BRDR. MANGSETH AS

4708 VENNESLA

Finances

Share Ownership

Return on Equity

50,39 %

Current Ratio

0,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 071 000	1 071 000	770 000	768 000
Net Income	847 000	706 000	−83 000	−642 000
Total Assets	4 325 000	2 773 000	2 025 000	2 029 000
Total Equity	1 681 000	1 634 000	928 000	794 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 071 000	1 071 000	770 000	768 000
Expenditure	986 000	267 000	902 000	1 466 000
Operating Profit	1 085 000	804 000	−132 000	−698 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	12 000	0
Financial Balance	−1 000	−2 000	−12 000	0
Earnings Before Tax	1 084 000	802 000	−145 000	−698 000
Tax	237 000	96 000	−61 000	−56 000
Net Income	847 000	706 000	−83 000	−642 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 650 000	2 598 000	1 641 000	1 399 000
Total Current Assets	675 000	174 000	384 000	630 000
Total Assets	4 325 000	2 773 000	2 025 000	2 029 000
Total Retained Equity	500 000	453 000	−253 000	−387 000
Total Equity	1 681 000	1 634 000	928 000	794 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 644 000	1 138 000	1 097 000	1 234 000
Total Equity and Debt	4 325 000	2 773 000	2 025 000	2 029 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 071 000	1 071 000	770 000	768 000
Other Income	0	0	0	0
Revenue	2 071 000	1 071 000	770 000	768 000
Cost of Goods Sold	125 000	2 000	0	0
Salary Costs	701 000	113 000	715 000	1 352 000
Depreciation	2 000	2 000	4 000	4 000
Impairment	0	0	0	0
Expenditure	986 000	267 000	902 000	1 466 000
Operating Profit	1 085 000	804 000	−132 000	−698 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	12 000	0
Financial Balance	−1 000	−2 000	−12 000	0
Dividends	800 000	0	0	0
Net Income	847 000	706 000	−83 000	−642 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	35 000	35 000	35 000	35 000
Machinery and Plant Facilities	4 000	5 000	7 000	10 000
Fixtures	14 000	0	0	0
Total Tangible Assets	53 000	40 000	42 000	45 000
Total Fiancial Fixed Assets	3 597 000	2 558 000	1 599 000	1 353 000
Total Fixed Assets	3 650 000	2 598 000	1 641 000	1 399 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	318 000	97 000	7 000	97 000
Total Current Assets	675 000	174 000	384 000	630 000
Total Assets	4 325 000	2 773 000	2 025 000	2 029 000
Total Equity	1 681 000	1 634 000	928 000	794 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	30 000	8 000	15 000	7 000
Unpaid Taxes	736 000	234 000	206 000	452 000
Dividends	800 000	0	0	0
Other Current Debt	840 000	800 000	876 000	775 000
Total Current Debt	2 644 000	1 138 000	1 097 000	1 234 000
Total Equity and Debt	4 325 000	2 773 000	2 025 000	2 029 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,39 %	43,21 %	−8,94 %	−80,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	52,39 %	75,07 %	−17,14 %	−90,89 %
Current Ratio	0,26	0,15	0,35	0,51
Quick Ratio	0,26	0,15	0,35	0,51
Equity Ratio	0,39	0,59	0,46	0,39
Gross Profit Margin	93,96 %	99,81 %	100 %	100 %