MÆLAND RØR AS

4362 VIGRESTAD

Finances

Return on Equity

14,2 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 222 000	37 746 000	43 237 000	50 347 000
Net Income	1 677 000	2 531 000	339 000	2 917 000
Total Assets	23 161 000	28 122 000	17 818 000	20 867 000
Total Equity	11 810 000	10 133 000	7 602 000	7 263 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 222 000	37 746 000	43 237 000	50 347 000
Expenditure	31 107 000	34 880 000	43 016 000	46 680 000
Operating Profit	2 115 000	2 866 000	220 000	3 667 000
Financial Income	104 000	319 000	113 000	107 000
Financial Costs	5 000	2 000	57 000	26 000
Financial Balance	99 000	317 000	56 000	81 000
Earnings Before Tax	2 215 000	3 183 000	276 000	3 749 000
Tax	537 000	652 000	−63 000	832 000
Net Income	1 677 000	2 531 000	339 000	2 917 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	694 000	669 000	2 170 000	1 617 000
Total Current Assets	22 467 000	27 453 000	15 647 000	19 251 000
Total Assets	23 161 000	28 122 000	17 818 000	20 867 000
Total Retained Equity	10 667 000	8 989 000	6 459 000	6 120 000
Total Equity	11 810 000	10 133 000	7 602 000	7 263 000
Total Long-Term Debt	0	414 000	769 000	0
Total Current Debt	11 351 000	17 575 000	9 447 000	13 604 000
Total Equity and Debt	23 161 000	28 122 000	17 818 000	20 867 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 222 000	37 740 000	43 223 000	50 257 000
Other Income	0	5 000	14 000	90 000
Revenue	33 222 000	37 746 000	43 237 000	50 347 000
Cost of Goods Sold	14 196 000	18 326 000	24 115 000	28 672 000
Salary Costs	12 840 000	12 227 000	14 010 000	14 038 000
Depreciation	190 000	228 000	278 000	304 000
Impairment	0	0	0	0
Expenditure	31 107 000	34 880 000	43 016 000	46 680 000
Operating Profit	2 115 000	2 866 000	220 000	3 667 000
Financial Income	104 000	319 000	113 000	107 000
Financial Costs	5 000	2 000	57 000	26 000
Financial Balance	99 000	317 000	56 000	81 000
Dividends	0	0	0	2 500 000
Net Income	1 677 000	2 531 000	339 000	2 917 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	832 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	141 000	236 000	374 000	569 000
Fixtures	533 000	413 000	464 000	548 000
Total Tangible Assets	674 000	649 000	838 000	1 116 000
Total Fiancial Fixed Assets	20 000	20 000	501 000	501 000
Total Fixed Assets	694 000	669 000	2 170 000	1 617 000
Stock	6 748 000	5 858 000	4 505 000	6 332 000
Total Investments	0	0	0	0
Cash, Bank	3 564 000	6 926 000	702 000	3 195 000
Total Current Assets	22 467 000	27 453 000	15 647 000	19 251 000
Total Assets	23 161 000	28 122 000	17 818 000	20 867 000
Total Equity	11 810 000	10 133 000	7 602 000	7 263 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	414 000	769 000	0
Creditors	2 173 000	10 237 000	3 240 000	2 827 000
Unpaid Taxes	2 969 000	2 004 000	2 471 000	2 477 000
Dividends	0	0	0	2 500 000
Other Current Debt	5 257 000	4 327 000	3 735 000	4 969 000
Total Current Debt	11 351 000	17 575 000	9 447 000	13 604 000
Total Equity and Debt	23 161 000	28 122 000	17 818 000	20 867 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,2 %	24,98 %	4,46 %	40,16 %
Debt-to-Equity Ratio	0	0,04	0,1	0
Operating Profit Margin	6,37 %	7,59 %	0,51 %	7,28 %
Current Ratio	1,98	1,56	1,66	1,42
Quick Ratio	4,88	2,34	3,17	2,65
Equity Ratio	0,51	0,36	0,43	0,35
Gross Profit Margin	57,27 %	51,45 %	44,23 %	43,05 %