MUNK NORWAY AS

3045 DRAMMEN

Finances

Return on Equity

28,9 %

Current Ratio

1,6

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 773 000	35 625 000	44 945 000	47 010 000
Net Income	2 296 000	2 807 000	5 516 000	−5 567 000
Total Assets	24 833 000	22 354 000	17 734 000	26 213 000
Total Equity	7 946 000	6 650 000	3 843 000	−1 672 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 773 000	35 625 000	44 945 000	47 010 000
Expenditure	41 590 000	32 247 000	40 097 000	49 922 000
Operating Profit	4 183 000	3 379 000	4 848 000	−2 911 000
Financial Income	683 000	959 000	4 006 000	241 000
Financial Costs	1 663 000	922 000	3 469 000	2 509 000
Financial Balance	−980 000	37 000	537 000	−2 268 000
Earnings Before Tax	3 202 000	3 416 000	5 386 000	−5 180 000
Tax	906 000	609 000	−130 000	388 000
Net Income	2 296 000	2 807 000	5 516 000	−5 567 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	736 000	969 000	1 203 000	535 000
Total Current Assets	24 097 000	21 386 000	16 531 000	25 678 000
Total Assets	24 833 000	22 354 000	17 734 000	26 213 000
Total Retained Equity	7 895 000	6 599 000	3 792 000	−1 723 000
Total Equity	7 946 000	6 650 000	3 843 000	−1 672 000
Total Long-Term Debt	1 862 000	3 146 000	3 424 000	3 459 000
Total Current Debt	15 025 000	12 558 000	10 467 000	24 426 000
Total Equity and Debt	24 833 000	22 354 000	17 734 000	26 213 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 073 000	34 631 000	44 780 000	46 530 000
Other Income	700 000	995 000	166 000	480 000
Revenue	45 773 000	35 625 000	44 945 000	47 010 000
Cost of Goods Sold	32 575 000	24 046 000	30 156 000	33 820 000
Salary Costs	2 881 000	2 498 000	2 395 000	2 711 000
Depreciation	232 000	235 000	232 000	230 000
Impairment	0	0	0	0
Expenditure	41 590 000	32 247 000	40 097 000	49 922 000
Operating Profit	4 183 000	3 379 000	4 848 000	−2 911 000
Financial Income	683 000	959 000	4 006 000	241 000
Financial Costs	1 663 000	922 000	3 469 000	2 509 000
Financial Balance	−980 000	37 000	537 000	−2 268 000
Dividends	1 000 000	0	0	0
Net Income	2 296 000	2 807 000	5 516 000	−5 567 000

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	636 000	869 000	1 103 000	401 000
Total Tangible Assets	636 000	869 000	1 103 000	401 000
Total Fiancial Fixed Assets	100 000	100 000	100 000	133 000
Total Fixed Assets	736 000	969 000	1 203 000	535 000
Stock	16 183 000	10 932 000	10 684 000	8 298 000
Total Investments	0	0	0	0
Cash, Bank	140 000	302 000	300 000	215 000
Total Current Assets	24 097 000	21 386 000	16 531 000	25 678 000
Total Assets	24 833 000	22 354 000	17 734 000	26 213 000
Total Equity	7 946 000	6 650 000	3 843 000	−1 672 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 862 000	3 146 000	3 424 000	3 459 000
Creditors	3 285 000	803 000	841 000	9 519 000
Unpaid Taxes	2 122 000	1 908 000	1 559 000	2 664 000
Dividends	1 000 000	0	0	0
Other Current Debt	5 920 000	6 989 000	5 958 000	11 856 000
Total Current Debt	15 025 000	12 558 000	10 467 000	24 426 000
Total Equity and Debt	24 833 000	22 354 000	17 734 000	26 213 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,9 %	42,21 %	143,53 %	332,95 %
Debt-to-Equity Ratio	0,23	0,47	0,89	−2,07
Operating Profit Margin	9,14 %	9,48 %	10,79 %	−6,19 %
Current Ratio	1,6	1,7	1,58	1,05
Quick Ratio	−20,81	13,15	−76,18	1,59
Equity Ratio	0,32	0,3	0,22	−0,06
Gross Profit Margin	28,83 %	32,5 %	32,9 %	28,06 %