MODERNE HYTTER AS

3044 DRAMMEN

Finances

Share Ownership

Return on Equity

13,73 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 887 000	15 918 000	0	0
Net Income	807 000	−760 000	−1 098 000	−1 096 000
Total Assets	33 969 000	32 605 000	23 561 000	13 797 000
Total Equity	5 877 000	5 069 000	5 829 000	6 927 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 887 000	15 918 000	0	0
Expenditure	47 839 000	15 993 000	612 000	883 000
Operating Profit	2 048 000	−75 000	−612 000	−883 000
Financial Income	0	0	0	0
Financial Costs	1 241 000	685 000	486 000	213 000
Financial Balance	−1 241 000	−685 000	−486 000	−213 000
Earnings Before Tax	807 000	−760 000	−1 098 000	−1 096 000
Tax	0	0	0	0
Net Income	807 000	−760 000	−1 098 000	−1 096 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	0	0	0
Total Current Assets	33 928 000	32 605 000	23 561 000	13 797 000
Total Assets	33 969 000	32 605 000	23 561 000	13 797 000
Total Retained Equity	−4 023 000	−4 831 000	−4 071 000	−2 973 000
Total Equity	5 877 000	5 069 000	5 829 000	6 927 000
Total Long-Term Debt	1 650 000	2 057 000	1 744 000	1 693 000
Total Current Debt	26 442 000	25 479 000	15 988 000	5 176 000
Total Equity and Debt	33 969 000	32 605 000	23 561 000	13 797 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 887 000	15 918 000	0	0
Other Income	0	0	0	0
Revenue	49 887 000	15 918 000	0	0
Cost of Goods Sold	46 410 000	13 979 000	0	0
Salary Costs	556 000	1 165 000	306 000	683 000
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	47 839 000	15 993 000	612 000	883 000
Operating Profit	2 048 000	−75 000	−612 000	−883 000
Financial Income	0	0	0	0
Financial Costs	1 241 000	685 000	486 000	213 000
Financial Balance	−1 241 000	−685 000	−486 000	−213 000
Dividends	0	0	0	0
Net Income	807 000	−760 000	−1 098 000	−1 096 000

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	41 000	0	0	0
Total Tangible Assets	41 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	41 000	0	0	0
Stock	29 464 000	32 541 000	23 527 000	13 773 000
Total Investments	0	0	0	0
Cash, Bank	65 000	33 000	24 000	21 000
Total Current Assets	33 928 000	32 605 000	23 561 000	13 797 000
Total Assets	33 969 000	32 605 000	23 561 000	13 797 000
Total Equity	5 877 000	5 069 000	5 829 000	6 927 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 650 000	2 057 000	1 744 000	1 693 000
Creditors	1 615 000	61 000	1 390 000	454 000
Unpaid Taxes	113 000	77 000	54 000	57 000
Dividends	0	0	0	0
Other Current Debt	4 777 000	7 569 000	205 000	96 000
Total Current Debt	26 442 000	25 479 000	15 988 000	5 176 000
Total Equity and Debt	33 969 000	32 605 000	23 561 000	13 797 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,73 %	−14,99 %	−18,84 %	−15,82 %
Debt-to-Equity Ratio	0,28	0,41	0,3	0,24
Operating Profit Margin	4,11 %	−0,47 %	-	-
Current Ratio	1,28	1,28	1,47	2,67
Quick Ratio	−11,23	−4,62	−3,13	−1,6
Equity Ratio	0,17	0,16	0,25	0,5
Gross Profit Margin	6,97 %	12,18 %	-	-