ME - MA AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

−28,47 %

Current Ratio

9,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	111 000	132 000	197 000	318 000
Net Income	−78 000	−51 000	−32 000	31 000
Total Assets	304 000	363 000	423 000	450 000
Total Equity	274 000	352 000	403 000	435 000

Income (NOK)	2022	2021	2020	2019
Revenue	111 000	132 000	197 000	318 000
Expenditure	188 000	183 000	206 000	286 000
Operating Profit	−78 000	−51 000	−9 000	31 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Earnings Before Tax	−78 000	−51 000	−8 000	31 000
Tax	0	0	24 000	0
Net Income	−78 000	−51 000	−32 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	0	0	24 000
Total Current Assets	293 000	363 000	423 000	426 000
Total Assets	304 000	363 000	423 000	450 000
Total Retained Equity	244 000	322 000	373 000	405 000
Total Equity	274 000	352 000	403 000	435 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	30 000	11 000	21 000	15 000
Total Equity and Debt	304 000	363 000	423 000	450 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	111 000	132 000	197 000	318 000
Other Income	0	0	0	0
Revenue	111 000	132 000	197 000	318 000
Cost of Goods Sold	0	1 000	7 000	39 000
Salary Costs	0	0	0	−2 000
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	188 000	183 000	206 000	286 000
Operating Profit	−78 000	−51 000	−9 000	31 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Dividends	0	0	0	0
Net Income	−78 000	−51 000	−32 000	31 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	24 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	11 000	0	0	0
Total Tangible Assets	11 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 000	0	0	24 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	254 000	275 000	389 000	343 000
Total Current Assets	293 000	363 000	423 000	426 000
Total Assets	304 000	363 000	423 000	450 000
Total Equity	274 000	352 000	403 000	435 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	11 000	9 000	15 000
Unpaid Taxes	0	0	11 000	0
Dividends	0	0	0	0
Other Current Debt	22 000	0	0	0
Total Current Debt	30 000	11 000	21 000	15 000
Total Equity and Debt	304 000	363 000	423 000	450 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,47 %	−14,49 %	−7,94 %	7,13 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−70,27 %	−38,64 %	−4,57 %	9,75 %
Current Ratio	9,77	33	20,14	28,4
Quick Ratio	9,77	33	20,14	28,4
Equity Ratio	0,9	0,97	0,95	0,97
Gross Profit Margin	100 %	99,24 %	96,45 %	87,74 %