MARTHINSEN DRIVSTOFF AS

9146 OLDERDALEN

Finances

Share Ownership

Return on Equity

80,06 %

Current Ratio

9,24

Debt-to-Equity Ratio

1,64

Key figures (NOK)	2022	2021	2020
Revenue	396 000	454 000	378 000
Net Income	257 000	283 000	2 000
Total Assets	902 000	579 000	204 000
Total Equity	321 000	143 000	80 000

Income (NOK)	2022	2021	2020
Revenue	396 000	454 000	378 000
Expenditure	101 000	79 000	296 000
Operating Profit	295 000	375 000	82 000
Financial Income	0	0	0
Financial Costs	1 000	1 000	0
Financial Balance	−1 000	−1 000	0
Earnings Before Tax	294 000	375 000	82 000
Tax	37 000	92 000	80 000
Net Income	257 000	283 000	2 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	403 000	431 000	0
Total Current Assets	499 000	148 000	204 000
Total Assets	902 000	579 000	204 000
Total Retained Equity	183 000	5 000	−58 000
Total Equity	321 000	143 000	80 000
Total Long-Term Debt	527 000	620 000	0
Total Current Debt	54 000	−184 000	124 000
Total Equity and Debt	902 000	579 000	204 000

Cash flow (NOK)	2022	2021	2020
Sales Income	310 000	310 000	0
Other Income	86 000	144 000	378 000
Revenue	396 000	454 000	378 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	261 000
Depreciation	67 000	62 000	0
Impairment	0	0	0
Expenditure	101 000	79 000	296 000
Operating Profit	295 000	375 000	82 000
Financial Income	0	0	0
Financial Costs	1 000	1 000	0
Financial Balance	−1 000	−1 000	0
Dividends	0	0	0
Net Income	257 000	283 000	2 000

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	403 000	0	0
Fixtures	0	431 000	0
Total Tangible Assets	403 000	431 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	403 000	431 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	45 000	148 000	194 000
Total Current Assets	499 000	148 000	204 000
Total Assets	902 000	579 000	204 000
Total Equity	321 000	143 000	80 000
Short-Term Group Debt	2 000	−259 000	0
Total Long-Term Debt	527 000	620 000	0
Creditors	2 000	−1 000	0
Unpaid Taxes	0	76 000	4 000
Dividends	0	0	0
Other Current Debt	0	0	40 000
Total Current Debt	54 000	−184 000	124 000
Total Equity and Debt	902 000	579 000	204 000

Financial indicators	2022	2021	2020
Return on Equity	80,06 %	197,9 %	2,5 %
Debt-to-Equity Ratio	1,64	4,34	0
Operating Profit Margin	74,49 %	82,6 %	21,69 %
Current Ratio	9,24	−0,8	1,65
Quick Ratio	9,24	−0,8	1,65
Equity Ratio	0,36	0,25	0,39
Gross Profit Margin	100 %	100 %	100 %