MASTER MANAGEMENT AS

7020 TRONDHEIM

Finances

Return on Equity

82,51 %

Current Ratio

3,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 000	572 000	105 000	160 000
Net Income	5 781 000	3 695 000	−788 000	−457 000
Total Assets	10 307 000	13 314 000	14 207 000	12 724 000
Total Equity	7 006 000	4 659 000	964 000	1 752 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 000	572 000	105 000	160 000
Expenditure	90 000	232 000	373 000	457 000
Operating Profit	−60 000	340 000	−268 000	−297 000
Financial Income	6 243 000	4 857 000	354 000	180 000
Financial Costs	203 000	368 000	1 096 000	202 000
Financial Balance	6 040 000	4 489 000	−742 000	−22 000
Earnings Before Tax	5 980 000	4 829 000	−1 010 000	−319 000
Tax	199 000	1 133 000	−222 000	138 000
Net Income	5 781 000	3 695 000	−788 000	−457 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 000	453 000	3 390 000	3 611 000
Total Current Assets	10 182 000	12 860 000	10 817 000	9 113 000
Total Assets	10 307 000	13 314 000	14 207 000	12 724 000
Total Retained Equity	6 006 000	2 543 000	−1 152 000	−364 000
Total Equity	7 006 000	4 659 000	964 000	1 752 000
Total Long-Term Debt	0	0	2 500 000	200 000
Total Current Debt	3 301 000	8 654 000	10 743 000	10 772 000
Total Equity and Debt	10 307 000	13 314 000	14 207 000	12 724 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 000	572 000	105 000	160 000
Other Income	0	0	0	0
Revenue	30 000	572 000	105 000	160 000
Cost of Goods Sold	0	0	0	0
Salary Costs	−5 000	47 000	109 000	281 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	90 000	232 000	373 000	457 000
Operating Profit	−60 000	340 000	−268 000	−297 000
Financial Income	6 243 000	4 857 000	354 000	180 000
Financial Costs	203 000	368 000	1 096 000	202 000
Financial Balance	6 040 000	4 489 000	−742 000	−22 000
Dividends	0	0	0	0
Net Income	5 781 000	3 695 000	−788 000	−457 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	223 000	1 357 000	1 134 000
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	100 000	230 000	2 033 000	2 477 000
Total Fixed Assets	125 000	453 000	3 390 000	3 611 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 173 000	501 000	372 000	933 000
Total Current Assets	10 182 000	12 860 000	10 817 000	9 113 000
Total Assets	10 307 000	13 314 000	14 207 000	12 724 000
Total Equity	7 006 000	4 659 000	964 000	1 752 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	2 500 000	200 000
Creditors	1 000	21 000	90 000	30 000
Unpaid Taxes	0	0	0	49 000
Dividends	0	0	0	0
Other Current Debt	3 300 000	8 633 000	10 653 000	10 693 000
Total Current Debt	3 301 000	8 654 000	10 743 000	10 772 000
Total Equity and Debt	10 307 000	13 314 000	14 207 000	12 724 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,51 %	79,31 %	−81,74 %	−26,08 %
Debt-to-Equity Ratio	0	0	2,59	0,11
Operating Profit Margin	−200 %	59,44 %	−255,24 %	−185,63 %
Current Ratio	3,08	1,49	1,01	0,85
Quick Ratio	3,08	1,49	1,01	0,85
Equity Ratio	0,68	0,35	0,07	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %