MAJAS BAKERI AS

3262 LARVIK

Finances

Return on Equity

28,83 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 379 000	13 730 000	12 993 000	11 390 000
Net Income	1 033 000	1 176 000	1 414 000	906 000
Total Assets	7 678 000	6 767 000	5 974 000	5 328 000
Total Equity	3 583 000	4 749 000	3 646 000	2 897 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 379 000	13 730 000	12 993 000	11 390 000
Expenditure	13 115 000	12 312 000	11 273 000	10 337 000
Operating Profit	1 263 000	1 417 000	1 720 000	1 053 000
Financial Income	53 000	75 000	74 000	88 000
Financial Costs	0	0	0	1 000
Financial Balance	53 000	75 000	74 000	87 000
Earnings Before Tax	1 316 000	1 492 000	1 794 000	1 140 000
Tax	283 000	316 000	379 000	234 000
Net Income	1 033 000	1 176 000	1 414 000	906 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 521 000	2 864 000	543 000	563 000
Total Current Assets	4 157 000	3 902 000	5 430 000	4 765 000
Total Assets	7 678 000	6 767 000	5 974 000	5 328 000
Total Retained Equity	3 313 000	4 479 000	3 376 000	2 627 000
Total Equity	3 583 000	4 749 000	3 646 000	2 897 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 094 000	2 017 000	2 328 000	2 430 000
Total Equity and Debt	7 678 000	6 767 000	5 974 000	5 328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 362 000	13 674 000	12 868 000	11 317 000
Other Income	17 000	55 000	125 000	73 000
Revenue	14 379 000	13 730 000	12 993 000	11 390 000
Cost of Goods Sold	4 026 000	3 732 000	3 341 000	3 185 000
Salary Costs	5 778 000	5 562 000	5 249 000	4 655 000
Depreciation	255 000	270 000	129 000	130 000
Impairment	0	0	0	0
Expenditure	13 115 000	12 312 000	11 273 000	10 337 000
Operating Profit	1 263 000	1 417 000	1 720 000	1 053 000
Financial Income	53 000	75 000	74 000	88 000
Financial Costs	0	0	0	1 000
Financial Balance	53 000	75 000	74 000	87 000
Dividends	2 000 000	0	0	0
Net Income	1 033 000	1 176 000	1 414 000	906 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	37 000	37 000	46 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 606 000	915 000	477 000	469 000
Total Tangible Assets	1 606 000	915 000	477 000	469 000
Total Fiancial Fixed Assets	1 913 000	1 913 000	28 000	48 000
Total Fixed Assets	3 521 000	2 864 000	543 000	563 000
Stock	345 000	302 000	253 000	260 000
Total Investments	0	0	0	0
Cash, Bank	3 504 000	3 284 000	2 698 000	2 142 000
Total Current Assets	4 157 000	3 902 000	5 430 000	4 765 000
Total Assets	7 678 000	6 767 000	5 974 000	5 328 000
Total Equity	3 583 000	4 749 000	3 646 000	2 897 000
Short-Term Group Debt	2 255 000	92 000	854 000	0
Total Long-Term Debt	0	0	0	0
Creditors	659 000	311 000	397 000	392 000
Unpaid Taxes	467 000	487 000	459 000	428 000
Dividends	2 000 000	0	0	0
Other Current Debt	521 000	833 000	435 000	1 387 000
Total Current Debt	4 094 000	2 017 000	2 328 000	2 430 000
Total Equity and Debt	7 678 000	6 767 000	5 974 000	5 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,83 %	24,76 %	38,78 %	31,27 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,78 %	10,32 %	13,24 %	9,24 %
Current Ratio	1,02	1,93	2,33	1,96
Quick Ratio	1,11	2,28	2,62	2,2
Equity Ratio	0,47	0,7	0,61	0,54
Gross Profit Margin	72 %	72,82 %	74,29 %	72,04 %