MARTIN'S HÅNDVERKSERVICE AS

9950 VARDØ

Finances

Share Ownership

Return on Equity

9,89 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 054 000	1 399 000	111 000	709 000
Net Income	9 000	159 000	18 000	−10 000
Total Assets	336 000	486 000	68 000	293 000
Total Equity	91 000	82 000	−78 000	−77 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 054 000	1 399 000	111 000	709 000
Expenditure	2 042 000	1 218 000	89 000	719 000
Operating Profit	12 000	181 000	22 000	−10 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	12 000	181 000	22 000	−10 000
Tax	3 000	21 000	4 000	0
Net Income	9 000	159 000	18 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 000	92 000	37 000	107 000
Total Current Assets	269 000	394 000	31 000	186 000
Total Assets	336 000	486 000	68 000	293 000
Total Retained Equity	61 000	52 000	−108 000	−107 000
Total Equity	91 000	82 000	−78 000	−77 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	245 000	404 000	145 000	369 000
Total Equity and Debt	336 000	486 000	68 000	293 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 950 000	1 396 000	94 000	709 000
Other Income	105 000	3 000	16 000	0
Revenue	2 054 000	1 399 000	111 000	709 000
Cost of Goods Sold	408 000	344 000	8 000	74 000
Salary Costs	1 297 000	606 000	2 000	429 000
Depreciation	25 000	29 000	27 000	37 000
Impairment	0	41 000	0	0
Expenditure	2 042 000	1 218 000	89 000	719 000
Operating Profit	12 000	181 000	22 000	−10 000
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	9 000	159 000	18 000	−10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	24 000
Machinery and Plant Facilities	0	0	9 000	0
Fixtures	67 000	92 000	28 000	83 000
Total Tangible Assets	67 000	92 000	37 000	107 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	67 000	92 000	37 000	107 000
Stock	30 000	10 000	10 000	10 000
Total Investments	0	0	0	0
Cash, Bank	61 000	359 000	21 000	176 000
Total Current Assets	269 000	394 000	31 000	186 000
Total Assets	336 000	486 000	68 000	293 000
Total Equity	91 000	82 000	−78 000	−77 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	3 000	2 000
Unpaid Taxes	100 000	211 000	21 000	178 000
Dividends	0	0	0	0
Other Current Debt	148 000	172 000	117 000	189 000
Total Current Debt	245 000	404 000	145 000	369 000
Total Equity and Debt	336 000	486 000	68 000	293 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,89 %	193,9 %	−23,08 %	12,99 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	0,58 %	12,94 %	19,82 %	−1,41 %
Current Ratio	1,1	0,98	0,21	0,5
Quick Ratio	1,25	1	0,23	0,52
Equity Ratio	0,27	0,17	−1,15	−0,26
Gross Profit Margin	80,14 %	75,41 %	92,79 %	89,56 %