MODUS KVADRATEN AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

13,94 %

Current Ratio

15,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	551 000	469 000	401 000	564 000
Net Income	86 000	0	−112 000	32 000
Total Assets	654 000	547 000	571 000	769 000
Total Equity	617 000	531 000	532 000	690 000

Income (NOK)	2022	2021	2020	2019
Revenue	551 000	469 000	401 000	564 000
Expenditure	438 000	463 000	539 000	526 000
Operating Profit	113 000	6 000	−138 000	37 000
Financial Income	4 000	3 000	3 000	4 000
Financial Costs	0	0	0	0
Financial Balance	4 000	3 000	3 000	4 000
Earnings Before Tax	117 000	9 000	−135 000	40 000
Tax	31 000	10 000	−23 000	9 000
Net Income	86 000	0	−112 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	75 000	85 000	128 000	177 000
Total Current Assets	578 000	463 000	443 000	592 000
Total Assets	654 000	547 000	571 000	769 000
Total Retained Equity	587 000	501 000	502 000	670 000
Total Equity	617 000	531 000	532 000	690 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	37 000	16 000	39 000	79 000
Total Equity and Debt	654 000	547 000	571 000	769 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	551 000	469 000	401 000	564 000
Other Income	0	0	0	0
Revenue	551 000	469 000	401 000	564 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	44 000	43 000	49 000	43 000
Impairment	0	0	0	0
Expenditure	438 000	463 000	539 000	526 000
Operating Profit	113 000	6 000	−138 000	37 000
Financial Income	4 000	3 000	3 000	4 000
Financial Costs	0	0	0	0
Financial Balance	4 000	3 000	3 000	4 000
Dividends	0	0	0	0
Net Income	86 000	0	−112 000	32 000

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	75 000	85 000	128 000	177 000
Total Tangible Assets	75 000	85 000	128 000	177 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	75 000	85 000	128 000	177 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	440 000	316 000	271 000	362 000
Total Current Assets	578 000	463 000	443 000	592 000
Total Assets	654 000	547 000	571 000	769 000
Total Equity	617 000	531 000	532 000	690 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	2 000	3 000	36 000	70 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	4 000	3 000	0
Total Current Debt	37 000	16 000	39 000	79 000
Total Equity and Debt	654 000	547 000	571 000	769 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,94 %	0 %	−21,05 %	4,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,51 %	1,28 %	−34,41 %	6,56 %
Current Ratio	15,62	28,94	11,36	7,49
Quick Ratio	15,62	28,94	11,36	7,49
Equity Ratio	0,94	0,97	0,93	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %