MADALEN MIKROKRAFTVERK AS

5460 HUSNES

Finances

Share Ownership

Return on Equity

216,67 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 966 000	701 000	173 000	416 000
Net Income	1 495 000	488 000	82 000	284 000
Total Assets	2 066 000	814 000	514 000	755 000
Total Equity	690 000	95 000	377 000	395 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 966 000	701 000	173 000	416 000
Expenditure	53 000	75 000	68 000	52 000
Operating Profit	1 912 000	626 000	104 000	364 000
Financial Income	5 000	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	5 000	0	1 000	0
Earnings Before Tax	1 917 000	626 000	105 000	364 000
Tax	422 000	138 000	23 000	80 000
Net Income	1 495 000	488 000	82 000	284 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	309 000	318 000	327 000	335 000
Total Current Assets	1 757 000	496 000	187 000	420 000
Total Assets	2 066 000	814 000	514 000	755 000
Total Retained Equity	600 000	5 000	287 000	305 000
Total Equity	690 000	95 000	377 000	395 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 375 000	719 000	137 000	360 000
Total Equity and Debt	2 066 000	814 000	514 000	755 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 966 000	701 000	173 000	414 000
Other Income	0	0	0	1 000
Revenue	1 966 000	701 000	173 000	416 000
Cost of Goods Sold	0	35 000	14 000	12 000
Salary Costs	0	0	0	0
Depreciation	9 000	9 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	53 000	75 000	68 000	52 000
Operating Profit	1 912 000	626 000	104 000	364 000
Financial Income	5 000	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	5 000	0	1 000	0
Dividends	900 000	770 000	100 000	250 000
Net Income	1 495 000	488 000	82 000	284 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	50 000	50 000	51 000	52 000
Machinery and Plant Facilities	66 000	69 000	72 000	75 000
Fixtures	194 000	199 000	203 000	208 000
Total Tangible Assets	309 000	318 000	327 000	335 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	309 000	318 000	327 000	335 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 618 000	393 000	162 000	367 000
Total Current Assets	1 757 000	496 000	187 000	420 000
Total Assets	2 066 000	814 000	514 000	755 000
Total Equity	690 000	95 000	377 000	395 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	1 000	4 000	7 000
Unpaid Taxes	44 000	79 000	9 000	23 000
Dividends	900 000	770 000	100 000	250 000
Other Current Debt	0	0	0	0
Total Current Debt	1 375 000	719 000	137 000	360 000
Total Equity and Debt	2 066 000	814 000	514 000	755 000

Financial indicators	2022	2021	2020	2019
Return on Equity	216,67 %	513,68 %	21,75 %	71,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	97,25 %	89,3 %	60,12 %	87,5 %
Current Ratio	1,28	0,69	1,36	1,17
Quick Ratio	1,28	0,69	1,36	1,17
Equity Ratio	0,33	0,12	0,73	0,52
Gross Profit Margin	100 %	95,01 %	91,91 %	97,12 %