MM-SALONGEN AS

9020 TROMSDALEN

Finances

Share Ownership

Return on Equity

38,14 %

Current Ratio

2,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 384 000	6 881 000	6 115 000	5 754 000
Net Income	1 169 000	1 084 000	1 038 000	835 000
Total Assets	5 547 000	4 804 000	4 066 000	3 455 000
Total Equity	3 065 000	2 895 000	2 311 000	1 773 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 384 000	6 881 000	6 115 000	5 754 000
Expenditure	5 884 000	5 505 000	4 786 000	4 693 000
Operating Profit	1 500 000	1 390 000	1 335 000	1 066 000
Financial Income	2 000	0	2 000	4 000
Financial Costs	1 000	0	1 000	1 000
Financial Balance	1 000	0	1 000	3 000
Earnings Before Tax	1 501 000	1 390 000	1 336 000	1 070 000
Tax	331 000	306 000	298 000	235 000
Net Income	1 169 000	1 084 000	1 038 000	835 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	108 000	58 000	25 000	26 000
Total Current Assets	5 440 000	4 746 000	4 041 000	3 429 000
Total Assets	5 547 000	4 804 000	4 066 000	3 455 000
Total Retained Equity	2 965 000	2 795 000	2 211 000	1 673 000
Total Equity	3 065 000	2 895 000	2 311 000	1 773 000
Total Long-Term Debt	3 000	4 000	3 000	0
Total Current Debt	2 480 000	1 905 000	1 752 000	1 682 000
Total Equity and Debt	5 547 000	4 804 000	4 066 000	3 455 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 384 000	6 881 000	6 052 000	5 754 000
Other Income	0	0	63 000	0
Revenue	7 384 000	6 881 000	6 115 000	5 754 000
Cost of Goods Sold	653 000	687 000	550 000	562 000
Salary Costs	4 322 000	4 013 000	3 481 000	3 408 000
Depreciation	17 000	4 000	4 000	0
Impairment	0	0	0	0
Expenditure	5 884 000	5 505 000	4 786 000	4 693 000
Operating Profit	1 500 000	1 390 000	1 335 000	1 066 000
Financial Income	2 000	0	2 000	4 000
Financial Costs	1 000	0	1 000	1 000
Financial Balance	1 000	0	1 000	3 000
Dividends	1 000 000	500 000	500 000	500 000
Net Income	1 169 000	1 084 000	1 038 000	835 000

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	94 000	48 000	14 000	18 000
Total Tangible Assets	94 000	48 000	14 000	18 000
Total Fiancial Fixed Assets	14 000	10 000	11 000	8 000
Total Fixed Assets	108 000	58 000	25 000	26 000
Stock	633 000	538 000	560 000	571 000
Total Investments	0	0	0	0
Cash, Bank	4 738 000	4 137 000	3 417 000	2 795 000
Total Current Assets	5 440 000	4 746 000	4 041 000	3 429 000
Total Assets	5 547 000	4 804 000	4 066 000	3 455 000
Total Equity	3 065 000	2 895 000	2 311 000	1 773 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	4 000	3 000	0
Creditors	168 000	152 000	115 000	148 000
Unpaid Taxes	541 000	248 000	270 000	221 000
Dividends	1 000 000	500 000	500 000	500 000
Other Current Debt	439 000	700 000	572 000	580 000
Total Current Debt	2 480 000	1 905 000	1 752 000	1 682 000
Total Equity and Debt	5 547 000	4 804 000	4 066 000	3 455 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,14 %	37,44 %	44,92 %	47,1 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,31 %	20,2 %	21,83 %	18,53 %
Current Ratio	2,19	2,49	2,31	2,04
Quick Ratio	2,95	3,47	3,39	3,09
Equity Ratio	0,55	0,6	0,57	0,51
Gross Profit Margin	91,16 %	90,02 %	91,01 %	90,23 %