MODULVEGGER ØSTFOLD AS

1711 SARPSBORG

Finances

Share Ownership

Return on Equity

−134,39 %

Current Ratio

1,38

Debt-to-Equity Ratio

−3,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 522 000	56 994 000	37 237 000	41 557 000
Net Income	977 000	−1 787 000	−400 000	−203 000
Total Assets	6 581 000	8 205 000	9 071 000	7 091 000
Total Equity	−727 000	−1 704 000	83 000	482 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 522 000	56 994 000	37 237 000	41 557 000
Expenditure	45 160 000	59 260 000	37 706 000	41 786 000
Operating Profit	1 360 000	−2 267 000	−469 000	−230 000
Financial Income	29 000	43 000	30 000	17 000
Financial Costs	137 000	66 000	73 000	46 000
Financial Balance	−108 000	−23 000	−43 000	−29 000
Earnings Before Tax	1 253 000	−2 290 000	−512 000	−259 000
Tax	276 000	−504 000	−112 000	−56 000
Net Income	977 000	−1 787 000	−400 000	−203 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	86 000	414 000	391 000	678 000
Total Current Assets	6 495 000	7 791 000	8 679 000	6 413 000
Total Assets	6 581 000	8 205 000	9 071 000	7 091 000
Total Retained Equity	−827 000	−1 804 000	−17 000	382 000
Total Equity	−727 000	−1 704 000	83 000	482 000
Total Long-Term Debt	2 603 000	2 527 000	2 672 000	1 276 000
Total Current Debt	4 705 000	7 382 000	6 316 000	5 333 000
Total Equity and Debt	6 581 000	8 205 000	9 071 000	7 091 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 419 000	56 994 000	37 237 000	41 516 000
Other Income	103 000	0	0	41 000
Revenue	46 522 000	56 994 000	37 237 000	41 557 000
Cost of Goods Sold	29 954 000	42 917 000	20 822 000	25 245 000
Salary Costs	9 965 000	10 646 000	11 748 000	11 490 000
Depreciation	71 000	222 000	286 000	278 000
Impairment	0	0	0	0
Expenditure	45 160 000	59 260 000	37 706 000	41 786 000
Operating Profit	1 360 000	−2 267 000	−469 000	−230 000
Financial Income	29 000	43 000	30 000	17 000
Financial Costs	137 000	66 000	73 000	46 000
Financial Balance	−108 000	−23 000	−43 000	−29 000
Dividends	0	0	0	0
Net Income	977 000	−1 787 000	−400 000	−203 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	245 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	86 000	169 000	391 000	678 000
Total Tangible Assets	86 000	169 000	391 000	678 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	86 000	414 000	391 000	678 000
Stock	100 000	50 000	50 000	50 000
Total Investments	0	0	0	0
Cash, Bank	336 000	493 000	1 514 000	1 930 000
Total Current Assets	6 495 000	7 791 000	8 679 000	6 413 000
Total Assets	6 581 000	8 205 000	9 071 000	7 091 000
Total Equity	−727 000	−1 704 000	83 000	482 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 603 000	2 527 000	2 672 000	1 276 000
Creditors	2 355 000	4 147 000	4 224 000	2 640 000
Unpaid Taxes	1 136 000	1 358 000	809 000	1 090 000
Dividends	0	0	0	0
Other Current Debt	1 214 000	1 876 000	1 257 000	1 199 000
Total Current Debt	4 705 000	7 382 000	6 316 000	5 333 000
Total Equity and Debt	6 581 000	8 205 000	9 071 000	7 091 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−134,39 %	104,87 %	−481,93 %	−42,12 %
Debt-to-Equity Ratio	−3,58	−1,48	32,19	2,65
Operating Profit Margin	2,92 %	−3,98 %	−1,26 %	−0,55 %
Current Ratio	1,38	1,06	1,37	1,2
Quick Ratio	1,41	1,06	1,39	1,21
Equity Ratio	−0,11	−0,21	0,01	0,07
Gross Profit Margin	35,61 %	24,7 %	44,08 %	39,25 %