MALVIK VARMEPUMPER AS

7550 HOMMELVIK

Finances

Share Ownership

Return on Equity

29,73 %

Current Ratio

1,29

Debt-to-Equity Ratio

1,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	822 000	894 000	438 000	246 000
Net Income	44 000	67 000	−33 000	45 000
Total Assets	719 000	456 000	233 000	235 000
Total Equity	148 000	103 000	37 000	70 000

Income (NOK)	2022	2021	2020	2019
Revenue	822 000	894 000	438 000	246 000
Expenditure	766 000	817 000	469 000	189 000
Operating Profit	57 000	77 000	−31 000	57 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	2 000	0
Financial Balance	−1 000	−1 000	−2 000	0
Earnings Before Tax	57 000	76 000	−33 000	57 000
Tax	13 000	10 000	0	11 000
Net Income	44 000	67 000	−33 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	342 000	53 000	71 000	0
Total Current Assets	377 000	403 000	161 000	235 000
Total Assets	719 000	456 000	233 000	235 000
Total Retained Equity	123 000	79 000	12 000	45 000
Total Equity	148 000	103 000	37 000	70 000
Total Long-Term Debt	279 000	119 000	135 000	20 000
Total Current Debt	292 000	234 000	61 000	146 000
Total Equity and Debt	719 000	456 000	233 000	235 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	822 000	894 000	438 000	246 000
Other Income	0	0	0	0
Revenue	822 000	894 000	438 000	246 000
Cost of Goods Sold	601 000	648 000	332 000	136 000
Salary Costs	2 000	0	0	0
Depreciation	28 000	18 000	18 000	0
Impairment	0	0	0	0
Expenditure	766 000	817 000	469 000	189 000
Operating Profit	57 000	77 000	−31 000	57 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	2 000	0
Financial Balance	−1 000	−1 000	−2 000	0
Dividends	0	0	0	0
Net Income	44 000	67 000	−33 000	45 000

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	342 000	53 000	71 000	0
Total Tangible Assets	342 000	53 000	71 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	342 000	53 000	71 000	0
Stock	182 000	131 000	0	0
Total Investments	0	0	0	0
Cash, Bank	163 000	198 000	92 000	119 000
Total Current Assets	377 000	403 000	161 000	235 000
Total Assets	719 000	456 000	233 000	235 000
Total Equity	148 000	103 000	37 000	70 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	279 000	119 000	135 000	20 000
Creditors	281 000	225 000	61 000	125 000
Unpaid Taxes	9 000	0	1 000	10 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	292 000	234 000	61 000	146 000
Total Equity and Debt	719 000	456 000	233 000	235 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,73 %	65,05 %	−89,19 %	64,29 %
Debt-to-Equity Ratio	1,89	1,16	3,65	0,29
Operating Profit Margin	6,93 %	8,61 %	−7,08 %	23,17 %
Current Ratio	1,29	1,72	2,64	1,61
Quick Ratio	3,43	3,91	2,64	1,61
Equity Ratio	0,21	0,23	0,16	0,3
Gross Profit Margin	26,89 %	27,52 %	24,2 %	44,72 %