MA-JO AS

9406 HARSTAD

Finances

Share Ownership

Return on Equity

40,83 %

Current Ratio

2,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 610 000	9 518 000	10 558 000	10 926 000
Net Income	583 000	212 000	504 000	184 000
Total Assets	2 316 000	2 088 000	1 659 000	2 017 000
Total Equity	1 428 000	1 374 000	632 000	658 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 610 000	9 518 000	10 558 000	10 926 000
Expenditure	8 862 000	9 239 000	9 902 000	10 684 000
Operating Profit	748 000	279 000	656 000	241 000
Financial Income	2 000	0	3 000	9 000
Financial Costs	3 000	7 000	6 000	13 000
Financial Balance	−1 000	−7 000	−3 000	−4 000
Earnings Before Tax	748 000	272 000	653 000	236 000
Tax	165 000	60 000	149 000	52 000
Net Income	583 000	212 000	504 000	184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	142 000	1 246 000	322 000	183 000
Total Current Assets	2 174 000	842 000	1 337 000	1 834 000
Total Assets	2 316 000	2 088 000	1 659 000	2 017 000
Total Retained Equity	1 328 000	1 274 000	532 000	558 000
Total Equity	1 428 000	1 374 000	632 000	658 000
Total Long-Term Debt	1 000	13 000	47 000	144 000
Total Current Debt	887 000	701 000	980 000	1 216 000
Total Equity and Debt	2 316 000	2 088 000	1 659 000	2 017 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 428 000	9 389 000	10 446 000	10 795 000
Other Income	183 000	130 000	113 000	131 000
Revenue	9 610 000	9 518 000	10 558 000	10 926 000
Cost of Goods Sold	5 854 000	6 315 000	6 792 000	7 321 000
Salary Costs	1 798 000	1 665 000	1 887 000	2 004 000
Depreciation	84 000	40 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	8 862 000	9 239 000	9 902 000	10 684 000
Operating Profit	748 000	279 000	656 000	241 000
Financial Income	2 000	0	3 000	9 000
Financial Costs	3 000	7 000	6 000	13 000
Financial Balance	−1 000	−7 000	−3 000	−4 000
Dividends	0	0	0	300 000
Net Income	583 000	212 000	504 000	184 000

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	142 000	226 000	231 000	183 000
Total Tangible Assets	142 000	226 000	231 000	183 000
Total Fiancial Fixed Assets	0	1 020 000	91 000	0
Total Fixed Assets	142 000	1 246 000	322 000	183 000
Stock	632 000	459 000	602 000	675 000
Total Investments	0	0	0	0
Cash, Bank	414 000	112 000	335 000	875 000
Total Current Assets	2 174 000	842 000	1 337 000	1 834 000
Total Assets	2 316 000	2 088 000	1 659 000	2 017 000
Total Equity	1 428 000	1 374 000	632 000	658 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	13 000	47 000	144 000
Creditors	434 000	403 000	600 000	515 000
Unpaid Taxes	102 000	87 000	102 000	139 000
Dividends	0	0	0	300 000
Other Current Debt	174 000	152 000	138 000	221 000
Total Current Debt	887 000	701 000	980 000	1 216 000
Total Equity and Debt	2 316 000	2 088 000	1 659 000	2 017 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,83 %	15,43 %	79,75 %	27,96 %
Debt-to-Equity Ratio	0	0,01	0,07	0,22
Operating Profit Margin	7,78 %	2,93 %	6,21 %	2,21 %
Current Ratio	2,45	1,2	1,36	1,51
Quick Ratio	8,53	3,48	3,54	3,39
Equity Ratio	0,62	0,66	0,38	0,33
Gross Profit Margin	39,08 %	33,65 %	35,67 %	32,99 %