MODALEN PENSJONAT AS

5729 MODALEN

Finances

Share Ownership

Return on Equity

112,5 %

Current Ratio

1,83

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	452 000	188 000	263 000	100 000
Net Income	72 000	−67 000	24 000	−59 000
Total Assets	88 000	55 000	94 000	85 000
Total Equity	64 000	−8 000	29 000	3 000

Income (NOK)	2021	2020	2019	2018
Revenue	452 000	188 000	263 000	100 000
Expenditure	379 000	252 000	230 000	156 000
Operating Profit	72 000	−65 000	33 000	−57 000
Financial Income	0	0	0	0
Financial Costs	13 000	1 000	9 000	2 000
Financial Balance	−13 000	−1 000	−9 000	−2 000
Earnings Before Tax	58 000	−67 000	24 000	−59 000
Tax	−14 000	0	0	0
Net Income	72 000	−67 000	24 000	−59 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	45 000	39 000	19 000	23 000
Total Current Assets	44 000	16 000	75 000	62 000
Total Assets	88 000	55 000	94 000	85 000
Total Retained Equity	−30 000	−103 000	−65 000	−91 000
Total Equity	64 000	−8 000	29 000	3 000
Total Long-Term Debt	0	0	0	40 000
Total Current Debt	24 000	63 000	65 000	42 000
Total Equity and Debt	88 000	55 000	94 000	85 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	343 000	140 000	262 000	100 000
Other Income	109 000	48 000	1 000	0
Revenue	452 000	188 000	263 000	100 000
Cost of Goods Sold	151 000	11 000	21 000	45 000
Salary Costs	26 000	29 000	5 000	3 000
Depreciation	8 000	8 000	5 000	6 000
Impairment	0	0	0	0
Expenditure	379 000	252 000	230 000	156 000
Operating Profit	72 000	−65 000	33 000	−57 000
Financial Income	0	0	0	0
Financial Costs	13 000	1 000	9 000	2 000
Financial Balance	−13 000	−1 000	−9 000	−2 000
Dividends	0	0	0	0
Net Income	72 000	−67 000	24 000	−59 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	43 000	29 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	19 000	23 000
Fixtures	2 000	10 000	0	0
Total Tangible Assets	2 000	10 000	19 000	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	45 000	39 000	19 000	23 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	3 000	5 000	3 000
Total Current Assets	44 000	16 000	75 000	62 000
Total Assets	88 000	55 000	94 000	85 000
Total Equity	64 000	−8 000	29 000	3 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	40 000
Creditors	27 000	63 000	57 000	42 000
Unpaid Taxes	−6 000	0	8 000	0
Dividends	0	0	0	0
Other Current Debt	3 000	0	0	0
Total Current Debt	24 000	63 000	65 000	42 000
Total Equity and Debt	88 000	55 000	94 000	85 000

Financial indicators	2021	2020	2019	2018
Return on Equity	112,5 %	837,5 %	82,76 %	−1 966,67 %
Debt-to-Equity Ratio	0	−0	0	13,33
Operating Profit Margin	15,93 %	−34,57 %	12,55 %	−57 %
Current Ratio	1,83	0,25	1,15	1,48
Quick Ratio	1,83	0,25	1,15	1,48
Equity Ratio	0,73	−0,15	0,31	0,04
Gross Profit Margin	66,59 %	94,15 %	92,02 %	55 %