MK ILLUMINATION AS

0663 OSLO

Finances

Share Ownership

Return on Equity

15,16 %

Current Ratio

2,23

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2023	2022	2021	2020
Revenue	38 971 000	36 380 000	31 819 000	28 719 000
Net Income	1 523 000	5 122 000	5 274 000	4 201 000
Total Assets	14 379 000	16 930 000	12 380 000	11 188 000
Total Equity	10 049 000	8 526 000	7 403 000	6 129 000

Income (NOK)	2023	2022	2021	2020
Revenue	38 971 000	36 380 000	31 819 000	28 719 000
Expenditure	36 808 000	30 066 000	25 355 000	23 588 000
Operating Profit	2 163 000	6 314 000	6 463 000	5 132 000
Financial Income	103 000	14 000	14 000	8 000
Financial Costs	303 000	29 000	30 000	3 000
Financial Balance	−200 000	−15 000	−16 000	5 000
Earnings Before Tax	1 964 000	6 299 000	6 447 000	5 137 000
Tax	441 000	1 177 000	1 173 000	936 000
Net Income	1 523 000	5 122 000	5 274 000	4 201 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	4 999 000	3 350 000	342 000	39 000
Total Current Assets	9 380 000	13 580 000	12 038 000	11 149 000
Total Assets	14 379 000	16 930 000	12 380 000	11 188 000
Total Retained Equity	9 549 000	8 026 000	6 903 000	5 629 000
Total Equity	10 049 000	8 526 000	7 403 000	6 129 000
Total Long-Term Debt	118 000	161 000	210 000	0
Total Current Debt	4 213 000	8 244 000	4 767 000	5 058 000
Total Equity and Debt	14 379 000	16 930 000	12 380 000	11 188 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	38 710 000	35 815 000	31 819 000	28 719 000
Other Income	260 000	566 000	0	0
Revenue	38 971 000	36 380 000	31 819 000	28 719 000
Cost of Goods Sold	19 341 000	19 189 000	17 462 000	15 693 000
Salary Costs	6 432 000	5 355 000	4 107 000	4 086 000
Depreciation	1 285 000	326 000	41 000	25 000
Impairment	0	0	0	0
Expenditure	36 808 000	30 066 000	25 355 000	23 588 000
Operating Profit	2 163 000	6 314 000	6 463 000	5 132 000
Financial Income	103 000	14 000	14 000	8 000
Financial Costs	303 000	29 000	30 000	3 000
Financial Balance	−200 000	−15 000	−16 000	5 000
Dividends	0	0	0	2 000 000
Net Income	1 523 000	5 122 000	5 274 000	4 201 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	62 000	112 000	0	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	9 000	0	0	0
Fixtures	4 927 000	3 238 000	342 000	26 000
Total Tangible Assets	4 937 000	3 238 000	342 000	26 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 999 000	3 350 000	342 000	39 000
Stock	3 571 000	2 021 000	1 239 000	1 410 000
Total Investments	0	0	0	0
Cash, Bank	2 035 000	6 901 000	7 330 000	8 831 000
Total Current Assets	9 380 000	13 580 000	12 038 000	11 149 000
Total Assets	14 379 000	16 930 000	12 380 000	11 188 000
Total Equity	10 049 000	8 526 000	7 403 000	6 129 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	118 000	161 000	210 000	0
Creditors	1 029 000	426 000	207 000	559 000
Unpaid Taxes	106 000	631 000	590 000	657 000
Dividends	0	0	0	2 000 000
Other Current Debt	1 876 000	5 557 000	2 276 000	630 000
Total Current Debt	4 213 000	8 244 000	4 767 000	5 058 000
Total Equity and Debt	14 379 000	16 930 000	12 380 000	11 188 000

Financial indicators	2023	2022	2021	2020
Return on Equity	15,16 %	60,08 %	71,24 %	68,54 %
Debt-to-Equity Ratio	0,01	0,02	0,03	0
Operating Profit Margin	5,55 %	17,36 %	20,31 %	17,87 %
Current Ratio	2,23	1,65	2,53	2,2
Quick Ratio	14,61	2,18	3,41	3,06
Equity Ratio	0,7	0,5	0,6	0,55
Gross Profit Margin	50,37 %	47,25 %	45,12 %	45,36 %