MVD HOLDING AS

9408 HARSTAD

Finances

Return on Equity

47,18 %

Current Ratio

2,63

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020
Revenue	7 493 000	5 416 000	1 859 000
Net Income	802 000	703 000	169 000
Total Assets	2 659 000	1 916 000	741 000
Total Equity	1 700 000	897 000	193 000

Income (NOK)	2022	2021	2020
Revenue	7 493 000	5 416 000	1 859 000
Expenditure	6 453 000	4 499 000	1 629 000
Operating Profit	1 039 000	917 000	229 000
Financial Income	1 000	0	0
Financial Costs	8 000	9 000	13 000
Financial Balance	−7 000	−9 000	−13 000
Earnings Before Tax	1 031 000	909 000	217 000
Tax	229 000	206 000	48 000
Net Income	802 000	703 000	169 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	371 000	262 000	161 000
Total Current Assets	2 287 000	1 654 000	579 000
Total Assets	2 659 000	1 916 000	741 000
Total Retained Equity	1 675 000	873 000	169 000
Total Equity	1 700 000	897 000	193 000
Total Long-Term Debt	89 000	113 000	136 000
Total Current Debt	871 000	906 000	411 000
Total Equity and Debt	2 659 000	1 916 000	741 000

Cash flow (NOK)	2022	2021	2020
Sales Income	7 485 000	5 395 000	1 859 000
Other Income	8 000	21 000	0
Revenue	7 493 000	5 416 000	1 859 000
Cost of Goods Sold	4 111 000	2 655 000	1 053 000
Salary Costs	1 837 000	1 484 000	373 000
Depreciation	125 000	63 000	36 000
Impairment	0	21 000	13 000
Expenditure	6 453 000	4 499 000	1 629 000
Operating Profit	1 039 000	917 000	229 000
Financial Income	1 000	0	0
Financial Costs	8 000	9 000	13 000
Financial Balance	−7 000	−9 000	−13 000
Dividends	0	0	0
Net Income	802 000	703 000	169 000

Balance details (NOK)	2022	2021	2020
Goodwill	21 000	0	0
Total Intangible Assets	21 000	26 000	32 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	291 000	236 000	129 000
Total Tangible Assets	291 000	236 000	129 000
Total Fiancial Fixed Assets	60 000	0	0
Total Fixed Assets	371 000	262 000	161 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 692 000	985 000	504 000
Total Current Assets	2 287 000	1 654 000	579 000
Total Assets	2 659 000	1 916 000	741 000
Total Equity	1 700 000	897 000	193 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	89 000	113 000	136 000
Creditors	153 000	71 000	107 000
Unpaid Taxes	252 000	296 000	61 000
Dividends	0	0	0
Other Current Debt	236 000	333 000	196 000
Total Current Debt	871 000	906 000	411 000
Total Equity and Debt	2 659 000	1 916 000	741 000

Financial indicators	2022	2021	2020
Return on Equity	47,18 %	78,37 %	87,56 %
Debt-to-Equity Ratio	0,05	0,13	0,7
Operating Profit Margin	13,87 %	16,93 %	12,32 %
Current Ratio	2,63	1,83	1,41
Quick Ratio	2,63	1,83	1,41
Equity Ratio	0,64	0,47	0,26
Gross Profit Margin	45,14 %	50,98 %	43,36 %