MADLA OPTIKK AS

4043 HAFRSFJORD

Finances

Return on Equity

−43,86 %

Current Ratio

1,09

Debt-to-Equity Ratio

1,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 109 000	4 524 000	4 188 000	3 802 000
Net Income	−250 000	−370 000	134 000	−253 000
Total Assets	2 220 000	2 349 000	2 573 000	2 591 000
Total Equity	570 000	820 000	1 189 000	1 055 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 109 000	4 524 000	4 188 000	3 802 000
Expenditure	4 424 000	5 001 000	3 998 000	4 103 000
Operating Profit	−314 000	−478 000	189 000	−302 000
Financial Income	21 000	15 000	11 000	12 000
Financial Costs	26 000	11 000	28 000	33 000
Financial Balance	−5 000	4 000	−17 000	−21 000
Earnings Before Tax	−320 000	−474 000	172 000	−324 000
Tax	−70 000	−104 000	38 000	−71 000
Net Income	−250 000	−370 000	134 000	−253 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 390 000	1 441 000	1 484 000	1 677 000
Total Current Assets	830 000	908 000	1 089 000	914 000
Total Assets	2 220 000	2 349 000	2 573 000	2 591 000
Total Retained Equity	−1 519 000	−1 270 000	−900 000	−1 034 000
Total Equity	570 000	820 000	1 189 000	1 055 000
Total Long-Term Debt	893 000	878 000	873 000	865 000
Total Current Debt	758 000	652 000	510 000	671 000
Total Equity and Debt	2 220 000	2 349 000	2 573 000	2 591 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 109 000	4 523 000	4 082 000	3 798 000
Other Income	0	1 000	105 000	4 000
Revenue	4 109 000	4 524 000	4 188 000	3 802 000
Cost of Goods Sold	945 000	1 087 000	1 038 000	1 018 000
Salary Costs	2 478 000	2 546 000	1 779 000	1 839 000
Depreciation	173 000	188 000	183 000	180 000
Impairment	0	0	0	0
Expenditure	4 424 000	5 001 000	3 998 000	4 103 000
Operating Profit	−314 000	−478 000	189 000	−302 000
Financial Income	21 000	15 000	11 000	12 000
Financial Costs	26 000	11 000	28 000	33 000
Financial Balance	−5 000	4 000	−17 000	−21 000
Dividends	0	0	0	0
Net Income	−250 000	−370 000	134 000	−253 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	428 000	358 000	254 000	292 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	141 000	175 000	210 000	244 000
Fixtures	811 000	898 000	1 010 000	1 131 000
Total Tangible Assets	952 000	1 073 000	1 220 000	1 375 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	1 390 000	1 441 000	1 484 000	1 677 000
Stock	626 000	661 000	660 000	787 000
Total Investments	0	0	0	0
Cash, Bank	64 000	133 000	335 000	52 000
Total Current Assets	830 000	908 000	1 089 000	914 000
Total Assets	2 220 000	2 349 000	2 573 000	2 591 000
Total Equity	570 000	820 000	1 189 000	1 055 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	893 000	878 000	873 000	865 000
Creditors	107 000	77 000	32 000	27 000
Unpaid Taxes	247 000	277 000	256 000	204 000
Dividends	0	0	0	0
Other Current Debt	297 000	298 000	222 000	185 000
Total Current Debt	758 000	652 000	510 000	671 000
Total Equity and Debt	2 220 000	2 349 000	2 573 000	2 591 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,86 %	−45,12 %	11,27 %	−23,98 %
Debt-to-Equity Ratio	1,57	1,07	0,73	0,82
Operating Profit Margin	−7,64 %	−10,57 %	4,51 %	−7,94 %
Current Ratio	1,09	1,39	2,14	1,36
Quick Ratio	6,29	−100,89	−7,26	−7,88
Equity Ratio	0,26	0,35	0,46	0,41
Gross Profit Margin	77 %	75,97 %	75,21 %	73,22 %