MÅLSELV VARMEPUMPESERVICE AS

9322 KARLSTAD

Finances

Share Ownership

Return on Equity

19,97 %

Current Ratio

2,09

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 701 000	3 756 000	2 918 000	3 067 000
Net Income	151 000	192 000	−15 000	325 000
Total Assets	1 680 000	1 573 000	870 000	1 088 000
Total Equity	756 000	605 000	413 000	428 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 701 000	3 756 000	2 918 000	3 067 000
Expenditure	3 488 000	3 489 000	2 922 000	2 625 000
Operating Profit	213 000	268 000	−4 000	442 000
Financial Income	0	0	0	0
Financial Costs	21 000	21 000	15 000	14 000
Financial Balance	−21 000	−21 000	−15 000	−14 000
Earnings Before Tax	193 000	247 000	−20 000	428 000
Tax	43 000	54 000	−4 000	103 000
Net Income	151 000	192 000	−15 000	325 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	354 000	432 000	228 000	208 000
Total Current Assets	1 327 000	1 141 000	642 000	879 000
Total Assets	1 680 000	1 573 000	870 000	1 088 000
Total Retained Equity	653 000	502 000	310 000	325 000
Total Equity	756 000	605 000	413 000	428 000
Total Long-Term Debt	288 000	373 000	160 000	175 000
Total Current Debt	636 000	595 000	297 000	485 000
Total Equity and Debt	1 680 000	1 573 000	870 000	1 088 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 700 000	3 756 000	2 917 000	3 067 000
Other Income	1 000	1 000	0	0
Revenue	3 701 000	3 756 000	2 918 000	3 067 000
Cost of Goods Sold	2 227 000	1 985 000	1 643 000	1 570 000
Salary Costs	745 000	980 000	736 000	558 000
Depreciation	65 000	61 000	31 000	33 000
Impairment	0	0	0	0
Expenditure	3 488 000	3 489 000	2 922 000	2 625 000
Operating Profit	213 000	268 000	−4 000	442 000
Financial Income	0	0	0	0
Financial Costs	21 000	21 000	15 000	14 000
Financial Balance	−21 000	−21 000	−15 000	−14 000
Dividends	0	0	0	0
Net Income	151 000	192 000	−15 000	325 000

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	213 000	246 000	0	0
Fixtures	141 000	186 000	228 000	208 000
Total Tangible Assets	354 000	432 000	228 000	208 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	354 000	432 000	228 000	208 000
Stock	106 000	259 000	39 000	0
Total Investments	0	0	0	0
Cash, Bank	980 000	628 000	455 000	737 000
Total Current Assets	1 327 000	1 141 000	642 000	879 000
Total Assets	1 680 000	1 573 000	870 000	1 088 000
Total Equity	756 000	605 000	413 000	428 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	288 000	373 000	160 000	175 000
Creditors	495 000	286 000	196 000	306 000
Unpaid Taxes	138 000	169 000	149 000	90 000
Dividends	0	0	0	0
Other Current Debt	103 000	92 000	−47 000	0
Total Current Debt	636 000	595 000	297 000	485 000
Total Equity and Debt	1 680 000	1 573 000	870 000	1 088 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,97 %	31,74 %	−3,63 %	75,93 %
Debt-to-Equity Ratio	0,38	0,62	0,39	0,41
Operating Profit Margin	5,76 %	7,14 %	−0,14 %	14,41 %
Current Ratio	2,09	1,92	2,16	1,81
Quick Ratio	2,5	3,4	2,49	1,81
Equity Ratio	0,45	0,38	0,47	0,39
Gross Profit Margin	39,83 %	47,15 %	43,69 %	48,81 %