MADO AS

4820 FROLAND

Finances

Share Ownership

Return on Equity

83,88 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 616 000	4 606 000	87 000	19 000
Net Income	1 884 000	544 000	−26 000	12 000
Total Assets	5 301 000	1 338 000	182 000	159 000
Total Equity	2 246 000	363 000	−182 000	−156 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 616 000	4 606 000	87 000	19 000
Expenditure	11 085 000	3 954 000	113 000	8 000
Operating Profit	2 530 000	652 000	−26 000	11 000
Financial Income	29 000	10 000	0	1 000
Financial Costs	140 000	24 000	0	0
Financial Balance	−111 000	−14 000	0	1 000
Earnings Before Tax	2 420 000	638 000	−26 000	12 000
Tax	537 000	94 000	0	0
Net Income	1 884 000	544 000	−26 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 000	0	0	0
Total Current Assets	5 283 000	1 338 000	182 000	159 000
Total Assets	5 301 000	1 338 000	182 000	159 000
Total Retained Equity	2 216 000	335 000	−209 000	−183 000
Total Equity	2 246 000	363 000	−182 000	−156 000
Total Long-Term Debt	1 000	365 000	165 000	135 000
Total Current Debt	3 054 000	610 000	199 000	180 000
Total Equity and Debt	5 301 000	1 338 000	182 000	159 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 616 000	4 606 000	87 000	19 000
Other Income	0	0	0	0
Revenue	13 616 000	4 606 000	87 000	19 000
Cost of Goods Sold	2 272 000	884 000	28 000	12 000
Salary Costs	611 000	150 000	0	0
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	11 085 000	3 954 000	113 000	8 000
Operating Profit	2 530 000	652 000	−26 000	11 000
Financial Income	29 000	10 000	0	1 000
Financial Costs	140 000	24 000	0	0
Financial Balance	−111 000	−14 000	0	1 000
Dividends	0	0	0	0
Net Income	1 884 000	544 000	−26 000	12 000

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	15 000	0	0	0
Total Tangible Assets	15 000	0	0	0
Total Fiancial Fixed Assets	2 000	0	0	0
Total Fixed Assets	17 000	0	0	0
Stock	467 000	190 000	0	0
Total Investments	321 000	0	0	0
Cash, Bank	4 481 000	896 000	49 000	25 000
Total Current Assets	5 283 000	1 338 000	182 000	159 000
Total Assets	5 301 000	1 338 000	182 000	159 000
Total Equity	2 246 000	363 000	−182 000	−156 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	365 000	165 000	135 000
Creditors	1 269 000	255 000	156 000	157 000
Unpaid Taxes	1 052 000	223 000	20 000	0
Dividends	0	0	0	0
Other Current Debt	198 000	38 000	23 000	22 000
Total Current Debt	3 054 000	610 000	199 000	180 000
Total Equity and Debt	5 301 000	1 338 000	182 000	159 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,88 %	149,86 %	14,29 %	−7,69 %
Debt-to-Equity Ratio	0	1,01	−0,91	−0,87
Operating Profit Margin	18,58 %	14,16 %	−29,89 %	57,89 %
Current Ratio	1,73	2,19	0,91	0,88
Quick Ratio	2,04	3,19	0,91	0,88
Equity Ratio	0,42	0,27	−1	−0,98
Gross Profit Margin	83,31 %	80,81 %	67,82 %	36,84 %