MADAC AS

7074 SPONGDAL

Finances

Return on Equity

50,86 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 044 000	1 890 000	2 571 000	2 281 000
Net Income	1 247 000	520 000	437 000	37 000
Total Assets	5 856 000	4 087 000	3 083 000	1 755 000
Total Equity	2 452 000	1 206 000	686 000	352 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 044 000	1 890 000	2 571 000	2 281 000
Expenditure	798 000	1 370 000	2 064 000	2 219 000
Operating Profit	1 247 000	520 000	507 000	62 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	1 247 000	520 000	507 000	62 000
Tax	0	0	70 000	25 000
Net Income	1 247 000	520 000	437 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	405 000	461 000	205 000	911 000
Total Current Assets	5 452 000	3 625 000	2 879 000	844 000
Total Assets	5 856 000	4 087 000	3 083 000	1 755 000
Total Retained Equity	2 097 000	851 000	331 000	−3 000
Total Equity	2 452 000	1 206 000	686 000	352 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 404 000	2 933 000	2 450 000	1 403 000
Total Equity and Debt	5 856 000	4 139 000	3 136 000	1 755 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 029 000	1 875 000	2 561 000	2 238 000
Other Income	15 000	15 000	10 000	44 000
Revenue	2 044 000	1 890 000	2 571 000	2 281 000
Cost of Goods Sold	467 000	639 000	1 243 000	498 000
Salary Costs	1 000	560 000	560 000	1 000
Depreciation	109 000	43 000	42 000	14 000
Impairment	0	0	0	0
Expenditure	798 000	1 370 000	2 064 000	2 219 000
Operating Profit	1 247 000	520 000	507 000	62 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	1 247 000	520 000	437 000	37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	257 000	300 000	0	0
Machinery and Plant Facilities	83 000	130 000	153 000	175 000
Fixtures	13 000	32 000	52 000	78 000
Total Tangible Assets	352 000	461 000	205 000	253 000
Total Fiancial Fixed Assets	52 000	0	0	658 000
Total Fixed Assets	405 000	461 000	205 000	911 000
Stock	0	0	0	−133 000
Total Investments	0	0	0	0
Cash, Bank	4 422 000	2 397 000	2 233 000	634 000
Total Current Assets	5 452 000	3 625 000	2 879 000	844 000
Total Assets	5 856 000	4 087 000	3 083 000	1 755 000
Total Equity	2 452 000	1 206 000	686 000	352 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	555 000	428 000	228 000	73 000
Unpaid Taxes	1 350 000	1 006 000	723 000	475 000
Dividends	0	0	0	0
Other Current Debt	1 355 000	1 355 000	1 355 000	830 000
Total Current Debt	3 404 000	2 933 000	2 450 000	1 403 000
Total Equity and Debt	5 856 000	4 139 000	3 136 000	1 755 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,86 %	43,12 %	63,7 %	10,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	61,01 %	27,51 %	19,72 %	2,72 %
Current Ratio	1,6	1,24	1,18	0,6
Quick Ratio	1,6	1,24	1,18	0,55
Equity Ratio	0,42	0,3	0,22	0,2
Gross Profit Margin	77,15 %	66,19 %	51,65 %	78,17 %