MÅGE SIDER AS

5776 NÅ

Finances

Share Ownership

Return on Equity

28,87 %

Current Ratio

1,42

Debt-to-Equity Ratio

6,57

Key figures (NOK)	2022	2021	2020
Revenue	154 000	70 000	0
Net Income	28 000	20 000	−31 000
Total Assets	1 968 000	885 000	119 000
Total Equity	97 000	70 000	49 000

Income (NOK)	2022	2021	2020
Revenue	154 000	70 000	0
Expenditure	1 339 000	79 000	88 000
Operating Profit	58 000	33 000	−31 000
Financial Income	0	0	0
Financial Costs	26 000	12 000	0
Financial Balance	−26 000	−12 000	0
Earnings Before Tax	32 000	20 000	−31 000
Tax	5 000	0	0
Net Income	28 000	20 000	−31 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	213 000	268 000	30 000
Total Current Assets	1 754 000	616 000	89 000
Total Assets	1 968 000	885 000	119 000
Total Retained Equity	17 000	−10 000	−31 000
Total Equity	97 000	70 000	49 000
Total Long-Term Debt	637 000	250 000	0
Total Current Debt	1 233 000	565 000	70 000
Total Equity and Debt	1 968 000	885 000	119 000

Cash flow (NOK)	2022	2021	2020
Sales Income	154 000	70 000	0
Other Income	0	0	0
Revenue	154 000	70 000	0
Cost of Goods Sold	1 198 000	−6 000	66 000
Salary Costs	4 000	0	0
Depreciation	55 000	67 000	2 000
Impairment	0	0	0
Expenditure	1 339 000	79 000	88 000
Operating Profit	58 000	33 000	−31 000
Financial Income	0	0	0
Financial Costs	26 000	12 000	0
Financial Balance	−26 000	−12 000	0
Dividends	0	0	0
Net Income	28 000	20 000	−31 000

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	213 000	268 000	30 000
Total Tangible Assets	213 000	268 000	30 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	213 000	268 000	30 000
Stock	1 379 000	485 000	57 000
Total Investments	0	0	0
Cash, Bank	375 000	111 000	32 000
Total Current Assets	1 754 000	616 000	89 000
Total Assets	1 968 000	885 000	119 000
Total Equity	97 000	70 000	49 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	637 000	250 000	0
Creditors	720 000	725 000	0
Unpaid Taxes	−118 000	−160 000	0
Dividends	0	0	0
Other Current Debt	627 000	0	70 000
Total Current Debt	1 233 000	565 000	70 000
Total Equity and Debt	1 968 000	885 000	119 000

Financial indicators	2022	2021	2020
Return on Equity	28,87 %	28,57 %	−63,27 %
Debt-to-Equity Ratio	6,57	3,57	0
Operating Profit Margin	37,66 %	47,14 %	-
Current Ratio	1,42	1,09	1,27
Quick Ratio	−12,01	7,7	6,85
Equity Ratio	0,05	0,08	0,41
Gross Profit Margin	−677,92 %	108,57 %	-