MMG PROFF AS

1850 MYSEN

Finances

Share Ownership

Return on Equity

92,79 %

Current Ratio

0,83

Debt-to-Equity Ratio

−3,96

Key figures (NOK)	2022	2021	2020
Revenue	2 411 000	1 402 000	67 000
Net Income	−103 000	22 000	−55 000
Total Assets	966 000	380 000	54 000
Total Equity	−111 000	−8 000	−31 000

Income (NOK)	2022	2021	2020
Revenue	2 411 000	1 402 000	67 000
Expenditure	2 491 000	1 380 000	122 000
Operating Profit	−80 000	22 000	−55 000
Financial Income	3 000	0	0
Financial Costs	26 000	0	0
Financial Balance	−23 000	0	0
Earnings Before Tax	−103 000	22 000	−55 000
Tax	0	0	0
Net Income	−103 000	22 000	−55 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	438 000	56 000	0
Total Current Assets	528 000	324 000	54 000
Total Assets	966 000	380 000	54 000
Total Retained Equity	−136 000	−33 000	−55 000
Total Equity	−111 000	−8 000	−31 000
Total Long-Term Debt	440 000	0	0
Total Current Debt	637 000	388 000	84 000
Total Equity and Debt	966 000	380 000	54 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 411 000	1 402 000	67 000
Other Income	0	0	0
Revenue	2 411 000	1 402 000	67 000
Cost of Goods Sold	647 000	366 000	6 000
Salary Costs	1 240 000	675 000	0
Depreciation	137 000	16 000	0
Impairment	0	0	0
Expenditure	2 491 000	1 380 000	122 000
Operating Profit	−80 000	22 000	−55 000
Financial Income	3 000	0	0
Financial Costs	26 000	0	0
Financial Balance	−23 000	0	0
Dividends	0	0	0
Net Income	−103 000	22 000	−55 000

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	438 000	56 000	0
Total Tangible Assets	438 000	56 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	438 000	56 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	336 000	309 000	33 000
Total Current Assets	528 000	324 000	54 000
Total Assets	966 000	380 000	54 000
Total Equity	−111 000	−8 000	−31 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	440 000	0	0
Creditors	51 000	15 000	0
Unpaid Taxes	236 000	116 000	0
Dividends	0	0	0
Other Current Debt	350 000	257 000	84 000
Total Current Debt	637 000	388 000	84 000
Total Equity and Debt	966 000	380 000	54 000

Financial indicators	2022	2021	2020
Return on Equity	92,79 %	−275 %	177,42 %
Debt-to-Equity Ratio	−3,96	−0	−0
Operating Profit Margin	−3,32 %	1,57 %	−82,09 %
Current Ratio	0,83	0,84	0,64
Quick Ratio	0,83	0,84	0,64
Equity Ratio	−0,11	−0,02	−0,57
Gross Profit Margin	73,16 %	73,89 %	91,04 %