MSG TECHNOLOGY AS

7355 EGGKLEIVA

Finances

Share Ownership

Return on Equity

71,4 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 512 000	3 586 000	3 434 000	1 760 000
Net Income	387 000	560 000	668 000	71 000
Total Assets	2 395 000	2 484 000	2 217 000	1 221 000
Total Equity	542 000	1 256 000	1 196 000	828 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 512 000	3 586 000	3 434 000	1 760 000
Expenditure	3 016 000	2 868 000	2 579 000	1 668 000
Operating Profit	496 000	717 000	856 000	92 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	0
Earnings Before Tax	496 000	717 000	856 000	92 000
Tax	109 000	158 000	188 000	20 000
Net Income	387 000	560 000	668 000	71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	275 000	489 000	248 000	279 000
Total Current Assets	2 119 000	1 995 000	1 969 000	943 000
Total Assets	2 395 000	2 484 000	2 217 000	1 221 000
Total Retained Equity	440 000	1 154 000	1 094 000	726 000
Total Equity	542 000	1 256 000	1 196 000	828 000
Total Long-Term Debt	39 000	13 000	6 000	8 000
Total Current Debt	1 813 000	1 216 000	1 015 000	385 000
Total Equity and Debt	2 395 000	2 484 000	2 217 000	1 221 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 267 000	3 586 000	3 434 000	1 742 000
Other Income	245 000	0	0	17 000
Revenue	3 512 000	3 586 000	3 434 000	1 760 000
Cost of Goods Sold	423 000	711 000	414 000	333 000
Salary Costs	1 613 000	1 424 000	1 328 000	749 000
Depreciation	118 000	73 000	53 000	25 000
Impairment	0	0	0	0
Expenditure	3 016 000	2 868 000	2 579 000	1 668 000
Operating Profit	496 000	717 000	856 000	92 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	0
Dividends	1 100 000	500 000	300 000	0
Net Income	387 000	560 000	668 000	71 000

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	259 000	461 000	193 000	227 000
Total Tangible Assets	259 000	461 000	193 000	227 000
Total Fiancial Fixed Assets	16 000	28 000	55 000	52 000
Total Fixed Assets	275 000	489 000	248 000	279 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 301 000	1 773 000	1 851 000	638 000
Total Current Assets	2 119 000	1 995 000	1 969 000	943 000
Total Assets	2 395 000	2 484 000	2 217 000	1 221 000
Total Equity	542 000	1 256 000	1 196 000	828 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 000	13 000	6 000	8 000
Creditors	63 000	121 000	51 000	147 000
Unpaid Taxes	268 000	203 000	187 000	111 000
Dividends	1 100 000	500 000	300 000	0
Other Current Debt	300 000	240 000	287 000	117 000
Total Current Debt	1 813 000	1 216 000	1 015 000	385 000
Total Equity and Debt	2 395 000	2 484 000	2 217 000	1 221 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,4 %	44,59 %	55,85 %	8,57 %
Debt-to-Equity Ratio	0,07	0,01	0,01	0,01
Operating Profit Margin	14,12 %	19,99 %	24,93 %	5,23 %
Current Ratio	1,17	1,64	1,94	2,45
Quick Ratio	1,17	1,64	1,94	2,45
Equity Ratio	0,23	0,51	0,54	0,68
Gross Profit Margin	87,96 %	80,17 %	87,94 %	81,08 %