MALERMESTER FØRELAND AS

3430 SPIKKESTAD

Finances

Share Ownership

Return on Equity

63,19 %

Current Ratio

1,39

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 381 000	3 685 000	2 223 000	1 920 000
Net Income	273 000	327 000	274 000	148 000
Total Assets	1 867 000	1 847 000	1 032 000	709 000
Total Equity	432 000	659 000	332 000	208 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 381 000	3 685 000	2 223 000	1 920 000
Expenditure	2 997 000	3 254 000	1 869 000	1 726 000
Operating Profit	384 000	432 000	353 000	194 000
Financial Income	0	0	0	0
Financial Costs	22 000	9 000	1 000	5 000
Financial Balance	−22 000	−9 000	−1 000	−5 000
Earnings Before Tax	362 000	424 000	352 000	190 000
Tax	89 000	96 000	78 000	42 000
Net Income	273 000	327 000	274 000	148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	365 000	422 000	0	0
Total Current Assets	1 502 000	1 426 000	1 032 000	709 000
Total Assets	1 867 000	1 847 000	1 032 000	709 000
Total Retained Equity	408 000	635 000	307 000	183 000
Total Equity	432 000	659 000	332 000	208 000
Total Long-Term Debt	356 000	412 000	2 000	1 000
Total Current Debt	1 079 000	776 000	698 000	500 000
Total Equity and Debt	1 867 000	1 847 000	1 032 000	709 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 381 000	3 685 000	2 223 000	1 920 000
Other Income	0	0	0	0
Revenue	3 381 000	3 685 000	2 223 000	1 920 000
Cost of Goods Sold	377 000	769 000	323 000	164 000
Salary Costs	2 015 000	2 016 000	1 243 000	1 281 000
Depreciation	56 000	33 000	0	0
Impairment	0	0	0	0
Expenditure	2 997 000	3 254 000	1 869 000	1 726 000
Operating Profit	384 000	432 000	353 000	194 000
Financial Income	0	0	0	0
Financial Costs	22 000	9 000	1 000	5 000
Financial Balance	−22 000	−9 000	−1 000	−5 000
Dividends	500 000	0	150 000	80 000
Net Income	273 000	327 000	274 000	148 000

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	365 000	422 000	0	0
Total Tangible Assets	365 000	422 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	365 000	422 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 144 000	1 026 000	398 000	507 000
Total Current Assets	1 502 000	1 426 000	1 032 000	709 000
Total Assets	1 867 000	1 847 000	1 032 000	709 000
Total Equity	432 000	659 000	332 000	208 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	356 000	412 000	2 000	1 000
Creditors	103 000	29 000	119 000	28 000
Unpaid Taxes	166 000	238 000	116 000	149 000
Dividends	500 000	0	150 000	80 000
Other Current Debt	458 000	423 000	237 000	201 000
Total Current Debt	1 079 000	776 000	698 000	500 000
Total Equity and Debt	1 867 000	1 847 000	1 032 000	709 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,19 %	49,62 %	82,53 %	71,15 %
Debt-to-Equity Ratio	0,82	0,63	0,01	0
Operating Profit Margin	11,36 %	11,72 %	15,88 %	10,1 %
Current Ratio	1,39	1,84	1,48	1,42
Quick Ratio	1,39	1,84	1,48	1,42
Equity Ratio	0,23	0,36	0,32	0,29
Gross Profit Margin	88,85 %	79,13 %	85,47 %	91,46 %