MG SERVICE AS

0664 OSLO

Finances

Share Ownership

Return on Equity

0 %

Current Ratio

112,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	311 000	450 000	379 000	244 000
Net Income	0	27 000	−68 000	−72 000
Total Assets	1 821 000	1 908 000	2 011 000	2 067 000
Total Equity	1 805 000	1 805 000	1 778 000	2 046 000

Income (NOK)	2022	2021	2020	2019
Revenue	311 000	450 000	379 000	244 000
Expenditure	319 000	425 000	460 000	334 000
Operating Profit	−9 000	24 000	−80 000	−90 000
Financial Income	9 000	3 000	12 000	18 000
Financial Costs	0	0	0	0
Financial Balance	9 000	3 000	12 000	18 000
Earnings Before Tax	0	27 000	−68 000	−72 000
Tax	0	0	0	0
Net Income	0	27 000	−68 000	−72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	0	0	0
Total Current Assets	1 801 000	1 908 000	2 011 000	2 067 000
Total Assets	1 821 000	1 908 000	2 011 000	2 067 000
Total Retained Equity	1 575 000	1 575 000	1 548 000	1 815 000
Total Equity	1 805 000	1 805 000	1 778 000	2 046 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	16 000	103 000	233 000	21 000
Total Equity and Debt	1 821 000	1 908 000	2 011 000	2 067 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	311 000	450 000	379 000	244 000
Other Income	0	0	0	0
Revenue	311 000	450 000	379 000	244 000
Cost of Goods Sold	91 000	199 000	229 000	145 000
Salary Costs	0	0	0	0
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	319 000	425 000	460 000	334 000
Operating Profit	−9 000	24 000	−80 000	−90 000
Financial Income	9 000	3 000	12 000	18 000
Financial Costs	0	0	0	0
Financial Balance	9 000	3 000	12 000	18 000
Dividends	0	0	200 000	0
Net Income	0	27 000	−68 000	−72 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	21 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 000	0	0	0
Stock	0	0	0	23 000
Total Investments	0	0	0	0
Cash, Bank	1 694 000	1 862 000	1 954 000	1 978 000
Total Current Assets	1 801 000	1 908 000	2 011 000	2 067 000
Total Assets	1 821 000	1 908 000	2 011 000	2 067 000
Total Equity	1 805 000	1 805 000	1 778 000	2 046 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	10 000
Unpaid Taxes	15 000	49 000	31 000	−2 000
Dividends	0	0	200 000	0
Other Current Debt	2 000	54 000	2 000	14 000
Total Current Debt	16 000	103 000	233 000	21 000
Total Equity and Debt	1 821 000	1 908 000	2 011 000	2 067 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0 %	1,5 %	−3,82 %	−3,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,89 %	5,33 %	−21,11 %	−36,89 %
Current Ratio	112,56	18,52	8,63	98,43
Quick Ratio	112,56	18,52	8,63	−1 033,5
Equity Ratio	0,99	0,95	0,88	0,99
Gross Profit Margin	70,74 %	55,78 %	39,58 %	40,57 %