E.J. MARTINSEN AS

1445 DRØBAK

Finances

Share Ownership

Return on Equity

36,05 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 080 000	3 999 000	3 684 000	7 639 000
Net Income	567 000	−27 000	−478 000	230 000
Total Assets	3 835 000	3 391 000	3 844 000	4 968 000
Total Equity	1 573 000	1 006 000	1 033 000	1 511 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 080 000	3 999 000	3 684 000	7 639 000
Expenditure	7 317 000	3 982 000	4 230 000	7 271 000
Operating Profit	763 000	15 000	−546 000	369 000
Financial Income	0	0	0	1 000
Financial Costs	34 000	48 000	63 000	74 000
Financial Balance	−34 000	−48 000	−63 000	−73 000
Earnings Before Tax	729 000	−32 000	−609 000	296 000
Tax	161 000	−5 000	−131 000	66 000
Net Income	567 000	−27 000	−478 000	230 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 375 000	1 693 000	2 095 000	2 497 000
Total Current Assets	2 460 000	1 698 000	1 749 000	2 471 000
Total Assets	3 835 000	3 391 000	3 844 000	4 968 000
Total Retained Equity	1 543 000	976 000	1 003 000	1 481 000
Total Equity	1 573 000	1 006 000	1 033 000	1 511 000
Total Long-Term Debt	649 000	1 063 000	1 506 000	2 146 000
Total Current Debt	1 613 000	1 322 000	1 305 000	1 311 000
Total Equity and Debt	3 835 000	3 391 000	3 844 000	4 968 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 016 000	3 866 000	3 461 000	7 318 000
Other Income	64 000	132 000	223 000	322 000
Revenue	8 080 000	3 999 000	3 684 000	7 639 000
Cost of Goods Sold	2 854 000	938 000	696 000	2 307 000
Salary Costs	1 490 000	894 000	1 380 000	1 918 000
Depreciation	380 000	402 000	402 000	414 000
Impairment	0	0	0	0
Expenditure	7 317 000	3 982 000	4 230 000	7 271 000
Operating Profit	763 000	15 000	−546 000	369 000
Financial Income	0	0	0	1 000
Financial Costs	34 000	48 000	63 000	74 000
Financial Balance	−34 000	−48 000	−63 000	−73 000
Dividends	0	0	0	0
Net Income	567 000	−27 000	−478 000	230 000

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	1 338 000	1 693 000	2 095 000	2 497 000
Total Tangible Assets	1 338 000	1 693 000	2 095 000	2 497 000
Total Fiancial Fixed Assets	38 000	0	0	0
Total Fixed Assets	1 375 000	1 693 000	2 095 000	2 497 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 773 000	1 137 000	1 099 000	1 580 000
Total Current Assets	2 460 000	1 698 000	1 749 000	2 471 000
Total Assets	3 835 000	3 391 000	3 844 000	4 968 000
Total Equity	1 573 000	1 006 000	1 033 000	1 511 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	649 000	1 063 000	1 506 000	2 146 000
Creditors	187 000	172 000	165 000	81 000
Unpaid Taxes	171 000	113 000	133 000	197 000
Dividends	0	0	0	0
Other Current Debt	1 099 000	1 037 000	1 006 000	1 131 000
Total Current Debt	1 613 000	1 322 000	1 305 000	1 311 000
Total Equity and Debt	3 835 000	3 391 000	3 844 000	4 968 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,05 %	−2,68 %	−46,27 %	15,22 %
Debt-to-Equity Ratio	0,41	1,06	1,46	1,42
Operating Profit Margin	9,44 %	0,38 %	−14,82 %	4,83 %
Current Ratio	1,53	1,28	1,34	1,88
Quick Ratio	1,53	1,28	1,34	1,88
Equity Ratio	0,41	0,3	0,27	0,3
Gross Profit Margin	64,68 %	76,54 %	81,11 %	69,8 %