MODERNISERING AS

1350 LOMMEDALEN

Finances

Share Ownership

Return on Equity

22,38 %

Current Ratio

0,23

Debt-to-Equity Ratio

−1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 540 000	1 716 000	1 875 000	0
Net Income	−32 000	−97 000	−45 000	0
Total Assets	401 000	636 000	818 000	30 000
Total Equity	−143 000	−111 000	−15 000	30 000

Income (NOK)	2022	2021	2020
Revenue	1 540 000	1 716 000	1 875 000
Expenditure	1 573 000	1 828 000	1 953 000
Operating Profit	−33 000	−113 000	−43 000
Financial Income	3 000	0	0
Financial Costs	11 000	11 000	14 000
Financial Balance	−8 000	−11 000	−14 000
Earnings Before Tax	−41 000	−124 000	−57 000
Tax	−9 000	−27 000	−13 000
Net Income	−32 000	−97 000	−45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	314 000	388 000	469 000	0
Total Current Assets	87 000	249 000	349 000	30 000
Total Assets	401 000	636 000	818 000	30 000
Total Retained Equity	−173 000	−141 000	−45 000	0
Total Equity	−143 000	−111 000	−15 000	30 000
Total Long-Term Debt	171 000	251 000	328 000	0
Total Current Debt	373 000	497 000	505 000	0
Total Equity and Debt	401 000	636 000	818 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 540 000	1 716 000	1 875 000
Other Income	0	0	0
Revenue	1 540 000	1 716 000	1 875 000
Cost of Goods Sold	427 000	608 000	794 000
Salary Costs	811 000	869 000	786 000
Depreciation	83 000	109 000	142 000
Impairment	0	0	0
Expenditure	1 573 000	1 828 000	1 953 000
Operating Profit	−33 000	−113 000	−43 000
Financial Income	3 000	0	0
Financial Costs	11 000	11 000	14 000
Financial Balance	−8 000	−11 000	−14 000
Dividends	0	0	0
Net Income	−32 000	−97 000	−45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	49 000	40 000	13 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	249 000	328 000	431 000	0
Fixtures	16 000	20 000	25 000	0
Total Tangible Assets	265 000	348 000	456 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	314 000	388 000	469 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	74 000	249 000	180 000	30 000
Total Current Assets	87 000	249 000	349 000	30 000
Total Assets	401 000	636 000	818 000	30 000
Total Equity	−143 000	−111 000	−15 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	171 000	251 000	328 000	0
Creditors	41 000	57 000	34 000	0
Unpaid Taxes	40 000	123 000	134 000	0
Dividends	0	0	0	0
Other Current Debt	293 000	318 000	336 000	0
Total Current Debt	373 000	497 000	505 000	0
Total Equity and Debt	401 000	636 000	818 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,38 %	87,39 %	300 %	0 %
Debt-to-Equity Ratio	−1,2	−2,26	−21,87	0
Operating Profit Margin	−2,14 %	−6,59 %	−2,29 %	-
Current Ratio	0,23	0,5	0,69	-
Quick Ratio	0,23	0,5	0,69	-
Equity Ratio	−0,36	−0,17	−0,02	1
Gross Profit Margin	72,27 %	64,57 %	57,65 %	-