MARTINSEN BYGG AS

9750 HONNINGSVÅG

Finances

Share Ownership

Return on Equity

17,75 %

Current Ratio

4,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 775 000	16 915 000	16 509 000	16 653 000
Net Income	2 182 000	2 310 000	2 291 000	1 818 000
Total Assets	15 410 000	13 519 000	10 953 000	8 491 000
Total Equity	12 293 000	10 111 000	7 801 000	5 510 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 775 000	16 915 000	16 509 000	16 653 000
Expenditure	13 978 000	13 915 000	13 549 000	14 230 000
Operating Profit	2 799 000	3 000 000	2 960 000	2 424 000
Financial Income	8 000	1 000	14 000	10 000
Financial Costs	0	31 000	57 000	74 000
Financial Balance	8 000	−30 000	−43 000	−64 000
Earnings Before Tax	2 807 000	2 971 000	2 917 000	2 360 000
Tax	625 000	661 000	626 000	541 000
Net Income	2 182 000	2 310 000	2 291 000	1 818 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	375 000	504 000	658 000	220 000
Total Current Assets	15 035 000	13 015 000	10 295 000	8 271 000
Total Assets	15 410 000	13 519 000	10 953 000	8 491 000
Total Retained Equity	11 293 000	9 111 000	6 819 000	4 528 000
Total Equity	12 293 000	10 111 000	7 801 000	5 510 000
Total Long-Term Debt	0	0	0	433 000
Total Current Debt	3 118 000	3 408 000	3 152 000	2 547 000
Total Equity and Debt	15 410 000	13 519 000	10 953 000	8 491 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 775 000	16 900 000	16 509 000	16 653 000
Other Income	0	15 000	0	0
Revenue	16 775 000	16 915 000	16 509 000	16 653 000
Cost of Goods Sold	8 477 000	9 231 000	8 737 000	9 420 000
Salary Costs	2 592 000	2 821 000	2 941 000	2 868 000
Depreciation	114 000	115 000	97 000	57 000
Impairment	0	0	0	0
Expenditure	13 978 000	13 915 000	13 549 000	14 230 000
Operating Profit	2 799 000	3 000 000	2 960 000	2 424 000
Financial Income	8 000	1 000	14 000	10 000
Financial Costs	0	31 000	57 000	74 000
Financial Balance	8 000	−30 000	−43 000	−64 000
Dividends	0	0	0	0
Net Income	2 182 000	2 310 000	2 291 000	1 818 000

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	375 000	489 000	628 000	175 000
Total Tangible Assets	375 000	489 000	628 000	175 000
Total Fiancial Fixed Assets	0	15 000	30 000	45 000
Total Fixed Assets	375 000	504 000	658 000	220 000
Stock	3 065 000	2 825 000	2 628 000	2 663 000
Total Investments	0	0	0	0
Cash, Bank	10 704 000	8 855 000	6 538 000	4 554 000
Total Current Assets	15 035 000	13 015 000	10 295 000	8 271 000
Total Assets	15 410 000	13 519 000	10 953 000	8 491 000
Total Equity	12 293 000	10 111 000	7 801 000	5 510 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	433 000
Creditors	1 589 000	1 788 000	1 453 000	1 160 000
Unpaid Taxes	331 000	337 000	314 000	251 000
Dividends	0	0	0	0
Other Current Debt	573 000	622 000	759 000	594 000
Total Current Debt	3 118 000	3 408 000	3 152 000	2 547 000
Total Equity and Debt	15 410 000	13 519 000	10 953 000	8 491 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,75 %	22,85 %	29,37 %	32,99 %
Debt-to-Equity Ratio	0	0	0	0,08
Operating Profit Margin	16,69 %	17,74 %	17,93 %	14,56 %
Current Ratio	4,82	3,82	3,27	3,25
Quick Ratio	283,68	22,32	19,65	−71,3
Equity Ratio	0,8	0,75	0,71	0,65
Gross Profit Margin	49,47 %	45,43 %	47,08 %	43,43 %