OLE JONNY MADSEN MASKINENTREPRENØR AS

3946 PORSGRUNN

Finances

Share Ownership

Return on Equity

5,95 %

Current Ratio

2,07

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 604 000	19 989 000	20 669 000	16 097 000
Net Income	561 000	2 029 000	96 000	114 000
Total Assets	15 110 000	15 489 000	13 220 000	12 660 000
Total Equity	9 427 000	10 008 000	7 979 000	8 153 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 604 000	19 989 000	20 669 000	16 097 000
Expenditure	19 825 000	17 306 000	20 476 000	15 867 000
Operating Profit	779 000	2 683 000	194 000	230 000
Financial Income	21 000	0	8 000	8 000
Financial Costs	76 000	78 000	74 000	82 000
Financial Balance	−55 000	−78 000	−66 000	−74 000
Earnings Before Tax	724 000	2 605 000	128 000	156 000
Tax	163 000	576 000	32 000	41 000
Net Income	561 000	2 029 000	96 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 048 000	7 478 000	7 704 000	7 229 000
Total Current Assets	9 061 000	8 011 000	5 517 000	5 431 000
Total Assets	15 110 000	15 489 000	13 220 000	12 660 000
Total Retained Equity	9 377 000	9 958 000	7 929 000	8 103 000
Total Equity	9 427 000	10 008 000	7 979 000	8 153 000
Total Long-Term Debt	1 304 000	2 030 000	2 566 000	1 675 000
Total Current Debt	4 378 000	3 451 000	2 676 000	2 832 000
Total Equity and Debt	15 110 000	15 489 000	13 220 000	12 660 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 341 000	19 334 000	20 355 000	15 728 000
Other Income	263 000	654 000	314 000	369 000
Revenue	20 604 000	19 989 000	20 669 000	16 097 000
Cost of Goods Sold	3 285 000	4 132 000	7 875 000	2 355 000
Salary Costs	5 858 000	5 170 000	5 404 000	5 821 000
Depreciation	1 868 000	1 931 000	1 850 000	1 902 000
Impairment	0	0	56 000	0
Expenditure	19 825 000	17 306 000	20 476 000	15 867 000
Operating Profit	779 000	2 683 000	194 000	230 000
Financial Income	21 000	0	8 000	8 000
Financial Costs	76 000	78 000	74 000	82 000
Financial Balance	−55 000	−78 000	−66 000	−74 000
Dividends	0	0	0	0
Net Income	561 000	2 029 000	96 000	114 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	821 000	821 000	821 000	821 000
Machinery and Plant Facilities	3 133 000	3 539 000	3 953 000	2 794 000
Fixtures	2 094 000	3 118 000	2 930 000	3 614 000
Total Tangible Assets	6 048 000	7 478 000	7 704 000	7 229 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 048 000	7 478 000	7 704 000	7 229 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 202 000	3 219 000	2 761 000	2 229 000
Total Current Assets	9 061 000	8 011 000	5 517 000	5 431 000
Total Assets	15 110 000	15 489 000	13 220 000	12 660 000
Total Equity	9 427 000	10 008 000	7 979 000	8 153 000
Short-Term Group Debt	1 469 000	0	346 000	0
Total Long-Term Debt	1 304 000	2 030 000	2 566 000	1 675 000
Creditors	957 000	1 007 000	392 000	584 000
Unpaid Taxes	1 296 000	1 399 000	863 000	1 067 000
Dividends	0	0	0	0
Other Current Debt	656 000	499 000	1 075 000	1 084 000
Total Current Debt	4 378 000	3 451 000	2 676 000	2 832 000
Total Equity and Debt	15 110 000	15 489 000	13 220 000	12 660 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,95 %	20,27 %	1,2 %	1,4 %
Debt-to-Equity Ratio	0,14	0,2	0,32	0,21
Operating Profit Margin	3,78 %	13,42 %	0,94 %	1,43 %
Current Ratio	2,07	2,32	2,06	1,92
Quick Ratio	2,07	2,32	2,06	1,92
Equity Ratio	0,62	0,65	0,6	0,64
Gross Profit Margin	84,06 %	79,33 %	61,9 %	85,37 %