MURMESTER TOR MICHELSEN AS

3216 SANDEFJORD

Finances

Return on Equity

10,78 %

Current Ratio

3,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 005 000	3 041 000	3 737 000	3 780 000
Net Income	143 000	187 000	426 000	86 000
Total Assets	1 775 000	2 821 000	2 864 000	2 716 000
Total Equity	1 326 000	1 183 000	2 196 000	1 770 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 005 000	3 041 000	3 737 000	3 780 000
Expenditure	2 802 000	2 795 000	3 177 000	3 672 000
Operating Profit	203 000	246 000	560 000	108 000
Financial Income	7 000	11 000	4 000	4 000
Financial Costs	1 000	0	0	0
Financial Balance	6 000	11 000	4 000	4 000
Earnings Before Tax	209 000	257 000	563 000	112 000
Tax	66 000	70 000	137 000	26 000
Net Income	143 000	187 000	426 000	86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 000	112 000	187 000	263 000
Total Current Assets	1 751 000	2 709 000	2 676 000	2 453 000
Total Assets	1 775 000	2 821 000	2 864 000	2 716 000
Total Retained Equity	1 226 000	1 083 000	2 096 000	1 670 000
Total Equity	1 326 000	1 183 000	2 196 000	1 770 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	449 000	1 638 000	668 000	947 000
Total Equity and Debt	1 775 000	2 821 000	2 864 000	2 716 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 909 000	3 004 000	3 727 000	3 780 000
Other Income	96 000	37 000	10 000	0
Revenue	3 005 000	3 041 000	3 737 000	3 780 000
Cost of Goods Sold	1 034 000	957 000	1 194 000	1 111 000
Salary Costs	1 353 000	1 311 000	1 461 000	1 979 000
Depreciation	51 000	76 000	76 000	79 000
Impairment	0	0	0	0
Expenditure	2 802 000	2 795 000	3 177 000	3 672 000
Operating Profit	203 000	246 000	560 000	108 000
Financial Income	7 000	11 000	4 000	4 000
Financial Costs	1 000	0	0	0
Financial Balance	6 000	11 000	4 000	4 000
Dividends	0	1 200 000	0	0
Net Income	143 000	187 000	426 000	86 000

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	0	0	0	0
Fixtures	10 000	98 000	173 000	249 000
Total Tangible Assets	10 000	98 000	173 000	249 000
Total Fiancial Fixed Assets	14 000	14 000	14 000	14 000
Total Fixed Assets	24 000	112 000	187 000	263 000
Stock	360 000	400 000	445 000	494 000
Total Investments	0	0	1 000	1 000
Cash, Bank	1 108 000	1 714 000	1 101 000	1 530 000
Total Current Assets	1 751 000	2 709 000	2 676 000	2 453 000
Total Assets	1 775 000	2 821 000	2 864 000	2 716 000
Total Equity	1 326 000	1 183 000	2 196 000	1 770 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	0	98 000	331 000
Unpaid Taxes	130 000	168 000	251 000	251 000
Dividends	0	1 200 000	0	0
Other Current Debt	237 000	201 000	182 000	339 000
Total Current Debt	449 000	1 638 000	668 000	947 000
Total Equity and Debt	1 775 000	2 821 000	2 864 000	2 716 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,78 %	15,81 %	19,4 %	4,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,76 %	8,09 %	14,99 %	2,86 %
Current Ratio	3,9	1,65	4,01	2,59
Quick Ratio	19,67	2,19	12	5,42
Equity Ratio	0,75	0,42	0,77	0,65
Gross Profit Margin	65,59 %	68,53 %	68,05 %	70,61 %