MALERFIRMA WOLDSETH & MELKEVIK AS

5238 RÅDAL

Finances

Return on Equity

43,94 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 821 000	3 402 000	3 649 000	3 212 000
Net Income	163 000	140 000	130 000	−87 000
Total Assets	999 000	1 125 000	1 031 000	1 054 000
Total Equity	371 000	468 000	328 000	198 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 821 000	3 402 000	3 649 000	3 212 000
Expenditure	2 627 000	3 258 000	3 491 000	3 289 000
Operating Profit	194 000	145 000	158 000	−79 000
Financial Income	0	0	0	0
Financial Costs	3 000	5 000	6 000	8 000
Financial Balance	−3 000	−5 000	−6 000	−8 000
Earnings Before Tax	191 000	140 000	152 000	−87 000
Tax	28 000	0	22 000	0
Net Income	163 000	140 000	130 000	−87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	173 000	210 000	247 000	284 000
Total Current Assets	826 000	915 000	784 000	770 000
Total Assets	999 000	1 125 000	1 031 000	1 054 000
Total Retained Equity	281 000	278 000	138 000	8 000
Total Equity	371 000	468 000	328 000	198 000
Total Long-Term Debt	30 000	39 000	65 000	89 000
Total Current Debt	598 000	619 000	638 000	767 000
Total Equity and Debt	999 000	1 125 000	1 031 000	1 054 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 818 000	3 402 000	3 649 000	3 212 000
Other Income	3 000	0	0	0
Revenue	2 821 000	3 402 000	3 649 000	3 212 000
Cost of Goods Sold	420 000	537 000	592 000	610 000
Salary Costs	1 719 000	2 164 000	2 133 000	2 182 000
Depreciation	37 000	37 000	37 000	38 000
Impairment	0	0	0	0
Expenditure	2 627 000	3 258 000	3 491 000	3 289 000
Operating Profit	194 000	145 000	158 000	−79 000
Financial Income	0	0	0	0
Financial Costs	3 000	5 000	6 000	8 000
Financial Balance	−3 000	−5 000	−6 000	−8 000
Dividends	0	0	0	0
Net Income	163 000	140 000	130 000	−87 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	173 000	210 000	247 000	284 000
Total Tangible Assets	173 000	210 000	247 000	284 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	173 000	210 000	247 000	284 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	478 000	682 000	316 000	38 000
Total Current Assets	826 000	915 000	784 000	770 000
Total Assets	999 000	1 125 000	1 031 000	1 054 000
Total Equity	371 000	468 000	328 000	198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	30 000	39 000	65 000	89 000
Creditors	144 000	109 000	128 000	209 000
Unpaid Taxes	277 000	291 000	278 000	284 000
Dividends	0	0	0	0
Other Current Debt	167 000	219 000	210 000	273 000
Total Current Debt	598 000	619 000	638 000	767 000
Total Equity and Debt	999 000	1 125 000	1 031 000	1 054 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,94 %	29,91 %	39,63 %	−43,94 %
Debt-to-Equity Ratio	0,08	0,08	0,2	0,45
Operating Profit Margin	6,88 %	4,26 %	4,33 %	−2,46 %
Current Ratio	1,38	1,48	1,23	1
Quick Ratio	1,38	1,48	1,23	1
Equity Ratio	0,37	0,42	0,32	0,19
Gross Profit Margin	85,11 %	84,22 %	83,78 %	81,01 %