MAJORSTUEN ELEKTRISKE AS

0368 OSLO

Finances

Share Ownership

Return on Equity

−8,64 %

Current Ratio

3,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	8 102 000	8 598 000	9 528 000
Net Income	−555 000	565 000	1 726 000
Total Assets	8 778 000	12 441 000	15 412 000
Total Equity	6 427 000	6 823 000	1 756 000

Income (NOK)	2022	2021	2020
Revenue	8 102 000	8 598 000	9 528 000
Expenditure	8 665 000	7 292 000	7 298 000
Operating Profit	−563 000	1 307 000	2 230 000
Financial Income	9 000	1 000	15 000
Financial Costs	0	0	3 000
Financial Balance	9 000	1 000	12 000
Earnings Before Tax	−555 000	1 307 000	2 242 000
Tax	0	743 000	516 000
Net Income	−555 000	565 000	1 726 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	124 000	189 000	152 000
Total Current Assets	8 654 000	12 252 000	15 260 000
Total Assets	8 778 000	12 441 000	15 412 000
Total Retained Equity	0	0	1 726 000
Total Equity	6 427 000	6 823 000	1 756 000
Total Long-Term Debt	0	0	9 112 000
Total Current Debt	2 351 000	5 618 000	4 544 000
Total Equity and Debt	8 778 000	12 441 000	15 412 000

Cash flow (NOK)	2022	2021	2020
Sales Income	8 102 000	8 311 000	9 449 000
Other Income	0	287 000	79 000
Revenue	8 102 000	8 598 000	9 528 000
Cost of Goods Sold	2 595 000	1 913 000	2 870 000
Salary Costs	2 394 000	1 815 000	1 749 000
Depreciation	41 000	40 000	36 000
Impairment	0	0	0
Expenditure	8 665 000	7 292 000	7 298 000
Operating Profit	−563 000	1 307 000	2 230 000
Financial Income	9 000	1 000	15 000
Financial Costs	0	0	3 000
Financial Balance	9 000	1 000	12 000
Dividends	0	0	0
Net Income	−555 000	565 000	1 726 000

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	66 000	107 000	93 000
Total Tangible Assets	66 000	107 000	93 000
Total Fiancial Fixed Assets	58 000	82 000	59 000
Total Fixed Assets	124 000	189 000	152 000
Stock	2 952 000	3 238 000	3 399 000
Total Investments	0	0	0
Cash, Bank	5 315 000	6 362 000	10 774 000
Total Current Assets	8 654 000	12 252 000	15 260 000
Total Assets	8 778 000	12 441 000	15 412 000
Total Equity	6 427 000	6 823 000	1 756 000
Short-Term Group Debt	1 328 000	4 424 000	2 424 000
Total Long-Term Debt	0	0	9 112 000
Creditors	199 000	160 000	1 039 000
Unpaid Taxes	501 000	485 000	396 000
Dividends	0	0	0
Other Current Debt	322 000	221 000	211 000
Total Current Debt	2 351 000	5 618 000	4 544 000
Total Equity and Debt	8 778 000	12 441 000	15 412 000

Financial indicators	2022	2021	2020
Return on Equity	−8,64 %	8,28 %	98,29 %
Debt-to-Equity Ratio	0	0	5,19
Operating Profit Margin	−6,95 %	15,2 %	23,4 %
Current Ratio	3,68	2,18	3,36
Quick Ratio	−14,4	5,15	13,33
Equity Ratio	0,73	0,55	0,11
Gross Profit Margin	67,97 %	77,75 %	69,88 %