MODERN SOCIETY AS

3110 TØNSBERG

Finances

Share Ownership

Return on Equity

23,02 %

Current Ratio

4,29

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020
Revenue	8 694 000	7 440 000	3 873 000
Net Income	508 000	761 000	788 000
Total Assets	4 182 000	3 943 000	2 728 000
Total Equity	2 207 000	1 699 000	938 000

Income (NOK)	2022	2021	2020
Revenue	8 694 000	7 440 000	3 873 000
Expenditure	8 043 000	6 465 000	2 863 000
Operating Profit	651 000	976 000	1 010 000
Financial Income	9 000	5 000	0
Financial Costs	8 000	5 000	1 000
Financial Balance	1 000	0	−1 000
Earnings Before Tax	652 000	976 000	1 010 000
Tax	143 000	215 000	222 000
Net Income	508 000	761 000	788 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	4 182 000	3 943 000	2 728 000
Total Assets	4 182 000	3 943 000	2 728 000
Total Retained Equity	2 057 000	1 549 000	788 000
Total Equity	2 207 000	1 699 000	938 000
Total Long-Term Debt	1 000 000	1 000 000	1 000 000
Total Current Debt	975 000	1 244 000	791 000
Total Equity and Debt	4 182 000	3 943 000	2 728 000

Cash flow (NOK)	2022	2021	2020
Sales Income	8 730 000	7 439 000	3 869 000
Other Income	−35 000	1 000	4 000
Revenue	8 694 000	7 440 000	3 873 000
Cost of Goods Sold	5 281 000	4 265 000	1 759 000
Salary Costs	1 572 000	1 249 000	597 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	8 043 000	6 465 000	2 863 000
Operating Profit	651 000	976 000	1 010 000
Financial Income	9 000	5 000	0
Financial Costs	8 000	5 000	1 000
Financial Balance	1 000	0	−1 000
Dividends	0	0	0
Net Income	508 000	761 000	788 000

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	2 408 000	1 597 000	993 000
Total Investments	0	0	0
Cash, Bank	1 765 000	2 329 000	1 730 000
Total Current Assets	4 182 000	3 943 000	2 728 000
Total Assets	4 182 000	3 943 000	2 728 000
Total Equity	2 207 000	1 699 000	938 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000 000	1 000 000	1 000 000
Creditors	252 000	448 000	250 000
Unpaid Taxes	250 000	311 000	176 000
Dividends	0	0	0
Other Current Debt	330 000	270 000	142 000
Total Current Debt	975 000	1 244 000	791 000
Total Equity and Debt	4 182 000	3 943 000	2 728 000

Financial indicators	2022	2021	2020
Return on Equity	23,02 %	44,79 %	84,01 %
Debt-to-Equity Ratio	0,45	0,59	1,07
Operating Profit Margin	7,49 %	13,12 %	26,08 %
Current Ratio	4,29	3,17	3,45
Quick Ratio	−2,92	−11,17	−13,5
Equity Ratio	0,53	0,43	0,34
Gross Profit Margin	39,26 %	42,67 %	54,58 %