M&M PROSJEKTUTVIKLING ÅLESUND AS

6015 ÅLESUND

Finances

Share Ownership

Return on Equity

−57,35 %

Current Ratio

1,63

Debt-to-Equity Ratio

10,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	550 000	926 000	1 022 000	0
Net Income	−121 000	−50 000	53 000	−10 000
Total Assets	6 360 000	6 286 000	5 923 000	1 023 000
Total Equity	211 000	331 000	381 000	328 000

Income (NOK)	2022	2021	2020	2019
Revenue	550 000	926 000	1 022 000	0
Expenditure	704 000	988 000	954 000	13 000
Operating Profit	−154 000	−62 000	68 000	−13 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	−154 000	−64 000	68 000	−13 000
Tax	−34 000	−14 000	15 000	−3 000
Net Income	−121 000	−50 000	53 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	4 000	0	0
Total Current Assets	6 322 000	6 282 000	5 923 000	1 023 000
Total Assets	6 360 000	6 286 000	5 923 000	1 023 000
Total Retained Equity	80 000	200 000	250 000	197 000
Total Equity	211 000	331 000	381 000	328 000
Total Long-Term Debt	2 270 000	2 270 000	1 841 000	690 000
Total Current Debt	3 879 000	3 684 000	3 702 000	5 000
Total Equity and Debt	6 360 000	6 286 000	5 923 000	1 023 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	550 000	0	0	0
Other Income	0	926 000	1 022 000	0
Revenue	550 000	926 000	1 022 000	0
Cost of Goods Sold	514 000	801 000	919 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	704 000	988 000	954 000	13 000
Operating Profit	−154 000	−62 000	68 000	−13 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	−121 000	−50 000	53 000	−10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	4 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	38 000	4 000	0	0
Stock	5 651 000	5 911 000	5 861 000	778 000
Total Investments	0	0	0	0
Cash, Bank	667 000	362 000	58 000	245 000
Total Current Assets	6 322 000	6 282 000	5 923 000	1 023 000
Total Assets	6 360 000	6 286 000	5 923 000	1 023 000
Total Equity	211 000	331 000	381 000	328 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 270 000	2 270 000	1 841 000	690 000
Creditors	3 000	32 000	219 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 000	5 000	5 000	5 000
Total Current Debt	3 879 000	3 684 000	3 702 000	5 000
Total Equity and Debt	6 360 000	6 286 000	5 923 000	1 023 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,35 %	−15,11 %	13,91 %	−3,05 %
Debt-to-Equity Ratio	10,76	6,86	4,83	2,1
Operating Profit Margin	−28 %	−6,7 %	6,65 %	-
Current Ratio	1,63	1,71	1,6	204,6
Quick Ratio	−3,57	−2,82	−2,74	−1,32
Equity Ratio	0,03	0,05	0,06	0,32
Gross Profit Margin	6,55 %	13,5 %	10,08 %	-