MAION ENGINEERING AS

1605 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

66,9 %

Current Ratio

1,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 102 000	1 268 000	1 009 000	1 163 000
Net Income	190 000	219 000	−40 000	11 000
Total Assets	639 000	348 000	246 000	333 000
Total Equity	284 000	166 000	−52 000	−12 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 102 000	1 268 000	1 009 000	1 163 000
Expenditure	860 000	1 033 000	1 045 000	1 134 000
Operating Profit	242 000	235 000	−36 000	30 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	10 000	5 000	19 000
Financial Balance	−1 000	−10 000	−5 000	−19 000
Earnings Before Tax	241 000	225 000	−40 000	11 000
Tax	51 000	6 000	0	0
Net Income	190 000	219 000	−40 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	4 000
Total Current Assets	639 000	348 000	246 000	329 000
Total Assets	639 000	348 000	246 000	333 000
Total Retained Equity	254 000	136 000	−82 000	−42 000
Total Equity	284 000	166 000	−52 000	−12 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	355 000	181 000	298 000	344 000
Total Equity and Debt	639 000	348 000	246 000	333 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 102 000	1 268 000	1 009 000	1 163 000
Other Income	0	0	0	0
Revenue	1 102 000	1 268 000	1 009 000	1 163 000
Cost of Goods Sold	0	0	0	0
Salary Costs	754 000	670 000	803 000	880 000
Depreciation	0	0	4 000	6 000
Impairment	0	0	0	0
Expenditure	860 000	1 033 000	1 045 000	1 134 000
Operating Profit	242 000	235 000	−36 000	30 000
Financial Income	1 000	0	0	0
Financial Costs	2 000	10 000	5 000	19 000
Financial Balance	−1 000	−10 000	−5 000	−19 000
Dividends	73 000	0	0	0
Net Income	190 000	219 000	−40 000	11 000

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	0	0	4 000
Total Tangible Assets	0	0	0	4 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	4 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	266 000	61 000	163 000	47 000
Total Current Assets	639 000	348 000	246 000	329 000
Total Assets	639 000	348 000	246 000	333 000
Total Equity	284 000	166 000	−52 000	−12 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	26 000	17 000	12 000	23 000
Unpaid Taxes	134 000	106 000	160 000	201 000
Dividends	73 000	0	0	0
Other Current Debt	71 000	52 000	126 000	121 000
Total Current Debt	355 000	181 000	298 000	344 000
Total Equity and Debt	639 000	348 000	246 000	333 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,9 %	131,93 %	76,92 %	−91,67 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	21,96 %	18,53 %	−3,57 %	2,58 %
Current Ratio	1,8	1,92	0,83	0,96
Quick Ratio	1,8	1,92	0,83	0,96
Equity Ratio	0,44	0,48	−0,21	−0,04
Gross Profit Margin	100 %	100 %	100 %	100 %