MRS AS

4029 STAVANGER

Finances

Return on Equity

5,61 %

Current Ratio

4,76

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 349 000	15 287 000	11 667 000	14 328 000
Net Income	988 000	3 821 000	158 000	16 518 000
Total Assets	25 316 000	26 116 000	23 991 000	25 431 000
Total Equity	17 601 000	16 613 000	12 792 000	12 607 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 349 000	15 287 000	11 667 000	14 328 000
Expenditure	11 451 000	10 355 000	11 087 000	10 222 000
Operating Profit	1 898 000	4 932 000	581 000	4 106 000
Financial Income	0	0	0	12 975 000
Financial Costs	302 000	327 000	430 000	575 000
Financial Balance	−302 000	−327 000	−430 000	12 400 000
Earnings Before Tax	1 596 000	4 606 000	151 000	16 506 000
Tax	608 000	785 000	−8 000	−13 000
Net Income	988 000	3 821 000	158 000	16 518 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 063 000	13 175 000	15 623 000	18 084 000
Total Current Assets	14 253 000	12 942 000	8 368 000	7 347 000
Total Assets	25 316 000	26 116 000	23 991 000	25 431 000
Total Retained Equity	15 683 000	14 696 000	10 875 000	10 717 000
Total Equity	17 601 000	16 613 000	12 792 000	12 607 000
Total Long-Term Debt	4 721 000	7 077 000	9 080 000	11 057 000
Total Current Debt	2 995 000	2 427 000	2 119 000	1 767 000
Total Equity and Debt	25 316 000	26 116 000	23 991 000	25 431 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 109 000	15 045 000	11 427 000	14 148 000
Other Income	240 000	242 000	240 000	180 000
Revenue	13 349 000	15 287 000	11 667 000	14 328 000
Cost of Goods Sold	2 712 000	1 212 000	1 154 000	1 376 000
Salary Costs	4 241 000	4 434 000	4 325 000	4 074 000
Depreciation	2 146 000	2 468 000	2 504 000	2 610 000
Impairment	0	0	0	0
Expenditure	11 451 000	10 355 000	11 087 000	10 222 000
Operating Profit	1 898 000	4 932 000	581 000	4 106 000
Financial Income	0	0	0	12 975 000
Financial Costs	302 000	327 000	430 000	575 000
Financial Balance	−302 000	−327 000	−430 000	12 400 000
Dividends	0	0	0	0
Net Income	988 000	3 821 000	158 000	16 518 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 323 000	6 869 000	7 416 000	7 963 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 327 000	5 892 000	7 793 000	9 707 000
Total Tangible Assets	10 649 000	12 761 000	15 210 000	17 670 000
Total Fiancial Fixed Assets	414 000	414 000	414 000	414 000
Total Fixed Assets	11 063 000	13 175 000	15 623 000	18 084 000
Stock	536 000	552 000	494 000	623 000
Total Investments	0	0	0	0
Cash, Bank	9 553 000	10 605 000	3 399 000	1 839 000
Total Current Assets	14 253 000	12 942 000	8 368 000	7 347 000
Total Assets	25 316 000	26 116 000	23 991 000	25 431 000
Total Equity	17 601 000	16 613 000	12 792 000	12 607 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 721 000	7 077 000	9 080 000	11 057 000
Creditors	1 004 000	448 000	321 000	319 000
Unpaid Taxes	889 000	669 000	1 298 000	973 000
Dividends	0	0	0	0
Other Current Debt	494 000	525 000	500 000	475 000
Total Current Debt	2 995 000	2 427 000	2 119 000	1 767 000
Total Equity and Debt	25 316 000	26 116 000	23 991 000	25 431 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,61 %	23 %	1,24 %	131,02 %
Debt-to-Equity Ratio	0,27	0,43	0,71	0,88
Operating Profit Margin	14,22 %	32,26 %	4,98 %	28,66 %
Current Ratio	4,76	5,33	3,95	4,16
Quick Ratio	5,8	6,9	5,15	6,42
Equity Ratio	0,7	0,64	0,53	0,5
Gross Profit Margin	79,68 %	92,07 %	90,11 %	90,4 %