MALERMESTEREN ØSTLANDET AS

2840 REINSVOLL

Finances

Share Ownership

Return on Equity

34,36 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 057 000	3 054 000	2 149 000	3 035 000
Net Income	167 000	487 000	41 000	−217 000
Total Assets	1 581 000	923 000	289 000	688 000
Total Equity	486 000	319 000	−168 000	−209 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 057 000	3 054 000	2 149 000	3 035 000
Expenditure	4 824 000	2 459 000	2 113 000	3 240 000
Operating Profit	233 000	595 000	36 000	−205 000
Financial Income	0	0	19 000	3 000
Financial Costs	17 000	21 000	14 000	15 000
Financial Balance	−17 000	−21 000	5 000	−12 000
Earnings Before Tax	216 000	575 000	41 000	−217 000
Tax	50 000	88 000	0	0
Net Income	167 000	487 000	41 000	−217 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	416 000	161 000	144 000	−21 000
Total Current Assets	1 165 000	762 000	145 000	709 000
Total Assets	1 581 000	923 000	289 000	688 000
Total Retained Equity	456 000	289 000	−198 000	−239 000
Total Equity	486 000	319 000	−168 000	−209 000
Total Long-Term Debt	245 000	61 000	107 000	−86 000
Total Current Debt	851 000	543 000	349 000	508 000
Total Equity and Debt	1 581 000	923 000	289 000	213 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 057 000	3 054 000	2 114 000	3 035 000
Other Income	0	0	35 000	0
Revenue	5 057 000	3 054 000	2 149 000	3 035 000
Cost of Goods Sold	861 000	569 000	484 000	950 000
Salary Costs	2 803 000	1 286 000	1 011 000	1 676 000
Depreciation	125 000	60 000	39 000	53 000
Impairment	0	0	0	0
Expenditure	4 824 000	2 459 000	2 113 000	3 240 000
Operating Profit	233 000	595 000	36 000	−205 000
Financial Income	0	0	19 000	3 000
Financial Costs	17 000	21 000	14 000	15 000
Financial Balance	−17 000	−21 000	5 000	−12 000
Dividends	0	0	0	0
Net Income	167 000	487 000	41 000	−217 000

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	416 000	161 000	142 000	−21 000
Total Tangible Assets	416 000	161 000	142 000	−21 000
Total Fiancial Fixed Assets	0	0	2 000	0
Total Fixed Assets	416 000	161 000	144 000	−21 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	837 000	647 000	79 000	599 000
Total Current Assets	1 165 000	762 000	145 000	709 000
Total Assets	1 581 000	923 000	289 000	688 000
Total Equity	486 000	319 000	−168 000	−209 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	245 000	61 000	107 000	−86 000
Creditors	148 000	104 000	40 000	112 000
Unpaid Taxes	294 000	150 000	104 000	79 000
Dividends	0	0	0	0
Other Current Debt	360 000	201 000	206 000	318 000
Total Current Debt	851 000	543 000	349 000	508 000
Total Equity and Debt	1 581 000	923 000	289 000	213 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,36 %	152,66 %	−24,4 %	103,83 %
Debt-to-Equity Ratio	0,5	0,19	−0,64	0,41
Operating Profit Margin	4,61 %	19,48 %	1,68 %	−6,75 %
Current Ratio	1,37	1,4	0,42	1,4
Quick Ratio	1,37	1,4	0,42	1,4
Equity Ratio	0,31	0,35	−0,58	−0,3
Gross Profit Margin	82,97 %	81,37 %	77,48 %	68,7 %