MADVERKET AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

−185,11 %

Current Ratio

1,13

Debt-to-Equity Ratio

−27,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 282 000	1 749 000	1 549 000	474 000
Net Income	87 000	−37 000	−86 000	−35 000
Total Assets	1 789 000	1 642 000	1 782 000	2 324 000
Total Equity	−47 000	−134 000	−97 000	−10 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 282 000	1 749 000	1 549 000	474 000
Expenditure	2 090 000	1 745 000	1 592 000	496 000
Operating Profit	193 000	3 000	−44 000	−22 000
Financial Income	0	0	0	0
Financial Costs	81 000	51 000	67 000	25 000
Financial Balance	−81 000	−51 000	−67 000	−25 000
Earnings Before Tax	112 000	−48 000	−111 000	−46 000
Tax	25 000	−11 000	−24 000	−11 000
Net Income	87 000	−37 000	−86 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 163 000	1 336 000	1 498 000	1 567 000
Total Current Assets	626 000	306 000	284 000	756 000
Total Assets	1 789 000	1 642 000	1 782 000	2 324 000
Total Retained Equity	−71 000	−159 000	−121 000	−35 000
Total Equity	−47 000	−134 000	−97 000	−10 000
Total Long-Term Debt	1 282 000	1 431 000	1 579 000	1 454 000
Total Current Debt	554 000	345 000	299 000	880 000
Total Equity and Debt	1 789 000	1 642 000	1 782 000	2 324 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 229 000	1 624 000	1 549 000	474 000
Other Income	53 000	125 000	0	0
Revenue	2 282 000	1 749 000	1 549 000	474 000
Cost of Goods Sold	1 132 000	1 049 000	859 000	247 000
Salary Costs	81 000	0	2 000	0
Depreciation	208 000	205 000	200 000	30 000
Impairment	0	0	0	0
Expenditure	2 090 000	1 745 000	1 592 000	496 000
Operating Profit	193 000	3 000	−44 000	−22 000
Financial Income	0	0	0	0
Financial Costs	81 000	51 000	67 000	25 000
Financial Balance	−81 000	−51 000	−67 000	−25 000
Dividends	0	0	0	0
Net Income	87 000	−37 000	−86 000	−35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	46 000	36 000	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 142 000	1 290 000	1 462 000	1 556 000
Total Tangible Assets	1 142 000	1 290 000	1 462 000	1 556 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 163 000	1 336 000	1 498 000	1 567 000
Stock	264 000	207 000	217 000	163 000
Total Investments	0	0	0	0
Cash, Bank	150 000	8 000	9 000	8 000
Total Current Assets	626 000	306 000	284 000	756 000
Total Assets	1 789 000	1 642 000	1 782 000	2 324 000
Total Equity	−47 000	−134 000	−97 000	−10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 282 000	1 431 000	1 579 000	1 454 000
Creditors	343 000	27 000	52 000	370 000
Unpaid Taxes	0	10 000	27 000	12 000
Dividends	0	0	0	0
Other Current Debt	211 000	79 000	35 000	117 000
Total Current Debt	554 000	345 000	299 000	880 000
Total Equity and Debt	1 789 000	1 642 000	1 782 000	2 324 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−185,11 %	27,61 %	88,66 %	350 %
Debt-to-Equity Ratio	−27,28	−10,68	−16,28	−145,4
Operating Profit Margin	8,46 %	0,17 %	−2,84 %	−4,64 %
Current Ratio	1,13	0,89	0,95	0,86
Quick Ratio	2,16	2,22	3,46	1,05
Equity Ratio	−0,03	−0,08	−0,05	−0
Gross Profit Margin	50,39 %	40,02 %	44,54 %	47,89 %