M'LABS AS

5017 BERGEN

Finances

Return on Equity

−12,5 %

Current Ratio

1,53

Debt-to-Equity Ratio

1,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	341 000	3 672 000	5 826 000	7 398 000
Net Income	−188 000	−450 000	−271 000	−2 061 000
Total Assets	4 247 000	4 509 000	6 923 000	5 781 000
Total Equity	1 504 000	1 692 000	2 792 000	3 063 000

Income (NOK)	2022	2021	2020	2019
Revenue	341 000	3 672 000	5 826 000	7 398 000
Expenditure	426 000	3 979 000	6 028 000	8 669 000
Operating Profit	−85 000	−307 000	−202 000	−1 273 000
Financial Income	0	34 000	13 000	5 000
Financial Costs	104 000	178 000	83 000	793 000
Financial Balance	−104 000	−144 000	−70 000	−788 000
Earnings Before Tax	−188 000	−450 000	−271 000	−2 061 000
Tax	0	0	0	0
Net Income	−188 000	−450 000	−271 000	−2 061 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 105 000	4 033 000	5 009 000	2 995 000
Total Current Assets	142 000	476 000	1 915 000	2 786 000
Total Assets	4 247 000	4 509 000	6 923 000	5 781 000
Total Retained Equity	−1 288 000	−1 100 000	0	0
Total Equity	1 504 000	1 692 000	2 792 000	3 063 000
Total Long-Term Debt	2 650 000	1 186 000	1 428 000	238 000
Total Current Debt	93 000	1 631 000	2 704 000	2 479 000
Total Equity and Debt	4 247 000	4 509 000	6 923 000	5 781 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	154 000	2 966 000	5 826 000	7 398 000
Other Income	187 000	706 000	0	0
Revenue	341 000	3 672 000	5 826 000	7 398 000
Cost of Goods Sold	15 000	399 000	1 343 000	4 788 000
Salary Costs	18 000	1 801 000	2 202 000	2 063 000
Depreciation	0	32 000	566 000	416 000
Impairment	0	0	0	0
Expenditure	426 000	3 979 000	6 028 000	8 669 000
Operating Profit	−85 000	−307 000	−202 000	−1 273 000
Financial Income	0	34 000	13 000	5 000
Financial Costs	104 000	178 000	83 000	793 000
Financial Balance	−104 000	−144 000	−70 000	−788 000
Dividends	0	0	0	0
Net Income	−188 000	−450 000	−271 000	−2 061 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 306 000	1 249 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	80 000	0
Total Tangible Assets	0	0	80 000	0
Total Fiancial Fixed Assets	4 105 000	4 033 000	3 622 000	1 745 000
Total Fixed Assets	4 105 000	4 033 000	5 009 000	2 995 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	97 000	88 000	125 000	75 000
Total Current Assets	142 000	476 000	1 915 000	2 786 000
Total Assets	4 247 000	4 509 000	6 923 000	5 781 000
Total Equity	1 504 000	1 692 000	2 792 000	3 063 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 650 000	1 186 000	1 428 000	238 000
Creditors	85 000	123 000	547 000	267 000
Unpaid Taxes	8 000	97 000	318 000	503 000
Dividends	0	0	0	0
Other Current Debt	0	−6 000	560 000	696 000
Total Current Debt	93 000	1 631 000	2 704 000	2 479 000
Total Equity and Debt	4 247 000	4 509 000	6 923 000	5 781 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,5 %	−26,6 %	−9,71 %	−67,29 %
Debt-to-Equity Ratio	1,76	0,7	0,51	0,08
Operating Profit Margin	−24,93 %	−8,36 %	−3,47 %	−17,21 %
Current Ratio	1,53	0,29	0,71	1,12
Quick Ratio	1,53	0,29	0,71	1,12
Equity Ratio	0,35	0,38	0,4	0,53
Gross Profit Margin	95,6 %	89,13 %	76,95 %	35,28 %