MARTIN SVEIS OG MEKANISKE AS

2133 GARDVIK

Finances

Share Ownership

Return on Equity

34,84 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 124 000	7 837 000	5 115 000	4 227 000
Net Income	369 000	252 000	28 000	54 000
Total Assets	2 312 000	1 810 000	1 170 000	1 175 000
Total Equity	1 059 000	690 000	438 000	410 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 124 000	7 837 000	5 115 000	4 227 000
Expenditure	9 757 000	7 702 000	5 051 000	4 229 000
Operating Profit	493 000	370 000	48 000	78 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	18 000	47 000	13 000	9 000
Financial Balance	−17 000	−46 000	−12 000	−8 000
Earnings Before Tax	476 000	323 000	36 000	70 000
Tax	107 000	71 000	8 000	15 000
Net Income	369 000	252 000	28 000	54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	466 000	341 000	296 000	103 000
Total Current Assets	1 846 000	1 468 000	874 000	1 072 000
Total Assets	2 312 000	1 810 000	1 170 000	1 175 000
Total Retained Equity	1 040 000	671 000	419 000	390 000
Total Equity	1 059 000	690 000	438 000	410 000
Total Long-Term Debt	0	3 000	3 000	1 000
Total Current Debt	1 253 000	1 116 000	728 000	764 000
Total Equity and Debt	2 312 000	1 810 000	1 170 000	1 175 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 824 000	7 834 000	5 004 000	4 227 000
Other Income	301 000	4 000	111 000	0
Revenue	10 124 000	7 837 000	5 115 000	4 227 000
Cost of Goods Sold	4 032 000	3 400 000	1 926 000	1 932 000
Salary Costs	2 962 000	2 364 000	2 080 000	1 326 000
Depreciation	122 000	82 000	59 000	29 000
Impairment	0	0	0	0
Expenditure	9 757 000	7 702 000	5 051 000	4 229 000
Operating Profit	493 000	370 000	48 000	78 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	18 000	47 000	13 000	9 000
Financial Balance	−17 000	−46 000	−12 000	−8 000
Dividends	0	0	0	0
Net Income	369 000	252 000	28 000	54 000

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	371 000	341 000	296 000	103 000
Total Tangible Assets	371 000	341 000	296 000	103 000
Total Fiancial Fixed Assets	95 000	0	0	0
Total Fixed Assets	466 000	341 000	296 000	103 000
Stock	498 000	373 000	139 000	154 000
Total Investments	0	0	0	0
Cash, Bank	234 000	442 000	139 000	338 000
Total Current Assets	1 846 000	1 468 000	874 000	1 072 000
Total Assets	2 312 000	1 810 000	1 170 000	1 175 000
Total Equity	1 059 000	690 000	438 000	410 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	3 000	1 000
Creditors	533 000	298 000	355 000	564 000
Unpaid Taxes	281 000	473 000	158 000	67 000
Dividends	0	0	0	0
Other Current Debt	329 000	274 000	154 000	103 000
Total Current Debt	1 253 000	1 116 000	728 000	764 000
Total Equity and Debt	2 312 000	1 810 000	1 170 000	1 175 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,84 %	36,52 %	6,39 %	13,17 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	4,87 %	4,72 %	0,94 %	1,85 %
Current Ratio	1,47	1,32	1,2	1,4
Quick Ratio	2,45	1,98	1,48	1,76
Equity Ratio	0,46	0,38	0,37	0,35
Gross Profit Margin	60,17 %	56,62 %	62,35 %	54,29 %