MAJAS SURDEIGSBAKERI AS

3256 LARVIK

Finances

Share Ownership

Return on Equity

−6,7 %

Current Ratio

178

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 935 000	3 324 000	3 922 000
Net Income	−25 000	38 000	281 000	204 000
Total Assets	375 000	357 000	1 353 000	1 200 000
Total Equity	373 000	357 000	304 000	542 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 935 000	3 324 000	3 922 000
Expenditure	20 000	1 882 000	2 964 000	3 662 000
Operating Profit	−20 000	52 000	360 000	259 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	2 000
Earnings Before Tax	−20 000	53 000	361 000	261 000
Tax	5 000	15 000	79 000	57 000
Net Income	−25 000	38 000	281 000	204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	24 000	77 000	72 000
Total Current Assets	356 000	334 000	1 276 000	1 128 000
Total Assets	375 000	357 000	1 353 000	1 200 000
Total Retained Equity	14 000	39 000	1 000	240 000
Total Equity	373 000	357 000	304 000	542 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 000	1 000	1 049 000	658 000
Total Equity and Debt	375 000	357 000	1 353 000	1 200 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 857 000	3 269 000	3 922 000
Other Income	0	78 000	55 000	0
Revenue	0	1 935 000	3 324 000	3 922 000
Cost of Goods Sold	0	781 000	1 324 000	1 542 000
Salary Costs	−1 000	795 000	1 194 000	1 339 000
Depreciation	0	0	10 000	104 000
Impairment	0	0	0	0
Expenditure	20 000	1 882 000	2 964 000	3 662 000
Operating Profit	−20 000	52 000	360 000	259 000
Financial Income	0	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	2 000
Dividends	0	0	520 000	0
Net Income	−25 000	38 000	281 000	204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	24 000	39 000	51 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	38 000	21 000
Total Tangible Assets	0	0	38 000	21 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	19 000	24 000	77 000	72 000
Stock	0	0	23 000	20 000
Total Investments	0	0	0	0
Cash, Bank	314 000	317 000	1 206 000	1 046 000
Total Current Assets	356 000	334 000	1 276 000	1 128 000
Total Assets	375 000	357 000	1 353 000	1 200 000
Total Equity	373 000	357 000	304 000	542 000
Short-Term Group Debt	0	0	520 000	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	1 000	186 000	233 000
Unpaid Taxes	0	0	160 000	173 000
Dividends	0	0	520 000	0
Other Current Debt	0	0	116 000	186 000
Total Current Debt	2 000	1 000	1 049 000	658 000
Total Equity and Debt	375 000	357 000	1 353 000	1 200 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,7 %	10,64 %	92,43 %	37,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	2,69 %	10,83 %	6,6 %
Current Ratio	178	334	1,22	1,71
Quick Ratio	178	334	1,24	1,77
Equity Ratio	0,99	1	0,22	0,45
Gross Profit Margin	-	59,64 %	60,17 %	60,68 %