MASTER BUILDERS SOLUTIONS NORWAY AS

2120 SAGSTUA

Finances

Share Ownership

Return on Equity

−476,24 %

Current Ratio

1,3

Debt-to-Equity Ratio

12,47

Key figures (NOK)	2022	2021	2020
Revenue	200 811 000	123 977 000	16 485 000
Net Income	−14 130 000	−12 833 000	−7 754 000
Total Assets	94 391 000	67 555 000	65 601 000
Total Equity	2 967 000	30 404 000	43 238 000

Income (NOK)	2022	2021	2020
Revenue	200 811 000	123 977 000	16 485 000
Expenditure	215 170 000	140 252 000	26 439 000
Operating Profit	−14 358 000	−16 276 000	−9 954 000
Financial Income	1 543 000	2 332 000	244 000
Financial Costs	5 167 000	2 398 000	230 000
Financial Balance	−3 624 000	−66 000	14 000
Earnings Before Tax	−17 982 000	−16 342 000	−9 940 000
Tax	−3 852 000	−3 508 000	−2 187 000
Net Income	−14 130 000	−12 833 000	−7 754 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	23 429 000	18 585 000	17 769 000
Total Current Assets	70 962 000	48 970 000	47 832 000
Total Assets	94 391 000	67 555 000	65 601 000
Total Retained Equity	−48 025 000	−20 587 000	−7 754 000
Total Equity	2 967 000	30 404 000	43 238 000
Total Long-Term Debt	37 000 000	0	50 000
Total Current Debt	54 424 000	37 151 000	22 313 000
Total Equity and Debt	94 391 000	67 555 000	65 601 000

Cash flow (NOK)	2022	2021	2020
Sales Income	200 800 000	122 255 000	16 485 000
Other Income	12 000	1 722 000	0
Revenue	200 811 000	123 977 000	16 485 000
Cost of Goods Sold	143 489 000	74 513 000	9 784 000
Salary Costs	19 686 000	18 603 000	3 273 000
Depreciation	1 970 000	2 596 000	435 000
Impairment	0	96 000	0
Expenditure	215 170 000	140 252 000	26 439 000
Operating Profit	−14 358 000	−16 276 000	−9 954 000
Financial Income	1 543 000	2 332 000	244 000
Financial Costs	5 167 000	2 398 000	230 000
Financial Balance	−3 624 000	−66 000	14 000
Dividends	13 308 000	0	0
Net Income	−14 130 000	−12 833 000	−7 754 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	96 000
Total Intangible Assets	9 547 000	5 695 000	2 283 000
Real Eastate	11 969 000	12 560 000	15 022 000
Machinery and Plant Facilities	1 914 000	0	0
Fixtures	0	330 000	464 000
Total Tangible Assets	13 882 000	12 890 000	15 486 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	23 429 000	18 585 000	17 769 000
Stock	16 464 000	11 389 000	7 283 000
Total Investments	0	0	0
Cash, Bank	2 519 000	4 933 000	16 723 000
Total Current Assets	70 962 000	48 970 000	47 832 000
Total Assets	94 391 000	67 555 000	65 601 000
Total Equity	2 967 000	30 404 000	43 238 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	37 000 000	0	50 000
Creditors	25 000 000	17 564 000	14 284 000
Unpaid Taxes	7 482 000	4 513 000	2 703 000
Dividends	13 308 000	0	0
Other Current Debt	8 635 000	15 074 000	5 326 000
Total Current Debt	54 424 000	37 151 000	22 313 000
Total Equity and Debt	94 391 000	67 555 000	65 601 000

Financial indicators	2022	2021	2020
Return on Equity	−476,24 %	−42,21 %	−17,93 %
Debt-to-Equity Ratio	12,47	0	0
Operating Profit Margin	−7,15 %	−13,13 %	−60,38 %
Current Ratio	1,3	1,32	2,14
Quick Ratio	1,87	1,9	3,18
Equity Ratio	0,03	0,45	0,66
Gross Profit Margin	28,55 %	39,9 %	40,65 %