MT ÅSEN AS

3083 HOLMESTRAND

Finances

Return on Equity

−17,48 %

Current Ratio

15,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	7 000	59 000	120 000
Net Income	−18 000	−23 000	−34 000	−30 000
Total Assets	107 000	121 000	144 000	179 000
Total Equity	103 000	121 000	144 000	179 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	7 000	59 000	120 000
Expenditure	18 000	30 000	93 000	150 000
Operating Profit	−18 000	−23 000	−34 000	−30 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−18 000	−23 000	−34 000	−30 000
Tax	0	0	0	0
Net Income	−18 000	−23 000	−34 000	−30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 000	52 000	58 000	75 000
Total Current Assets	62 000	69 000	87 000	103 000
Total Assets	107 000	121 000	144 000	179 000
Total Retained Equity	3 000	21 000	44 000	79 000
Total Equity	103 000	121 000	144 000	179 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 000	0	0	0
Total Equity and Debt	107 000	121 000	144 000	179 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	7 000	59 000	120 000
Other Income	0	0	0	0
Revenue	0	7 000	59 000	120 000
Cost of Goods Sold	0	4 000	0	30 000
Salary Costs	0	0	0	0
Depreciation	6 000	6 000	18 000	19 000
Impairment	0	0	0	0
Expenditure	18 000	30 000	93 000	150 000
Operating Profit	−18 000	−23 000	−34 000	−30 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−18 000	−23 000	−34 000	−30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	36 000	42 000	48 000	65 000
Fixtures	0	0	0	0
Total Tangible Assets	36 000	42 000	48 000	65 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	46 000	52 000	58 000	75 000
Stock	57 000	57 000	57 000	57 000
Total Investments	0	0	0	0
Cash, Bank	5 000	6 000	24 000	30 000
Total Current Assets	62 000	69 000	87 000	103 000
Total Assets	107 000	121 000	144 000	179 000
Total Equity	103 000	121 000	144 000	179 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	0	0	0
Total Current Debt	4 000	0	0	0
Total Equity and Debt	107 000	121 000	144 000	179 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,48 %	−19,01 %	−23,61 %	−16,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−328,57 %	−57,63 %	−25 %
Current Ratio	15,5	-	-	-
Quick Ratio	−1,17	−1,21	−1,53	−1,81
Equity Ratio	0,96	1	1	1
Gross Profit Margin	-	42,86 %	100 %	75 %