MULTIVERN AS

6827 BREIM

Finances

Share Ownership

Return on Equity

42,48 %

Current Ratio

2,65

Debt-to-Equity Ratio

1,66

Key figures (NOK)	2022	2021	2020
Revenue	9 224 000	2 492 000	954 000
Net Income	319 000	171 000	171 000
Total Assets	2 855 000	1 187 000	778 000
Total Equity	751 000	442 000	271 000

Income (NOK)	2022	2021	2020
Revenue	9 224 000	2 492 000	954 000
Expenditure	8 864 000	2 323 000	1 034 000
Operating Profit	420 000	171 000	170 000
Financial Income	3 000	0	1 000
Financial Costs	14 000	0	1 000
Financial Balance	−11 000	0	0
Earnings Before Tax	409 000	171 000	171 000
Tax	91 000	0	0
Net Income	319 000	171 000	171 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	573 000	32 000	0
Total Current Assets	2 282 000	1 155 000	778 000
Total Assets	2 855 000	1 187 000	778 000
Total Retained Equity	651 000	342 000	171 000
Total Equity	751 000	442 000	271 000
Total Long-Term Debt	1 244 000	404 000	404 000
Total Current Debt	860 000	340 000	102 000
Total Equity and Debt	2 855 000	1 187 000	778 000

Cash flow (NOK)	2022	2021	2020
Sales Income	9 224 000	2 492 000	954 000
Other Income	0	0	0
Revenue	9 224 000	2 492 000	954 000
Cost of Goods Sold	4 600 000	1 820 000	985 000
Salary Costs	2 331 000	0	0
Depreciation	145 000	0	0
Impairment	0	0	0
Expenditure	8 864 000	2 323 000	1 034 000
Operating Profit	420 000	171 000	170 000
Financial Income	3 000	0	1 000
Financial Costs	14 000	0	1 000
Financial Balance	−11 000	0	0
Dividends	0	0	0
Net Income	319 000	171 000	171 000

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	573 000	0	0
Fixtures	0	32 000	0
Total Tangible Assets	573 000	32 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	573 000	32 000	0
Stock	312 000	252 000	250 000
Total Investments	0	0	0
Cash, Bank	692 000	260 000	83 000
Total Current Assets	2 282 000	1 155 000	778 000
Total Assets	2 855 000	1 187 000	778 000
Total Equity	751 000	442 000	271 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 244 000	404 000	404 000
Creditors	183 000	332 000	58 000
Unpaid Taxes	279 000	9 000	44 000
Dividends	0	0	0
Other Current Debt	307 000	0	0
Total Current Debt	860 000	340 000	102 000
Total Equity and Debt	2 855 000	1 187 000	778 000

Financial indicators	2022	2021	2020
Return on Equity	42,48 %	38,69 %	63,1 %
Debt-to-Equity Ratio	1,66	0,91	1,49
Operating Profit Margin	4,55 %	6,86 %	17,82 %
Current Ratio	2,65	3,4	7,63
Quick Ratio	4,16	13,13	−5,26
Equity Ratio	0,26	0,37	0,35
Gross Profit Margin	50,13 %	26,97 %	−3,25 %