MASSE GJENBRUKS SENTERET AS

2211 KONGSVINGER

Finances

Share Ownership

Return on Equity

42,77 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 493 000	17 084 000	14 750 000	15 687 000
Net Income	828 000	2 111 000	1 587 000	1 948 000
Total Assets	5 513 000	6 809 000	5 768 000	6 216 000
Total Equity	1 936 000	1 936 000	1 725 000	1 725 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 493 000	17 084 000	14 750 000	15 687 000
Expenditure	18 508 000	14 457 000	12 798 000	13 209 000
Operating Profit	984 000	2 627 000	1 951 000	2 478 000
Financial Income	65 000	20 000	28 000	56 000
Financial Costs	9 000	0	2 000	0
Financial Balance	56 000	20 000	26 000	56 000
Earnings Before Tax	1 040 000	2 647 000	1 978 000	2 534 000
Tax	212 000	536 000	391 000	586 000
Net Income	828 000	2 111 000	1 587 000	1 948 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	360 000	73 000	31 000	98 000
Total Current Assets	5 153 000	6 735 000	5 736 000	6 118 000
Total Assets	5 513 000	6 809 000	5 768 000	6 216 000
Total Retained Equity	436 000	436 000	225 000	225 000
Total Equity	1 936 000	1 936 000	1 725 000	1 725 000
Total Long-Term Debt	102 000	0	0	0
Total Current Debt	3 476 000	4 873 000	4 043 000	4 491 000
Total Equity and Debt	5 513 000	6 809 000	5 768 000	6 216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 790 000	16 857 000	14 493 000	15 684 000
Other Income	703 000	226 000	257 000	2 000
Revenue	19 493 000	17 084 000	14 750 000	15 687 000
Cost of Goods Sold	5 689 000	4 115 000	3 476 000	3 003 000
Salary Costs	3 974 000	3 644 000	3 153 000	3 534 000
Depreciation	109 000	37 000	108 000	255 000
Impairment	0	0	0	0
Expenditure	18 508 000	14 457 000	12 798 000	13 209 000
Operating Profit	984 000	2 627 000	1 951 000	2 478 000
Financial Income	65 000	20 000	28 000	56 000
Financial Costs	9 000	0	2 000	0
Financial Balance	56 000	20 000	26 000	56 000
Dividends	0	0	0	2 000 000
Net Income	828 000	2 111 000	1 587 000	1 948 000

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	360 000	73 000	31 000	98 000
Fixtures	0	0	0	0
Total Tangible Assets	360 000	73 000	31 000	98 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	360 000	73 000	31 000	98 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	213 000	219 000	223 000	199 000
Total Current Assets	5 153 000	6 735 000	5 736 000	6 118 000
Total Assets	5 513 000	6 809 000	5 768 000	6 216 000
Total Equity	1 936 000	1 936 000	1 725 000	1 725 000
Short-Term Group Debt	939 000	2 436 000	0	0
Total Long-Term Debt	102 000	0	0	0
Creditors	1 611 000	1 270 000	1 099 000	1 202 000
Unpaid Taxes	489 000	542 000	520 000	169 000
Dividends	0	0	0	2 000 000
Other Current Debt	437 000	624 000	446 000	534 000
Total Current Debt	3 476 000	4 873 000	4 043 000	4 491 000
Total Equity and Debt	5 513 000	6 809 000	5 768 000	6 216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,77 %	109,04 %	92 %	112,93 %
Debt-to-Equity Ratio	0,05	0	0	0
Operating Profit Margin	5,05 %	15,38 %	13,23 %	15,8 %
Current Ratio	1,48	1,38	1,42	1,36
Quick Ratio	1,48	1,38	1,42	1,36
Equity Ratio	0,35	0,28	0,3	0,28
Gross Profit Margin	70,82 %	75,91 %	76,43 %	80,86 %