MONEL FASHION AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

−483,06 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 958 000	17 062 000	30 609 000	36 042 000
Net Income	−2 082 000	−709 000	428 000	1 409 000
Total Assets	6 203 000	8 381 000	10 540 000	9 881 000
Total Equity	431 000	563 000	1 273 000	2 633 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 958 000	17 062 000	30 609 000	36 042 000
Expenditure	15 098 000	17 705 000	29 381 000	31 881 000
Operating Profit	−2 140 000	−644 000	1 229 000	4 161 000
Financial Income	−211 000	102 000	247 000	171 000
Financial Costs	316 000	359 000	927 000	2 521 000
Financial Balance	−527 000	−257 000	−680 000	−2 350 000
Earnings Before Tax	−2 668 000	−901 000	549 000	1 811 000
Tax	−586 000	−192 000	121 000	401 000
Net Income	−2 082 000	−709 000	428 000	1 409 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	321 000	383 000	2 510 000	407 000
Total Current Assets	5 882 000	7 998 000	8 030 000	9 473 000
Total Assets	6 203 000	8 381 000	10 540 000	9 881 000
Total Retained Equity	−1 619 000	463 000	1 173 000	2 533 000
Total Equity	431 000	563 000	1 273 000	2 633 000
Total Long-Term Debt	0	0	21 000	9 000
Total Current Debt	5 772 000	7 818 000	9 247 000	7 238 000
Total Equity and Debt	6 203 000	8 381 000	10 540 000	9 881 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 857 000	17 062 000	30 609 000	36 042 000
Other Income	101 000	0	0	0
Revenue	12 958 000	17 062 000	30 609 000	36 042 000
Cost of Goods Sold	9 880 000	10 994 000	14 972 000	19 400 000
Salary Costs	1 238 000	1 784 000	2 881 000	3 539 000
Depreciation	98 000	98 000	98 000	68 000
Impairment	0	0	0	0
Expenditure	15 098 000	17 705 000	29 381 000	31 881 000
Operating Profit	−2 140 000	−644 000	1 229 000	4 161 000
Financial Income	−211 000	102 000	247 000	171 000
Financial Costs	316 000	359 000	927 000	2 521 000
Financial Balance	−527 000	−257 000	−680 000	−2 350 000
Dividends	0	0	0	0
Net Income	−2 082 000	−709 000	428 000	1 409 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	207 000	171 000	0	0
Real Eastate	30 000	62 000	94 000	126 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	84 000	150 000	216 000	282 000
Total Tangible Assets	114 000	212 000	310 000	407 000
Total Fiancial Fixed Assets	0	0	2 200 000	0
Total Fixed Assets	321 000	383 000	2 510 000	407 000
Stock	3 058 000	2 790 000	3 363 000	4 294 000
Total Investments	0	0	0	0
Cash, Bank	448 000	923 000	335 000	87 000
Total Current Assets	5 882 000	7 998 000	8 030 000	9 473 000
Total Assets	6 203 000	8 381 000	10 540 000	9 881 000
Total Equity	431 000	563 000	1 273 000	2 633 000
Short-Term Group Debt	2 662 000	4 465 000	0	0
Total Long-Term Debt	0	0	21 000	9 000
Creditors	521 000	1 660 000	4 625 000	4 963 000
Unpaid Taxes	94 000	82 000	490 000	1 000 000
Dividends	0	0	0	0
Other Current Debt	2 495 000	1 611 000	4 132 000	879 000
Total Current Debt	5 772 000	7 818 000	9 247 000	7 238 000
Total Equity and Debt	6 203 000	8 381 000	10 540 000	9 881 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−483,06 %	−125,93 %	33,62 %	53,51 %
Debt-to-Equity Ratio	0	0	0,02	0
Operating Profit Margin	−16,51 %	−3,77 %	4,02 %	11,54 %
Current Ratio	1,02	1,02	0,87	1,31
Quick Ratio	2,17	1,59	1,36	3,22
Equity Ratio	0,07	0,07	0,12	0,27
Gross Profit Margin	23,75 %	35,56 %	51,09 %	46,17 %