MA VEST AS

3126 TØNSBERG

Finances

Share Ownership

Return on Equity

−13,93 %

Current Ratio

2,83

Debt-to-Equity Ratio

−2,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 262 000	2 301 000	1 613 000	256 000
Net Income	62 000	170 000	88 000	−35 000
Total Assets	852 000	803 000	719 000	567 000
Total Equity	−445 000	−506 000	−676 000	−764 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 262 000	2 301 000	1 613 000	256 000
Expenditure	2 217 000	2 155 000	1 752 000	561 000
Operating Profit	64 000	150 000	93 000	−35 000
Financial Income	11 000	22 000	4 000	0
Financial Costs	14 000	3 000	10 000	0
Financial Balance	−3 000	19 000	−6 000	0
Earnings Before Tax	62 000	170 000	88 000	−35 000
Tax	0	0	0	0
Net Income	62 000	170 000	88 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	46 000	59 000	20 000
Total Current Assets	818 000	757 000	660 000	547 000
Total Assets	852 000	803 000	719 000	567 000
Total Retained Equity	−549 000	−610 000	−780 000	−868 000
Total Equity	−445 000	−506 000	−676 000	−764 000
Total Long-Term Debt	1 008 000	1 110 000	1 148 000	1 217 000
Total Current Debt	289 000	200 000	247 000	114 000
Total Equity and Debt	852 000	803 000	719 000	567 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 262 000	2 301 000	1 594 000	256 000
Other Income	0	0	18 000	0
Revenue	2 262 000	2 301 000	1 613 000	256 000
Cost of Goods Sold	1 183 000	1 284 000	1 065 000	388 000
Salary Costs	470 000	397 000	282 000	68 000
Depreciation	12 000	13 000	9 000	1 000
Impairment	0	0	0	0
Expenditure	2 217 000	2 155 000	1 752 000	561 000
Operating Profit	64 000	150 000	93 000	−35 000
Financial Income	11 000	22 000	4 000	0
Financial Costs	14 000	3 000	10 000	0
Financial Balance	−3 000	19 000	−6 000	0
Dividends	0	0	0	0
Net Income	62 000	170 000	88 000	−35 000

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	0	0	0	0
Fixtures	34 000	46 000	59 000	20 000
Total Tangible Assets	34 000	46 000	59 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 000	46 000	59 000	20 000
Stock	605 000	585 000	577 000	270 000
Total Investments	0	0	0	0
Cash, Bank	208 000	167 000	80 000	277 000
Total Current Assets	818 000	757 000	660 000	547 000
Total Assets	852 000	803 000	719 000	567 000
Total Equity	−445 000	−506 000	−676 000	−764 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 008 000	1 110 000	1 148 000	1 217 000
Creditors	75 000	33 000	100 000	52 000
Unpaid Taxes	92 000	90 000	47 000	31 000
Dividends	0	0	0	0
Other Current Debt	121 000	77 000	100 000	31 000
Total Current Debt	289 000	200 000	247 000	114 000
Total Equity and Debt	852 000	803 000	719 000	567 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,93 %	−33,6 %	−13,02 %	4,58 %
Debt-to-Equity Ratio	−2,27	−2,19	−1,7	−1,59
Operating Profit Margin	2,83 %	6,52 %	5,77 %	−13,67 %
Current Ratio	2,83	3,79	2,67	4,8
Quick Ratio	−2,59	−1,97	−2	−3,51
Equity Ratio	−0,52	−0,63	−0,94	−1,35
Gross Profit Margin	47,7 %	44,2 %	33,97 %	−51,56 %