MASTERVET AS

5067 BERGEN

Finances

Share Ownership

Return on Equity

22,25 %

Current Ratio

2,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 196 000	17 327 000	13 147 000	10 617 000
Net Income	1 153 000	2 163 000	993 000	368 000
Total Assets	8 425 000	6 919 000	4 519 000	3 097 000
Total Equity	5 182 000	4 029 000	2 466 000	1 473 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 196 000	17 327 000	13 147 000	10 617 000
Expenditure	16 658 000	14 561 000	11 892 000	10 212 000
Operating Profit	1 604 000	2 809 000	1 257 000	460 000
Financial Income	8 000	8 000	12 000	10 000
Financial Costs	16 000	1 000	2 000	2 000
Financial Balance	−8 000	7 000	10 000	8 000
Earnings Before Tax	1 596 000	2 816 000	1 267 000	468 000
Tax	443 000	653 000	274 000	101 000
Net Income	1 153 000	2 163 000	993 000	368 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 506 000	876 000	10 000	10 000
Total Current Assets	6 919 000	6 044 000	4 510 000	3 087 000
Total Assets	8 425 000	6 919 000	4 519 000	3 097 000
Total Retained Equity	4 298 000	3 145 000	1 582 000	589 000
Total Equity	5 182 000	4 029 000	2 466 000	1 473 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 243 000	2 891 000	2 053 000	1 624 000
Total Equity and Debt	8 425 000	6 919 000	4 519 000	3 097 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 156 000	17 293 000	13 102 000	10 581 000
Other Income	40 000	35 000	44 000	36 000
Revenue	18 196 000	17 327 000	13 147 000	10 617 000
Cost of Goods Sold	4 419 000	4 314 000	3 655 000	3 099 000
Salary Costs	8 548 000	7 920 000	6 284 000	5 413 000
Depreciation	476 000	164 000	0	28 000
Impairment	0	0	0	0
Expenditure	16 658 000	14 561 000	11 892 000	10 212 000
Operating Profit	1 604 000	2 809 000	1 257 000	460 000
Financial Income	8 000	8 000	12 000	10 000
Financial Costs	16 000	1 000	2 000	2 000
Financial Balance	−8 000	7 000	10 000	8 000
Dividends	0	600 000	0	0
Net Income	1 153 000	2 163 000	993 000	368 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	724 000	48 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	772 000	818 000	0	0
Total Tangible Assets	1 496 000	866 000	0	0
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	1 506 000	876 000	10 000	10 000
Stock	497 000	431 000	389 000	387 000
Total Investments	0	0	0	0
Cash, Bank	5 365 000	5 318 000	4 014 000	2 599 000
Total Current Assets	6 919 000	6 044 000	4 510 000	3 087 000
Total Assets	8 425 000	6 919 000	4 519 000	3 097 000
Total Equity	5 182 000	4 029 000	2 466 000	1 473 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	579 000	106 000	320 000	249 000
Unpaid Taxes	1 390 000	1 295 000	829 000	730 000
Dividends	0	600 000	0	0
Other Current Debt	831 000	838 000	631 000	545 000
Total Current Debt	3 243 000	2 891 000	2 053 000	1 624 000
Total Equity and Debt	8 425 000	6 919 000	4 519 000	3 097 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,25 %	53,69 %	40,27 %	24,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,82 %	16,21 %	9,56 %	4,33 %
Current Ratio	2,13	2,09	2,2	1,9
Quick Ratio	2,52	2,46	2,71	2,5
Equity Ratio	0,62	0,58	0,55	0,48
Gross Profit Margin	75,71 %	75,1 %	72,2 %	70,81 %