MODALSLI RØR AS

4405 FLEKKEFJORD

Finances

Return on Equity

36,04 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 025 000	44 716 000	37 451 000	35 876 000
Net Income	2 534 000	2 192 000	2 011 000	1 404 000
Total Assets	19 654 000	18 515 000	14 758 000	14 734 000
Total Equity	7 032 000	7 266 000	6 646 000	6 584 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 025 000	44 716 000	37 451 000	35 876 000
Expenditure	51 765 000	41 823 000	34 874 000	34 065 000
Operating Profit	1 259 000	2 894 000	2 577 000	1 811 000
Financial Income	1 706 000	45 000	54 000	47 000
Financial Costs	146 000	110 000	48 000	47 000
Financial Balance	1 560 000	−65 000	6 000	0
Earnings Before Tax	2 819 000	2 828 000	2 583 000	1 811 000
Tax	284 000	636 000	571 000	407 000
Net Income	2 534 000	2 192 000	2 011 000	1 404 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 187 000	1 993 000	1 770 000	2 018 000
Total Current Assets	17 466 000	16 522 000	12 988 000	12 717 000
Total Assets	19 654 000	18 515 000	14 758 000	14 734 000
Total Retained Equity	448 000	682 000	61 000	0
Total Equity	7 032 000	7 266 000	6 646 000	6 584 000
Total Long-Term Debt	150 000	450 000	125 000	425 000
Total Current Debt	12 472 000	10 799 000	7 988 000	7 725 000
Total Equity and Debt	19 654 000	18 515 000	14 758 000	14 734 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	53 025 000	44 686 000	37 451 000	35 876 000
Other Income	0	30 000	0	0
Revenue	53 025 000	44 716 000	37 451 000	35 876 000
Cost of Goods Sold	22 938 000	18 117 000	16 150 000	16 894 000
Salary Costs	17 784 000	14 904 000	11 798 000	10 675 000
Depreciation	188 000	165 000	179 000	177 000
Impairment	0	0	400 000	0
Expenditure	51 765 000	41 823 000	34 874 000	34 065 000
Operating Profit	1 259 000	2 894 000	2 577 000	1 811 000
Financial Income	1 706 000	45 000	54 000	47 000
Financial Costs	146 000	110 000	48 000	47 000
Financial Balance	1 560 000	−65 000	6 000	0
Dividends	0	0	0	0
Net Income	2 534 000	2 192 000	2 011 000	1 404 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	368 000	356 000	327 000	279 000
Real Eastate	543 000	543 000	543 000	943 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	779 000	594 000	400 000	295 000
Total Tangible Assets	1 322 000	1 137 000	943 000	1 238 000
Total Fiancial Fixed Assets	497 000	500 000	500 000	500 000
Total Fixed Assets	2 187 000	1 993 000	1 770 000	2 018 000
Stock	7 883 000	4 875 000	4 163 000	3 991 000
Total Investments	0	0	0	0
Cash, Bank	617 000	597 000	2 423 000	2 247 000
Total Current Assets	17 466 000	16 522 000	12 988 000	12 717 000
Total Assets	19 654 000	18 515 000	14 758 000	14 734 000
Total Equity	7 032 000	7 266 000	6 646 000	6 584 000
Short-Term Group Debt	0	5 000	2 500 000	684 000
Total Long-Term Debt	150 000	450 000	125 000	425 000
Creditors	6 402 000	4 307 000	2 370 000	2 843 000
Unpaid Taxes	2 278 000	2 344 000	1 632 000	1 512 000
Dividends	0	0	0	0
Other Current Debt	1 933 000	1 789 000	1 416 000	2 273 000
Total Current Debt	12 472 000	10 799 000	7 988 000	7 725 000
Total Equity and Debt	19 654 000	18 515 000	14 758 000	14 734 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,04 %	30,17 %	30,26 %	21,32 %
Debt-to-Equity Ratio	0,02	0,06	0,02	0,06
Operating Profit Margin	2,37 %	6,47 %	6,88 %	5,05 %
Current Ratio	1,4	1,53	1,63	1,65
Quick Ratio	3,81	2,79	3,4	3,41
Equity Ratio	0,36	0,39	0,45	0,45
Gross Profit Margin	56,74 %	59,48 %	56,88 %	52,91 %