MARTIN M BAKKEN AS

2406 ELVERUM

Finances

Return on Equity

40,36 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	481 849 000	341 656 000	344 586 000	353 046 000
Net Income	17 668 000	22 180 000	32 309 000	27 061 000
Total Assets	184 325 000	174 485 000	214 677 000	244 733 000
Total Equity	43 774 000	43 762 000	54 494 000	61 205 000

Income (NOK)	2022	2021	2020	2019
Revenue	481 849 000	341 656 000	344 586 000	353 046 000
Expenditure	460 910 000	313 568 000	303 829 000	321 442 000
Operating Profit	20 938 000	28 089 000	40 758 000	31 604 000
Financial Income	1 629 000	298 000	666 000	3 111 000
Financial Costs	4 000	−1 000	1 000	11 000
Financial Balance	1 625 000	299 000	665 000	3 100 000
Earnings Before Tax	22 563 000	28 389 000	41 422 000	34 705 000
Tax	4 895 000	6 209 000	9 113 000	7 643 000
Net Income	17 668 000	22 180 000	32 309 000	27 061 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 452 000	2 756 000	2 441 000	10 711 000
Total Current Assets	181 873 000	171 729 000	212 236 000	234 022 000
Total Assets	184 325 000	174 485 000	214 677 000	244 733 000
Total Retained Equity	12 000	0	4 396 000	11 107 000
Total Equity	43 774 000	43 762 000	54 494 000	61 205 000
Total Long-Term Debt	2 885 000	33 000	0	0
Total Current Debt	137 666 000	130 689 000	160 184 000	183 529 000
Total Equity and Debt	184 325 000	174 485 000	214 677 000	244 733 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	480 823 000	340 529 000	343 627 000	352 099 000
Other Income	1 025 000	1 128 000	959 000	947 000
Revenue	481 849 000	341 656 000	344 586 000	353 046 000
Cost of Goods Sold	342 931 000	198 390 000	181 997 000	207 849 000
Salary Costs	70 363 000	62 358 000	71 229 000	68 250 000
Depreciation	282 000	332 000	204 000	207 000
Impairment	0	0	0	0
Expenditure	460 910 000	313 568 000	303 829 000	321 442 000
Operating Profit	20 938 000	28 089 000	40 758 000	31 604 000
Financial Income	1 629 000	298 000	666 000	3 111 000
Financial Costs	4 000	−1 000	1 000	11 000
Financial Balance	1 625 000	299 000	665 000	3 100 000
Dividends	0	0	0	0
Net Income	17 668 000	22 180 000	32 309 000	27 061 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	87 000	8 220 000
Real Eastate	534 000	616 000	772 000	928 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	494 000	695 000	112 000	160 000
Total Tangible Assets	1 028 000	1 310 000	885 000	1 088 000
Total Fiancial Fixed Assets	1 424 000	1 446 000	1 470 000	1 403 000
Total Fixed Assets	2 452 000	2 756 000	2 441 000	10 711 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	107 887 000	129 717 000	157 048 000	152 762 000
Total Current Assets	181 873 000	171 729 000	212 236 000	234 022 000
Total Assets	184 325 000	174 485 000	214 677 000	244 733 000
Total Equity	43 774 000	43 762 000	54 494 000	61 205 000
Short-Term Group Debt	21 412 000	40 684 000	40 499 000	37 941 000
Total Long-Term Debt	2 885 000	33 000	0	0
Creditors	68 641 000	42 646 000	62 906 000	109 578 000
Unpaid Taxes	7 622 000	7 408 000	8 943 000	3 379 000
Dividends	0	0	0	0
Other Current Debt	39 991 000	39 950 000	47 836 000	32 631 000
Total Current Debt	137 666 000	130 689 000	160 184 000	183 529 000
Total Equity and Debt	184 325 000	174 485 000	214 677 000	244 733 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,36 %	50,68 %	59,29 %	44,21 %
Debt-to-Equity Ratio	0,07	0	0	0
Operating Profit Margin	4,35 %	8,22 %	11,83 %	8,95 %
Current Ratio	1,32	1,31	1,32	1,28
Quick Ratio	1,32	1,31	1,32	1,28
Equity Ratio	0,24	0,25	0,25	0,25
Gross Profit Margin	28,83 %	41,93 %	47,18 %	41,13 %