M12 GRUPPEN AS

5012 BERGEN

Finances

Return on Equity

501,22 %

Current Ratio

0,68

Debt-to-Equity Ratio

−31,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 790 000	5 085 000	5 792 000	5 522 000
Net Income	−2 877 000	−2 088 000	440 000	203 000
Total Assets	25 481 000	22 867 000	22 219 000	17 017 000
Total Equity	−574 000	2 304 000	4 391 000	2 072 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 790 000	5 085 000	5 792 000	5 522 000
Expenditure	13 251 000	9 766 000	7 827 000	5 040 000
Operating Profit	−4 460 000	−4 682 000	−2 036 000	483 000
Financial Income	2 564 000	3 244 000	3 183 000	8 000
Financial Costs	982 000	667 000	675 000	236 000
Financial Balance	1 582 000	2 577 000	2 508 000	−228 000
Earnings Before Tax	−2 877 000	−2 104 000	473 000	256 000
Tax	0	−17 000	32 000	53 000
Net Income	−2 877 000	−2 088 000	440 000	203 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 160 000	19 528 000	18 729 000	16 670 000
Total Current Assets	5 322 000	3 339 000	3 491 000	347 000
Total Assets	25 481 000	22 867 000	22 219 000	17 017 000
Total Retained Equity	−3 752 000	−875 000	1 213 000	772 000
Total Equity	−574 000	2 304 000	4 391 000	2 072 000
Total Long-Term Debt	18 208 000	15 368 000	12 914 000	10 972 000
Total Current Debt	7 847 000	5 195 000	4 914 000	3 974 000
Total Equity and Debt	25 481 000	22 867 000	22 219 000	17 017 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 790 000	4 971 000	5 680 000	5 522 000
Other Income	0	115 000	111 000	0
Revenue	8 790 000	5 085 000	5 792 000	5 522 000
Cost of Goods Sold	3 690 000	1 427 000	2 332 000	546 000
Salary Costs	681 000	647 000	785 000	1 786 000
Depreciation	2 365 000	2 123 000	1 356 000	773 000
Impairment	0	0	0	0
Expenditure	13 251 000	9 766 000	7 827 000	5 040 000
Operating Profit	−4 460 000	−4 682 000	−2 036 000	483 000
Financial Income	2 564 000	3 244 000	3 183 000	8 000
Financial Costs	982 000	667 000	675 000	236 000
Financial Balance	1 582 000	2 577 000	2 508 000	−228 000
Dividends	0	0	0	0
Net Income	−2 877 000	−2 088 000	440 000	203 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 873 000	4 058 000	4 174 000	4 132 000
Machinery and Plant Facilities	3 317 000	5 921 000	3 948 000	1 855 000
Fixtures	3 760 000	558 000	627 000	687 000
Total Tangible Assets	10 950 000	10 538 000	8 749 000	6 674 000
Total Fiancial Fixed Assets	9 210 000	8 990 000	9 980 000	9 996 000
Total Fixed Assets	20 160 000	19 528 000	18 729 000	16 670 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	37 000	30 000	−201 000	−160 000
Total Current Assets	5 322 000	3 339 000	3 491 000	347 000
Total Assets	25 481 000	22 867 000	22 219 000	17 017 000
Total Equity	−574 000	2 304 000	4 391 000	2 072 000
Short-Term Group Debt	3 225 000	3 132 000	3 869 000	60 000
Total Long-Term Debt	18 208 000	15 368 000	12 914 000	10 972 000
Creditors	3 362 000	1 058 000	721 000	649 000
Unpaid Taxes	228 000	55 000	65 000	158 000
Dividends	0	0	0	0
Other Current Debt	1 033 000	950 000	233 000	3 064 000
Total Current Debt	7 847 000	5 195 000	4 914 000	3 974 000
Total Equity and Debt	25 481 000	22 867 000	22 219 000	17 017 000

Financial indicators	2022	2021	2020	2019
Return on Equity	501,22 %	−90,63 %	10,02 %	9,8 %
Debt-to-Equity Ratio	−31,72	6,67	2,94	5,3
Operating Profit Margin	−50,74 %	−92,07 %	−35,15 %	8,75 %
Current Ratio	0,68	0,64	0,71	0,09
Quick Ratio	0,68	0,64	0,71	0,09
Equity Ratio	−0,02	0,1	0,2	0,12
Gross Profit Margin	58,02 %	71,94 %	59,74 %	90,11 %