MN PERFORMANCE AS

6019 ÅLESUND

Finances

Share Ownership

Return on Equity

−100,61 %

Current Ratio

3,34

Debt-to-Equity Ratio

−3,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	962 000	487 000	753 000	573 000
Net Income	665 000	366 000	212 000	7 000
Total Assets	1 981 000	982 000	667 000	477 000
Total Equity	−661 000	−1 326 000	−1 692 000	−1 904 000

Income (NOK)	2022	2021	2020	2019
Revenue	962 000	487 000	753 000	573 000
Expenditure	297 000	120 000	541 000	567 000
Operating Profit	665 000	366 000	212 000	6 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	665 000	366 000	212 000	7 000
Tax	0	0	0	0
Net Income	665 000	366 000	212 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 981 000	982 000	667 000	477 000
Total Assets	1 981 000	982 000	667 000	477 000
Total Retained Equity	−711 000	−1 376 000	−1 742 000	−1 954 000
Total Equity	−661 000	−1 326 000	−1 692 000	−1 904 000
Total Long-Term Debt	2 049 000	2 049 000	2 049 000	2 049 000
Total Current Debt	594 000	259 000	310 000	332 000
Total Equity and Debt	1 981 000	982 000	667 000	477 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	962 000	487 000	753 000	573 000
Other Income	0	0	0	0
Revenue	962 000	487 000	753 000	573 000
Cost of Goods Sold	158 000	75 000	420 000	401 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	26 000
Impairment	0	0	0	0
Expenditure	297 000	120 000	541 000	567 000
Operating Profit	665 000	366 000	212 000	6 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	665 000	366 000	212 000	7 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 531 000	818 000	376 000	394 000
Total Current Assets	1 981 000	982 000	667 000	477 000
Total Assets	1 981 000	982 000	667 000	477 000
Total Equity	−661 000	−1 326 000	−1 692 000	−1 904 000
Short-Term Group Debt	0	11 000	11 000	0
Total Long-Term Debt	2 049 000	2 049 000	2 049 000	2 049 000
Creditors	157 000	0	0	−21 000
Unpaid Taxes	183 000	0	50 000	29 000
Dividends	0	0	0	0
Other Current Debt	254 000	248 000	249 000	325 000
Total Current Debt	594 000	259 000	310 000	332 000
Total Equity and Debt	1 981 000	982 000	667 000	477 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−100,61 %	−27,6 %	−12,53 %	−0,37 %
Debt-to-Equity Ratio	−3,1	−1,55	−1,21	−1,08
Operating Profit Margin	69,13 %	75,15 %	28,15 %	1,05 %
Current Ratio	3,34	3,79	2,15	1,44
Quick Ratio	3,34	3,79	2,15	1,44
Equity Ratio	−0,33	−1,35	−2,54	−3,99
Gross Profit Margin	83,58 %	84,6 %	44,22 %	30,02 %