MAJAS SALONG AS

4626 KRISTIANSAND S

Finances

Return on Equity

76,65 %

Current Ratio

1,56

Debt-to-Equity Ratio

2,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 369 000	12 077 000	12 003 000	14 778 000
Net Income	1 080 000	−841 000	729 000	525 000
Total Assets	8 611 000	8 815 000	11 045 000	10 771 000
Total Equity	1 409 000	2 379 000	4 118 000	3 388 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 369 000	12 077 000	12 003 000	14 778 000
Expenditure	11 722 000	13 254 000	11 155 000	14 148 000
Operating Profit	646 000	−1 176 000	848 000	630 000
Financial Income	123 000	78 000	72 000	44 000
Financial Costs	0	2 000	1 000	0
Financial Balance	123 000	76 000	71 000	44 000
Earnings Before Tax	769 000	−1 100 000	919 000	673 000
Tax	−311 000	−258 000	190 000	148 000
Net Income	1 080 000	−841 000	729 000	525 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 061 000	3 059 000	2 668 000	3 100 000
Total Current Assets	5 550 000	5 756 000	8 377 000	7 671 000
Total Assets	8 611 000	8 815 000	11 045 000	10 771 000
Total Retained Equity	0	−759 000	4 051 000	3 321 000
Total Equity	1 409 000	2 379 000	4 118 000	3 388 000
Total Long-Term Debt	3 634 000	3 832 000	4 030 000	4 228 000
Total Current Debt	3 567 000	2 603 000	2 897 000	3 155 000
Total Equity and Debt	8 611 000	8 815 000	11 045 000	10 771 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 525 000	11 749 000	11 718 000	14 778 000
Other Income	844 000	328 000	285 000	0
Revenue	12 369 000	12 077 000	12 003 000	14 778 000
Cost of Goods Sold	850 000	1 254 000	987 000	1 385 000
Salary Costs	6 946 000	8 421 000	6 925 000	9 259 000
Depreciation	323 000	415 000	413 000	408 000
Impairment	0	0	0	0
Expenditure	11 722 000	13 254 000	11 155 000	14 148 000
Operating Profit	646 000	−1 176 000	848 000	630 000
Financial Income	123 000	78 000	72 000	44 000
Financial Costs	0	2 000	1 000	0
Financial Balance	123 000	76 000	71 000	44 000
Dividends	2 050 000	0	0	0
Net Income	1 080 000	−841 000	729 000	525 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	569 000	258 000	897 000	938 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	592 000	915 000	1 336 000	1 727 000
Total Tangible Assets	592 000	915 000	1 336 000	1 727 000
Total Fiancial Fixed Assets	1 900 000	1 885 000	435 000	435 000
Total Fixed Assets	3 061 000	3 059 000	2 668 000	3 100 000
Stock	790 000	880 000	1 202 000	1 038 000
Total Investments	0	0	0	0
Cash, Bank	4 398 000	4 410 000	6 591 000	6 062 000
Total Current Assets	5 550 000	5 756 000	8 377 000	7 671 000
Total Assets	8 611 000	8 815 000	11 045 000	10 771 000
Total Equity	1 409 000	2 379 000	4 118 000	3 388 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 634 000	3 832 000	4 030 000	4 228 000
Creditors	−62 000	186 000	295 000	228 000
Unpaid Taxes	799 000	954 000	970 000	1 084 000
Dividends	2 050 000	0	0	0
Other Current Debt	781 000	1 463 000	1 483 000	1 739 000
Total Current Debt	3 567 000	2 603 000	2 897 000	3 155 000
Total Equity and Debt	8 611 000	8 815 000	11 045 000	10 771 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,65 %	−35,35 %	17,7 %	15,5 %
Debt-to-Equity Ratio	2,58	1,61	0,98	1,25
Operating Profit Margin	5,22 %	−9,74 %	7,06 %	4,26 %
Current Ratio	1,56	2,21	2,89	2,43
Quick Ratio	2	3,34	4,94	3,62
Equity Ratio	0,16	0,27	0,37	0,31
Gross Profit Margin	93,13 %	89,62 %	91,78 %	90,63 %