MESTERFARGE KONGSVINGER MALEMESTER ROGER RØNNINGEN AS

4905 TVEDESTRAND

Finances

Share Ownership

Return on Equity

−53,62 %

Current Ratio

0,22

Debt-to-Equity Ratio

−0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	573 000	808 000	509 000	318 000
Net Income	163 000	105 000	90 000	220 000
Total Assets	72 000	113 000	57 000	121 000
Total Equity	−304 000	−501 000	−606 000	−656 000

Income (NOK)	2022	2021	2020	2019
Revenue	573 000	808 000	509 000	318 000
Expenditure	365 000	673 000	420 000	99 000
Operating Profit	208 000	135 000	90 000	220 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	206 000	135 000	90 000	220 000
Tax	43 000	30 000	0	0
Net Income	163 000	105 000	90 000	220 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	40 000	40 000	0
Total Current Assets	32 000	73 000	17 000	121 000
Total Assets	72 000	113 000	57 000	121 000
Total Retained Equity	−404 000	−601 000	−706 000	−756 000
Total Equity	−304 000	−501 000	−606 000	−656 000
Total Long-Term Debt	231 000	453 000	472 000	711 000
Total Current Debt	145 000	160 000	191 000	66 000
Total Equity and Debt	72 000	113 000	57 000	121 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	573 000	808 000	509 000	318 000
Other Income	0	0	0	0
Revenue	573 000	808 000	509 000	318 000
Cost of Goods Sold	8 000	30 000	27 000	15 000
Salary Costs	157 000	441 000	276 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	365 000	673 000	420 000	99 000
Operating Profit	208 000	135 000	90 000	220 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	0	0	0	0
Net Income	163 000	105 000	90 000	220 000

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	40 000	40 000	40 000	0
Total Tangible Assets	40 000	40 000	40 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 000	40 000	40 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	5 000	17 000	116 000
Total Current Assets	32 000	73 000	17 000	121 000
Total Assets	72 000	113 000	57 000	121 000
Total Equity	−304 000	−501 000	−606 000	−656 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	231 000	453 000	472 000	711 000
Creditors	58 000	18 000	0	10 000
Unpaid Taxes	47 000	47 000	55 000	55 000
Dividends	0	0	0	0
Other Current Debt	40 000	66 000	121 000	0
Total Current Debt	145 000	160 000	191 000	66 000
Total Equity and Debt	72 000	113 000	57 000	121 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,62 %	−20,96 %	−14,85 %	−33,54 %
Debt-to-Equity Ratio	−0,76	−0,9	−0,78	−1,08
Operating Profit Margin	36,3 %	16,71 %	17,68 %	69,18 %
Current Ratio	0,22	0,46	0,09	1,83
Quick Ratio	0,22	0,46	0,09	1,83
Equity Ratio	−4,22	−4,43	−10,63	−5,42
Gross Profit Margin	98,6 %	96,29 %	94,7 %	95,28 %