M ØDEGAARD AS

2322 RIDABU

Finances

Share Ownership

Return on Equity

21,48 %

Current Ratio

2,2

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 217 000	1 628 000	1 000 000	909 000
Net Income	157 000	−99 000	127 000	1 000
Total Assets	1 558 000	1 431 000	1 559 000	1 377 000
Total Equity	731 000	573 000	672 000	545 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 217 000	1 628 000	1 000 000	909 000
Expenditure	994 000	1 732 000	838 000	872 000
Operating Profit	222 000	−104 000	162 000	37 000
Financial Income	1 000	1 000	2 000	1 000
Financial Costs	21 000	24 000	32 000	37 000
Financial Balance	−20 000	−23 000	−30 000	−36 000
Earnings Before Tax	202 000	−127 000	132 000	1 000
Tax	44 000	−28 000	5 000	0
Net Income	157 000	−99 000	127 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	383 000	417 000	514 000	647 000
Total Current Assets	1 174 000	1 015 000	1 045 000	730 000
Total Assets	1 558 000	1 431 000	1 559 000	1 377 000
Total Retained Equity	431 000	273 000	372 000	245 000
Total Equity	731 000	573 000	672 000	545 000
Total Long-Term Debt	293 000	427 000	560 000	694 000
Total Current Debt	534 000	432 000	327 000	138 000
Total Equity and Debt	1 558 000	1 431 000	1 559 000	1 377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 217 000	1 628 000	1 000 000	909 000
Other Income	0	0	0	0
Revenue	1 217 000	1 628 000	1 000 000	909 000
Cost of Goods Sold	714 000	1 423 000	569 000	548 000
Salary Costs	0	0	0	0
Depreciation	183 000	156 000	156 000	156 000
Impairment	0	0	0	0
Expenditure	994 000	1 732 000	838 000	872 000
Operating Profit	222 000	−104 000	162 000	37 000
Financial Income	1 000	1 000	2 000	1 000
Financial Costs	21 000	24 000	32 000	37 000
Financial Balance	−20 000	−23 000	−30 000	−36 000
Dividends	0	0	0	0
Net Income	157 000	−99 000	127 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	98 000	82 000	23 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	285 000	335 000	491 000	647 000
Fixtures	0	0	0	0
Total Tangible Assets	285 000	335 000	491 000	647 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	383 000	417 000	514 000	647 000
Stock	1 089 000	859 000	943 000	528 000
Total Investments	7 000	7 000	7 000	7 000
Cash, Bank	24 000	73 000	64 000	24 000
Total Current Assets	1 174 000	1 015 000	1 045 000	730 000
Total Assets	1 558 000	1 431 000	1 559 000	1 377 000
Total Equity	731 000	573 000	672 000	545 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	293 000	427 000	560 000	694 000
Creditors	401 000	336 000	0	9 000
Unpaid Taxes	23 000	11 000	41 000	7 000
Dividends	0	0	0	0
Other Current Debt	50 000	54 000	257 000	122 000
Total Current Debt	534 000	432 000	327 000	138 000
Total Equity and Debt	1 558 000	1 431 000	1 559 000	1 377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,48 %	−17,28 %	18,9 %	0,18 %
Debt-to-Equity Ratio	0,4	0,75	0,83	1,27
Operating Profit Margin	18,24 %	−6,39 %	16,2 %	4,07 %
Current Ratio	2,2	2,35	3,2	5,29
Quick Ratio	−2,12	−2,38	−1,7	−1,87
Equity Ratio	0,47	0,4	0,43	0,4
Gross Profit Margin	41,33 %	12,59 %	43,1 %	39,71 %