MANDAL PIPEFIKS AS

4516 MANDAL

Finances

Share Ownership

Return on Equity

31,54 %

Current Ratio

1,73

Debt-to-Equity Ratio

3,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 130 000	2 827 000	1 448 000	1 412 000
Net Income	135 000	85 000	30 000	138 000
Total Assets	2 208 000	1 804 000	1 737 000	1 572 000
Total Equity	428 000	293 000	208 000	178 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 130 000	2 827 000	1 448 000	1 412 000
Expenditure	2 869 000	2 660 000	1 380 000	1 235 000
Operating Profit	261 000	167 000	69 000	177 000
Financial Income	0	0	0	0
Financial Costs	85 000	59 000	29 000	0
Financial Balance	−85 000	−59 000	−29 000	0
Earnings Before Tax	176 000	108 000	40 000	177 000
Tax	41 000	23 000	10 000	39 000
Net Income	135 000	85 000	30 000	138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 413 000	1 079 000	1 129 000	931 000
Total Current Assets	796 000	725 000	608 000	641 000
Total Assets	2 208 000	1 804 000	1 737 000	1 572 000
Total Retained Equity	398 000	263 000	178 000	148 000
Total Equity	428 000	293 000	208 000	178 000
Total Long-Term Debt	1 320 000	1 083 000	1 208 000	0
Total Current Debt	461 000	428 000	320 000	1 394 000
Total Equity and Debt	2 208 000	1 804 000	1 737 000	1 572 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 130 000	2 827 000	1 448 000	1 412 000
Other Income	0	0	0	0
Revenue	3 130 000	2 827 000	1 448 000	1 412 000
Cost of Goods Sold	1 719 000	1 725 000	1 112 000	1 145 000
Salary Costs	641 000	628 000	55 000	0
Depreciation	145 000	50 000	50 000	50 000
Impairment	0	0	0	0
Expenditure	2 869 000	2 660 000	1 380 000	1 235 000
Operating Profit	261 000	167 000	69 000	177 000
Financial Income	0	0	0	0
Financial Costs	85 000	59 000	29 000	0
Financial Balance	−85 000	−59 000	−29 000	0
Dividends	0	0	0	0
Net Income	135 000	85 000	30 000	138 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 029 000	1 074 000	1 118 000	916 000
Machinery and Plant Facilities	383 000	0	0	0
Fixtures	0	5 000	10 000	16 000
Total Tangible Assets	1 413 000	1 079 000	1 129 000	931 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 413 000	1 079 000	1 129 000	931 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	180 000	304 000	440 000	333 000
Total Current Assets	796 000	725 000	608 000	641 000
Total Assets	2 208 000	1 804 000	1 737 000	1 572 000
Total Equity	428 000	293 000	208 000	178 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 320 000	1 083 000	1 208 000	0
Creditors	289 000	283 000	309 000	1 594 000
Unpaid Taxes	79 000	74 000	−4 000	−239 000
Dividends	0	0	0	0
Other Current Debt	51 000	48 000	5 000	0
Total Current Debt	461 000	428 000	320 000	1 394 000
Total Equity and Debt	2 208 000	1 804 000	1 737 000	1 572 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,54 %	29,01 %	14,42 %	77,53 %
Debt-to-Equity Ratio	3,08	3,7	5,81	0
Operating Profit Margin	8,34 %	5,91 %	4,77 %	12,54 %
Current Ratio	1,73	1,69	1,9	0,46
Quick Ratio	1,73	1,69	1,9	0,46
Equity Ratio	0,19	0,16	0,12	0,11
Gross Profit Margin	45,08 %	38,98 %	23,2 %	18,91 %