MAREN HØGSNES AS

7650 VERDAL

Finances

Share Ownership

Return on Equity

21,07 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	64 888 000	67 674 000	69 287 000	58 182 000
Net Income	304 000	611 000	840 000	216 000
Total Assets	6 181 000	6 836 000	7 507 000	5 788 000
Total Equity	1 443 000	1 139 000	1 128 000	868 000

Income (NOK)	2022	2021	2020	2019
Revenue	64 888 000	67 674 000	69 287 000	58 182 000
Expenditure	64 524 000	66 893 000	68 217 000	57 924 000
Operating Profit	364 000	781 000	1 070 000	257 000
Financial Income	27 000	2 000	7 000	22 000
Financial Costs	0	0	1 000	1 000
Financial Balance	27 000	2 000	6 000	21 000
Earnings Before Tax	390 000	783 000	1 077 000	278 000
Tax	86 000	172 000	237 000	62 000
Net Income	304 000	611 000	840 000	216 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	260 000	151 000	53 000	60 000
Total Current Assets	5 921 000	6 685 000	7 454 000	5 728 000
Total Assets	6 181 000	6 836 000	7 507 000	5 788 000
Total Retained Equity	943 000	639 000	628 000	368 000
Total Equity	1 443 000	1 139 000	1 128 000	868 000
Total Long-Term Debt	4 000	0	0	0
Total Current Debt	4 734 000	5 698 000	6 379 000	4 920 000
Total Equity and Debt	6 181 000	6 836 000	7 507 000	5 788 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	63 599 000	66 689 000	68 324 000	57 021 000
Other Income	1 289 000	985 000	963 000	1 161 000
Revenue	64 888 000	67 674 000	69 287 000	58 182 000
Cost of Goods Sold	53 848 000	56 714 000	57 921 000	48 659 000
Salary Costs	3 777 000	3 470 000	3 485 000	3 249 000
Depreciation	31 000	13 000	11 000	34 000
Impairment	0	0	0	0
Expenditure	64 524 000	66 893 000	68 217 000	57 924 000
Operating Profit	364 000	781 000	1 070 000	257 000
Financial Income	27 000	2 000	7 000	22 000
Financial Costs	0	0	1 000	1 000
Financial Balance	27 000	2 000	6 000	21 000
Dividends	0	600 000	580 000	317 000
Net Income	304 000	611 000	840 000	216 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	13 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	260 000	150 000	40 000	51 000
Total Tangible Assets	260 000	150 000	40 000	51 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	260 000	151 000	53 000	60 000
Stock	3 725 000	2 998 000	3 633 000	3 096 000
Total Investments	0	0	0	0
Cash, Bank	1 648 000	2 958 000	2 842 000	2 025 000
Total Current Assets	5 921 000	6 685 000	7 454 000	5 728 000
Total Assets	6 181 000	6 836 000	7 507 000	5 788 000
Total Equity	1 443 000	1 139 000	1 128 000	868 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	0	0	0
Creditors	3 531 000	3 577 000	4 277 000	3 397 000
Unpaid Taxes	195 000	417 000	375 000	367 000
Dividends	0	600 000	580 000	317 000
Other Current Debt	926 000	944 000	905 000	776 000
Total Current Debt	4 734 000	5 698 000	6 379 000	4 920 000
Total Equity and Debt	6 181 000	6 836 000	7 507 000	5 788 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,07 %	53,64 %	74,47 %	24,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,56 %	1,15 %	1,54 %	0,44 %
Current Ratio	1,25	1,17	1,17	1,16
Quick Ratio	5,87	2,48	2,71	3,14
Equity Ratio	0,23	0,17	0,15	0,15
Gross Profit Margin	17,01 %	16,2 %	16,4 %	16,37 %