MODUS INVEST AS

4878 GRIMSTAD

Finances

Return on Equity

−32,06 %

Current Ratio

3,02

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	758 000	868 000	724 000	642 000
Net Income	−738 000	413 000	435 000	137 000
Total Assets	4 370 000	6 436 000	2 949 000	1 955 000
Total Equity	2 302 000	3 040 000	827 000	392 000

Income (NOK)	2022	2021	2020	2019
Revenue	758 000	868 000	724 000	642 000
Expenditure	221 000	222 000	239 000	213 000
Operating Profit	537 000	645 000	485 000	428 000
Financial Income	3 000	4 000	112 000	41 000
Financial Costs	1 195 000	120 000	71 000	249 000
Financial Balance	−1 192 000	−116 000	41 000	−208 000
Earnings Before Tax	−654 000	529 000	526 000	220 000
Tax	84 000	116 000	91 000	82 000
Net Income	−738 000	413 000	435 000	137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 714 000	5 934 000	2 505 000	1 643 000
Total Current Assets	1 656 000	502 000	445 000	312 000
Total Assets	4 370 000	6 436 000	2 949 000	1 955 000
Total Retained Equity	152 000	890 000	477 000	42 000
Total Equity	2 302 000	3 040 000	827 000	392 000
Total Long-Term Debt	1 520 000	1 520 000	1 520 000	1 220 000
Total Current Debt	548 000	1 876 000	602 000	342 000
Total Equity and Debt	4 370 000	6 436 000	2 949 000	1 955 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	758 000	868 000	724 000	642 000
Other Income	0	0	0	0
Revenue	758 000	868 000	724 000	642 000
Cost of Goods Sold	0	0	41 000	35 000
Salary Costs	0	2 000	10 000	4 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	221 000	222 000	239 000	213 000
Operating Profit	537 000	645 000	485 000	428 000
Financial Income	3 000	4 000	112 000	41 000
Financial Costs	1 195 000	120 000	71 000	249 000
Financial Balance	−1 192 000	−116 000	41 000	−208 000
Dividends	0	0	0	0
Net Income	−738 000	413 000	435 000	137 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 714 000	5 934 000	2 505 000	1 643 000
Total Fixed Assets	2 714 000	5 934 000	2 505 000	1 643 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 195 000	153 000	288 000	175 000
Total Current Assets	1 656 000	502 000	445 000	312 000
Total Assets	4 370 000	6 436 000	2 949 000	1 955 000
Total Equity	2 302 000	3 040 000	827 000	392 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 520 000	1 520 000	1 520 000	1 220 000
Creditors	22 000	26 000	81 000	0
Unpaid Taxes	33 000	65 000	120 000	41 000
Dividends	0	0	0	0
Other Current Debt	409 000	1 669 000	310 000	244 000
Total Current Debt	548 000	1 876 000	602 000	342 000
Total Equity and Debt	4 370 000	6 436 000	2 949 000	1 955 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−32,06 %	13,59 %	52,6 %	34,95 %
Debt-to-Equity Ratio	0,66	0,5	1,84	3,11
Operating Profit Margin	70,84 %	74,31 %	66,99 %	66,67 %
Current Ratio	3,02	0,27	0,74	0,91
Quick Ratio	3,02	0,27	0,74	0,91
Equity Ratio	0,53	0,47	0,28	0,2
Gross Profit Margin	100 %	100 %	94,34 %	94,55 %