MMC ØKONOMI AS

5184 OLSVIK

Finances

Share Ownership

Return on Equity

−7,73 %

Current Ratio

3,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 462 000	3 009 000	3 248 000	4 055 000
Net Income	−127 000	109 000	86 000	435 000
Total Assets	2 285 000	2 338 000	2 164 000	2 133 000
Total Equity	1 643 000	1 770 000	1 661 000	1 574 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 462 000	3 009 000	3 248 000	4 055 000
Expenditure	2 616 000	2 862 000	3 126 000	3 493 000
Operating Profit	−154 000	148 000	123 000	561 000
Financial Income	0	0	3 000	1 000
Financial Costs	9 000	10 000	13 000	15 000
Financial Balance	−9 000	−10 000	−10 000	−14 000
Earnings Before Tax	−163 000	137 000	112 000	547 000
Tax	−36 000	28 000	26 000	112 000
Net Income	−127 000	109 000	86 000	435 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	145 000	49 000	57 000	76 000
Total Current Assets	2 140 000	2 289 000	2 107 000	2 056 000
Total Assets	2 285 000	2 338 000	2 164 000	2 133 000
Total Retained Equity	1 510 000	1 637 000	1 528 000	1 442 000
Total Equity	1 643 000	1 770 000	1 661 000	1 574 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	642 000	567 000	503 000	558 000
Total Equity and Debt	2 285 000	2 338 000	2 164 000	2 133 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 462 000	3 009 000	3 248 000	4 052 000
Other Income	0	0	0	3 000
Revenue	2 462 000	3 009 000	3 248 000	4 055 000
Cost of Goods Sold	20 000	13 000	2 000	16 000
Salary Costs	1 826 000	1 781 000	1 991 000	2 388 000
Depreciation	37 000	25 000	20 000	2 000
Impairment	0	0	0	0
Expenditure	2 616 000	2 862 000	3 126 000	3 493 000
Operating Profit	−154 000	148 000	123 000	561 000
Financial Income	0	0	3 000	1 000
Financial Costs	9 000	10 000	13 000	15 000
Financial Balance	−9 000	−10 000	−10 000	−14 000
Dividends	0	0	0	0
Net Income	−127 000	109 000	86 000	435 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	85 000	0	0	0
Fixtures	25 000	49 000	57 000	76 000
Total Tangible Assets	110 000	49 000	57 000	76 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	145 000	49 000	57 000	76 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 699 000	1 642 000	1 399 000	1 094 000
Total Current Assets	2 140 000	2 289 000	2 107 000	2 056 000
Total Assets	2 285 000	2 338 000	2 164 000	2 133 000
Total Equity	1 643 000	1 770 000	1 661 000	1 574 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	289 000	73 000	6 000	15 000
Unpaid Taxes	52 000	139 000	149 000	58 000
Dividends	0	0	0	0
Other Current Debt	301 000	328 000	322 000	374 000
Total Current Debt	642 000	567 000	503 000	558 000
Total Equity and Debt	2 285 000	2 338 000	2 164 000	2 133 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,73 %	6,16 %	5,18 %	27,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,26 %	4,92 %	3,79 %	13,83 %
Current Ratio	3,33	4,04	4,19	3,68
Quick Ratio	3,33	4,04	4,19	3,68
Equity Ratio	0,72	0,76	0,77	0,74
Gross Profit Margin	99,19 %	99,57 %	99,94 %	99,61 %