MODARESA AS

1361 ØSTERÅS

Finances

Share Ownership

Return on Equity

194,97 %

Current Ratio

0,57

Debt-to-Equity Ratio

−0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	603 000	1 069 000	618 000	304 000
Net Income	−310 000	−3 000	158 000	36 000
Total Assets	660 000	1 485 000	867 000	1 047 000
Total Equity	−159 000	151 000	153 000	−4 000

Income (NOK)	2022	2021	2020	2019
Revenue	603 000	1 069 000	618 000	304 000
Expenditure	739 000	1 074 000	421 000	266 000
Operating Profit	−136 000	−5 000	197 000	37 000
Financial Income	27 000	11 000	1 000	1 000
Financial Costs	201 000	9 000	4 000	2 000
Financial Balance	−174 000	2 000	−3 000	−1 000
Earnings Before Tax	−310 000	−3 000	194 000	36 000
Tax	0	0	36 000	0
Net Income	−310 000	−3 000	158 000	36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	262 000	0	0	0
Total Current Assets	399 000	1 485 000	867 000	1 047 000
Total Assets	660 000	1 485 000	867 000	1 047 000
Total Retained Equity	−189 000	121 000	123 000	−34 000
Total Equity	−159 000	151 000	153 000	−4 000
Total Long-Term Debt	114 000	784 000	600 000	600 000
Total Current Debt	706 000	550 000	114 000	451 000
Total Equity and Debt	660 000	1 485 000	867 000	1 047 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	593 000	581 000	318 000	204 000
Other Income	10 000	488 000	300 000	100 000
Revenue	603 000	1 069 000	618 000	304 000
Cost of Goods Sold	608 000	0	0	0
Salary Costs	3 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	739 000	1 074 000	421 000	266 000
Operating Profit	−136 000	−5 000	197 000	37 000
Financial Income	27 000	11 000	1 000	1 000
Financial Costs	201 000	9 000	4 000	2 000
Financial Balance	−174 000	2 000	−3 000	−1 000
Dividends	0	0	0	0
Net Income	−310 000	−3 000	158 000	36 000

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	262 000	0	0	0
Total Fixed Assets	262 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	344 000	1 382 000	858 000	972 000
Total Current Assets	399 000	1 485 000	867 000	1 047 000
Total Assets	660 000	1 485 000	867 000	1 047 000
Total Equity	−159 000	151 000	153 000	−4 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	114 000	784 000	600 000	600 000
Creditors	−40 000	0	0	46 000
Unpaid Taxes	1 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	745 000	550 000	77 000	405 000
Total Current Debt	706 000	550 000	114 000	451 000
Total Equity and Debt	660 000	1 485 000	867 000	1 047 000

Financial indicators	2022	2021	2020	2019
Return on Equity	194,97 %	−1,99 %	103,27 %	−900 %
Debt-to-Equity Ratio	−0,72	5,19	3,92	−150
Operating Profit Margin	−22,55 %	−0,47 %	31,88 %	12,17 %
Current Ratio	0,57	2,7	7,61	2,32
Quick Ratio	0,57	2,7	7,61	2,32
Equity Ratio	−0,24	0,1	0,18	−0
Gross Profit Margin	−0,83 %	100 %	100 %	100 %