MUNU AS

4005 STAVANGER

Finances

Return on Equity

6,38 %

Current Ratio

1,18

Debt-to-Equity Ratio

1,89

Key figures (NOK)	2022	2021	2020
Revenue	74 894 000	54 514 000	40 317 000
Net Income	481 000	2 545 000	2 564 000
Total Assets	34 531 000	23 215 000	16 895 000
Total Equity	7 539 000	7 234 000	5 040 000

Income (NOK)	2022	2021	2020
Revenue	74 894 000	54 514 000	40 317 000
Expenditure	74 527 000	51 808 000	37 003 000
Operating Profit	368 000	2 707 000	3 314 000
Financial Income	520 000	504 000	5 000
Financial Costs	399 000	85 000	75 000
Financial Balance	121 000	419 000	−70 000
Earnings Before Tax	488 000	3 126 000	3 244 000
Tax	7 000	581 000	680 000
Net Income	481 000	2 545 000	2 564 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	19 447 000	11 129 000	6 860 000
Total Current Assets	15 083 000	12 085 000	10 035 000
Total Assets	34 531 000	23 215 000	16 895 000
Total Retained Equity	4 394 000	4 089 000	1 895 000
Total Equity	7 539 000	7 234 000	5 040 000
Total Long-Term Debt	14 232 000	5 000 000	1 500 000
Total Current Debt	12 760 000	10 981 000	10 355 000
Total Equity and Debt	34 531 000	23 215 000	16 895 000

Cash flow (NOK)	2022	2021	2020
Sales Income	74 882 000	54 511 000	40 095 000
Other Income	13 000	3 000	222 000
Revenue	74 894 000	54 514 000	40 317 000
Cost of Goods Sold	9 578 000	8 538 000	7 005 000
Salary Costs	34 887 000	25 777 000	17 388 000
Depreciation	5 041 000	2 854 000	1 363 000
Impairment	0	0	0
Expenditure	74 527 000	51 808 000	37 003 000
Operating Profit	368 000	2 707 000	3 314 000
Financial Income	520 000	504 000	5 000
Financial Costs	399 000	85 000	75 000
Financial Balance	121 000	419 000	−70 000
Dividends	0	0	0
Net Income	481 000	2 545 000	2 564 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	7 774 000	4 292 000	2 454 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	9 159 000	5 057 000	2 664 000
Total Tangible Assets	9 159 000	5 057 000	2 664 000
Total Fiancial Fixed Assets	2 515 000	1 780 000	1 743 000
Total Fixed Assets	19 447 000	11 129 000	6 860 000
Stock	2 445 000	1 423 000	1 354 000
Total Investments	0	0	0
Cash, Bank	1 934 000	1 933 000	2 631 000
Total Current Assets	15 083 000	12 085 000	10 035 000
Total Assets	34 531 000	23 215 000	16 895 000
Total Equity	7 539 000	7 234 000	5 040 000
Short-Term Group Debt	0	600 000	150 000
Total Long-Term Debt	14 232 000	5 000 000	1 500 000
Creditors	3 666 000	4 136 000	3 578 000
Unpaid Taxes	3 891 000	3 105 000	2 205 000
Dividends	0	0	0
Other Current Debt	3 943 000	2 506 000	1 861 000
Total Current Debt	12 760 000	10 981 000	10 355 000
Total Equity and Debt	34 531 000	23 215 000	16 895 000

Financial indicators	2022	2021	2020
Return on Equity	6,38 %	35,18 %	50,87 %
Debt-to-Equity Ratio	1,89	0,69	0,3
Operating Profit Margin	0,49 %	4,97 %	8,22 %
Current Ratio	1,18	1,1	0,97
Quick Ratio	1,46	1,26	1,11
Equity Ratio	0,22	0,31	0,3
Gross Profit Margin	87,21 %	84,34 %	82,63 %