MASFJORDEN ELEKTRO AS

5986 HOSTELAND

Finances

Share Ownership

Return on Equity

−3,35 %

Current Ratio

7,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 968 000	4 392 000	4 681 000	5 971 000
Net Income	−250 000	−180 000	364 000	1 183 000
Total Assets	8 615 000	8 970 000	9 256 000	9 137 000
Total Equity	7 472 000	7 722 000	7 902 000	7 539 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 968 000	4 392 000	4 681 000	5 971 000
Expenditure	4 288 000	4 583 000	4 231 000	4 489 000
Operating Profit	−319 000	−191 000	449 000	1 481 000
Financial Income	75 000	13 000	29 000	46 000
Financial Costs	6 000	2 000	5 000	4 000
Financial Balance	69 000	11 000	24 000	42 000
Earnings Before Tax	−250 000	−180 000	473 000	1 523 000
Tax	0	0	110 000	340 000
Net Income	−250 000	−180 000	364 000	1 183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	175 000	202 000	245 000	288 000
Total Current Assets	8 439 000	8 768 000	9 011 000	8 849 000
Total Assets	8 615 000	8 970 000	9 256 000	9 137 000
Total Retained Equity	7 272 000	7 522 000	7 702 000	7 339 000
Total Equity	7 472 000	7 722 000	7 902 000	7 539 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 142 000	1 248 000	1 354 000	1 599 000
Total Equity and Debt	8 615 000	8 970 000	9 256 000	9 137 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 968 000	4 392 000	4 681 000	5 971 000
Other Income	0	0	0	0
Revenue	3 968 000	4 392 000	4 681 000	5 971 000
Cost of Goods Sold	1 528 000	1 715 000	1 588 000	1 483 000
Salary Costs	2 273 000	2 336 000	2 105 000	2 299 000
Depreciation	43 000	43 000	43 000	43 000
Impairment	0	0	0	0
Expenditure	4 288 000	4 583 000	4 231 000	4 489 000
Operating Profit	−319 000	−191 000	449 000	1 481 000
Financial Income	75 000	13 000	29 000	46 000
Financial Costs	6 000	2 000	5 000	4 000
Financial Balance	69 000	11 000	24 000	42 000
Dividends	0	0	0	0
Net Income	−250 000	−180 000	364 000	1 183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	146 000	173 000	216 000	260 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	146 000	173 000	216 000	260 000
Total Fiancial Fixed Assets	29 000	29 000	28 000	28 000
Total Fixed Assets	175 000	202 000	245 000	288 000
Stock	262 000	282 000	282 000	245 000
Total Investments	0	0	0	0
Cash, Bank	7 041 000	6 808 000	7 169 000	7 738 000
Total Current Assets	8 439 000	8 768 000	9 011 000	8 849 000
Total Assets	8 615 000	8 970 000	9 256 000	9 137 000
Total Equity	7 472 000	7 722 000	7 902 000	7 539 000
Short-Term Group Debt	153 000	140 000	114 000	34 000
Total Long-Term Debt	0	0	0	0
Creditors	135 000	194 000	253 000	214 000
Unpaid Taxes	346 000	402 000	418 000	470 000
Dividends	0	0	0	0
Other Current Debt	508 000	513 000	459 000	541 000
Total Current Debt	1 142 000	1 248 000	1 354 000	1 599 000
Total Equity and Debt	8 615 000	8 970 000	9 256 000	9 137 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,35 %	−2,33 %	4,61 %	15,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−8,04 %	−4,35 %	9,59 %	24,8 %
Current Ratio	7,39	7,03	6,66	5,53
Quick Ratio	9,59	9,08	8,41	6,54
Equity Ratio	0,87	0,86	0,85	0,83
Gross Profit Margin	61,49 %	60,95 %	66,08 %	75,16 %