MALERMESTER T. ARMSTRONG AS

4319 SANDNES

Finances

Return on Equity

34,66 %

Current Ratio

1,75

Debt-to-Equity Ratio

0,89

Key figures (NOK)	2022	2021	2020
Revenue	4 160 000	3 081 000	2 413 000
Net Income	383 000	314 000	370 000
Total Assets	2 897 000	1 416 000	1 019 000
Total Equity	1 105 000	714 000	400 000

Income (NOK)	2022	2021	2020
Revenue	4 160 000	3 081 000	2 413 000
Expenditure	3 656 000	2 668 000	1 939 000
Operating Profit	504 000	413 000	474 000
Financial Income	0	0	0
Financial Costs	13 000	0	0
Financial Balance	−13 000	0	0
Earnings Before Tax	491 000	413 000	474 000
Tax	108 000	99 000	104 000
Net Income	383 000	314 000	370 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 486 000	112 000	113 000
Total Current Assets	1 412 000	1 304 000	906 000
Total Assets	2 897 000	1 416 000	1 019 000
Total Retained Equity	1 075 000	0	370 000
Total Equity	1 105 000	714 000	400 000
Total Long-Term Debt	983 000	0	0
Total Current Debt	809 000	702 000	619 000
Total Equity and Debt	2 897 000	1 416 000	1 019 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 035 000	3 081 000	2 413 000
Other Income	125 000	0	0
Revenue	4 160 000	3 081 000	2 413 000
Cost of Goods Sold	1 717 000	1 595 000	1 006 000
Salary Costs	1 435 000	704 000	583 000
Depreciation	75 000	28 000	28 000
Impairment	0	0	0
Expenditure	3 656 000	2 668 000	1 939 000
Operating Profit	504 000	413 000	474 000
Financial Income	0	0	0
Financial Costs	13 000	0	0
Financial Balance	−13 000	0	0
Dividends	0	0	0
Net Income	383 000	314 000	370 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	1 357 000	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	128 000	111 000	112 000
Total Tangible Assets	1 485 000	111 000	112 000
Total Fiancial Fixed Assets	1 000	1 000	1 000
Total Fixed Assets	1 486 000	112 000	113 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	805 000	978 000	893 000
Total Current Assets	1 412 000	1 304 000	906 000
Total Assets	2 897 000	1 416 000	1 019 000
Total Equity	1 105 000	714 000	400 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	983 000	0	0
Creditors	349 000	401 000	167 000
Unpaid Taxes	103 000	129 000	77 000
Dividends	0	0	0
Other Current Debt	248 000	72 000	271 000
Total Current Debt	809 000	702 000	619 000
Total Equity and Debt	2 897 000	1 416 000	1 019 000

Financial indicators	2022	2021	2020
Return on Equity	34,66 %	43,98 %	92,5 %
Debt-to-Equity Ratio	0,89	0	0
Operating Profit Margin	12,12 %	13,4 %	19,64 %
Current Ratio	1,75	1,86	1,46
Quick Ratio	1,75	1,86	1,46
Equity Ratio	0,38	0,5	0,39
Gross Profit Margin	58,73 %	48,23 %	58,31 %