MADSEN DRIFT AS

2843 EINA

Finances

Share Ownership

Return on Equity

23,21 %

Current Ratio

1,91

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020
Revenue	1 929 000	1 772 000	692 000
Net Income	146 000	423 000	31 000
Total Assets	1 063 000	989 000	318 000
Total Equity	629 000	484 000	61 000

Income (NOK)	2022	2021	2020
Revenue	1 929 000	1 772 000	692 000
Expenditure	1 736 000	1 225 000	656 000
Operating Profit	194 000	547 000	37 000
Financial Income	0	0	0
Financial Costs	7 000	5 000	0
Financial Balance	−7 000	−5 000	0
Earnings Before Tax	187 000	542 000	37 000
Tax	41 000	119 000	6 000
Net Income	146 000	423 000	31 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	521 000	382 000	55 000
Total Current Assets	543 000	606 000	264 000
Total Assets	1 063 000	989 000	318 000
Total Retained Equity	599 000	454 000	31 000
Total Equity	629 000	484 000	61 000
Total Long-Term Debt	149 000	206 000	3 000
Total Current Debt	284 000	299 000	255 000
Total Equity and Debt	1 063 000	989 000	318 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 929 000	1 753 000	692 000
Other Income	0	19 000	0
Revenue	1 929 000	1 772 000	692 000
Cost of Goods Sold	357 000	400 000	190 000
Salary Costs	598 000	155 000	6 000
Depreciation	99 000	21 000	12 000
Impairment	0	0	0
Expenditure	1 736 000	1 225 000	656 000
Operating Profit	194 000	547 000	37 000
Financial Income	0	0	0
Financial Costs	7 000	5 000	0
Financial Balance	−7 000	−5 000	0
Dividends	0	0	0
Net Income	146 000	423 000	31 000

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	508 000	359 000	55 000
Total Tangible Assets	508 000	359 000	55 000
Total Fiancial Fixed Assets	12 000	23 000	0
Total Fixed Assets	521 000	382 000	55 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	189 000	206 000	180 000
Total Current Assets	543 000	606 000	264 000
Total Assets	1 063 000	989 000	318 000
Total Equity	629 000	484 000	61 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	149 000	206 000	3 000
Creditors	100 000	98 000	54 000
Unpaid Taxes	63 000	78 000	17 000
Dividends	0	0	0
Other Current Debt	83 000	23 000	181 000
Total Current Debt	284 000	299 000	255 000
Total Equity and Debt	1 063 000	989 000	318 000

Financial indicators	2022	2021	2020
Return on Equity	23,21 %	87,4 %	50,82 %
Debt-to-Equity Ratio	0,24	0,43	0,05
Operating Profit Margin	10,06 %	30,87 %	5,35 %
Current Ratio	1,91	2,03	1,04
Quick Ratio	1,91	2,03	1,04
Equity Ratio	0,59	0,49	0,19
Gross Profit Margin	81,49 %	77,43 %	72,54 %