MJØSA VARME & SANITÆR AS

2390 MOELV

Finances

Share Ownership

Return on Equity

19,77 %

Current Ratio

1,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 842 000	4 208 000	5 668 000	8 768 000
Net Income	190 000	64 000	801 000	1 862 000
Total Assets	2 876 000	2 687 000	2 593 000	3 570 000
Total Equity	961 000	806 000	742 000	722 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 842 000	4 208 000	5 668 000	8 768 000
Expenditure	3 605 000	4 130 000	4 652 000	6 360 000
Operating Profit	237 000	78 000	1 015 000	2 409 000
Financial Income	7 000	5 000	15 000	9 000
Financial Costs	0	0	3 000	2 000
Financial Balance	7 000	5 000	12 000	7 000
Earnings Before Tax	244 000	83 000	1 027 000	2 416 000
Tax	54 000	19 000	227 000	555 000
Net Income	190 000	64 000	801 000	1 862 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	133 000	163 000	151 000	40 000
Total Current Assets	2 743 000	2 524 000	2 442 000	3 530 000
Total Assets	2 876 000	2 687 000	2 593 000	3 570 000
Total Retained Equity	931 000	776 000	712 000	692 000
Total Equity	961 000	806 000	742 000	722 000
Total Long-Term Debt	0	20 000	28 000	43 000
Total Current Debt	1 915 000	1 860 000	1 822 000	2 805 000
Total Equity and Debt	2 876 000	2 687 000	2 593 000	3 570 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 842 000	4 163 000	5 668 000	8 768 000
Other Income	0	45 000	0	0
Revenue	3 842 000	4 208 000	5 668 000	8 768 000
Cost of Goods Sold	1 619 000	1 736 000	2 263 000	3 812 000
Salary Costs	1 279 000	1 442 000	1 540 000	1 653 000
Depreciation	55 000	55 000	22 000	14 000
Impairment	0	0	0	0
Expenditure	3 605 000	4 130 000	4 652 000	6 360 000
Operating Profit	237 000	78 000	1 015 000	2 409 000
Financial Income	7 000	5 000	15 000	9 000
Financial Costs	0	0	3 000	2 000
Financial Balance	7 000	5 000	12 000	7 000
Dividends	0	0	0	0
Net Income	190 000	64 000	801 000	1 862 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	46 000	40 000	31 000	21 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	53 000	95 000	120 000	20 000
Fixtures	34 000	28 000	0	0
Total Tangible Assets	87 000	123 000	120 000	20 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	133 000	163 000	151 000	40 000
Stock	314 000	308 000	336 000	340 000
Total Investments	0	0	0	0
Cash, Bank	1 242 000	963 000	573 000	2 095 000
Total Current Assets	2 743 000	2 524 000	2 442 000	3 530 000
Total Assets	2 876 000	2 687 000	2 593 000	3 570 000
Total Equity	961 000	806 000	742 000	722 000
Short-Term Group Debt	1 072 000	1 026 000	1 025 000	1 500 000
Total Long-Term Debt	0	20 000	28 000	43 000
Creditors	294 000	389 000	296 000	327 000
Unpaid Taxes	291 000	253 000	337 000	562 000
Dividends	0	0	0	0
Other Current Debt	208 000	165 000	147 000	193 000
Total Current Debt	1 915 000	1 860 000	1 822 000	2 805 000
Total Equity and Debt	2 876 000	2 687 000	2 593 000	3 570 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,77 %	7,94 %	107,95 %	257,89 %
Debt-to-Equity Ratio	0	0,02	0,04	0,06
Operating Profit Margin	6,17 %	1,85 %	17,91 %	27,47 %
Current Ratio	1,43	1,36	1,34	1,26
Quick Ratio	1,71	1,63	1,64	1,43
Equity Ratio	0,33	0,3	0,29	0,2
Gross Profit Margin	57,86 %	58,75 %	60,07 %	56,52 %