M G HOLDING AS

4706 VENNESLA

Finances

Return on Equity

−74,7 %

Current Ratio

0,27

Debt-to-Equity Ratio

9,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	765 000	890 000	720 000	608 000
Net Income	−186 000	234 000	−4 000	82 000
Total Assets	2 751 000	3 150 000	2 997 000	3 244 000
Total Equity	249 000	435 000	202 000	247 000

Income (NOK)	2022	2021	2020	2019
Revenue	765 000	890 000	720 000	608 000
Expenditure	880 000	490 000	625 000	363 000
Operating Profit	−115 000	400 000	95 000	244 000
Financial Income	0	0	0	0
Financial Costs	124 000	100 000	114 000	124 000
Financial Balance	−124 000	−100 000	−114 000	−124 000
Earnings Before Tax	−238 000	299 000	−20 000	120 000
Tax	−52 000	66 000	−15 000	38 000
Net Income	−186 000	234 000	−4 000	82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 717 000	2 658 000	2 767 000	2 878 000
Total Current Assets	34 000	492 000	231 000	366 000
Total Assets	2 751 000	3 150 000	2 997 000	3 244 000
Total Retained Equity	219 000	405 000	172 000	217 000
Total Equity	249 000	435 000	202 000	247 000
Total Long-Term Debt	2 378 000	2 602 000	2 787 000	2 956 000
Total Current Debt	124 000	112 000	8 000	41 000
Total Equity and Debt	2 751 000	3 150 000	2 997 000	3 244 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	765 000	890 000	720 000	608 000
Other Income	0	0	0	0
Revenue	765 000	890 000	720 000	608 000
Cost of Goods Sold	0	0	0	0
Salary Costs	201 000	10 000	0	0
Depreciation	114 000	109 000	111 000	111 000
Impairment	0	0	0	0
Expenditure	880 000	490 000	625 000	363 000
Operating Profit	−115 000	400 000	95 000	244 000
Financial Income	0	0	0	0
Financial Costs	124 000	100 000	114 000	124 000
Financial Balance	−124 000	−100 000	−114 000	−124 000
Dividends	0	0	0	0
Net Income	−186 000	234 000	−4 000	82 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 554 000	2 653 000	2 762 000	2 873 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	58 000	0	0	0
Total Tangible Assets	2 612 000	2 653 000	2 762 000	2 873 000
Total Fiancial Fixed Assets	105 000	5 000	5 000	5 000
Total Fixed Assets	2 717 000	2 658 000	2 767 000	2 878 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	332 000	214 000	196 000
Total Current Assets	34 000	492 000	231 000	366 000
Total Assets	2 751 000	3 150 000	2 997 000	3 244 000
Total Equity	249 000	435 000	202 000	247 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 378 000	2 602 000	2 787 000	2 956 000
Creditors	16 000	0	8 000	0
Unpaid Taxes	84 000	41 000	0	0
Dividends	0	0	0	0
Other Current Debt	24 000	0	0	0
Total Current Debt	124 000	112 000	8 000	41 000
Total Equity and Debt	2 751 000	3 150 000	2 997 000	3 244 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−74,7 %	53,79 %	−1,98 %	33,2 %
Debt-to-Equity Ratio	9,55	5,98	13,8	11,97
Operating Profit Margin	−15,03 %	44,94 %	13,19 %	40,13 %
Current Ratio	0,27	4,39	28,88	8,93
Quick Ratio	0,27	4,39	28,88	8,93
Equity Ratio	0,09	0,14	0,07	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %