MDE INVEST AS

4033 STAVANGER

Finances

Return on Equity

41,16 %

Current Ratio

1,14

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 626 116 000	1 351 447 000	912 490 000	736 003 000
Net Income	23 622 000	22 210 000	17 645 000	19 357 000
Total Assets	420 032 000	353 945 000	266 917 000	170 126 000
Total Equity	57 385 000	47 553 000	45 874 000	31 629 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 626 116 000	1 351 447 000	912 490 000	736 003 000
Expenditure	1 591 802 000	1 323 411 000	884 471 000	711 379 000
Operating Profit	34 313 000	28 036 000	28 019 000	24 624 000
Financial Income	2 705 000	3 151 000	3 619 000	2 823 000
Financial Costs	3 208 000	3 648 000	6 214 000	2 789 000
Financial Balance	−503 000	−497 000	−2 595 000	34 000
Earnings Before Tax	33 810 000	27 539 000	25 424 000	24 657 000
Tax	10 188 000	5 329 000	7 779 000	5 301 000
Net Income	23 622 000	22 210 000	17 645 000	19 357 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 366 000	8 672 000	5 672 000	4 519 000
Total Current Assets	411 666 000	345 274 000	261 245 000	165 607 000
Total Assets	420 032 000	353 945 000	266 917 000	170 126 000
Total Retained Equity	40 352 000	33 984 000	35 127 000	24 750 000
Total Equity	57 385 000	47 553 000	45 874 000	31 629 000
Total Long-Term Debt	3 056 000	142 000	914 000	0
Total Current Debt	359 591 000	306 251 000	220 129 000	138 497 000
Total Equity and Debt	420 032 000	353 945 000	266 917 000	170 126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 620 913 000	1 343 759 000	907 840 000	736 003 000
Other Income	5 203 000	7 688 000	4 650 000	0
Revenue	1 626 116 000	1 351 447 000	912 490 000	736 003 000
Cost of Goods Sold	633 360 000	600 781 000	468 243 000	459 897 000
Salary Costs	889 056 000	668 750 000	381 895 000	225 392 000
Depreciation	3 582 000	2 459 000	1 657 000	295 000
Impairment	0	0	0	0
Expenditure	1 591 802 000	1 323 411 000	884 471 000	711 379 000
Operating Profit	34 313 000	28 036 000	28 019 000	24 624 000
Financial Income	2 705 000	3 151 000	3 619 000	2 823 000
Financial Costs	3 208 000	3 648 000	6 214 000	2 789 000
Financial Balance	−503 000	−497 000	−2 595 000	34 000
Dividends	1 600 000	16 900 000	3 800 000	14 000 000
Net Income	23 622 000	22 210 000	17 645 000	19 357 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	25 000	0
Total Intangible Assets	2 415 000	1 307 000	25 000	1 350 000
Real Eastate	589 000	575 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 442 000	5 998 000	4 834 000	1 836 000
Total Tangible Assets	5 032 000	6 573 000	4 834 000	1 836 000
Total Fiancial Fixed Assets	919 000	792 000	812 000	1 334 000
Total Fixed Assets	8 366 000	8 672 000	5 672 000	4 519 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 701 000	86 291 000	55 058 000	21 777 000
Total Current Assets	411 666 000	345 274 000	261 245 000	165 607 000
Total Assets	420 032 000	353 945 000	266 917 000	170 126 000
Total Equity	57 385 000	47 553 000	45 874 000	31 629 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 056 000	142 000	914 000	0
Creditors	82 636 000	84 650 000	70 042 000	44 501 000
Unpaid Taxes	106 948 000	86 862 000	49 136 000	29 538 000
Dividends	1 600 000	16 900 000	3 800 000	14 000 000
Other Current Debt	118 554 000	90 289 000	62 244 000	38 651 000
Total Current Debt	359 591 000	306 251 000	220 129 000	138 497 000
Total Equity and Debt	420 032 000	353 945 000	266 917 000	170 126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,16 %	46,71 %	38,46 %	61,2 %
Debt-to-Equity Ratio	0,05	0	0,02	0
Operating Profit Margin	2,11 %	2,07 %	3,07 %	3,35 %
Current Ratio	1,14	1,13	1,19	1,2
Quick Ratio	1,14	1,13	1,19	1,2
Equity Ratio	0,14	0,13	0,17	0,19
Gross Profit Margin	61,05 %	55,55 %	48,69 %	37,51 %