MANNAVITA NORWAY AS

3330 SKOTSELV

Finances

Return on Equity

27,2 %

Current Ratio

0,11

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	362 000	506 000	827 000	1 178 000
Net Income	−182 000	−368 000	−172 000	−92 000
Total Assets	753 000	791 000	852 000	913 000
Total Equity	−669 000	−488 000	−79 000	87 000

Income (NOK)	2022	2021	2020	2019
Revenue	362 000	506 000	827 000	1 178 000
Expenditure	564 000	785 000	1 043 000	1 271 000
Operating Profit	−201 000	−279 000	−216 000	−92 000
Financial Income	0	0	0	0
Financial Costs	32 000	6 000	8 000	0
Financial Balance	−32 000	−6 000	−8 000	0
Earnings Before Tax	−233 000	−285 000	−223 000	−92 000
Tax	−51 000	83 000	−51 000	0
Net Income	−182 000	−368 000	−172 000	−92 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	593 000	593 000	642 000	593 000
Total Current Assets	160 000	198 000	210 000	320 000
Total Assets	753 000	791 000	852 000	913 000
Total Retained Equity	−1 273 000	−1 091 000	−672 000	−506 000
Total Equity	−669 000	−488 000	−79 000	87 000
Total Long-Term Debt	−15 000	367 000	284 000	284 000
Total Current Debt	1 437 000	912 000	648 000	543 000
Total Equity and Debt	753 000	791 000	852 000	913 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	362 000	483 000	827 000	1 178 000
Other Income	0	23 000	0	0
Revenue	362 000	506 000	827 000	1 178 000
Cost of Goods Sold	61 000	302 000	449 000	623 000
Salary Costs	52 000	142 000	222 000	162 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	564 000	785 000	1 043 000	1 271 000
Operating Profit	−201 000	−279 000	−216 000	−92 000
Financial Income	0	0	0	0
Financial Costs	32 000	6 000	8 000	0
Financial Balance	−32 000	−6 000	−8 000	0
Dividends	0	0	0	0
Net Income	−182 000	−368 000	−172 000	−92 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	49 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	488 000	488 000	488 000	488 000
Fixtures	105 000	105 000	105 000	105 000
Total Tangible Assets	593 000	593 000	593 000	593 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	593 000	593 000	642 000	593 000
Stock	106 000	106 000	106 000	106 000
Total Investments	0	0	0	0
Cash, Bank	6 000	31 000	25 000	48 000
Total Current Assets	160 000	198 000	210 000	320 000
Total Assets	753 000	791 000	852 000	913 000
Total Equity	−669 000	−488 000	−79 000	87 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−15 000	367 000	284 000	284 000
Creditors	1 124 000	643 000	461 000	354 000
Unpaid Taxes	5 000	−6 000	11 000	28 000
Dividends	0	0	0	0
Other Current Debt	306 000	273 000	176 000	159 000
Total Current Debt	1 437 000	912 000	648 000	543 000
Total Equity and Debt	753 000	791 000	852 000	913 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,2 %	75,41 %	217,72 %	−105,75 %
Debt-to-Equity Ratio	0,02	−0,75	−3,59	3,26
Operating Profit Margin	−55,52 %	−55,14 %	−26,12 %	−7,81 %
Current Ratio	0,11	0,22	0,32	0,59
Quick Ratio	0,12	0,25	0,39	0,73
Equity Ratio	−0,89	−0,62	−0,09	0,1
Gross Profit Margin	83,15 %	40,32 %	45,71 %	47,11 %