MODERNE HÅNDVERK AS

6423 MOLDE

Finances

Share Ownership

Return on Equity

10,68 %

Current Ratio

1,58

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 311 000	816 000	1 287 000	1 029 000
Net Income	25 000	−222 000	226 000	−145 000
Total Assets	669 000	449 000	704 000	616 000
Total Equity	234 000	209 000	431 000	204 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 311 000	816 000	1 287 000	1 029 000
Expenditure	1 270 000	1 125 000	986 000	1 205 000
Operating Profit	41 000	−309 000	300 000	−175 000
Financial Income	0	0	0	0
Financial Costs	9 000	8 000	10 000	10 000
Financial Balance	−9 000	−8 000	−10 000	−10 000
Earnings Before Tax	32 000	−318 000	290 000	−186 000
Tax	7 000	−96 000	64 000	−40 000
Net Income	25 000	−222 000	226 000	−145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	146 000	219 000	215 000	302 000
Total Current Assets	523 000	230 000	489 000	315 000
Total Assets	669 000	449 000	704 000	616 000
Total Retained Equity	210 000	184 000	406 000	180 000
Total Equity	234 000	209 000	431 000	204 000
Total Long-Term Debt	104 000	134 000	162 000	190 000
Total Current Debt	331 000	107 000	111 000	222 000
Total Equity and Debt	669 000	449 000	704 000	616 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 311 000	816 000	1 287 000	1 029 000
Other Income	0	0	0	0
Revenue	1 311 000	816 000	1 287 000	1 029 000
Cost of Goods Sold	44 000	44 000	78 000	13 000
Salary Costs	915 000	772 000	534 000	859 000
Depreciation	66 000	66 000	66 000	71 000
Impairment	0	0	0	0
Expenditure	1 270 000	1 125 000	986 000	1 205 000
Operating Profit	41 000	−309 000	300 000	−175 000
Financial Income	0	0	0	0
Financial Costs	9 000	8 000	10 000	10 000
Financial Balance	−9 000	−8 000	−10 000	−10 000
Dividends	0	0	0	0
Net Income	25 000	−222 000	226 000	−145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	63 000	70 000	1 000	38 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	83 000	149 000	215 000	263 000
Total Tangible Assets	83 000	149 000	215 000	263 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	146 000	219 000	215 000	302 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	391 000	130 000	340 000	185 000
Total Current Assets	523 000	230 000	489 000	315 000
Total Assets	669 000	449 000	704 000	616 000
Total Equity	234 000	209 000	431 000	204 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	104 000	134 000	162 000	190 000
Creditors	23 000	7 000	25 000	3 000
Unpaid Taxes	215 000	19 000	44 000	61 000
Dividends	0	0	0	0
Other Current Debt	94 000	81 000	17 000	158 000
Total Current Debt	331 000	107 000	111 000	222 000
Total Equity and Debt	669 000	449 000	704 000	616 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,68 %	−106,22 %	52,44 %	−71,08 %
Debt-to-Equity Ratio	0,44	0,64	0,38	0,93
Operating Profit Margin	3,13 %	−37,87 %	23,31 %	−17,01 %
Current Ratio	1,58	2,15	4,41	1,42
Quick Ratio	1,58	2,15	4,41	1,42
Equity Ratio	0,35	0,47	0,61	0,33
Gross Profit Margin	96,64 %	94,61 %	93,94 %	98,74 %