M SOMMER AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

−817,78 %

Current Ratio

3,2

Debt-to-Equity Ratio

17,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 328 000	2 980 000	3 094 000	3 015 000
Net Income	−736 000	−740 000	−457 000	−463 000
Total Assets	2 365 000	2 312 000	1 932 000	1 886 000
Total Equity	90 000	90 000	100 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 328 000	2 980 000	3 094 000	3 015 000
Expenditure	4 269 000	3 925 000	3 678 000	3 602 000
Operating Profit	−941 000	−945 000	−584 000	−588 000
Financial Income	1 000	0	0	0
Financial Costs	4 000	0	3 000	5 000
Financial Balance	−3 000	0	−3 000	−5 000
Earnings Before Tax	−944 000	−945 000	−586 000	−593 000
Tax	−208 000	−206 000	−129 000	−130 000
Net Income	−736 000	−740 000	−457 000	−463 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 365 000	2 312 000	1 932 000	1 886 000
Total Assets	2 365 000	2 312 000	1 932 000	1 886 000
Total Retained Equity	−10 000	−10 000	0	−1 121 000
Total Equity	90 000	90 000	100 000	100 000
Total Long-Term Debt	1 537 000	1 500 000	1 181 000	1 184 000
Total Current Debt	738 000	723 000	651 000	602 000
Total Equity and Debt	2 365 000	2 312 000	1 932 000	1 886 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 328 000	2 980 000	3 094 000	3 015 000
Other Income	0	0	0	0
Revenue	3 328 000	2 980 000	3 094 000	3 015 000
Cost of Goods Sold	1 163 000	1 020 000	974 000	1 066 000
Salary Costs	2 391 000	2 229 000	2 086 000	1 948 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 269 000	3 925 000	3 678 000	3 602 000
Operating Profit	−941 000	−945 000	−584 000	−588 000
Financial Income	1 000	0	0	0
Financial Costs	4 000	0	3 000	5 000
Financial Balance	−3 000	0	−3 000	−5 000
Dividends	0	0	0	0
Net Income	−736 000	−740 000	−457 000	−463 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	1 165 000	1 219 000	1 222 000	1 107 000
Total Investments	0	0	0	0
Cash, Bank	147 000	110 000	97 000	155 000
Total Current Assets	2 365 000	2 312 000	1 932 000	1 886 000
Total Assets	2 365 000	2 312 000	1 932 000	1 886 000
Total Equity	90 000	90 000	100 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 537 000	1 500 000	1 181 000	1 184 000
Creditors	14 000	8 000	23 000	31 000
Unpaid Taxes	213 000	213 000	204 000	161 000
Dividends	0	0	0	0
Other Current Debt	510 000	501 000	423 000	410 000
Total Current Debt	738 000	723 000	651 000	602 000
Total Equity and Debt	2 365 000	2 312 000	1 932 000	1 886 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−817,78 %	−822,22 %	−457 %	−463 %
Debt-to-Equity Ratio	17,08	16,67	11,81	11,84
Operating Profit Margin	−28,28 %	−31,71 %	−18,88 %	−19,5 %
Current Ratio	3,2	3,2	2,97	3,13
Quick Ratio	−5,54	−4,66	−3,38	−3,73
Equity Ratio	0,04	0,04	0,05	0,05
Gross Profit Margin	65,05 %	65,77 %	68,52 %	64,64 %