MODALEN KRAFTLAG SA

5729 MODALEN

Finances

Share Ownership

Return on Equity

46,63 %

Current Ratio

3,65

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 725 000	12 966 000	6 516 000	8 165 000
Net Income	15 799 000	3 837 000	−2 913 000	−1 155 000
Total Assets	41 653 000	22 865 000	18 940 000	21 632 000
Total Equity	33 885 000	18 085 000	14 248 000	17 162 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 725 000	12 966 000	6 516 000	8 165 000
Expenditure	8 834 000	9 231 000	9 580 000	9 228 000
Operating Profit	19 827 000	3 792 000	−2 968 000	−1 074 000
Financial Income	206 000	120 000	1 000	0
Financial Costs	47 000	45 000	35 000	48 000
Financial Balance	159 000	75 000	−34 000	−48 000
Earnings Before Tax	19 986 000	3 867 000	−3 002 000	−1 122 000
Tax	4 186 000	31 000	−89 000	33 000
Net Income	15 799 000	3 837 000	−2 913 000	−1 155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 254 000	14 251 000	15 280 000	16 418 000
Total Current Assets	27 399 000	8 614 000	3 660 000	5 215 000
Total Assets	41 653 000	22 865 000	18 940 000	21 632 000
Total Retained Equity	33 797 000	17 998 000	14 161 000	17 075 000
Total Equity	33 885 000	18 085 000	14 248 000	17 162 000
Total Long-Term Debt	268 000	1 544 000	1 970 000	1 313 000
Total Current Debt	7 500 000	3 235 000	2 722 000	3 158 000
Total Equity and Debt	41 653 000	22 865 000	18 940 000	21 632 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 832 000	11 292 000	5 487 000	7 739 000
Other Income	5 893 000	1 674 000	1 029 000	426 000
Revenue	28 725 000	12 966 000	6 516 000	8 165 000
Cost of Goods Sold	847 000	1 594 000	2 270 000	1 916 000
Salary Costs	2 617 000	2 958 000	2 511 000	2 501 000
Depreciation	1 058 000	1 328 000	1 460 000	1 391 000
Impairment	0	0	0	0
Expenditure	8 834 000	9 231 000	9 580 000	9 228 000
Operating Profit	19 827 000	3 792 000	−2 968 000	−1 074 000
Financial Income	206 000	120 000	1 000	0
Financial Costs	47 000	45 000	35 000	48 000
Financial Balance	159 000	75 000	−34 000	−48 000
Dividends	0	0	0	0
Net Income	15 799 000	3 837 000	−2 913 000	−1 155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 012 000	1 012 000	1 012 000	1 012 000
Real Eastate	1 208 000	1 329 000	1 451 000	1 585 000
Machinery and Plant Facilities	11 278 000	11 063 000	11 824 000	12 691 000
Fixtures	565 000	712 000	860 000	1 007 000
Total Tangible Assets	13 051 000	13 105 000	14 134 000	15 282 000
Total Fiancial Fixed Assets	192 000	134 000	134 000	124 000
Total Fixed Assets	14 254 000	14 251 000	15 280 000	16 418 000
Stock	897 000	961 000	904 000	808 000
Total Investments	0	0	0	0
Cash, Bank	21 380 000	2 757 000	654 000	1 578 000
Total Current Assets	27 399 000	8 614 000	3 660 000	5 215 000
Total Assets	41 653 000	22 865 000	18 940 000	21 632 000
Total Equity	33 885 000	18 085 000	14 248 000	17 162 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	268 000	1 544 000	1 970 000	1 313 000
Creditors	439 000	1 598 000	969 000	1 429 000
Unpaid Taxes	2 563 000	641 000	−47 000	25 000
Dividends	0	0	0	0
Other Current Debt	311 000	965 000	1 772 000	1 670 000
Total Current Debt	7 500 000	3 235 000	2 722 000	3 158 000
Total Equity and Debt	41 653 000	22 865 000	18 940 000	21 632 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,63 %	21,22 %	−20,44 %	−6,73 %
Debt-to-Equity Ratio	0,01	0,09	0,14	0,08
Operating Profit Margin	69,02 %	29,25 %	−45,55 %	−13,15 %
Current Ratio	3,65	2,66	1,34	1,65
Quick Ratio	4,15	3,79	2,01	2,22
Equity Ratio	0,81	0,79	0,75	0,79
Gross Profit Margin	97,05 %	87,71 %	65,16 %	76,53 %