MULTI KULDE VEST AS

6011 ÅLESUND

Finances

Share Ownership

Return on Equity

46,74 %

Current Ratio

2,11

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 026 000	45 725 000	37 748 000	17 300 000
Net Income	5 983 000	4 675 000	3 752 000	1 154 000
Total Assets	24 584 000	18 727 000	13 252 000	5 518 000
Total Equity	12 800 000	8 267 000	5 592 000	1 822 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 026 000	45 725 000	37 748 000	17 300 000
Expenditure	42 481 000	39 679 000	32 904 000	15 799 000
Operating Profit	7 545 000	6 046 000	4 843 000	1 501 000
Financial Income	197 000	32 000	36 000	1 000
Financial Costs	66 000	65 000	71 000	21 000
Financial Balance	131 000	−33 000	−35 000	−20 000
Earnings Before Tax	7 676 000	6 013 000	4 808 000	1 480 000
Tax	1 693 000	1 338 000	1 056 000	326 000
Net Income	5 983 000	4 675 000	3 752 000	1 154 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	657 000	517 000	449 000	1 184 000
Total Current Assets	23 927 000	18 210 000	12 802 000	4 334 000
Total Assets	24 584 000	18 727 000	13 252 000	5 518 000
Total Retained Equity	12 600 000	8 067 000	5 392 000	1 622 000
Total Equity	12 800 000	8 267 000	5 592 000	1 822 000
Total Long-Term Debt	467 000	667 000	867 000	75 000
Total Current Debt	11 318 000	9 794 000	6 793 000	3 621 000
Total Equity and Debt	24 584 000	18 727 000	13 252 000	5 518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 665 000	45 725 000	37 741 000	17 300 000
Other Income	1 361 000	0	7 000	0
Revenue	50 026 000	45 725 000	37 748 000	17 300 000
Cost of Goods Sold	23 063 000	22 906 000	18 333 000	7 346 000
Salary Costs	14 252 000	12 482 000	11 216 000	6 128 000
Depreciation	242 000	159 000	115 000	21 000
Impairment	0	0	0	0
Expenditure	42 481 000	39 679 000	32 904 000	15 799 000
Operating Profit	7 545 000	6 046 000	4 843 000	1 501 000
Financial Income	197 000	32 000	36 000	1 000
Financial Costs	66 000	65 000	71 000	21 000
Financial Balance	131 000	−33 000	−35 000	−20 000
Dividends	0	0	0	0
Net Income	5 983 000	4 675 000	3 752 000	1 154 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	57 000	52 000	62 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	60 000	142 000	227 000	8 000
Fixtures	568 000	317 000	170 000	15 000
Total Tangible Assets	628 000	460 000	397 000	22 000
Total Fiancial Fixed Assets	0	0	0	1 100 000
Total Fixed Assets	657 000	517 000	449 000	1 184 000
Stock	1 477 000	1 048 000	1 234 000	646 000
Total Investments	0	0	0	0
Cash, Bank	11 967 000	8 611 000	5 660 000	2 033 000
Total Current Assets	23 927 000	18 210 000	12 802 000	4 334 000
Total Assets	24 584 000	18 727 000	13 252 000	5 518 000
Total Equity	12 800 000	8 267 000	5 592 000	1 822 000
Short-Term Group Debt	0	0	0	1 348 000
Total Long-Term Debt	467 000	667 000	867 000	75 000
Creditors	2 560 000	3 091 000	2 912 000	663 000
Unpaid Taxes	2 763 000	2 914 000	1 638 000	844 000
Dividends	0	0	0	0
Other Current Debt	4 329 000	2 446 000	1 191 000	738 000
Total Current Debt	11 318 000	9 794 000	6 793 000	3 621 000
Total Equity and Debt	24 584 000	18 727 000	13 252 000	5 518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,74 %	56,55 %	67,1 %	63,34 %
Debt-to-Equity Ratio	0,04	0,08	0,16	0,04
Operating Profit Margin	15,08 %	13,22 %	12,83 %	8,68 %
Current Ratio	2,11	1,86	1,88	1,2
Quick Ratio	2,43	2,08	2,3	1,46
Equity Ratio	0,52	0,44	0,42	0,33
Gross Profit Margin	53,9 %	49,9 %	51,43 %	57,54 %