MYGLAND GRAVESERVICE AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

3,31 %

Current Ratio

3,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 013 000	1 110 000	390 000
Net Income	14 000	83 000	126 000
Total Assets	577 000	626 000	471 000
Total Equity	423 000	409 000	326 000

Income (NOK)	2022	2021	2020
Revenue	1 013 000	1 110 000	390 000
Expenditure	991 000	1 002 000	227 000
Operating Profit	22 000	108 000	162 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	22 000	108 000	162 000
Tax	7 000	25 000	36 000
Net Income	14 000	83 000	126 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	69 000	66 000	0
Total Current Assets	508 000	560 000	471 000
Total Assets	577 000	626 000	471 000
Total Retained Equity	223 000	209 000	126 000
Total Equity	423 000	409 000	326 000
Total Long-Term Debt	0	0	0
Total Current Debt	154 000	217 000	145 000
Total Equity and Debt	577 000	626 000	471 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 013 000	1 110 000	390 000
Other Income	0	0	0
Revenue	1 013 000	1 110 000	390 000
Cost of Goods Sold	4 000	8 000	4 000
Salary Costs	606 000	644 000	179 000
Depreciation	37 000	29 000	0
Impairment	0	0	0
Expenditure	991 000	1 002 000	227 000
Operating Profit	22 000	108 000	162 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	14 000	83 000	126 000

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	69 000	66 000	0
Fixtures	0	0	0
Total Tangible Assets	69 000	66 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	69 000	66 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	444 000	427 000	398 000
Total Current Assets	508 000	560 000	471 000
Total Assets	577 000	626 000	471 000
Total Equity	423 000	409 000	326 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	17 000	15 000	7 000
Unpaid Taxes	65 000	108 000	83 000
Dividends	0	0	0
Other Current Debt	64 000	68 000	19 000
Total Current Debt	154 000	217 000	145 000
Total Equity and Debt	577 000	626 000	471 000

Financial indicators	2022	2021	2020
Return on Equity	3,31 %	20,29 %	38,65 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	2,17 %	9,73 %	41,54 %
Current Ratio	3,3	2,58	3,25
Quick Ratio	3,3	2,58	3,25
Equity Ratio	0,73	0,65	0,69
Gross Profit Margin	99,61 %	99,28 %	98,97 %