MJÅTVEIT GRUNNARBEID AS

5353 STRAUME

Finances

Share Ownership

Return on Equity

−43,09 %

Current Ratio

2,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 337 000	4 940 000	1 202 000	9 452 000
Net Income	−617 000	510 000	−22 000	−1 727 000
Total Assets	2 231 000	5 964 000	2 481 000	5 693 000
Total Equity	1 432 000	1 425 000	915 000	524 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 337 000	4 940 000	1 202 000	9 452 000
Expenditure	4 117 000	4 220 000	1 047 000	11 553 000
Operating Profit	−779 000	720 000	155 000	−2 101 000
Financial Income	8 000	0	0	3 000
Financial Costs	20 000	67 000	183 000	116 000
Financial Balance	−12 000	−67 000	−183 000	−113 000
Earnings Before Tax	−791 000	653 000	−29 000	−2 214 000
Tax	−174 000	144 000	−6 000	−487 000
Net Income	−617 000	510 000	−22 000	−1 727 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	5 000	139 000	249 000
Total Current Assets	2 228 000	5 959 000	2 342 000	5 444 000
Total Assets	2 231 000	5 964 000	2 481 000	5 693 000
Total Retained Equity	−2 940 000	−2 323 000	−2 833 000	−2 810 000
Total Equity	1 432 000	1 425 000	915 000	524 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	799 000	4 539 000	1 565 000	5 169 000
Total Equity and Debt	2 231 000	5 964 000	2 481 000	5 693 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 337 000	4 940 000	1 202 000	9 452 000
Other Income	0	0	0	0
Revenue	3 337 000	4 940 000	1 202 000	9 452 000
Cost of Goods Sold	3 317 000	3 813 000	751 000	11 203 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 117 000	4 220 000	1 047 000	11 553 000
Operating Profit	−779 000	720 000	155 000	−2 101 000
Financial Income	8 000	0	0	3 000
Financial Costs	20 000	67 000	183 000	116 000
Financial Balance	−12 000	−67 000	−183 000	−113 000
Dividends	0	0	0	0
Net Income	−617 000	510 000	−22 000	−1 727 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	5 000	139 000	249 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 000	5 000	139 000	249 000
Stock	945 000	1 895 000	1 781 000	1 848 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	2 228 000	5 959 000	2 342 000	5 444 000
Total Assets	2 231 000	5 964 000	2 481 000	5 693 000
Total Equity	1 432 000	1 425 000	915 000	524 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	231 000	3 602 000	43 000	0
Unpaid Taxes	0	10 000	0	0
Dividends	0	0	0	0
Other Current Debt	568 000	918 000	1 522 000	5 169 000
Total Current Debt	799 000	4 539 000	1 565 000	5 169 000
Total Equity and Debt	2 231 000	5 964 000	2 481 000	5 693 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,09 %	35,79 %	−2,4 %	−329,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−23,34 %	14,57 %	12,9 %	−22,23 %
Current Ratio	2,79	1,31	1,5	1,05
Quick Ratio	−15,26	2,25	−10,84	1,64
Equity Ratio	0,64	0,24	0,37	0,09
Gross Profit Margin	0,6 %	22,81 %	37,52 %	−18,53 %