MARTIN JARNÆS NILSEN AS

1482 NITTEDAL

Finances

Share Ownership

Return on Equity

−359,18 %

Current Ratio

1,28

Debt-to-Equity Ratio

5,8

Key figures (NOK)	2021	2020	2019	2018
Revenue	4 238 000	5 394 000	4 360 000	5 950 000
Net Income	−704 000	−215 000	−319 000	403 000
Total Assets	1 785 000	3 005 000	3 282 000	4 201 000
Total Equity	196 000	900 000	1 115 000	1 434 000

Income (NOK)	2021	2020	2019	2018
Revenue	4 238 000	5 394 000	4 360 000	5 950 000
Expenditure	4 877 000	4 982 000	4 153 000	4 465 000
Operating Profit	−638 000	−91 000	−255 000	599 000
Financial Income	0	0	1 000	1 000
Financial Costs	66 000	86 000	88 000	94 000
Financial Balance	−66 000	−86 000	−87 000	−93 000
Earnings Before Tax	−704 000	−177 000	−343 000	505 000
Tax	0	38 000	−23 000	103 000
Net Income	−704 000	−215 000	−319 000	403 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 206 000	1 900 000	2 024 000	2 739 000
Total Current Assets	579 000	1 105 000	1 258 000	1 462 000
Total Assets	1 785 000	3 005 000	3 282 000	4 201 000
Total Retained Equity	96 000	800 000	1 015 000	1 334 000
Total Equity	196 000	900 000	1 115 000	1 434 000
Total Long-Term Debt	1 136 000	1 527 000	1 572 000	2 051 000
Total Current Debt	453 000	579 000	595 000	716 000
Total Equity and Debt	1 785 000	3 005 000	3 282 000	4 201 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	4 158 000	5 388 000	4 360 000	5 736 000
Other Income	79 000	6 000	0	214 000
Revenue	4 238 000	5 394 000	4 360 000	5 950 000
Cost of Goods Sold	1 004 000	868 000	792 000	1 080 000
Salary Costs	1 396 000	1 574 000	1 242 000	1 154 000
Depreciation	849 000	860 000	807 000	895 000
Impairment	0	0	0	0
Expenditure	4 877 000	4 982 000	4 153 000	4 465 000
Operating Profit	−638 000	−91 000	−255 000	599 000
Financial Income	0	0	1 000	1 000
Financial Costs	66 000	86 000	88 000	94 000
Financial Balance	−66 000	−86 000	−87 000	−93 000
Dividends	0	0	0	0
Net Income	−704 000	−215 000	−319 000	403 000

Balance details (NOK)	2021	2020	2019	2018
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	1 206 000	1 900 000	2 024 000	2 739 000
Total Tangible Assets	1 206 000	1 900 000	2 024 000	2 739 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 206 000	1 900 000	2 024 000	2 739 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	252 000	457 000	299 000	697 000
Total Current Assets	579 000	1 105 000	1 258 000	1 462 000
Total Assets	1 785 000	3 005 000	3 282 000	4 201 000
Total Equity	196 000	900 000	1 115 000	1 434 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 136 000	1 527 000	1 572 000	2 051 000
Creditors	153 000	151 000	185 000	267 000
Unpaid Taxes	129 000	184 000	242 000	260 000
Dividends	0	0	0	0
Other Current Debt	172 000	206 000	169 000	110 000
Total Current Debt	453 000	579 000	595 000	716 000
Total Equity and Debt	1 785 000	3 005 000	3 282 000	4 201 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−359,18 %	−23,89 %	−28,61 %	28,1 %
Debt-to-Equity Ratio	5,8	1,7	1,41	1,43
Operating Profit Margin	−15,05 %	−1,69 %	−5,85 %	10,07 %
Current Ratio	1,28	1,91	2,11	2,04
Quick Ratio	1,28	1,91	2,11	2,04
Equity Ratio	0,11	0,3	0,34	0,34
Gross Profit Margin	76,31 %	83,91 %	81,83 %	81,85 %