MULTISTEEL AS

3942 PORSGRUNN

Finances

Share Ownership

Return on Equity

78,54 %

Current Ratio

1,39

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 222 000	37 055 000	6 153 000	4 359 000
Net Income	3 371 000	590 000	195 000	152 000
Total Assets	15 318 000	7 134 000	1 524 000	1 052 000
Total Equity	4 292 000	921 000	823 000	628 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 222 000	37 055 000	6 153 000	4 359 000
Expenditure	72 420 000	36 136 000	5 934 000	4 167 000
Operating Profit	4 802 000	920 000	219 000	192 000
Financial Income	301 000	140 000	50 000	15 000
Financial Costs	778 000	301 000	19 000	12 000
Financial Balance	−477 000	−161 000	31 000	3 000
Earnings Before Tax	4 325 000	760 000	250 000	195 000
Tax	954 000	170 000	55 000	43 000
Net Income	3 371 000	590 000	195 000	152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	178 000	231 000	6 000
Total Current Assets	15 318 000	6 957 000	1 293 000	1 047 000
Total Assets	15 318 000	7 134 000	1 524 000	1 052 000
Total Retained Equity	3 962 000	591 000	493 000	298 000
Total Equity	4 292 000	921 000	823 000	628 000
Total Long-Term Debt	0	2 000	5 000	1 000
Total Current Debt	11 026 000	6 211 000	696 000	423 000
Total Equity and Debt	15 318 000	7 134 000	1 524 000	1 052 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	77 222 000	37 055 000	6 153 000	4 359 000
Other Income	0	0	0	0
Revenue	77 222 000	37 055 000	6 153 000	4 359 000
Cost of Goods Sold	70 012 000	33 864 000	5 681 000	3 918 000
Salary Costs	1 552 000	1 810 000	5 000	5 000
Depreciation	0	54 000	34 000	4 000
Impairment	0	0	0	0
Expenditure	72 420 000	36 136 000	5 934 000	4 167 000
Operating Profit	4 802 000	920 000	219 000	192 000
Financial Income	301 000	140 000	50 000	15 000
Financial Costs	778 000	301 000	19 000	12 000
Financial Balance	−477 000	−161 000	31 000	3 000
Dividends	0	492 000	0	0
Net Income	3 371 000	590 000	195 000	152 000

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	0	0	0	0
Fixtures	0	178 000	231 000	6 000
Total Tangible Assets	0	178 000	231 000	6 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	178 000	231 000	6 000
Stock	435 000	191 000	0	0
Total Investments	0	0	0	0
Cash, Bank	5 103 000	3 634 000	644 000	733 000
Total Current Assets	15 318 000	6 957 000	1 293 000	1 047 000
Total Assets	15 318 000	7 134 000	1 524 000	1 052 000
Total Equity	4 292 000	921 000	823 000	628 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	5 000	1 000
Creditors	6 653 000	2 910 000	230 000	162 000
Unpaid Taxes	3 058 000	3 018 000	414 000	214 000
Dividends	0	492 000	0	0
Other Current Debt	358 000	111 000	0	3 000
Total Current Debt	11 026 000	6 211 000	696 000	423 000
Total Equity and Debt	15 318 000	7 134 000	1 524 000	1 052 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,54 %	64,06 %	23,69 %	24,2 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	6,22 %	2,48 %	3,56 %	4,4 %
Current Ratio	1,39	1,12	1,86	2,48
Quick Ratio	1,45	1,16	1,86	2,48
Equity Ratio	0,28	0,13	0,54	0,6
Gross Profit Margin	9,34 %	8,61 %	7,67 %	10,12 %