MADSEN UTLEIE AS

3949 PORSGRUNN

Finances

Share Ownership

Return on Equity

−19,11 %

Current Ratio

0,52

Debt-to-Equity Ratio

2,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 005 000	3 467 000	1 845 000	2 374 000
Net Income	−419 000	707 000	−117 000	854 000
Total Assets	11 472 000	8 418 000	9 297 000	5 706 000
Total Equity	2 192 000	2 611 000	1 904 000	1 751 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 005 000	3 467 000	1 845 000	2 374 000
Expenditure	2 282 000	2 280 000	1 743 000	1 105 000
Operating Profit	−278 000	1 187 000	102 000	1 269 000
Financial Income	0	0	0	5 000
Financial Costs	260 000	280 000	253 000	180 000
Financial Balance	−260 000	−280 000	−253 000	−175 000
Earnings Before Tax	−537 000	907 000	−150 000	1 095 000
Tax	−118 000	199 000	−33 000	241 000
Net Income	−419 000	707 000	−117 000	854 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 743 000	6 824 000	8 318 000	3 696 000
Total Current Assets	1 729 000	1 594 000	980 000	2 009 000
Total Assets	11 472 000	8 418 000	9 297 000	5 706 000
Total Retained Equity	607 000	1 026 000	319 000	436 000
Total Equity	2 192 000	2 611 000	1 904 000	1 751 000
Total Long-Term Debt	5 984 000	5 580 000	6 710 000	3 777 000
Total Current Debt	3 297 000	227 000	684 000	178 000
Total Equity and Debt	11 472 000	8 418 000	9 297 000	5 706 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 992 000	2 510 000	1 845 000	725 000
Other Income	13 000	957 000	0	1 649 000
Revenue	2 005 000	3 467 000	1 845 000	2 374 000
Cost of Goods Sold	0	2 000	7 000	0
Salary Costs	0	0	0	0
Depreciation	1 708 000	1 730 000	1 330 000	780 000
Impairment	0	0	0	0
Expenditure	2 282 000	2 280 000	1 743 000	1 105 000
Operating Profit	−278 000	1 187 000	102 000	1 269 000
Financial Income	0	0	0	5 000
Financial Costs	260 000	280 000	253 000	180 000
Financial Balance	−260 000	−280 000	−253 000	−175 000
Dividends	0	0	0	0
Net Income	−419 000	707 000	−117 000	854 000

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	9 743 000	6 824 000	8 318 000	3 696 000
Total Tangible Assets	9 743 000	6 824 000	8 318 000	3 696 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 743 000	6 824 000	8 318 000	3 696 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	571 000	316 000	634 000	1 757 000
Total Current Assets	1 729 000	1 594 000	980 000	2 009 000
Total Assets	11 472 000	8 418 000	9 297 000	5 706 000
Total Equity	2 192 000	2 611 000	1 904 000	1 751 000
Short-Term Group Debt	3 168 000	0	521 000	0
Total Long-Term Debt	5 984 000	5 580 000	6 710 000	3 777 000
Creditors	12 000	10 000	85 000	173 000
Unpaid Taxes	113 000	131 000	73 000	0
Dividends	0	0	0	0
Other Current Debt	4 000	4 000	4 000	4 000
Total Current Debt	3 297 000	227 000	684 000	178 000
Total Equity and Debt	11 472 000	8 418 000	9 297 000	5 706 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,11 %	27,08 %	−6,14 %	48,77 %
Debt-to-Equity Ratio	2,73	2,14	3,52	2,16
Operating Profit Margin	−13,87 %	34,24 %	5,53 %	53,45 %
Current Ratio	0,52	7,02	1,43	11,29
Quick Ratio	0,52	7,02	1,43	11,29
Equity Ratio	0,19	0,31	0,2	0,31
Gross Profit Margin	100 %	99,94 %	99,62 %	100 %