MARTINSEN INVESTMENT AS

8360 BØSTAD

Finances

Return on Equity

64,34 %

Current Ratio

2,72

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	−4 000
Net Income	23 159 000	7 260 000	4 646 000	4 012 000
Total Assets	52 296 000	33 523 000	30 439 000	15 561 000
Total Equity	35 996 000	16 368 000	12 551 000	7 905 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	−4 000
Expenditure	2 130 000	4 287 000	2 068 000	345 000
Operating Profit	−2 129 000	−4 287 000	−2 068 000	−349 000
Financial Income	25 472 000	12 134 000	7 315 000	4 590 000
Financial Costs	777 000	634 000	605 000	192 000
Financial Balance	24 695 000	11 500 000	6 710 000	4 398 000
Earnings Before Tax	22 566 000	7 213 000	4 642 000	4 049 000
Tax	−593 000	−47 000	−4 000	37 000
Net Income	23 159 000	7 260 000	4 646 000	4 012 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 305 000	14 118 000	7 982 000	6 970 000
Total Current Assets	19 991 000	19 405 000	22 457 000	8 591 000
Total Assets	52 296 000	33 523 000	30 439 000	15 561 000
Total Retained Equity	35 966 000	15 918 000	12 101 000	7 455 000
Total Equity	35 996 000	16 368 000	12 551 000	7 905 000
Total Long-Term Debt	8 957 000	8 016 000	9 852 000	1 881 000
Total Current Debt	7 342 000	9 139 000	8 035 000	5 775 000
Total Equity and Debt	52 296 000	33 523 000	30 439 000	15 561 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	−4 000
Other Income	0	0	0	0
Revenue	0	0	0	−4 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 542 000	3 893 000	1 766 000	2 000
Depreciation	117 000	104 000	93 000	54 000
Impairment	0	0	0	0
Expenditure	2 130 000	4 287 000	2 068 000	345 000
Operating Profit	−2 129 000	−4 287 000	−2 068 000	−349 000
Financial Income	25 472 000	12 134 000	7 315 000	4 590 000
Financial Costs	777 000	634 000	605 000	192 000
Financial Balance	24 695 000	11 500 000	6 710 000	4 398 000
Dividends	3 081 000	0	0	320 000
Net Income	23 159 000	7 260 000	4 646 000	4 012 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	635 000	43 000	0	0
Real Eastate	167 000	0	0	0
Machinery and Plant Facilities	97 000	73 000	0	0
Fixtures	204 000	224 000	317 000	410 000
Total Tangible Assets	468 000	298 000	317 000	410 000
Total Fiancial Fixed Assets	31 202 000	13 777 000	7 665 000	6 560 000
Total Fixed Assets	32 305 000	14 118 000	7 982 000	6 970 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 411 000	1 203 000	2 236 000	101 000
Total Current Assets	19 991 000	19 405 000	22 457 000	8 591 000
Total Assets	52 296 000	33 523 000	30 439 000	15 561 000
Total Equity	35 996 000	16 368 000	12 551 000	7 905 000
Short-Term Group Debt	3 022 000	7 189 000	6 681 000	5 305 000
Total Long-Term Debt	8 957 000	8 016 000	9 852 000	1 881 000
Creditors	151 000	107 000	70 000	13 000
Unpaid Taxes	108 000	181 000	632 000	0
Dividends	3 081 000	0	0	320 000
Other Current Debt	4 061 000	1 661 000	653 000	108 000
Total Current Debt	7 342 000	9 139 000	8 035 000	5 775 000
Total Equity and Debt	52 296 000	33 523 000	30 439 000	15 561 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,34 %	44,35 %	37,02 %	50,75 %
Debt-to-Equity Ratio	0,25	0,49	0,78	0,24
Operating Profit Margin	-	-	-	8 725 %
Current Ratio	2,72	2,12	2,79	1,49
Quick Ratio	2,72	2,12	2,79	1,49
Equity Ratio	0,69	0,49	0,41	0,51
Gross Profit Margin	-	-	-	100 %