−24 000	−24 000	−5 000
Dividends	0	0	0
Net Income	−84 000	−276 000	−42 000

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	525 000	385 000	486 000
Total Tangible Assets	525 000	385 000	486 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	525 000	385 000	486 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	91 000	249 000	48 000
Total Current Assets	216 000	273 000	283 000
Total Assets	740 000	658 000	769 000
Total Equity	−372 000	−289 000	−12 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	342 000	6 000	0
Creditors	347 000	505 000	575 000
Unpaid Taxes	197 000	195 000	92 000
Dividends	0	0	0
Other Current Debt	227 000	240 000	114 000
Total Current Debt	770 000	941 000	782 000
Total Equity and Debt	740 000	658 000	769 000

Financial indicators	2022	2021	2020
Return on Equity	22,58 %	95,5 %	350 %
Debt-to-Equity Ratio	−0,92	−0,02	−0
Operating Profit Margin	−1,79 %	−8,87 %	−2,21 %
Current Ratio	0,28	0,29	0,36
Quick Ratio	0,28	0,29	0,36
Equity Ratio	−0,5	−0,44	−0,02
Gross Profit Margin	59,92 %	56,71 %	46,36 %