MADSEN & ÅSHEIM AS

8050 TVERLANDET

Finances

Share Ownership

Return on Equity

64,54 %

Current Ratio

2,78

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020
Revenue	767 000	472 000	5 000
Net Income	162 000	113 000	−49 000
Total Assets	310 000	298 000	316 000
Total Equity	251 000	89 000	−24 000

Income (NOK)	2022	2021	2020
Revenue	767 000	472 000	5 000
Expenditure	560 000	326 000	69 000
Operating Profit	208 000	145 000	−64 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	208 000	145 000	−64 000
Tax	46 000	32 000	−15 000
Net Income	162 000	113 000	−49 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	168 000	226 000	300 000
Total Current Assets	142 000	72 000	16 000
Total Assets	310 000	298 000	316 000
Total Retained Equity	227 000	65 000	−49 000
Total Equity	251 000	89 000	−24 000
Total Long-Term Debt	8 000	203 000	340 000
Total Current Debt	51 000	5 000	0
Total Equity and Debt	310 000	298 000	316 000

Cash flow (NOK)	2022	2021	2020
Sales Income	767 000	472 000	5 000
Other Income	0	0	0
Revenue	767 000	472 000	5 000
Cost of Goods Sold	470 000	64 000	58 000
Salary Costs	0	0	0
Depreciation	59 000	59 000	10 000
Impairment	0	0	0
Expenditure	560 000	326 000	69 000
Operating Profit	208 000	145 000	−64 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	162 000	113 000	−49 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	15 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	168 000	226 000	285 000
Total Tangible Assets	168 000	226 000	285 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	168 000	226 000	300 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	120 000	72 000	16 000
Total Current Assets	142 000	72 000	16 000
Total Assets	310 000	298 000	316 000
Total Equity	251 000	89 000	−24 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	8 000	203 000	340 000
Creditors	−1 000	2 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	0	0
Total Current Debt	51 000	5 000	0
Total Equity and Debt	310 000	298 000	316 000

Financial indicators	2022	2021	2020
Return on Equity	64,54 %	126,97 %	204,17 %
Debt-to-Equity Ratio	0,03	2,28	−14,17
Operating Profit Margin	27,12 %	30,72 %	−1 280 %
Current Ratio	2,78	14,4	-
Quick Ratio	2,78	14,4	-
Equity Ratio	0,81	0,3	−0,08
Gross Profit Margin	38,72 %	86,44 %	−1 060 %