M2 INVEST AS

3269 LARVIK

Finances

Return on Equity

2,83 %

Current Ratio

0,12

Debt-to-Equity Ratio

−0,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	334 000	401 000	236 000	113 000
Net Income	−60 000	−5 000	119 000	75 000
Total Assets	468 000	464 000	309 000	339 000
Total Equity	−2 122 000	−2 061 000	−2 056 000	−2 175 000

Income (NOK)	2022	2021	2020	2019
Revenue	334 000	401 000	236 000	113 000
Expenditure	395 000	406 000	165 000	88 000
Operating Profit	−60 000	−5 000	71 000	25 000
Financial Income	0	0	48 000	50 000
Financial Costs	0	0	0	0
Financial Balance	0	0	48 000	50 000
Earnings Before Tax	−60 000	−5 000	119 000	75 000
Tax	0	0	0	0
Net Income	−60 000	−5 000	119 000	75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	411 000	319 000	300 000	186 000
Total Current Assets	57 000	145 000	9 000	153 000
Total Assets	468 000	464 000	309 000	339 000
Total Retained Equity	−2 222 000	−2 161 000	−2 156 000	−2 275 000
Total Equity	−2 122 000	−2 061 000	−2 056 000	−2 175 000
Total Long-Term Debt	2 100 000	2 100 000	2 301 000	2 101 000
Total Current Debt	490 000	425 000	65 000	414 000
Total Equity and Debt	468 000	464 000	309 000	339 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	334 000	381 000	236 000	113 000
Other Income	0	20 000	0	0
Revenue	334 000	401 000	236 000	113 000
Cost of Goods Sold	0	0	0	0
Salary Costs	30 000	0	0	0
Depreciation	9 000	6 000	0	0
Impairment	0	0	0	0
Expenditure	395 000	406 000	165 000	88 000
Operating Profit	−60 000	−5 000	71 000	25 000
Financial Income	0	0	48 000	50 000
Financial Costs	0	0	0	0
Financial Balance	0	0	48 000	50 000
Dividends	0	0	0	0
Net Income	−60 000	−5 000	119 000	75 000

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	11 000	19 000	0	0
Total Tangible Assets	11 000	19 000	0	0
Total Fiancial Fixed Assets	400 000	300 000	300 000	186 000
Total Fixed Assets	411 000	319 000	300 000	186 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	57 000	25 000	9 000	3 000
Total Current Assets	57 000	145 000	9 000	153 000
Total Assets	468 000	464 000	309 000	339 000
Total Equity	−2 122 000	−2 061 000	−2 056 000	−2 175 000
Short-Term Group Debt	160 000	0	0	0
Total Long-Term Debt	2 100 000	2 100 000	2 301 000	2 101 000
Creditors	16 000	46 000	57 000	41 000
Unpaid Taxes	1 000	22 000	7 000	5 000
Dividends	0	0	0	0
Other Current Debt	313 000	357 000	0	368 000
Total Current Debt	490 000	425 000	65 000	414 000
Total Equity and Debt	468 000	464 000	309 000	339 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,83 %	0,24 %	−5,79 %	−3,45 %
Debt-to-Equity Ratio	−0,99	−1,02	−1,12	−0,97
Operating Profit Margin	−17,96 %	−1,25 %	30,08 %	22,12 %
Current Ratio	0,12	0,34	0,14	0,37
Quick Ratio	0,12	0,34	0,14	0,37
Equity Ratio	−4,53	−4,44	−6,65	−6,42
Gross Profit Margin	100 %	100 %	100 %	100 %