MÅSØVAL SERVICE AS

7260 SISTRANDA

Finances

Share Ownership

Return on Equity

43,52 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020
Revenue	23 841 000	28 068 000	0
Net Income	3 386 000	302 000	−13 000
Total Assets	15 269 000	13 374 000	30 000
Total Equity	7 780 000	6 974 000	12 000

Income (NOK)	2022	2021	2020
Revenue	23 841 000	28 068 000	0
Expenditure	21 004 000	27 472 000	13 000
Operating Profit	2 837 000	597 000	−13 000
Financial Income	1 114 000	70 000	0
Financial Costs	18 000	40 000	0
Financial Balance	1 096 000	30 000	0
Earnings Before Tax	3 934 000	627 000	−13 000
Tax	548 000	325 000	0
Net Income	3 386 000	302 000	−13 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 327 000	2 797 000	0
Total Current Assets	10 942 000	10 577 000	30 000
Total Assets	15 269 000	13 374 000	30 000
Total Retained Equity	1 242 000	436 000	−13 000
Total Equity	7 780 000	6 974 000	12 000
Total Long-Term Debt	125 000	158 000	0
Total Current Debt	7 364 000	6 242 000	18 000
Total Equity and Debt	15 269 000	13 374 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	23 805 000	27 954 000	0
Other Income	36 000	114 000	0
Revenue	23 841 000	28 068 000	0
Cost of Goods Sold	1 503 000	6 668 000	0
Salary Costs	11 779 000	11 562 000	0
Depreciation	608 000	801 000	0
Impairment	0	0	0
Expenditure	21 004 000	27 472 000	13 000
Operating Profit	2 837 000	597 000	−13 000
Financial Income	1 114 000	70 000	0
Financial Costs	18 000	40 000	0
Financial Balance	1 096 000	30 000	0
Dividends	0	0	0
Net Income	3 386 000	302 000	−13 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	116 000	130 000	0
Machinery and Plant Facilities	293 000	373 000	0
Fixtures	185 000	257 000	0
Total Tangible Assets	4 234 000	2 629 000	0
Total Fiancial Fixed Assets	93 000	169 000	0
Total Fixed Assets	4 327 000	2 797 000	0
Stock	0	0	0
Total Investments	0	539 000	0
Cash, Bank	9 176 000	7 403 000	30 000
Total Current Assets	10 942 000	10 577 000	30 000
Total Assets	15 269 000	13 374 000	30 000
Total Equity	7 780 000	6 974 000	12 000
Short-Term Group Debt	4 689 000	2 199 000	8 000
Total Long-Term Debt	125 000	158 000	0
Creditors	583 000	977 000	0
Unpaid Taxes	945 000	889 000	0
Dividends	0	0	0
Other Current Debt	1 147 000	1 852 000	10 000
Total Current Debt	7 364 000	6 242 000	18 000
Total Equity and Debt	15 269 000	13 374 000	30 000

Financial indicators	2022	2021	2020
Return on Equity	43,52 %	4,33 %	−108,33 %
Debt-to-Equity Ratio	0,02	0,02	0
Operating Profit Margin	11,9 %	2,13 %	-
Current Ratio	1,49	1,69	1,67
Quick Ratio	1,49	1,69	1,67
Equity Ratio	0,51	0,52	0,4
Gross Profit Margin	93,7 %	76,24 %	-