MASTERWORK CONSTRUCTION AS

9016 TROMSØ

Finances

Share Ownership

Return on Equity

56,93 %

Current Ratio

0,62

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2021	2020	2019	2018
Revenue	34 184 000	20 228 000	65 376 000	57 863 000
Net Income	2 727 000	−9 231 000	−5 072 000	2 673 000
Total Assets	12 757 000	30 095 000	38 870 000	40 910 000
Total Equity	4 790 000	−1 637 000	3 988 000	9 061 000

Income (NOK)	2021	2020	2019	2018
Revenue	34 184 000	20 228 000	65 376 000	57 863 000
Expenditure	30 921 000	29 490 000	62 410 000	57 280 000
Operating Profit	3 263 000	−9 262 000	−5 398 000	4 811 000
Financial Income	6 000	0	2 000	3 000
Financial Costs	542 000	1 087 000	1 101 000	1 410 000
Financial Balance	−536 000	−1 087 000	−1 099 000	−1 407 000
Earnings Before Tax	2 727 000	−10 349 000	−6 498 000	3 404 000
Tax	0	−1 118 000	−1 426 000	731 000
Net Income	2 727 000	−9 231 000	−5 072 000	2 673 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	8 460 000	22 189 000	23 134 000	18 340 000
Total Current Assets	4 298 000	7 906 000	15 736 000	22 571 000
Total Assets	12 757 000	30 095 000	38 870 000	40 910 000
Total Retained Equity	1 060 000	−1 667 000	3 958 000	9 031 000
Total Equity	4 790 000	−1 637 000	3 988 000	9 061 000
Total Long-Term Debt	982 000	17 362 000	15 652 000	25 065 000
Total Current Debt	6 986 000	14 370 000	19 230 000	6 784 000
Total Equity and Debt	12 757 000	30 095 000	38 870 000	40 910 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	33 857 000	20 214 000	65 376 000	57 760 000
Other Income	327 000	15 000	0	103 000
Revenue	34 184 000	20 228 000	65 376 000	57 863 000
Cost of Goods Sold	20 879 000	12 216 000	37 031 000	38 770 000
Salary Costs	8 063 000	13 082 000	19 212 000	13 316 000
Depreciation	500 000	679 000	759 000	696 000
Impairment	0	0	0	0
Expenditure	30 921 000	29 490 000	62 410 000	57 280 000
Operating Profit	3 263 000	−9 262 000	−5 398 000	4 811 000
Financial Income	6 000	0	2 000	3 000
Financial Costs	542 000	1 087 000	1 101 000	1 410 000
Financial Balance	−536 000	−1 087 000	−1 099 000	−1 407 000
Dividends	0	0	0	0
Net Income	2 727 000	−9 231 000	−5 072 000	2 673 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	12 854 000	12 807 000	6 356 000
Machinery and Plant Facilities	0	235 000	300 000	379 000
Fixtures	481 000	829 000	1 517 000	1 799 000
Total Tangible Assets	481 000	13 919 000	14 624 000	8 534 000
Total Fiancial Fixed Assets	7 979 000	8 270 000	8 510 000	9 806 000
Total Fixed Assets	8 460 000	22 189 000	23 134 000	18 340 000
Stock	0	0	0	7 935 000
Total Investments	0	0	0	0
Cash, Bank	172 000	174 000	1 000	−7 353 000
Total Current Assets	4 298 000	7 906 000	15 736 000	22 571 000
Total Assets	12 757 000	30 095 000	38 870 000	40 910 000
Total Equity	4 790 000	−1 637 000	3 988 000	9 061 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	982 000	17 362 000	15 652 000	25 065 000
Creditors	1 494 000	3 689 000	7 052 000	1 696 000
Unpaid Taxes	2 423 000	3 046 000	4 445 000	3 801 000
Dividends	0	0	0	0
Other Current Debt	1 263 000	1 019 000	6 418 000	1 288 000
Total Current Debt	6 986 000	14 370 000	19 230 000	6 784 000
Total Equity and Debt	12 757 000	30 095 000	38 870 000	40 910 000

Financial indicators	2021	2020	2019	2018
Return on Equity	56,93 %	563,9 %	−127,18 %	29,5 %
Debt-to-Equity Ratio	0,21	−10,61	3,92	2,77
Operating Profit Margin	9,55 %	−45,79 %	−8,26 %	8,31 %
Current Ratio	0,62	0,55	0,82	3,33
Quick Ratio	0,62	0,55	0,82	−19,61
Equity Ratio	0,38	−0,05	0,1	0,22
Gross Profit Margin	38,92 %	39,61 %	43,36 %	33 %