Myklevold Motor AS

8540 BALLANGEN

Finances

Return on Equity

−5,15 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 232 000	35 136 000	33 727 000	34 395 000
Net Income	−49 000	689 000	854 000	56 000
Total Assets	3 514 000	4 892 000	4 087 000	2 828 000
Total Equity	951 000	1 000 000	1 000 000	969 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 232 000	35 136 000	33 727 000	34 395 000
Expenditure	43 960 000	34 199 000	32 606 000	34 291 000
Operating Profit	−16 000	938 000	1 120 000	104 000
Financial Income	0	0	0	0
Financial Costs	46 000	52 000	23 000	30 000
Financial Balance	−46 000	−52 000	−23 000	−30 000
Earnings Before Tax	−61 000	886 000	1 097 000	74 000
Tax	−13 000	196 000	243 000	18 000
Net Income	−49 000	689 000	854 000	56 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	170 000	361 000	514 000	778 000
Total Current Assets	3 344 000	4 531 000	3 573 000	2 051 000
Total Assets	3 514 000	4 892 000	4 087 000	2 828 000
Total Retained Equity	851 000	900 000	900 000	869 000
Total Equity	951 000	1 000 000	1 000 000	969 000
Total Long-Term Debt	0	0	0	119 000
Total Current Debt	2 563 000	3 892 000	3 087 000	1 740 000
Total Equity and Debt	3 514 000	4 892 000	4 087 000	2 828 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 221 000	35 045 000	33 667 000	34 386 000
Other Income	12 000	92 000	60 000	9 000
Revenue	44 232 000	35 136 000	33 727 000	34 395 000
Cost of Goods Sold	38 007 000	28 657 000	27 173 000	28 683 000
Salary Costs	3 233 000	2 966 000	2 872 000	2 805 000
Depreciation	203 000	198 000	202 000	210 000
Impairment	0	0	0	0
Expenditure	43 960 000	34 199 000	32 606 000	34 291 000
Operating Profit	−16 000	938 000	1 120 000	104 000
Financial Income	0	0	0	0
Financial Costs	46 000	52 000	23 000	30 000
Financial Balance	−46 000	−52 000	−23 000	−30 000
Dividends	0	0	0	0
Net Income	−49 000	689 000	854 000	56 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	49 000	37 000	33 000	94 000
Real Eastate	45 000	151 000	258 000	364 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	76 000	172 000	223 000	319 000
Total Tangible Assets	120 000	323 000	481 000	683 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	170 000	361 000	514 000	778 000
Stock	1 852 000	1 943 000	1 648 000	1 475 000
Total Investments	0	0	0	0
Cash, Bank	1 308 000	2 377 000	1 650 000	527 000
Total Current Assets	3 344 000	4 531 000	3 573 000	2 051 000
Total Assets	3 514 000	4 892 000	4 087 000	2 828 000
Total Equity	951 000	1 000 000	1 000 000	969 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	119 000
Creditors	545 000	814 000	756 000	633 000
Unpaid Taxes	207 000	108 000	181 000	143 000
Dividends	0	0	0	0
Other Current Debt	1 811 000	2 970 000	2 150 000	963 000
Total Current Debt	2 563 000	3 892 000	3 087 000	1 740 000
Total Equity and Debt	3 514 000	4 892 000	4 087 000	2 828 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,15 %	68,9 %	85,4 %	5,78 %
Debt-to-Equity Ratio	0	0	0	0,12
Operating Profit Margin	−0,04 %	2,67 %	3,32 %	0,3 %
Current Ratio	1,3	1,16	1,16	1,18
Quick Ratio	4,7	2,32	2,48	7,74
Equity Ratio	0,27	0,2	0,24	0,34
Gross Profit Margin	14,07 %	18,44 %	19,43 %	16,61 %