MODULERA AS

3208 SANDEFJORD

Finances

Return on Equity

25,98 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 648 000	8 164 000	3 503 000	839 000
Net Income	166 000	294 000	69 000	87 000
Total Assets	3 962 000	3 537 000	1 713 000	541 000
Total Equity	639 000	473 000	179 000	110 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 648 000	8 164 000	3 503 000	839 000
Expenditure	11 392 000	7 758 000	3 406 000	724 000
Operating Profit	256 000	406 000	97 000	115 000
Financial Income	1 000	0	0	0
Financial Costs	36 000	17 000	6 000	6 000
Financial Balance	−35 000	−17 000	−6 000	−6 000
Earnings Before Tax	221 000	390 000	91 000	110 000
Tax	54 000	96 000	22 000	22 000
Net Income	166 000	294 000	69 000	87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	714 000	451 000	491 000	186 000
Total Current Assets	3 248 000	3 085 000	1 222 000	355 000
Total Assets	3 962 000	3 537 000	1 713 000	541 000
Total Retained Equity	609 000	443 000	149 000	80 000
Total Equity	639 000	473 000	179 000	110 000
Total Long-Term Debt	295 000	252 000	304 000	189 000
Total Current Debt	3 028 000	2 812 000	1 230 000	243 000
Total Equity and Debt	3 962 000	3 537 000	1 713 000	541 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 344 000	7 987 000	3 499 000	839 000
Other Income	304 000	177 000	3 000	0
Revenue	11 648 000	8 164 000	3 503 000	839 000
Cost of Goods Sold	1 018 000	584 000	664 000	57 000
Salary Costs	7 869 000	5 425 000	2 119 000	537 000
Depreciation	68 000	102 000	50 000	13 000
Impairment	0	0	0	0
Expenditure	11 392 000	7 758 000	3 406 000	724 000
Operating Profit	256 000	406 000	97 000	115 000
Financial Income	1 000	0	0	0
Financial Costs	36 000	17 000	6 000	6 000
Financial Balance	−35 000	−17 000	−6 000	−6 000
Dividends	0	0	0	0
Net Income	166 000	294 000	69 000	87 000

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	420 000	451 000	491 000	186 000
Total Tangible Assets	420 000	451 000	491 000	186 000
Total Fiancial Fixed Assets	294 000	0	0	0
Total Fixed Assets	714 000	451 000	491 000	186 000
Stock	30 000	30 000	0	0
Total Investments	0	0	0	0
Cash, Bank	955 000	1 210 000	431 000	160 000
Total Current Assets	3 248 000	3 085 000	1 222 000	355 000
Total Assets	3 962 000	3 537 000	1 713 000	541 000
Total Equity	639 000	473 000	179 000	110 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	295 000	252 000	304 000	189 000
Creditors	245 000	224 000	151 000	22 000
Unpaid Taxes	1 241 000	1 224 000	375 000	152 000
Dividends	0	0	0	0
Other Current Debt	1 492 000	1 268 000	696 000	54 000
Total Current Debt	3 028 000	2 812 000	1 230 000	243 000
Total Equity and Debt	3 962 000	3 537 000	1 713 000	541 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,98 %	62,16 %	38,55 %	79,09 %
Debt-to-Equity Ratio	0,46	0,53	1,7	1,72
Operating Profit Margin	2,2 %	4,97 %	2,77 %	13,71 %
Current Ratio	1,07	1,1	0,99	1,46
Quick Ratio	1,08	1,11	0,99	1,46
Equity Ratio	0,16	0,13	0,1	0,2
Gross Profit Margin	91,26 %	92,85 %	81,04 %	93,21 %