MFEE AS

3132 HUSØYSUND

Finances

Share Ownership

Return on Equity

−96,15 %

Current Ratio

1,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 000	157 000	610 000	499 000
Net Income	−50 000	−19 000	120 000	−24 000
Total Assets	110 000	261 000	757 000	316 000
Total Equity	52 000	102 000	120 000	10 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 000	157 000	610 000	499 000
Expenditure	149 000	181 000	463 000	524 000
Operating Profit	−37 000	−24 000	147 000	−25 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	−37 000	−24 000	148 000	−24 000
Tax	13 000	−5 000	27 000	0
Net Income	−50 000	−19 000	120 000	−24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	13 000	8 000	10 000
Total Current Assets	110 000	247 000	749 000	306 000
Total Assets	110 000	261 000	757 000	316 000
Total Retained Equity	22 000	72 000	90 000	−20 000
Total Equity	52 000	102 000	120 000	10 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	59 000	159 000	637 000	306 000
Total Equity and Debt	110 000	261 000	757 000	316 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	112 000	157 000	461 000	499 000
Other Income	0	0	149 000	0
Revenue	112 000	157 000	610 000	499 000
Cost of Goods Sold	54 000	54 000	139 000	183 000
Salary Costs	0	0	51 000	69 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	149 000	181 000	463 000	524 000
Operating Profit	−37 000	−24 000	147 000	−25 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	115 000
Net Income	−50 000	−19 000	120 000	−24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	13 000	8 000	10 000
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	0	13 000	8 000	10 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	184 000	580 000	301 000
Total Current Assets	110 000	247 000	749 000	306 000
Total Assets	110 000	261 000	757 000	316 000
Total Equity	52 000	102 000	120 000	10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	131 000	579 000	162 000
Unpaid Taxes	1 000	1 000	17 000	8 000
Dividends	0	0	0	115 000
Other Current Debt	57 000	27 000	6 000	137 000
Total Current Debt	59 000	159 000	637 000	306 000
Total Equity and Debt	110 000	261 000	757 000	316 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−96,15 %	−18,63 %	100 %	−240 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−33,04 %	−15,29 %	24,1 %	−5,01 %
Current Ratio	1,86	1,55	1,18	1
Quick Ratio	1,86	1,55	1,18	1
Equity Ratio	0,47	0,39	0,16	0,03
Gross Profit Margin	51,79 %	65,61 %	77,21 %	63,33 %