MMC AS

5184 OLSVIK

Finances

Share Ownership

Return on Equity

−45,44 %

Current Ratio

2,73

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 000	1 970 000	1 335 000	499 000
Net Income	−667 000	536 000	122 000	−593 000
Total Assets	1 739 000	2 856 000	2 438 000	1 991 000
Total Equity	1 468 000	2 135 000	1 899 000	1 776 000

Income (NOK)	2022	2021	2020	2019
Revenue	78 000	1 970 000	1 335 000	499 000
Expenditure	932 000	1 282 000	1 178 000	1 258 000
Operating Profit	−855 000	688 000	157 000	−758 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Earnings Before Tax	−855 000	688 000	157 000	−760 000
Tax	−188 000	151 000	35 000	−167 000
Net Income	−667 000	536 000	122 000	−593 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 110 000	1 152 000	1 521 000	1 799 000
Total Current Assets	630 000	1 704 000	918 000	192 000
Total Assets	1 739 000	2 856 000	2 438 000	1 991 000
Total Retained Equity	−182 000	485 000	249 000	126 000
Total Equity	1 468 000	2 135 000	1 899 000	1 776 000
Total Long-Term Debt	41 000	76 000	65 000	44 000
Total Current Debt	231 000	645 000	475 000	171 000
Total Equity and Debt	1 739 000	2 856 000	2 438 000	1 991 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 000	1 970 000	1 335 000	499 000
Other Income	0	0	0	0
Revenue	78 000	1 970 000	1 335 000	499 000
Cost of Goods Sold	0	0	0	0
Salary Costs	545 000	580 000	669 000	509 000
Depreciation	230 000	230 000	244 000	233 000
Impairment	0	0	0	0
Expenditure	932 000	1 282 000	1 178 000	1 258 000
Operating Profit	−855 000	688 000	157 000	−758 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	2 000
Financial Balance	0	0	0	−2 000
Dividends	0	300 000	0	0
Net Income	−667 000	536 000	122 000	−593 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 110 000	1 152 000	1 521 000	1 785 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	14 000
Total Tangible Assets	0	0	0	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 110 000	1 152 000	1 521 000	1 799 000
Stock	43 000	43 000	43 000	43 000
Total Investments	0	0	0	0
Cash, Bank	586 000	1 631 000	374 000	128 000
Total Current Assets	630 000	1 704 000	918 000	192 000
Total Assets	1 739 000	2 856 000	2 438 000	1 991 000
Total Equity	1 468 000	2 135 000	1 899 000	1 776 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	41 000	76 000	65 000	44 000
Creditors	0	2 000	6 000	1 000
Unpaid Taxes	31 000	64 000	76 000	15 000
Dividends	0	300 000	0	0
Other Current Debt	199 000	266 000	393 000	155 000
Total Current Debt	231 000	645 000	475 000	171 000
Total Equity and Debt	1 739 000	2 856 000	2 438 000	1 991 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,44 %	25,11 %	6,42 %	−33,39 %
Debt-to-Equity Ratio	0,03	0,04	0,03	0,02
Operating Profit Margin	−1 096,15 %	34,92 %	11,76 %	−151,9 %
Current Ratio	2,73	2,64	1,93	1,12
Quick Ratio	3,35	2,83	2,13	1,5
Equity Ratio	0,84	0,75	0,78	0,89
Gross Profit Margin	100 %	100 %	100 %	100 %