MOMARKEN VARMEPUMPESERVICE AS

1850 MYSEN

Finances

Share Ownership

Return on Equity

64,73 %

Current Ratio

2,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	4 091 000	3 441 000	1 366 000
Net Income	991 000	527 000	483 000
Total Assets	2 796 000	1 674 000	861 000
Total Equity	1 531 000	1 040 000	513 000

Income (NOK)	2022	2021	2020
Revenue	4 091 000	3 441 000	1 366 000
Expenditure	2 824 000	2 769 000	745 000
Operating Profit	1 267 000	673 000	621 000
Financial Income	4 000	2 000	0
Financial Costs	0	0	2 000
Financial Balance	4 000	2 000	−2 000
Earnings Before Tax	1 271 000	675 000	619 000
Tax	280 000	149 000	136 000
Net Income	991 000	527 000	483 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	2 796 000	1 674 000	861 000
Total Assets	2 796 000	1 674 000	861 000
Total Retained Equity	1 501 000	1 010 000	483 000
Total Equity	1 531 000	1 040 000	513 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 264 000	634 000	348 000
Total Equity and Debt	2 796 000	1 674 000	861 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 091 000	3 441 000	1 365 000
Other Income	0	0	1 000
Revenue	4 091 000	3 441 000	1 366 000
Cost of Goods Sold	1 074 000	1 038 000	232 000
Salary Costs	1 394 000	1 391 000	329 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	2 824 000	2 769 000	745 000
Operating Profit	1 267 000	673 000	621 000
Financial Income	4 000	2 000	0
Financial Costs	0	0	2 000
Financial Balance	4 000	2 000	−2 000
Dividends	500 000	0	0
Net Income	991 000	527 000	483 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	87 000	86 000	10 000
Total Investments	0	0	0
Cash, Bank	2 431 000	1 445 000	803 000
Total Current Assets	2 796 000	1 674 000	861 000
Total Assets	2 796 000	1 674 000	861 000
Total Equity	1 531 000	1 040 000	513 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	61 000	145 000	−3 000
Unpaid Taxes	297 000	205 000	170 000
Dividends	500 000	0	0
Other Current Debt	127 000	136 000	44 000
Total Current Debt	1 264 000	634 000	348 000
Total Equity and Debt	2 796 000	1 674 000	861 000

Financial indicators	2022	2021	2020
Return on Equity	64,73 %	50,67 %	94,15 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	30,97 %	19,56 %	45,46 %
Current Ratio	2,21	2,64	2,47
Quick Ratio	2,38	3,05	2,55
Equity Ratio	0,55	0,62	0,6
Gross Profit Margin	73,75 %	69,83 %	83,02 %