MYRSTRAND TORVFABRIKK AS

2436 VÅLER I SOLØR

Finances

Share Ownership

Return on Equity

−0,7 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 147 000	4 303 000	4 305 000	3 713 000
Net Income	−13 000	95 000	310 000	−433 000
Total Assets	3 925 000	4 405 000	4 656 000	4 941 000
Total Equity	1 851 000	1 865 000	1 770 000	1 460 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 147 000	4 303 000	4 305 000	3 713 000
Expenditure	4 067 000	4 075 000	3 785 000	4 116 000
Operating Profit	87 000	225 000	528 000	−407 000
Financial Income	0	0	2 000	0
Financial Costs	104 000	104 000	134 000	147 000
Financial Balance	−104 000	−104 000	−132 000	−147 000
Earnings Before Tax	−17 000	121 000	397 000	−554 000
Tax	−4 000	27 000	87 000	−122 000
Net Income	−13 000	95 000	310 000	−433 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 575 000	3 097 000	3 577 000	3 955 000
Total Current Assets	1 351 000	1 308 000	1 079 000	986 000
Total Assets	3 925 000	4 405 000	4 656 000	4 941 000
Total Retained Equity	1 751 000	1 765 000	1 670 000	1 360 000
Total Equity	1 851 000	1 865 000	1 770 000	1 460 000
Total Long-Term Debt	1 090 000	1 588 000	2 002 000	2 379 000
Total Current Debt	984 000	952 000	884 000	1 102 000
Total Equity and Debt	3 925 000	4 405 000	4 656 000	4 941 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 147 000	4 303 000	4 305 000	3 673 000
Other Income	0	0	0	40 000
Revenue	4 147 000	4 303 000	4 305 000	3 713 000
Cost of Goods Sold	1 143 000	1 026 000	1 039 000	1 456 000
Salary Costs	1 245 000	1 459 000	1 305 000	1 167 000
Depreciation	539 000	566 000	549 000	520 000
Impairment	0	0	0	0
Expenditure	4 067 000	4 075 000	3 785 000	4 116 000
Operating Profit	87 000	225 000	528 000	−407 000
Financial Income	0	0	2 000	0
Financial Costs	104 000	104 000	134 000	147 000
Financial Balance	−104 000	−104 000	−132 000	−147 000
Dividends	0	0	0	0
Net Income	−13 000	95 000	310 000	−433 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	86 000	86 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 488 000	3 010 000	3 577 000	3 955 000
Total Tangible Assets	2 575 000	3 097 000	3 577 000	3 955 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 575 000	3 097 000	3 577 000	3 955 000
Stock	631 000	682 000	585 000	551 000
Total Investments	0	0	0	0
Cash, Bank	10 000	24 000	22 000	10 000
Total Current Assets	1 351 000	1 308 000	1 079 000	986 000
Total Assets	3 925 000	4 405 000	4 656 000	4 941 000
Total Equity	1 851 000	1 865 000	1 770 000	1 460 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 090 000	1 588 000	2 002 000	2 379 000
Creditors	313 000	286 000	236 000	222 000
Unpaid Taxes	64 000	66 000	46 000	40 000
Dividends	0	0	0	0
Other Current Debt	201 000	221 000	189 000	173 000
Total Current Debt	984 000	952 000	884 000	1 102 000
Total Equity and Debt	3 925 000	4 405 000	4 656 000	4 941 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,7 %	5,09 %	17,51 %	−29,66 %
Debt-to-Equity Ratio	0,59	0,85	1,13	1,63
Operating Profit Margin	2,1 %	5,23 %	12,26 %	−10,96 %
Current Ratio	1,37	1,37	1,22	0,89
Quick Ratio	3,83	4,84	3,61	1,79
Equity Ratio	0,47	0,42	0,38	0,3
Gross Profit Margin	72,44 %	76,16 %	75,87 %	60,79 %