M. PEDERSEN KULDETEKNIKK AS

3302 HOKKSUND

Finances

Share Ownership

Return on Equity

33,33 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 029 000	925 000	778 000	1 216 000
Net Income	42 000	263 000	−30 000	106 000
Total Assets	279 000	186 000	100 000	147 000
Total Equity	126 000	84 000	−179 000	−149 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 029 000	925 000	778 000	1 216 000
Expenditure	976 000	652 000	800 000	1 093 000
Operating Profit	52 000	273 000	−21 000	122 000
Financial Income	0	0	0	0
Financial Costs	9 000	10 000	8 000	17 000
Financial Balance	−9 000	−10 000	−8 000	−17 000
Earnings Before Tax	42 000	263 000	−30 000	106 000
Tax	0	0	0	0
Net Income	42 000	263 000	−30 000	106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	51 000	51 000	51 000
Total Current Assets	179 000	135 000	49 000	96 000
Total Assets	279 000	186 000	100 000	147 000
Total Retained Equity	96 000	54 000	−209 000	−179 000
Total Equity	126 000	84 000	−179 000	−149 000
Total Long-Term Debt	0	−1 000	40 000	81 000
Total Current Debt	153 000	103 000	239 000	216 000
Total Equity and Debt	279 000	186 000	100 000	147 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 029 000	925 000	778 000	1 216 000
Other Income	0	0	0	0
Revenue	1 029 000	925 000	778 000	1 216 000
Cost of Goods Sold	−14 000	7 000	70 000	222 000
Salary Costs	466 000	207 000	218 000	392 000
Depreciation	13 000	0	0	0
Impairment	0	0	0	0
Expenditure	976 000	652 000	800 000	1 093 000
Operating Profit	52 000	273 000	−21 000	122 000
Financial Income	0	0	0	0
Financial Costs	9 000	10 000	8 000	17 000
Financial Balance	−9 000	−10 000	−8 000	−17 000
Dividends	0	0	0	0
Net Income	42 000	263 000	−30 000	106 000

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	35 000	0	0	0
Total Tangible Assets	35 000	0	0	0
Total Fiancial Fixed Assets	65 000	51 000	51 000	51 000
Total Fixed Assets	100 000	51 000	51 000	51 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 000	84 000	49 000	46 000
Total Current Assets	179 000	135 000	49 000	96 000
Total Assets	279 000	186 000	100 000	147 000
Total Equity	126 000	84 000	−179 000	−149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	−1 000	40 000	81 000
Creditors	26 000	1 000	1 000	1 000
Unpaid Taxes	70 000	73 000	31 000	72 000
Dividends	0	0	0	0
Other Current Debt	107 000	29 000	207 000	143 000
Total Current Debt	153 000	103 000	239 000	216 000
Total Equity and Debt	279 000	186 000	100 000	147 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,33 %	313,1 %	16,76 %	−71,14 %
Debt-to-Equity Ratio	0	−0,01	−0,22	−0,54
Operating Profit Margin	5,05 %	29,51 %	−2,7 %	10,03 %
Current Ratio	1,17	1,31	0,21	0,44
Quick Ratio	1,17	1,31	0,21	0,44
Equity Ratio	0,45	0,45	−1,79	−1,01
Gross Profit Margin	101,36 %	99,24 %	91 %	81,74 %