MADSEN TRANSPORT & MASKIN AS

6019 ÅLESUND

Finances

Share Ownership

Return on Equity

548,72 %

Current Ratio

1,5

Debt-to-Equity Ratio

3,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 064 000	1 660 000	989 000	1 125 000
Net Income	214 000	71 000	−152 000	10 000
Total Assets	375 000	310 000	100 000	422 000
Total Equity	39 000	−175 000	−246 000	−93 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 064 000	1 660 000	989 000	1 125 000
Expenditure	1 840 000	1 585 000	1 137 000	1 111 000
Operating Profit	224 000	76 000	−148 000	13 000
Financial Income	0	0	0	0
Financial Costs	7 000	5 000	5 000	3 000
Financial Balance	−7 000	−5 000	−5 000	−3 000
Earnings Before Tax	217 000	71 000	−152 000	10 000
Tax	3 000	0	0	0
Net Income	214 000	71 000	−152 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	89 000	8 000	33 000	58 000
Total Current Assets	286 000	302 000	67 000	364 000
Total Assets	375 000	310 000	100 000	422 000
Total Retained Equity	9 000	−205 000	−276 000	−123 000
Total Equity	39 000	−175 000	−246 000	−93 000
Total Long-Term Debt	145 000	185 000	185 000	185 000
Total Current Debt	191 000	300 000	160 000	330 000
Total Equity and Debt	375 000	310 000	100 000	422 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 834 000	1 660 000	989 000	1 125 000
Other Income	230 000	0	0	0
Revenue	2 064 000	1 660 000	989 000	1 125 000
Cost of Goods Sold	510 000	315 000	245 000	203 000
Salary Costs	393 000	392 000	390 000	391 000
Depreciation	15 000	25 000	25 000	23 000
Impairment	0	0	0	0
Expenditure	1 840 000	1 585 000	1 137 000	1 111 000
Operating Profit	224 000	76 000	−148 000	13 000
Financial Income	0	0	0	0
Financial Costs	7 000	5 000	5 000	3 000
Financial Balance	−7 000	−5 000	−5 000	−3 000
Dividends	0	0	0	0
Net Income	214 000	71 000	−152 000	10 000

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	34 000	8 000	33 000	58 000
Fixtures	55 000	0	0	0
Total Tangible Assets	89 000	8 000	33 000	58 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	89 000	8 000	33 000	58 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	124 000	177 000	40 000	204 000
Total Current Assets	286 000	302 000	67 000	364 000
Total Assets	375 000	310 000	100 000	422 000
Total Equity	39 000	−175 000	−246 000	−93 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	145 000	185 000	185 000	185 000
Creditors	56 000	179 000	28 000	122 000
Unpaid Taxes	52 000	28 000	51 000	57 000
Dividends	0	0	0	0
Other Current Debt	80 000	93 000	82 000	151 000
Total Current Debt	191 000	300 000	160 000	330 000
Total Equity and Debt	375 000	310 000	100 000	422 000

Financial indicators	2022	2021	2020	2019
Return on Equity	548,72 %	−40,57 %	61,79 %	−10,75 %
Debt-to-Equity Ratio	3,72	−1,06	−0,75	−1,99
Operating Profit Margin	10,85 %	4,58 %	−14,96 %	1,16 %
Current Ratio	1,5	1,01	0,42	1,1
Quick Ratio	1,5	1,01	0,42	1,1
Equity Ratio	0,1	−0,56	−2,46	−0,22
Gross Profit Margin	75,29 %	81,02 %	75,23 %	81,96 %