MURSTAD ENTREPRENØRSERVICE AS

3678 NOTODDEN

Finances

Share Ownership

Return on Equity

13,19 %

Current Ratio

3,15

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 294 000	23 070 000	19 825 000	19 609 000
Net Income	1 122 000	1 063 000	1 223 000	1 266 000
Total Assets	12 163 000	14 726 000	11 971 000	10 802 000
Total Equity	8 509 000	7 387 000	8 324 000	7 101 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 294 000	23 070 000	19 825 000	19 609 000
Expenditure	29 848 000	21 693 000	18 260 000	17 963 000
Operating Profit	1 447 000	1 379 000	1 566 000	1 646 000
Financial Income	1 000	0	3 000	−1 000
Financial Costs	10 000	16 000	1 000	12 000
Financial Balance	−9 000	−16 000	2 000	−13 000
Earnings Before Tax	1 438 000	1 363 000	1 568 000	1 632 000
Tax	316 000	300 000	345 000	366 000
Net Income	1 122 000	1 063 000	1 223 000	1 266 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 036 000	1 147 000	1 509 000	1 423 000
Total Current Assets	11 126 000	13 579 000	10 462 000	9 379 000
Total Assets	12 163 000	14 726 000	11 971 000	10 802 000
Total Retained Equity	7 093 000	5 971 000	6 908 000	5 684 000
Total Equity	8 509 000	7 387 000	8 324 000	7 101 000
Total Long-Term Debt	123 000	203 000	0	−3 000
Total Current Debt	3 531 000	7 136 000	3 647 000	3 704 000
Total Equity and Debt	12 163 000	14 726 000	11 971 000	10 802 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 141 000	21 877 000	19 785 000	20 355 000
Other Income	153 000	1 194 000	40 000	−746 000
Revenue	31 294 000	23 070 000	19 825 000	19 609 000
Cost of Goods Sold	16 401 000	11 270 000	11 021 000	8 725 000
Salary Costs	4 470 000	3 606 000	2 889 000	3 847 000
Depreciation	393 000	334 000	388 000	270 000
Impairment	0	0	0	0
Expenditure	29 848 000	21 693 000	18 260 000	17 963 000
Operating Profit	1 447 000	1 379 000	1 566 000	1 646 000
Financial Income	1 000	0	3 000	−1 000
Financial Costs	10 000	16 000	1 000	12 000
Financial Balance	−9 000	−16 000	2 000	−13 000
Dividends	0	2 000 000	0	0
Net Income	1 122 000	1 063 000	1 223 000	1 266 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	24 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	305 000	436 000	268 000	352 000
Fixtures	624 000	519 000	687 000	570 000
Total Tangible Assets	929 000	955 000	955 000	922 000
Total Fiancial Fixed Assets	107 000	192 000	530 000	501 000
Total Fixed Assets	1 036 000	1 147 000	1 509 000	1 423 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 194 000	5 907 000	5 287 000	4 344 000
Total Current Assets	11 126 000	13 579 000	10 462 000	9 379 000
Total Assets	12 163 000	14 726 000	11 971 000	10 802 000
Total Equity	8 509 000	7 387 000	8 324 000	7 101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	123 000	203 000	0	−3 000
Creditors	1 370 000	2 323 000	1 927 000	770 000
Unpaid Taxes	997 000	2 025 000	857 000	1 377 000
Dividends	0	2 000 000	0	0
Other Current Debt	766 000	716 000	491 000	1 183 000
Total Current Debt	3 531 000	7 136 000	3 647 000	3 704 000
Total Equity and Debt	12 163 000	14 726 000	11 971 000	10 802 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,19 %	14,39 %	14,69 %	17,83 %
Debt-to-Equity Ratio	0,01	0,03	0	−0
Operating Profit Margin	4,62 %	5,98 %	7,9 %	8,39 %
Current Ratio	3,15	1,9	2,87	2,53
Quick Ratio	3,15	1,9	2,87	2,53
Equity Ratio	0,7	0,5	0,7	0,66
Gross Profit Margin	47,59 %	51,15 %	44,41 %	55,51 %