MYKLAND MASKIN AS

4980 GJERSTAD

Finances

Share Ownership

Return on Equity

20,47 %

Current Ratio

2,16

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 205 000	3 704 000	3 229 000	4 171 000
Net Income	234 000	−54 000	−260 000	385 000
Total Assets	2 323 000	2 429 000	2 679 000	2 651 000
Total Equity	1 143 000	909 000	963 000	1 223 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 205 000	3 704 000	3 229 000	4 171 000
Expenditure	2 858 000	3 720 000	3 531 000	3 641 000
Operating Profit	348 000	−16 000	−301 000	530 000
Financial Income	0	0	0	0
Financial Costs	48 000	53 000	32 000	36 000
Financial Balance	−48 000	−53 000	−32 000	−36 000
Earnings Before Tax	300 000	−69 000	−333 000	494 000
Tax	66 000	−15 000	−73 000	109 000
Net Income	234 000	−54 000	−260 000	385 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 229 000	1 369 000	1 422 000	1 186 000
Total Current Assets	1 094 000	1 060 000	1 258 000	1 466 000
Total Assets	2 323 000	2 429 000	2 679 000	2 651 000
Total Retained Equity	1 043 000	809 000	863 000	1 123 000
Total Equity	1 143 000	909 000	963 000	1 223 000
Total Long-Term Debt	673 000	714 000	837 000	443 000
Total Current Debt	507 000	806 000	879 000	986 000
Total Equity and Debt	2 323 000	2 429 000	2 679 000	2 651 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 655 000	3 634 000	3 366 000	4 001 000
Other Income	550 000	70 000	−136 000	170 000
Revenue	3 205 000	3 704 000	3 229 000	4 171 000
Cost of Goods Sold	57 000	142 000	105 000	38 000
Salary Costs	856 000	1 658 000	1 460 000	1 663 000
Depreciation	199 000	198 000	187 000	198 000
Impairment	0	0	0	0
Expenditure	2 858 000	3 720 000	3 531 000	3 641 000
Operating Profit	348 000	−16 000	−301 000	530 000
Financial Income	0	0	0	0
Financial Costs	48 000	53 000	32 000	36 000
Financial Balance	−48 000	−53 000	−32 000	−36 000
Dividends	0	0	0	0
Net Income	234 000	−54 000	−260 000	385 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	451 000	451 000	451 000	451 000
Machinery and Plant Facilities	721 000	767 000	752 000	472 000
Fixtures	57 000	151 000	219 000	263 000
Total Tangible Assets	1 229 000	1 369 000	1 422 000	1 186 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 229 000	1 369 000	1 422 000	1 186 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	176 000	388 000	81 000	76 000
Total Current Assets	1 094 000	1 060 000	1 258 000	1 466 000
Total Assets	2 323 000	2 429 000	2 679 000	2 651 000
Total Equity	1 143 000	909 000	963 000	1 223 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	673 000	714 000	837 000	443 000
Creditors	136 000	346 000	107 000	156 000
Unpaid Taxes	224 000	243 000	263 000	298 000
Dividends	0	0	0	0
Other Current Debt	147 000	195 000	174 000	201 000
Total Current Debt	507 000	806 000	879 000	986 000
Total Equity and Debt	2 323 000	2 429 000	2 679 000	2 651 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,47 %	−5,94 %	−27 %	31,48 %
Debt-to-Equity Ratio	0,59	0,79	0,87	0,36
Operating Profit Margin	10,86 %	−0,43 %	−9,32 %	12,71 %
Current Ratio	2,16	1,32	1,43	1,49
Quick Ratio	2,16	1,32	1,43	1,49
Equity Ratio	0,49	0,37	0,36	0,46
Gross Profit Margin	98,22 %	96,17 %	96,75 %	99,09 %