STUDIO M3 AS

1337 SANDVIKA

Finances

Share Ownership

Return on Equity

23,75 %

Current Ratio

1,73

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 232 000	1 025 000	1 917 000	281 000
Net Income	424 000	71 000	324 000	−279 000
Total Assets	3 880 000	1 468 000	1 514 000	3 202 000
Total Equity	1 785 000	1 291 000	233 000	−838 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 232 000	1 025 000	1 917 000	281 000
Expenditure	2 604 000	966 000	1 470 000	431 000
Operating Profit	628 000	59 000	447 000	−150 000
Financial Income	5 000	0	0	0
Financial Costs	3 000	0	8 000	0
Financial Balance	2 000	0	−8 000	0
Earnings Before Tax	630 000	59 000	438 000	−150 000
Tax	206 000	−12 000	114 000	129 000
Net Income	424 000	71 000	324 000	−279 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	434 000	409 000	89 000	317 000
Total Current Assets	3 445 000	1 059 000	1 425 000	2 885 000
Total Assets	3 880 000	1 468 000	1 514 000	3 202 000
Total Retained Equity	1 685 000	1 261 000	133 000	−938 000
Total Equity	1 785 000	1 291 000	233 000	−838 000
Total Long-Term Debt	42 000	0	761 000	−24 000
Total Current Debt	1 994 000	178 000	520 000	3 936 000
Total Equity and Debt	3 821 000	1 468 000	1 514 000	3 073 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	3 232 000	1 025 000	1 917 000	281 000
Other Income	0	0	0	0
Revenue	3 232 000	1 025 000	1 917 000	281 000
Cost of Goods Sold	1 895 000	381 000	510 000	335 000
Salary Costs	4 000	513 000	304 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 604 000	966 000	1 470 000	431 000
Operating Profit	628 000	59 000	447 000	−150 000
Financial Income	5 000	0	0	0
Financial Costs	3 000	0	8 000	0
Financial Balance	2 000	0	−8 000	0
Dividends	0	0	0	0
Net Income	424 000	71 000	324 000	−279 000

Balance details (NOK)	2021	2020	2019	2018
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	140 000	409 000	55 000	69 000
Total Tangible Assets	140 000	409 000	55 000	69 000
Total Fiancial Fixed Assets	294 000	0	34 000	248 000
Total Fixed Assets	434 000	409 000	89 000	317 000
Stock	270 000	2 000	270 000	270 000
Total Investments	0	0	0	0
Cash, Bank	2 511 000	907 000	793 000	2 181 000
Total Current Assets	3 445 000	1 059 000	1 425 000	2 885 000
Total Assets	3 880 000	1 468 000	1 514 000	3 202 000
Total Equity	1 785 000	1 291 000	233 000	−838 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 000	0	761 000	−24 000
Creditors	489 000	−78 000	−956 000	3 035 000
Unpaid Taxes	963 000	220 000	905 000	305 000
Dividends	0	0	0	0
Other Current Debt	565 000	−62 000	572 000	596 000
Total Current Debt	1 994 000	178 000	520 000	3 936 000
Total Equity and Debt	3 821 000	1 468 000	1 514 000	3 073 000

Financial indicators	2021	2020	2019	2018
Return on Equity	23,75 %	5,5 %	139,06 %	33,29 %
Debt-to-Equity Ratio	0,02	0	3,27	0,03
Operating Profit Margin	19,43 %	5,76 %	23,32 %	−53,38 %
Current Ratio	1,73	5,95	2,74	0,73
Quick Ratio	2	6,02	5,7	0,79
Equity Ratio	0,46	0,88	0,15	−0,26
Gross Profit Margin	41,37 %	62,83 %	73,4 %	−19,22 %