MATHISEN VVS AS

6422 MOLDE

Finances

Return on Equity

17,5 %

Current Ratio

2,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 569 000	8 353 000	8 279 000	7 103 000
Net Income	426 000	97 000	172 000	369 000
Total Assets	3 769 000	3 512 000	3 480 000	3 192 000
Total Equity	2 434 000	2 008 000	1 911 000	1 739 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 569 000	8 353 000	8 279 000	7 103 000
Expenditure	8 081 000	8 245 000	8 088 000	6 661 000
Operating Profit	487 000	107 000	193 000	442 000
Financial Income	54 000	27 000	37 000	31 000
Financial Costs	6 000	17 000	15 000	6 000
Financial Balance	48 000	10 000	22 000	25 000
Earnings Before Tax	535 000	117 000	214 000	467 000
Tax	109 000	20 000	42 000	98 000
Net Income	426 000	97 000	172 000	369 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	529 000	532 000	663 000	590 000
Total Current Assets	3 239 000	2 980 000	2 817 000	2 602 000
Total Assets	3 769 000	3 512 000	3 480 000	3 192 000
Total Retained Equity	2 334 000	1 908 000	1 811 000	1 639 000
Total Equity	2 434 000	2 008 000	1 911 000	1 739 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 335 000	1 504 000	1 569 000	1 453 000
Total Equity and Debt	3 769 000	3 512 000	3 480 000	3 192 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 464 000	8 348 000	8 279 000	7 103 000
Other Income	105 000	5 000	0	0
Revenue	8 569 000	8 353 000	8 279 000	7 103 000
Cost of Goods Sold	3 454 000	3 497 000	3 771 000	2 527 000
Salary Costs	2 944 000	3 133 000	3 074 000	2 819 000
Depreciation	101 000	97 000	94 000	80 000
Impairment	0	0	0	0
Expenditure	8 081 000	8 245 000	8 088 000	6 661 000
Operating Profit	487 000	107 000	193 000	442 000
Financial Income	54 000	27 000	37 000	31 000
Financial Costs	6 000	17 000	15 000	6 000
Financial Balance	48 000	10 000	22 000	25 000
Dividends	0	0	0	0
Net Income	426 000	97 000	172 000	369 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	24 000	17 000	10 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	116 000	75 000	121 000	140 000
Fixtures	174 000	213 000	201 000	219 000
Total Tangible Assets	290 000	288 000	322 000	360 000
Total Fiancial Fixed Assets	220 000	220 000	324 000	220 000
Total Fixed Assets	529 000	532 000	663 000	590 000
Stock	793 000	744 000	469 000	473 000
Total Investments	0	0	0	0
Cash, Bank	1 483 000	730 000	939 000	1 317 000
Total Current Assets	3 239 000	2 980 000	2 817 000	2 602 000
Total Assets	3 769 000	3 512 000	3 480 000	3 192 000
Total Equity	2 434 000	2 008 000	1 911 000	1 739 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	489 000	633 000	505 000	367 000
Unpaid Taxes	288 000	426 000	501 000	477 000
Dividends	0	0	0	0
Other Current Debt	453 000	418 000	515 000	506 000
Total Current Debt	1 335 000	1 504 000	1 569 000	1 453 000
Total Equity and Debt	3 769 000	3 512 000	3 480 000	3 192 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,5 %	4,83 %	9 %	21,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,68 %	1,28 %	2,33 %	6,22 %
Current Ratio	2,43	1,98	1,8	1,79
Quick Ratio	5,98	3,92	2,56	2,66
Equity Ratio	0,65	0,57	0,55	0,54
Gross Profit Margin	59,69 %	58,13 %	54,45 %	64,42 %