MAKITA NORWAY

1351 RUD

Finances

Share Ownership

Return on Equity

−3,24 %

Current Ratio

2,04

Debt-to-Equity Ratio

0,01

Key figures (EUR)	2023	2022	2021	2020
Revenue	262 585 000	451 151 000	393 142 000	315 436 000
Net Income	−5 271 000	35 230 000	13 902 000	−42 237 000
Total Assets	287 838 000	176 978 000	174 492 000	106 514 000
Total Equity	162 760 000	−33 682 000	−68 912 000	−82 814 000

Income (EUR)	2023	2022	2021	2020
Revenue	262 585 000	451 151 000	393 142 000	315 436 000
Expenditure	265 700 000	421 966 000	407 261 000	335 390 000
Operating Profit	−3 115 000	29 186 000	−14 119 000	−19 953 000
Financial Income	−2 968 000	10 270 000	29 634 000	195 000
Financial Costs	0	4 227 000	1 613 000	22 479 000
Financial Balance	−2 968 000	6 043 000	28 021 000	−22 284 000
Earnings Before Tax	−6 083 000	35 230 000	13 902 000	−42 237 000
Tax	−812 000	0	0	0
Net Income	−5 271 000	35 230 000	13 902 000	−42 237 000

Balance (EUR)	2023	2022	2021	2020
Total Fixed Assets	34 953 000	13 716 000	14 755 000	14 039 000
Total Current Assets	252 884 000	163 262 000	159 737 000	92 474 000
Total Assets	287 838 000	176 978 000	174 492 000	106 514 000
Total Retained Equity	0	−33 682 000	−68 912 000	−82 814 000
Total Equity	162 760 000	−33 682 000	−68 912 000	−82 814 000
Total Long-Term Debt	1 234 000	0	0	0
Total Current Debt	123 844 000	210 661 000	243 404 000	189 328 000
Total Equity and Debt	287 838 000	176 978 000	174 492 000	106 514 000

Cash flow (EUR)	2023	2022	2021	2020
Sales Income	262 525 000	451 151 000	393 142 000	315 436 000
Other Income	60 000	0	0	0
Revenue	262 585 000	451 151 000	393 142 000	315 436 000
Cost of Goods Sold	217 362 000	310 489 000	290 554 000	225 695 000
Salary Costs	16 718 000	40 618 000	38 804 000	33 121 000
Depreciation	488 000	1 685 000	1 774 000	1 688 000
Impairment	0	0	0	0
Expenditure	265 700 000	421 966 000	407 261 000	335 390 000
Operating Profit	−3 115 000	29 186 000	−14 119 000	−19 953 000
Financial Income	−2 968 000	10 270 000	29 634 000	195 000
Financial Costs	0	4 227 000	1 613 000	22 479 000
Financial Balance	−2 968 000	6 043 000	28 021 000	−22 284 000
Dividends	0	0	0	0
Net Income	−5 271 000	35 230 000	13 902 000	−42 237 000

Balance details (EUR)	2023	2022	2021	2020
Goodwill	583 000	0	0	0
Total Intangible Assets	583 000	9 321 000	9 321 000	9 321 000
Real Eastate	33 130 000	345 000	0	0
Machinery and Plant Facilities	1 236 000	0	0	0
Fixtures	0	4 051 000	5 435 000	4 719 000
Total Tangible Assets	34 366 000	4 396 000	5 435 000	4 719 000
Total Fiancial Fixed Assets	5 000	0	0	0
Total Fixed Assets	34 953 000	13 716 000	14 755 000	14 039 000
Stock	183 068 000	50 587 000	43 477 000	33 685 000
Total Investments	0	0	0	0
Cash, Bank	11 680 000	26 239 000	44 559 000	8 817 000
Total Current Assets	252 884 000	163 262 000	159 737 000	92 474 000
Total Assets	287 838 000	176 978 000	174 492 000	106 514 000
Total Equity	162 760 000	−33 682 000	−68 912 000	−82 814 000
Short-Term Group Debt	55 709 000	0	0	0
Total Long-Term Debt	1 234 000	0	0	0
Creditors	3 749 000	179 351 000	205 764 000	160 895 000
Unpaid Taxes	0	10 222 000	17 137 000	13 759 000
Dividends	0	0	0	0
Other Current Debt	3 704 000	21 088 000	20 503 000	14 674 000
Total Current Debt	123 844 000	210 661 000	243 404 000	189 328 000
Total Equity and Debt	287 838 000	176 978 000	174 492 000	106 514 000

Financial indicators	2023	2022	2021	2020
Return on Equity	−3,24 %	−104,6 %	−20,17 %	51 %
Debt-to-Equity Ratio	0,01	−0	−0	−0
Operating Profit Margin	−1,19 %	6,47 %	−3,59 %	−6,33 %
Current Ratio	2,04	0,77	0,66	0,49
Quick Ratio	−4,27	1,02	0,8	0,59
Equity Ratio	0,57	−0,19	−0,39	−0,78
Gross Profit Margin	17,22 %	31,18 %	26,09 %	28,45 %