MAURSETH UTVIKLING AS

5785 VØRINGSFOSS

Finances

Return on Equity

−1,5 %

Current Ratio

1 062,89

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	5 575 000	8 400 000	1 100 000
Net Income	−152 000	1 604 000	3 119 000	157 000
Total Assets	10 544 000	11 148 000	10 917 000	6 526 000
Total Equity	10 131 000	10 283 000	8 679 000	6 060 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	5 575 000	8 400 000	1 100 000
Expenditure	251 000	3 553 000	4 431 000	957 000
Operating Profit	−251 000	2 022 000	3 969 000	143 000
Financial Income	99 000	34 000	29 000	58 000
Financial Costs	0	0	0	0
Financial Balance	99 000	34 000	29 000	58 000
Earnings Before Tax	−152 000	2 056 000	3 998 000	201 000
Tax	0	452 000	880 000	44 000
Net Income	−152 000	1 604 000	3 119 000	157 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	978 000	986 000	2 386 000	2 460 000
Total Current Assets	9 566 000	10 162 000	8 532 000	4 066 000
Total Assets	10 544 000	11 148 000	10 917 000	6 526 000
Total Retained Equity	9 957 000	10 109 000	8 505 000	5 887 000
Total Equity	10 131 000	10 283 000	8 679 000	6 060 000
Total Long-Term Debt	404 000	404 000	404 000	404 000
Total Current Debt	9 000	461 000	1 834 000	61 000
Total Equity and Debt	10 544 000	11 148 000	10 917 000	6 526 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	5 575 000	8 400 000	1 100 000
Other Income	0	0	0	0
Revenue	0	5 575 000	8 400 000	1 100 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	8 000	1 462 000	1 710 000	439 000
Impairment	0	0	0	0
Expenditure	251 000	3 553 000	4 431 000	957 000
Operating Profit	−251 000	2 022 000	3 969 000	143 000
Financial Income	99 000	34 000	29 000	58 000
Financial Costs	0	0	0	0
Financial Balance	99 000	34 000	29 000	58 000
Dividends	0	0	500 000	0
Net Income	−152 000	1 604 000	3 119 000	157 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	575 000	583 000	1 982 000	2 057 000
Fixtures	0	0	0	0
Total Tangible Assets	575 000	583 000	1 982 000	2 057 000
Total Fiancial Fixed Assets	403 000	403 000	403 000	403 000
Total Fixed Assets	978 000	986 000	2 386 000	2 460 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 566 000	10 162 000	4 932 000	4 024 000
Total Current Assets	9 566 000	10 162 000	8 532 000	4 066 000
Total Assets	10 544 000	11 148 000	10 917 000	6 526 000
Total Equity	10 131 000	10 283 000	8 679 000	6 060 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	404 000	404 000	404 000	404 000
Creditors	0	0	446 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	500 000	0
Other Current Debt	9 000	9 000	9 000	17 000
Total Current Debt	9 000	461 000	1 834 000	61 000
Total Equity and Debt	10 544 000	11 148 000	10 917 000	6 526 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,5 %	15,6 %	35,94 %	2,59 %
Debt-to-Equity Ratio	0,04	0,04	0,05	0,07
Operating Profit Margin	-	36,27 %	47,25 %	13 %
Current Ratio	1 062,89	22,04	4,65	66,66
Quick Ratio	1 062,89	22,04	4,65	66,66
Equity Ratio	0,96	0,92	0,79	0,93
Gross Profit Margin	-	100 %	100 %	100 %