M J ENTERPRISES AS

3111 TØNSBERG

Finances

Share Ownership

Return on Equity

−4,31 %

Current Ratio

1,74

Debt-to-Equity Ratio

1,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 020 000	799 000	1 340 000	912 000
Net Income	−55 000	−304 000	−307 000	−778 000
Total Assets	3 157 000	3 187 000	3 372 000	3 961 000
Total Equity	1 276 000	1 331 000	1 634 000	1 941 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 020 000	799 000	1 340 000	912 000
Expenditure	1 044 000	1 047 000	1 657 000	1 571 000
Operating Profit	−24 000	−248 000	−317 000	−659 000
Financial Income	5 000	0	43 000	7 000
Financial Costs	36 000	56 000	33 000	126 000
Financial Balance	−31 000	−56 000	10 000	−119 000
Earnings Before Tax	−55 000	−304 000	−307 000	−778 000
Tax	0	0	0	0
Net Income	−55 000	−304 000	−307 000	−778 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 837 000	2 720 000	2 720 000	2 720 000
Total Current Assets	320 000	467 000	652 000	1 241 000
Total Assets	3 157 000	3 187 000	3 372 000	3 961 000
Total Retained Equity	1 176 000	1 231 000	1 534 000	1 841 000
Total Equity	1 276 000	1 331 000	1 634 000	1 941 000
Total Long-Term Debt	1 698 000	1 692 000	1 537 000	1 755 000
Total Current Debt	184 000	165 000	201 000	265 000
Total Equity and Debt	3 157 000	3 187 000	3 372 000	3 961 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 020 000	796 000	1 149 000	912 000
Other Income	0	4 000	191 000	0
Revenue	1 020 000	799 000	1 340 000	912 000
Cost of Goods Sold	0	4 000	192 000	0
Salary Costs	908 000	903 000	1 018 000	1 326 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 044 000	1 047 000	1 657 000	1 571 000
Operating Profit	−24 000	−248 000	−317 000	−659 000
Financial Income	5 000	0	43 000	7 000
Financial Costs	36 000	56 000	33 000	126 000
Financial Balance	−31 000	−56 000	10 000	−119 000
Dividends	0	0	0	0
Net Income	−55 000	−304 000	−307 000	−778 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 837 000	2 720 000	2 720 000	2 720 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 837 000	2 720 000	2 720 000	2 720 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 837 000	2 720 000	2 720 000	2 720 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	286 000	438 000	621 000	1 086 000
Total Current Assets	320 000	467 000	652 000	1 241 000
Total Assets	3 157 000	3 187 000	3 372 000	3 961 000
Total Equity	1 276 000	1 331 000	1 634 000	1 941 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 698 000	1 692 000	1 537 000	1 755 000
Creditors	30 000	11 000	33 000	39 000
Unpaid Taxes	71 000	71 000	74 000	101 000
Dividends	0	0	0	0
Other Current Debt	83 000	83 000	94 000	125 000
Total Current Debt	184 000	165 000	201 000	265 000
Total Equity and Debt	3 157 000	3 187 000	3 372 000	3 961 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,31 %	−22,84 %	−18,79 %	−40,08 %
Debt-to-Equity Ratio	1,33	1,27	0,94	0,9
Operating Profit Margin	−2,35 %	−31,04 %	−23,66 %	−72,26 %
Current Ratio	1,74	2,83	3,24	4,68
Quick Ratio	1,74	2,83	3,24	4,68
Equity Ratio	0,4	0,42	0,48	0,49
Gross Profit Margin	100 %	99,5 %	85,67 %	100 %