MUSTVEDT AS

3719 SKIEN

Finances

Share Ownership

Return on Equity

10,68 %

Current Ratio

0,92

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 609 000	32 277 000	25 378 000	29 308 000
Net Income	342 000	−286 000	−683 000	1 054 000
Total Assets	13 577 000	9 571 000	9 795 000	9 610 000
Total Equity	3 201 000	2 859 000	3 146 000	3 829 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 609 000	32 277 000	25 378 000	29 308 000
Expenditure	37 069 000	32 716 000	26 135 000	27 863 000
Operating Profit	539 000	−440 000	−757 000	1 444 000
Financial Income	0	0	1 000	7 000
Financial Costs	101 000	99 000	120 000	99 000
Financial Balance	−101 000	−99 000	−119 000	−92 000
Earnings Before Tax	438 000	−539 000	−876 000	1 351 000
Tax	96 000	−253 000	−192 000	297 000
Net Income	342 000	−286 000	−683 000	1 054 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 980 000	5 482 000	6 425 000	5 173 000
Total Current Assets	7 597 000	4 090 000	3 370 000	4 437 000
Total Assets	13 577 000	9 571 000	9 795 000	9 610 000
Total Retained Equity	2 701 000	2 359 000	2 646 000	3 329 000
Total Equity	3 201 000	2 859 000	3 146 000	3 829 000
Total Long-Term Debt	2 153 000	1 679 000	3 109 000	2 238 000
Total Current Debt	8 223 000	5 033 000	3 540 000	3 543 000
Total Equity and Debt	13 577 000	9 571 000	9 795 000	9 610 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 017 000	31 654 000	25 058 000	27 173 000
Other Income	3 592 000	623 000	321 000	2 135 000
Revenue	37 609 000	32 277 000	25 378 000	29 308 000
Cost of Goods Sold	3 399 000	3 452 000	2 614 000	2 910 000
Salary Costs	9 252 000	9 521 000	7 663 000	7 874 000
Depreciation	674 000	687 000	666 000	578 000
Impairment	0	0	0	0
Expenditure	37 069 000	32 716 000	26 135 000	27 863 000
Operating Profit	539 000	−440 000	−757 000	1 444 000
Financial Income	0	0	1 000	7 000
Financial Costs	101 000	99 000	120 000	99 000
Financial Balance	−101 000	−99 000	−119 000	−92 000
Dividends	0	0	0	0
Net Income	342 000	−286 000	−683 000	1 054 000

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	2 746 000	2 312 000	2 881 000	1 021 000
Total Tangible Assets	2 746 000	2 312 000	2 881 000	1 021 000
Total Fiancial Fixed Assets	3 234 000	3 170 000	3 543 000	4 152 000
Total Fixed Assets	5 980 000	5 482 000	6 425 000	5 173 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−355 000	1 335 000	894 000	1 752 000
Total Current Assets	7 597 000	4 090 000	3 370 000	4 437 000
Total Assets	13 577 000	9 571 000	9 795 000	9 610 000
Total Equity	3 201 000	2 859 000	3 146 000	3 829 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 153 000	1 679 000	3 109 000	2 238 000
Creditors	2 708 000	2 040 000	1 488 000	1 582 000
Unpaid Taxes	1 970 000	1 019 000	980 000	879 000
Dividends	0	0	0	0
Other Current Debt	3 545 000	1 974 000	1 072 000	1 034 000
Total Current Debt	8 223 000	5 033 000	3 540 000	3 543 000
Total Equity and Debt	13 577 000	9 571 000	9 795 000	9 610 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,68 %	−10 %	−21,71 %	27,53 %
Debt-to-Equity Ratio	0,67	0,59	0,99	0,58
Operating Profit Margin	1,43 %	−1,36 %	−2,98 %	4,93 %
Current Ratio	0,92	0,81	0,95	1,25
Quick Ratio	0,92	0,81	0,95	1,25
Equity Ratio	0,24	0,3	0,32	0,4
Gross Profit Margin	90,96 %	89,31 %	89,7 %	90,07 %