AKTIESELSKAPET TH MARTHINSEN SØLVVAREFABRIKK

3117 TØNSBERG

Finances

Share Ownership

Return on Equity

−43,42 %

Current Ratio

1,8

Debt-to-Equity Ratio

1,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 633 000	35 043 000	30 575 000	36 838 000
Net Income	−2 960 000	−545 000	194 000	−236 000
Total Assets	27 082 000	27 336 000	21 948 000	24 861 000
Total Equity	6 817 000	9 777 000	8 035 000	7 327 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 633 000	35 043 000	30 575 000	36 838 000
Expenditure	36 546 000	35 031 000	30 224 000	37 091 000
Operating Profit	−1 979 000	367 000	842 000	−77 000
Financial Income	54 000	129 000	116 000	58 000
Financial Costs	1 035 000	714 000	909 000	469 000
Financial Balance	−981 000	−585 000	−793 000	−411 000
Earnings Before Tax	−2 960 000	−218 000	49 000	−488 000
Tax	0	327 000	−145 000	−253 000
Net Income	−2 960 000	−545 000	194 000	−236 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 970 000	5 572 000	180 000	467 000
Total Current Assets	20 113 000	21 764 000	21 768 000	24 393 000
Total Assets	27 082 000	27 336 000	21 948 000	24 861 000
Total Retained Equity	0	390 000	0	0
Total Equity	6 817 000	9 777 000	8 035 000	7 327 000
Total Long-Term Debt	9 100 000	8 228 000	6 311 000	6 686 000
Total Current Debt	11 165 000	9 331 000	7 602 000	10 847 000
Total Equity and Debt	27 082 000	27 336 000	21 948 000	24 861 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 981 000	31 575 000	29 695 000	36 806 000
Other Income	1 651 000	3 468 000	880 000	32 000
Revenue	33 633 000	35 043 000	30 575 000	36 838 000
Cost of Goods Sold	12 880 000	14 871 000	12 748 000	14 140 000
Salary Costs	14 586 000	12 773 000	10 861 000	13 825 000
Depreciation	195 000	179 000	287 000	518 000
Impairment	0	0	0	0
Expenditure	36 546 000	35 031 000	30 224 000	37 091 000
Operating Profit	−1 979 000	367 000	842 000	−77 000
Financial Income	54 000	129 000	116 000	58 000
Financial Costs	1 035 000	714 000	909 000	469 000
Financial Balance	−981 000	−585 000	−793 000	−411 000
Dividends	0	0	0	0
Net Income	−2 960 000	−545 000	194 000	−236 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	739 000	318 000	0	200 000
Real Eastate	4 483 000	4 586 000	0	0
Machinery and Plant Facilities	97 000	105 000	138 000	186 000
Fixtures	146 000	81 000	43 000	81 000
Total Tangible Assets	4 725 000	4 772 000	180 000	268 000
Total Fiancial Fixed Assets	1 505 000	482 000	0	0
Total Fixed Assets	6 970 000	5 572 000	180 000	467 000
Stock	13 310 000	13 791 000	14 379 000	12 867 000
Total Investments	0	0	0	0
Cash, Bank	754 000	1 776 000	1 425 000	5 293 000
Total Current Assets	20 113 000	21 764 000	21 768 000	24 393 000
Total Assets	27 082 000	27 336 000	21 948 000	24 861 000
Total Equity	6 817 000	9 777 000	8 035 000	7 327 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 100 000	8 228 000	6 311 000	6 686 000
Creditors	1 649 000	1 920 000	1 560 000	2 291 000
Unpaid Taxes	2 591 000	3 217 000	2 593 000	2 962 000
Dividends	0	0	0	0
Other Current Debt	1 847 000	1 336 000	1 228 000	1 776 000
Total Current Debt	11 165 000	9 331 000	7 602 000	10 847 000
Total Equity and Debt	27 082 000	27 336 000	21 948 000	24 861 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,42 %	−5,57 %	2,41 %	−3,22 %
Debt-to-Equity Ratio	1,33	0,84	0,79	0,91
Operating Profit Margin	−5,88 %	1,05 %	2,75 %	−0,21 %
Current Ratio	1,8	2,33	2,86	2,25
Quick Ratio	−9,38	−4,88	−3,21	−12,08
Equity Ratio	0,25	0,36	0,37	0,29
Gross Profit Margin	61,7 %	57,56 %	58,31 %	61,62 %