MODUL-SYSTEM AS

3013 DRAMMEN

Finances

Share Ownership

Return on Equity

8,85 %

Current Ratio

1,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 604 000	81 841 000	70 083 000	96 652 000
Net Income	891 000	2 626 000	680 000	2 103 000
Total Assets	21 528 000	29 159 000	33 700 000	29 430 000
Total Equity	10 063 000	9 172 000	6 547 000	5 867 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 604 000	81 841 000	70 083 000	96 652 000
Expenditure	74 194 000	81 154 000	68 135 000	91 915 000
Operating Profit	−589 000	688 000	1 948 000	4 737 000
Financial Income	2 030 000	2 723 000	21 000	13 000
Financial Costs	88 000	146 000	917 000	1 652 000
Financial Balance	1 942 000	2 577 000	−896 000	−1 639 000
Earnings Before Tax	1 353 000	3 266 000	1 052 000	3 099 000
Tax	462 000	640 000	372 000	996 000
Net Income	891 000	2 626 000	680 000	2 103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 535 000	4 537 000	5 425 000	7 706 000
Total Current Assets	18 992 000	24 622 000	28 275 000	21 724 000
Total Assets	21 528 000	29 159 000	33 700 000	29 430 000
Total Retained Equity	9 963 000	9 072 000	6 447 000	5 767 000
Total Equity	10 063 000	9 172 000	6 547 000	5 867 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 464 000	19 987 000	27 153 000	23 564 000
Total Equity and Debt	21 528 000	29 159 000	33 700 000	29 430 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 555 000	81 606 000	69 846 000	96 490 000
Other Income	49 000	236 000	237 000	162 000
Revenue	73 604 000	81 841 000	70 083 000	96 652 000
Cost of Goods Sold	49 249 000	60 345 000	42 168 000	57 816 000
Salary Costs	14 140 000	11 550 000	12 089 000	18 014 000
Depreciation	1 956 000	2 070 000	2 519 000	2 774 000
Impairment	0	0	0	0
Expenditure	74 194 000	81 154 000	68 135 000	91 915 000
Operating Profit	−589 000	688 000	1 948 000	4 737 000
Financial Income	2 030 000	2 723 000	21 000	13 000
Financial Costs	88 000	146 000	917 000	1 652 000
Financial Balance	1 942 000	2 577 000	−896 000	−1 639 000
Dividends	0	0	0	0
Net Income	891 000	2 626 000	680 000	2 103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	450 000	1 530 000	2 610 000	3 690 000
Total Intangible Assets	450 000	1 530 000	2 610 000	3 750 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	65 000	0	79 000	166 000
Fixtures	1 668 000	1 994 000	1 723 000	2 778 000
Total Tangible Assets	1 733 000	1 994 000	1 802 000	2 944 000
Total Fiancial Fixed Assets	353 000	1 013 000	1 013 000	1 013 000
Total Fixed Assets	2 535 000	4 537 000	5 425 000	7 706 000
Stock	7 530 000	11 567 000	12 696 000	4 988 000
Total Investments	0	0	0	0
Cash, Bank	878 000	869 000	845 000	839 000
Total Current Assets	18 992 000	24 622 000	28 275 000	21 724 000
Total Assets	21 528 000	29 159 000	33 700 000	29 430 000
Total Equity	10 063 000	9 172 000	6 547 000	5 867 000
Short-Term Group Debt	699 000	2 626 000	5 669 000	1 439 000
Total Long-Term Debt	0	0	0	0
Creditors	2 221 000	1 079 000	2 622 000	1 471 000
Unpaid Taxes	2 698 000	3 042 000	2 723 000	3 280 000
Dividends	0	0	0	0
Other Current Debt	2 919 000	3 551 000	3 114 000	2 086 000
Total Current Debt	11 464 000	19 987 000	27 153 000	23 564 000
Total Equity and Debt	21 528 000	29 159 000	33 700 000	29 430 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,85 %	28,63 %	10,39 %	35,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,8 %	0,84 %	2,78 %	4,9 %
Current Ratio	1,66	1,23	1,04	0,92
Quick Ratio	4,83	2,92	1,96	1,17
Equity Ratio	0,47	0,31	0,19	0,2
Gross Profit Margin	33,09 %	26,27 %	39,83 %	40,18 %