MODULAR CYLINDER SYSTEMS AS

3182 HORTEN

Finances

Share Ownership

Return on Equity

−45,56 %

Current Ratio

0,36

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	133 000	0	0	0
Net Income	123 000	−36 000	−15 000	−87 000
Total Assets	153 000	158 000	186 000	201 000
Total Equity	−270 000	−394 000	−357 000	−342 000

Income (NOK)	2022	2021	2020	2019
Revenue	133 000	0	0	0
Expenditure	10 000	32 000	15 000	53 000
Operating Profit	123 000	−33 000	−15 000	−54 000
Financial Income	0	0	0	0
Financial Costs	0	4 000	0	0
Financial Balance	0	−4 000	0	0
Earnings Before Tax	123 000	−36 000	−15 000	−54 000
Tax	0	0	0	34 000
Net Income	123 000	−36 000	−15 000	−87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	5 000	7 000	10 000
Total Current Assets	153 000	153 000	179 000	191 000
Total Assets	153 000	158 000	186 000	201 000
Total Retained Equity	−374 000	−497 000	−461 000	−446 000
Total Equity	−270 000	−394 000	−357 000	−342 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	423 000	551 000	543 000	543 000
Total Equity and Debt	153 000	158 000	186 000	201 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	133 000	0	0	0
Revenue	133 000	0	0	0
Cost of Goods Sold	0	0	0	4 000
Salary Costs	0	0	0	0
Depreciation	5 000	2 000	3 000	4 000
Impairment	0	0	0	0
Expenditure	10 000	32 000	15 000	53 000
Operating Profit	123 000	−33 000	−15 000	−54 000
Financial Income	0	0	0	0
Financial Costs	0	4 000	0	0
Financial Balance	0	−4 000	0	0
Dividends	0	0	0	0
Net Income	123 000	−36 000	−15 000	−87 000

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	0	5 000	7 000	10 000
Total Tangible Assets	0	5 000	7 000	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	5 000	7 000	10 000
Stock	152 000	152 000	152 000	152 000
Total Investments	0	0	0	0
Cash, Bank	1 000	1 000	27 000	34 000
Total Current Assets	153 000	153 000	179 000	191 000
Total Assets	153 000	158 000	186 000	201 000
Total Equity	−270 000	−394 000	−357 000	−342 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	165 000	165 000	165 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	410 000	386 000	378 000	378 000
Total Current Debt	423 000	551 000	543 000	543 000
Total Equity and Debt	153 000	158 000	186 000	201 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−45,56 %	9,14 %	4,2 %	25,44 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	92,48 %	-	-	-
Current Ratio	0,36	0,28	0,33	0,35
Quick Ratio	0,56	0,38	0,46	0,49
Equity Ratio	−1,76	−2,49	−1,92	−1,7
Gross Profit Margin	100 %	-	-	-