MF-H ACCOUNTING AS

1443 DRØBAK

Finances

Return on Equity

45,32 %

Current Ratio

1,03

Debt-to-Equity Ratio

1,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 699 000	4 040 000	4 018 000	3 261 000
Net Income	566 000	211 000	408 000	259 000
Total Assets	4 039 000	3 376 000	3 710 000	2 616 000
Total Equity	1 249 000	1 163 000	1 749 000	1 441 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 699 000	4 040 000	4 018 000	3 261 000
Expenditure	4 897 000	3 734 000	3 512 000	2 906 000
Operating Profit	802 000	306 000	506 000	356 000
Financial Income	8 000	2 000	1 000	32 000
Financial Costs	85 000	36 000	22 000	23 000
Financial Balance	−77 000	−34 000	−21 000	9 000
Earnings Before Tax	725 000	272 000	485 000	365 000
Tax	160 000	61 000	78 000	106 000
Net Income	566 000	211 000	408 000	259 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 818 000	2 932 000	2 779 000	2 072 000
Total Current Assets	1 221 000	444 000	931 000	544 000
Total Assets	4 039 000	3 376 000	3 710 000	2 616 000
Total Retained Equity	1 219 000	1 133 000	1 719 000	1 411 000
Total Equity	1 249 000	1 163 000	1 749 000	1 441 000
Total Long-Term Debt	1 605 000	1 565 000	1 198 000	631 000
Total Current Debt	1 186 000	648 000	763 000	543 000
Total Equity and Debt	4 039 000	3 376 000	3 710 000	2 616 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 996 000	4 040 000	3 748 000	3 191 000
Other Income	703 000	0	270 000	70 000
Revenue	5 699 000	4 040 000	4 018 000	3 261 000
Cost of Goods Sold	735 000	20 000	58 000	74 000
Salary Costs	3 464 000	3 132 000	2 952 000	1 964 000
Depreciation	130 000	130 000	78 000	205 000
Impairment	0	0	0	0
Expenditure	4 897 000	3 734 000	3 512 000	2 906 000
Operating Profit	802 000	306 000	506 000	356 000
Financial Income	8 000	2 000	1 000	32 000
Financial Costs	85 000	36 000	22 000	23 000
Financial Balance	−77 000	−34 000	−21 000	9 000
Dividends	480 000	0	100 000	1 050 000
Net Income	566 000	211 000	408 000	259 000

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	769 000	899 000	1 029 000	222 000
Total Tangible Assets	769 000	899 000	1 029 000	222 000
Total Fiancial Fixed Assets	2 049 000	2 033 000	1 750 000	1 850 000
Total Fixed Assets	2 818 000	2 932 000	2 779 000	2 072 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	910 000	192 000	535 000	325 000
Total Current Assets	1 221 000	444 000	931 000	544 000
Total Assets	4 039 000	3 376 000	3 710 000	2 616 000
Total Equity	1 249 000	1 163 000	1 749 000	1 441 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 605 000	1 565 000	1 198 000	631 000
Creditors	39 000	22 000	26 000	27 000
Unpaid Taxes	681 000	316 000	471 000	269 000
Dividends	480 000	0	100 000	1 050 000
Other Current Debt	306 000	254 000	244 000	141 000
Total Current Debt	1 186 000	648 000	763 000	543 000
Total Equity and Debt	4 039 000	3 376 000	3 710 000	2 616 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,32 %	18,14 %	23,33 %	17,97 %
Debt-to-Equity Ratio	1,29	1,35	0,68	0,44
Operating Profit Margin	14,07 %	7,57 %	12,59 %	10,92 %
Current Ratio	1,03	0,69	1,22	1
Quick Ratio	1,03	0,69	1,22	1
Equity Ratio	0,31	0,34	0,47	0,55
Gross Profit Margin	87,1 %	99,5 %	98,56 %	97,73 %