MSG CLEANING SYSTEMS AS

3801 BØ I TELEMARK

Finances

Return on Equity

−38,58 %

Current Ratio

0,49

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020
Revenue	13 967 000	5 108 000	84 000
Net Income	−1 339 000	−1 126 000	−15 000
Total Assets	12 429 000	10 910 000	2 559 000
Total Equity	3 471 000	4 800 000	525 000

Income (NOK)	2022	2021	2020
Revenue	13 967 000	5 108 000	84 000
Expenditure	14 522 000	6 061 000	90 000
Operating Profit	−556 000	−952 000	−7 000
Financial Income	97 000	49 000	1 000
Financial Costs	880 000	222 000	10 000
Financial Balance	−783 000	−173 000	−9 000
Earnings Before Tax	−1 339 000	−1 126 000	−15 000
Tax	0	0	0
Net Income	−1 339 000	−1 126 000	−15 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	8 972 000	2 236 000	600 000
Total Current Assets	3 457 000	8 674 000	1 959 000
Total Assets	12 429 000	10 910 000	2 559 000
Total Retained Equity	−2 479 000	−1 141 000	−15 000
Total Equity	3 471 000	4 800 000	525 000
Total Long-Term Debt	1 879 000	1 922 000	1 119 000
Total Current Debt	7 079 000	4 188 000	914 000
Total Equity and Debt	12 429 000	10 910 000	2 559 000

Cash flow (NOK)	2022	2021	2020
Sales Income	15 237 000	3 838 000	84 000
Other Income	−1 270 000	1 270 000	0
Revenue	13 967 000	5 108 000	84 000
Cost of Goods Sold	7 415 000	3 253 000	74 000
Salary Costs	3 309 000	1 422 000	0
Depreciation	157 000	101 000	0
Impairment	0	0	0
Expenditure	14 522 000	6 061 000	90 000
Operating Profit	−556 000	−952 000	−7 000
Financial Income	97 000	49 000	1 000
Financial Costs	880 000	222 000	10 000
Financial Balance	−783 000	−173 000	−9 000
Dividends	0	0	0
Net Income	−1 339 000	−1 126 000	−15 000

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	1 466 000	515 000	0
Total Tangible Assets	1 466 000	515 000	0
Total Fiancial Fixed Assets	7 506 000	1 722 000	600 000
Total Fixed Assets	8 972 000	2 236 000	600 000
Stock	1 311 000	1 084 000	0
Total Investments	0	0	0
Cash, Bank	186 000	219 000	511 000
Total Current Assets	3 457 000	8 674 000	1 959 000
Total Assets	12 429 000	10 910 000	2 559 000
Total Equity	3 471 000	4 800 000	525 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 879 000	1 922 000	1 119 000
Creditors	2 226 000	126 000	896 000
Unpaid Taxes	287 000	168 000	17 000
Dividends	0	0	0
Other Current Debt	4 565 000	3 894 000	2 000
Total Current Debt	7 079 000	4 188 000	914 000
Total Equity and Debt	12 429 000	10 910 000	2 559 000

Financial indicators	2022	2021	2020
Return on Equity	−38,58 %	−23,46 %	−2,86 %
Debt-to-Equity Ratio	0,54	0,4	2,13
Operating Profit Margin	−3,98 %	−18,64 %	−8,33 %
Current Ratio	0,49	2,07	2,14
Quick Ratio	0,6	2,79	2,14
Equity Ratio	0,28	0,44	0,21
Gross Profit Margin	46,91 %	36,32 %	11,9 %