MODUM SYSTEM MIDT-NORGE AS

7080 HEIMDAL

Finances

Share Ownership

Return on Equity

10,35 %

Current Ratio

7,07

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 760 000	5 115 000	3 088 000	4 709 000
Net Income	323 000	389 000	340 000	724 000
Total Assets	3 575 000	3 697 000	3 026 000	3 080 000
Total Equity	3 121 000	2 998 000	2 609 000	2 469 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 760 000	5 115 000	3 088 000	4 709 000
Expenditure	3 360 000	4 617 000	2 660 000	3 821 000
Operating Profit	400 000	498 000	428 000	888 000
Financial Income	15 000	1 000	8 000	15 000
Financial Costs	0	0	0	0
Financial Balance	15 000	1 000	8 000	15 000
Earnings Before Tax	415 000	499 000	436 000	902 000
Tax	91 000	110 000	96 000	178 000
Net Income	323 000	389 000	340 000	724 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	606 000	288 000	348 000	407 000
Total Current Assets	2 969 000	3 409 000	2 678 000	2 672 000
Total Assets	3 575 000	3 697 000	3 026 000	3 080 000
Total Retained Equity	3 021 000	2 898 000	2 509 000	2 369 000
Total Equity	3 121 000	2 998 000	2 609 000	2 469 000
Total Long-Term Debt	34 000	12 000	12 000	8 000
Total Current Debt	420 000	687 000	405 000	602 000
Total Equity and Debt	3 575 000	3 697 000	3 026 000	3 080 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 723 000	5 115 000	3 088 000	4 635 000
Other Income	37 000	0	0	74 000
Revenue	3 760 000	5 115 000	3 088 000	4 709 000
Cost of Goods Sold	1 951 000	3 355 000	1 636 000	2 109 000
Salary Costs	606 000	534 000	391 000	763 000
Depreciation	93 000	60 000	60 000	37 000
Impairment	0	0	0	0
Expenditure	3 360 000	4 617 000	2 660 000	3 821 000
Operating Profit	400 000	498 000	428 000	888 000
Financial Income	15 000	1 000	8 000	15 000
Financial Costs	0	0	0	0
Financial Balance	15 000	1 000	8 000	15 000
Dividends	0	0	200 000	0
Net Income	323 000	389 000	340 000	724 000

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	606 000	288 000	348 000	407 000
Total Tangible Assets	606 000	288 000	348 000	407 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	606 000	288 000	348 000	407 000
Stock	91 000	82 000	45 000	78 000
Total Investments	695 000	695 000	695 000	295 000
Cash, Bank	2 041 000	2 030 000	1 833 000	1 223 000
Total Current Assets	2 969 000	3 409 000	2 678 000	2 672 000
Total Assets	3 575 000	3 697 000	3 026 000	3 080 000
Total Equity	3 121 000	2 998 000	2 609 000	2 469 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 000	12 000	12 000	8 000
Creditors	218 000	438 000	46 000	50 000
Unpaid Taxes	63 000	73 000	27 000	55 000
Dividends	0	0	200 000	0
Other Current Debt	69 000	66 000	39 000	129 000
Total Current Debt	420 000	687 000	405 000	602 000
Total Equity and Debt	3 575 000	3 697 000	3 026 000	3 080 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,35 %	12,98 %	13,03 %	29,32 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	10,64 %	9,74 %	13,86 %	18,86 %
Current Ratio	7,07	4,96	6,61	4,44
Quick Ratio	9,02	5,63	7,44	5,1
Equity Ratio	0,87	0,81	0,86	0,8
Gross Profit Margin	48,11 %	34,41 %	47,02 %	55,21 %