MODULSYSTEM AS

0975 OSLO

Finances

Share Ownership

Return on Equity

88,24 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 120 000	8 257 000	9 467 000	14 551 000
Net Income	75 000	119 000	−235 000	549 000
Total Assets	2 830 000	1 730 000	2 045 000	2 642 000
Total Equity	85 000	10 000	−109 000	126 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 120 000	8 257 000	9 467 000	14 551 000
Expenditure	8 986 000	8 162 000	9 656 000	13 962 000
Operating Profit	134 000	96 000	−188 000	589 000
Financial Income	0	0	8 000	5 000
Financial Costs	33 000	36 000	21 000	31 000
Financial Balance	−33 000	−36 000	−13 000	−26 000
Earnings Before Tax	100 000	60 000	−201 000	563 000
Tax	26 000	−59 000	34 000	14 000
Net Income	75 000	119 000	−235 000	549 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	148 000	248 000	754 000	1 023 000
Total Current Assets	2 682 000	1 481 000	1 291 000	1 619 000
Total Assets	2 830 000	1 730 000	2 045 000	2 642 000
Total Retained Equity	55 000	−20 000	−139 000	96 000
Total Equity	85 000	10 000	−109 000	126 000
Total Long-Term Debt	0	90 000	221 000	351 000
Total Current Debt	2 745 000	1 629 000	1 932 000	2 165 000
Total Equity and Debt	2 830 000	1 730 000	2 045 000	2 642 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 055 000	8 199 000	9 436 000	14 413 000
Other Income	65 000	58 000	31 000	138 000
Revenue	9 120 000	8 257 000	9 467 000	14 551 000
Cost of Goods Sold	313 000	692 000	231 000	637 000
Salary Costs	7 366 000	5 744 000	7 714 000	11 113 000
Depreciation	84 000	184 000	191 000	234 000
Impairment	0	0	0	0
Expenditure	8 986 000	8 162 000	9 656 000	13 962 000
Operating Profit	134 000	96 000	−188 000	589 000
Financial Income	0	0	8 000	5 000
Financial Costs	33 000	36 000	21 000	31 000
Financial Balance	−33 000	−36 000	−13 000	−26 000
Dividends	0	0	0	0
Net Income	75 000	119 000	−235 000	549 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	59 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	63 000	147 000	271 000	412 000
Total Tangible Assets	63 000	147 000	271 000	412 000
Total Fiancial Fixed Assets	47 000	42 000	483 000	611 000
Total Fixed Assets	148 000	248 000	754 000	1 023 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	80 000	716 000	798 000	449 000
Total Current Assets	2 682 000	1 481 000	1 291 000	1 619 000
Total Assets	2 830 000	1 730 000	2 045 000	2 642 000
Total Equity	85 000	10 000	−109 000	126 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	90 000	221 000	351 000
Creditors	54 000	61 000	135 000	11 000
Unpaid Taxes	1 112 000	791 000	1 088 000	1 168 000
Dividends	0	0	0	0
Other Current Debt	1 487 000	777 000	670 000	978 000
Total Current Debt	2 745 000	1 629 000	1 932 000	2 165 000
Total Equity and Debt	2 830 000	1 730 000	2 045 000	2 642 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,24 %	1 190 %	215,6 %	435,71 %
Debt-to-Equity Ratio	0	9	−2,03	2,79
Operating Profit Margin	1,47 %	1,16 %	−1,99 %	4,05 %
Current Ratio	0,98	0,91	0,67	0,75
Quick Ratio	0,98	0,91	0,67	0,75
Equity Ratio	0,03	0,01	−0,05	0,05
Gross Profit Margin	96,57 %	91,62 %	97,56 %	95,62 %