M8 DESIGN AS

2847 KOLBU

Finances

Share Ownership

Return on Equity

−1 700 %

Current Ratio

0,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 335 000	1 600 000	2 128 000	1 883 000
Net Income	−68 000	−80 000	250 000	−70 000
Total Assets	261 000	294 000	473 000	259 000
Total Equity	4 000	71 000	151 000	−99 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 335 000	1 600 000	2 128 000	1 883 000
Expenditure	1 416 000	1 696 000	1 871 000	1 947 000
Operating Profit	−81 000	−96 000	257 000	−63 000
Financial Income	2 000	2 000	5 000	0
Financial Costs	8 000	4 000	5 000	7 000
Financial Balance	−6 000	−2 000	0	−7 000
Earnings Before Tax	−87 000	−98 000	256 000	−70 000
Tax	−19 000	−18 000	7 000	0
Net Income	−68 000	−80 000	250 000	−70 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	148 000	172 000	153 000	121 000
Total Current Assets	113 000	122 000	320 000	138 000
Total Assets	261 000	294 000	473 000	259 000
Total Retained Equity	−296 000	−229 000	−149 000	−399 000
Total Equity	4 000	71 000	151 000	−99 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	258 000	223 000	322 000	358 000
Total Equity and Debt	261 000	294 000	473 000	259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 335 000	1 600 000	2 115 000	1 883 000
Other Income	0	0	13 000	0
Revenue	1 335 000	1 600 000	2 128 000	1 883 000
Cost of Goods Sold	163 000	251 000	107 000	126 000
Salary Costs	820 000	1 050 000	1 307 000	1 355 000
Depreciation	43 000	42 000	30 000	0
Impairment	0	0	0	0
Expenditure	1 416 000	1 696 000	1 871 000	1 947 000
Operating Profit	−81 000	−96 000	257 000	−63 000
Financial Income	2 000	2 000	5 000	0
Financial Costs	8 000	4 000	5 000	7 000
Financial Balance	−6 000	−2 000	0	−7 000
Dividends	0	0	0	0
Net Income	−68 000	−80 000	250 000	−70 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	104 000	85 000	67 000	73 000
Real Eastate	32 000	58 000	69 000	48 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	29 000	17 000	0
Total Tangible Assets	44 000	87 000	86 000	48 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	148 000	172 000	153 000	121 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−82 000	84 000	163 000	6 000
Total Current Assets	113 000	122 000	320 000	138 000
Total Assets	261 000	294 000	473 000	259 000
Total Equity	4 000	71 000	151 000	−99 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	59 000	7 000	30 000	19 000
Unpaid Taxes	125 000	121 000	181 000	64 000
Dividends	0	0	0	0
Other Current Debt	74 000	95 000	111 000	125 000
Total Current Debt	258 000	223 000	322 000	358 000
Total Equity and Debt	261 000	294 000	473 000	259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 700 %	−112,68 %	165,56 %	70,71 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−6,07 %	−6 %	12,08 %	−3,35 %
Current Ratio	0,44	0,55	0,99	0,39
Quick Ratio	0,44	0,55	0,99	0,39
Equity Ratio	0,02	0,24	0,32	−0,38
Gross Profit Margin	87,79 %	84,31 %	94,97 %	93,31 %