M & F SYSTEMER AS

3142 VESTSKOGEN

Finances

Share Ownership

Return on Equity

14,16 %

Current Ratio

3,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 369 000	3 598 000	4 971 000	6 784 000
Net Income	110 000	−129 000	156 000	404 000
Total Assets	1 057 000	1 050 000	1 105 000	889 000
Total Equity	777 000	668 000	797 000	642 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 369 000	3 598 000	4 971 000	6 784 000
Expenditure	5 222 000	3 757 000	4 753 000	6 243 000
Operating Profit	146 000	−158 000	218 000	542 000
Financial Income	3 000	1 000	3 000	5 000
Financial Costs	8 000	9 000	22 000	28 000
Financial Balance	−5 000	−8 000	−19 000	−23 000
Earnings Before Tax	141 000	−166 000	200 000	519 000
Tax	31 000	−37 000	44 000	114 000
Net Income	110 000	−129 000	156 000	404 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	141 000	172 000	136 000	180 000
Total Current Assets	915 000	878 000	969 000	709 000
Total Assets	1 057 000	1 050 000	1 105 000	889 000
Total Retained Equity	355 000	246 000	375 000	220 000
Total Equity	777 000	668 000	797 000	642 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	279 000	383 000	308 000	247 000
Total Equity and Debt	1 057 000	1 050 000	1 105 000	889 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 369 000	3 598 000	4 971 000	6 784 000
Other Income	0	0	0	0
Revenue	5 369 000	3 598 000	4 971 000	6 784 000
Cost of Goods Sold	3 725 000	2 268 000	3 221 000	4 492 000
Salary Costs	1 015 000	956 000	965 000	967 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 222 000	3 757 000	4 753 000	6 243 000
Operating Profit	146 000	−158 000	218 000	542 000
Financial Income	3 000	1 000	3 000	5 000
Financial Costs	8 000	9 000	22 000	28 000
Financial Balance	−5 000	−8 000	−19 000	−23 000
Dividends	0	0	0	0
Net Income	110 000	−129 000	156 000	404 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	141 000	172 000	136 000	180 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	141 000	172 000	136 000	180 000
Stock	220 000	400 000	252 000	317 000
Total Investments	0	0	0	0
Cash, Bank	655 000	466 000	715 000	261 000
Total Current Assets	915 000	878 000	969 000	709 000
Total Assets	1 057 000	1 050 000	1 105 000	889 000
Total Equity	777 000	668 000	797 000	642 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	86 000	235 000	68 000	88 000
Unpaid Taxes	107 000	65 000	153 000	74 000
Dividends	0	0	0	0
Other Current Debt	86 000	82 000	87 000	85 000
Total Current Debt	279 000	383 000	308 000	247 000
Total Equity and Debt	1 057 000	1 050 000	1 105 000	889 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,16 %	−19,31 %	19,57 %	62,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,72 %	−4,39 %	4,39 %	7,99 %
Current Ratio	3,28	2,29	3,15	2,87
Quick Ratio	15,51	−51,65	17,3	−10,13
Equity Ratio	0,74	0,64	0,72	0,72
Gross Profit Margin	30,62 %	36,96 %	35,2 %	33,79 %