NORSK MASSIVTRE AS

1357 BEKKESTUA

Finances

Share Ownership

Return on Equity

110,59 %

Current Ratio

0,49

Debt-to-Equity Ratio

−4,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 428 000	13 346 000	10 692 000	11 002 000
Net Income	−679 000	−1 418 000	117 000	250 000
Total Assets	5 357 000	7 027 000	7 058 000	6 502 000
Total Equity	−614 000	66 000	1 484 000	1 367 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 428 000	13 346 000	10 692 000	11 002 000
Expenditure	11 856 000	14 626 000	10 459 000	10 630 000
Operating Profit	−427 000	−1 279 000	232 000	373 000
Financial Income	0	0	1 000	3 000
Financial Costs	252 000	139 000	115 000	83 000
Financial Balance	−252 000	−139 000	−114 000	−80 000
Earnings Before Tax	−679 000	−1 419 000	117 000	292 000
Tax	0	0	0	42 000
Net Income	−679 000	−1 418 000	117 000	250 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 903 000	4 250 000	4 010 000	3 303 000
Total Current Assets	1 454 000	2 777 000	3 048 000	3 199 000
Total Assets	5 357 000	7 027 000	7 058 000	6 502 000
Total Retained Equity	−1 389 000	−709 000	709 000	592 000
Total Equity	−614 000	66 000	1 484 000	1 367 000
Total Long-Term Debt	2 980 000	2 543 000	2 604 000	2 035 000
Total Current Debt	2 991 000	4 418 000	2 970 000	3 100 000
Total Equity and Debt	5 357 000	7 027 000	7 058 000	6 502 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 615 000	13 235 000	10 158 000	10 660 000
Other Income	813 000	111 000	534 000	342 000
Revenue	11 428 000	13 346 000	10 692 000	11 002 000
Cost of Goods Sold	5 106 000	7 297 000	4 895 000	5 503 000
Salary Costs	4 810 000	5 398 000	3 979 000	3 653 000
Depreciation	445 000	412 000	259 000	156 000
Impairment	0	0	0	0
Expenditure	11 856 000	14 626 000	10 459 000	10 630 000
Operating Profit	−427 000	−1 279 000	232 000	373 000
Financial Income	0	0	1 000	3 000
Financial Costs	252 000	139 000	115 000	83 000
Financial Balance	−252 000	−139 000	−114 000	−80 000
Dividends	0	0	0	0
Net Income	−679 000	−1 418 000	117 000	250 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 345 000	2 389 000	1 576 000	1 638 000
Machinery and Plant Facilities	0	63 000	89 000	116 000
Fixtures	1 557 000	1 797 000	2 345 000	1 549 000
Total Tangible Assets	3 902 000	4 249 000	4 010 000	3 303 000
Total Fiancial Fixed Assets	1 000	1 000	0	0
Total Fixed Assets	3 903 000	4 250 000	4 010 000	3 303 000
Stock	723 000	616 000	1 117 000	1 087 000
Total Investments	0	0	0	0
Cash, Bank	118 000	185 000	687 000	781 000
Total Current Assets	1 454 000	2 777 000	3 048 000	3 199 000
Total Assets	5 357 000	7 027 000	7 058 000	6 502 000
Total Equity	−614 000	66 000	1 484 000	1 367 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 980 000	2 543 000	2 604 000	2 035 000
Creditors	546 000	1 609 000	802 000	1 316 000
Unpaid Taxes	380 000	285 000	477 000	194 000
Dividends	0	0	0	0
Other Current Debt	1 114 000	1 894 000	1 691 000	1 561 000
Total Current Debt	2 991 000	4 418 000	2 970 000	3 100 000
Total Equity and Debt	5 357 000	7 027 000	7 058 000	6 502 000

Financial indicators	2022	2021	2020	2019
Return on Equity	110,59 %	−2 148,48 %	7,88 %	18,29 %
Debt-to-Equity Ratio	−4,85	38,53	1,75	1,49
Operating Profit Margin	−3,74 %	−9,58 %	2,17 %	3,39 %
Current Ratio	0,49	0,63	1,03	1,03
Quick Ratio	0,64	0,73	1,64	1,59
Equity Ratio	−0,11	0,01	0,21	0,21
Gross Profit Margin	55,32 %	45,32 %	54,22 %	49,98 %