APPETITE FOR PRODUCTION AS

4514 MANDAL

Finances

Return on Equity

71,39 %

Current Ratio

2,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 114 000	27 188 000	5 932 000	10 634 000
Net Income	2 927 000	2 101 000	17 000	549 000
Total Assets	7 198 000	5 551 000	2 067 000	1 848 000
Total Equity	4 100 000	2 223 000	522 000	1 005 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 114 000	27 188 000	5 932 000	10 634 000
Expenditure	48 331 000	24 504 000	5 795 000	9 927 000
Operating Profit	3 783 000	2 683 000	137 000	707 000
Financial Income	4 000	0	0	1 000
Financial Costs	34 000	83 000	2 000	4 000
Financial Balance	−30 000	−83 000	−2 000	−3 000
Earnings Before Tax	3 753 000	2 601 000	135 000	704 000
Tax	826 000	500 000	118 000	155 000
Net Income	2 927 000	2 101 000	17 000	549 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	334 000	0	82 000	67 000
Total Current Assets	6 864 000	5 551 000	1 984 000	1 781 000
Total Assets	7 198 000	5 551 000	2 067 000	1 848 000
Total Retained Equity	4 070 000	2 193 000	492 000	975 000
Total Equity	4 100 000	2 223 000	522 000	1 005 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 098 000	3 328 000	1 545 000	843 000
Total Equity and Debt	7 198 000	5 551 000	2 067 000	1 848 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 108 000	27 188 000	5 932 000	10 634 000
Other Income	6 000	0	0	0
Revenue	52 114 000	27 188 000	5 932 000	10 634 000
Cost of Goods Sold	40 103 000	17 073 000	3 301 000	7 575 000
Salary Costs	6 333 000	3 573 000	1 461 000	1 530 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	48 331 000	24 504 000	5 795 000	9 927 000
Operating Profit	3 783 000	2 683 000	137 000	707 000
Financial Income	4 000	0	0	1 000
Financial Costs	34 000	83 000	2 000	4 000
Financial Balance	−30 000	−83 000	−2 000	−3 000
Dividends	1 051 000	400 000	0	0
Net Income	2 927 000	2 101 000	17 000	549 000

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	334 000	0	82 000	67 000
Total Fixed Assets	334 000	0	82 000	67 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 012 000	3 252 000	824 000	1 431 000
Total Current Assets	6 864 000	5 551 000	1 984 000	1 781 000
Total Assets	7 198 000	5 551 000	2 067 000	1 848 000
Total Equity	4 100 000	2 223 000	522 000	1 005 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	379 000	1 672 000	286 000	249 000
Unpaid Taxes	1 197 000	652 000	459 000	218 000
Dividends	1 051 000	400 000	0	0
Other Current Debt	697 000	504 000	682 000	221 000
Total Current Debt	3 098 000	3 328 000	1 545 000	843 000
Total Equity and Debt	7 198 000	5 551 000	2 067 000	1 848 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,39 %	94,51 %	3,26 %	54,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,26 %	9,87 %	2,31 %	6,65 %
Current Ratio	2,22	1,67	1,28	2,11
Quick Ratio	2,22	1,67	1,28	2,11
Equity Ratio	0,57	0,4	0,25	0,54
Gross Profit Margin	23,05 %	37,2 %	44,35 %	28,77 %