M-TRADE AS

1395 HVALSTAD

Finances

Return on Equity

5,1 %

Current Ratio

1,3

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 880 000	7 656 000	7 184 000	1 181 000
Net Income	37 000	1 267 000	397 000	−357 000
Total Assets	3 143 000	4 338 000	1 972 000	539 000
Total Equity	725 000	688 000	420 000	93 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 880 000	7 656 000	7 184 000	1 181 000
Expenditure	9 699 000	7 162 000	6 733 000	1 284 000
Operating Profit	181 000	494 000	451 000	−104 000
Financial Income	42 000	938 000	74 000	0
Financial Costs	153 000	61 000	52 000	258 000
Financial Balance	−111 000	877 000	22 000	−258 000
Earnings Before Tax	70 000	1 371 000	474 000	−361 000
Tax	32 000	104 000	77 000	−4 000
Net Income	37 000	1 267 000	397 000	−357 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	500 000	500 000	500 000	500 000
Total Current Assets	2 643 000	3 838 000	1 472 000	39 000
Total Assets	3 143 000	4 338 000	1 972 000	539 000
Total Retained Equity	525 000	488 000	220 000	−107 000
Total Equity	725 000	688 000	420 000	93 000
Total Long-Term Debt	383 000	1 062 000	220 000	0
Total Current Debt	2 034 000	2 588 000	1 331 000	445 000
Total Equity and Debt	3 143 000	4 338 000	1 972 000	539 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 655 000	7 543 000	7 086 000	787 000
Other Income	225 000	113 000	98 000	394 000
Revenue	9 880 000	7 656 000	7 184 000	1 181 000
Cost of Goods Sold	6 048 000	4 543 000	4 384 000	693 000
Salary Costs	2 011 000	1 444 000	893 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 699 000	7 162 000	6 733 000	1 284 000
Operating Profit	181 000	494 000	451 000	−104 000
Financial Income	42 000	938 000	74 000	0
Financial Costs	153 000	61 000	52 000	258 000
Financial Balance	−111 000	877 000	22 000	−258 000
Dividends	0	1 000 000	70 000	0
Net Income	37 000	1 267 000	397 000	−357 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	500 000	500 000	500 000	500 000
Total Fixed Assets	500 000	500 000	500 000	500 000
Stock	1 003 000	1 020 000	683 000	0
Total Investments	0	0	0	0
Cash, Bank	181 000	291 000	98 000	32 000
Total Current Assets	2 643 000	3 838 000	1 472 000	39 000
Total Assets	3 143 000	4 338 000	1 972 000	539 000
Total Equity	725 000	688 000	420 000	93 000
Short-Term Group Debt	0	0	0	45 000
Total Long-Term Debt	383 000	1 062 000	220 000	0
Creditors	1 013 000	729 000	646 000	318 000
Unpaid Taxes	487 000	499 000	448 000	51 000
Dividends	0	1 000 000	70 000	0
Other Current Debt	495 000	254 000	98 000	31 000
Total Current Debt	2 034 000	2 588 000	1 331 000	445 000
Total Equity and Debt	3 143 000	4 338 000	1 972 000	539 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,1 %	184,16 %	94,52 %	−383,87 %
Debt-to-Equity Ratio	0,53	1,54	0,52	0
Operating Profit Margin	1,83 %	6,45 %	6,28 %	−8,81 %
Current Ratio	1,3	1,48	1,11	0,09
Quick Ratio	2,56	2,45	2,27	0,09
Equity Ratio	0,23	0,16	0,21	0,17
Gross Profit Margin	38,79 %	40,66 %	38,98 %	41,32 %