MARTIN ANDERSEN HOLDING AS

1396 BILLINGSTAD

Finances

Return on Equity

23,33 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 139 000	29 488 000	25 206 000	29 620 000
Net Income	443 000	1 263 000	847 000	1 492 000
Total Assets	7 290 000	5 478 000	5 373 000	4 802 000
Total Equity	1 899 000	1 956 000	2 193 000	2 546 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 139 000	29 488 000	25 206 000	29 620 000
Expenditure	27 484 000	27 825 000	24 144 000	27 671 000
Operating Profit	656 000	1 663 000	1 062 000	1 949 000
Financial Income	0	1 000	4 000	4 000
Financial Costs	52 000	17 000	3 000	1 000
Financial Balance	−52 000	−16 000	1 000	3 000
Earnings Before Tax	604 000	1 647 000	1 063 000	1 952 000
Tax	160 000	384 000	216 000	460 000
Net Income	443 000	1 263 000	847 000	1 492 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	92 000	73 000	174 000	67 000
Total Current Assets	7 199 000	5 405 000	5 200 000	4 735 000
Total Assets	7 290 000	5 478 000	5 373 000	4 802 000
Total Retained Equity	1 849 000	1 906 000	2 143 000	2 496 000
Total Equity	1 899 000	1 956 000	2 193 000	2 546 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	5 391 000	3 522 000	3 181 000	2 256 000
Total Equity and Debt	7 290 000	5 478 000	5 373 000	4 802 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 965 000	29 457 000	25 206 000	29 518 000
Other Income	174 000	31 000	0	102 000
Revenue	28 139 000	29 488 000	25 206 000	29 620 000
Cost of Goods Sold	25 567 000	25 779 000	22 204 000	26 001 000
Salary Costs	1 380 000	1 374 000	1 071 000	1 059 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	27 484 000	27 825 000	24 144 000	27 671 000
Operating Profit	656 000	1 663 000	1 062 000	1 949 000
Financial Income	0	1 000	4 000	4 000
Financial Costs	52 000	17 000	3 000	1 000
Financial Balance	−52 000	−16 000	1 000	3 000
Dividends	500 000	0	1 200 000	800 000
Net Income	443 000	1 263 000	847 000	1 492 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	31 000	108 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	0	0	0
Total Tangible Assets	50 000	0	0	0
Total Fiancial Fixed Assets	42 000	42 000	66 000	67 000
Total Fixed Assets	92 000	73 000	174 000	67 000
Stock	5 148 000	2 522 000	2 635 000	1 939 000
Total Investments	0	0	0	0
Cash, Bank	826 000	2 772 000	2 246 000	2 486 000
Total Current Assets	7 199 000	5 405 000	5 200 000	4 735 000
Total Assets	7 290 000	5 478 000	5 373 000	4 802 000
Total Equity	1 899 000	1 956 000	2 193 000	2 546 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	742 000	96 000	69 000	0
Unpaid Taxes	82 000	73 000	66 000	61 000
Dividends	500 000	0	1 200 000	800 000
Other Current Debt	2 205 000	3 045 000	1 522 000	936 000
Total Current Debt	5 391 000	3 522 000	3 181 000	2 256 000
Total Equity and Debt	7 290 000	5 478 000	5 373 000	4 802 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,33 %	64,57 %	38,62 %	58,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,33 %	5,64 %	4,21 %	6,58 %
Current Ratio	1,34	1,53	1,63	2,1
Quick Ratio	29,63	5,41	9,52	14,94
Equity Ratio	0,26	0,36	0,41	0,53
Gross Profit Margin	9,14 %	12,58 %	11,91 %	12,22 %