MELLEM OG MARTINSEN AS

1473 LØRENSKOG

Finances

Return on Equity

2,25 %

Current Ratio

2,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 663 000	21 354 000	22 003 000	18 738 000
Net Income	141 000	569 000	1 332 000	247 000
Total Assets	8 831 000	7 797 000	7 874 000	6 046 000
Total Equity	6 277 000	6 136 000	5 567 000	4 235 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 663 000	21 354 000	22 003 000	18 738 000
Expenditure	21 467 000	20 610 000	20 326 000	18 450 000
Operating Profit	196 000	744 000	1 678 000	287 000
Financial Income	4 000	3 000	10 000	7 000
Financial Costs	7 000	2 000	22 000	8 000
Financial Balance	−3 000	1 000	−12 000	−1 000
Earnings Before Tax	193 000	745 000	1 665 000	286 000
Tax	52 000	175 000	334 000	39 000
Net Income	141 000	569 000	1 332 000	247 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 534 000	1 236 000	1 057 000	1 151 000
Total Current Assets	7 298 000	6 561 000	6 818 000	4 895 000
Total Assets	8 831 000	7 797 000	7 874 000	6 046 000
Total Retained Equity	6 177 000	6 036 000	5 467 000	4 135 000
Total Equity	6 277 000	6 136 000	5 567 000	4 235 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 554 000	1 660 000	2 307 000	1 810 000
Total Equity and Debt	8 831 000	7 797 000	7 874 000	6 046 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 753 000	21 354 000	22 003 000	18 738 000
Other Income	−90 000	0	0	0
Revenue	21 663 000	21 354 000	22 003 000	18 738 000
Cost of Goods Sold	16 070 000	16 113 000	16 163 000	13 735 000
Salary Costs	3 809 000	3 185 000	2 933 000	2 908 000
Depreciation	106 000	158 000	94 000	94 000
Impairment	0	0	0	0
Expenditure	21 467 000	20 610 000	20 326 000	18 450 000
Operating Profit	196 000	744 000	1 678 000	287 000
Financial Income	4 000	3 000	10 000	7 000
Financial Costs	7 000	2 000	22 000	8 000
Financial Balance	−3 000	1 000	−12 000	−1 000
Dividends	0	0	0	0
Net Income	141 000	569 000	1 332 000	247 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	897 000	897 000	897 000	897 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	616 000	338 000	159 000	253 000
Total Tangible Assets	1 513 000	1 235 000	1 056 000	1 151 000
Total Fiancial Fixed Assets	21 000	1 000	1 000	1 000
Total Fixed Assets	1 534 000	1 236 000	1 057 000	1 151 000
Stock	454 000	596 000	520 000	619 000
Total Investments	0	0	0	0
Cash, Bank	3 361 000	4 097 000	3 858 000	2 551 000
Total Current Assets	7 298 000	6 561 000	6 818 000	4 895 000
Total Assets	8 831 000	7 797 000	7 874 000	6 046 000
Total Equity	6 277 000	6 136 000	5 567 000	4 235 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 259 000	549 000	1 156 000	872 000
Unpaid Taxes	715 000	503 000	482 000	563 000
Dividends	0	0	0	0
Other Current Debt	529 000	434 000	335 000	336 000
Total Current Debt	2 554 000	1 660 000	2 307 000	1 810 000
Total Equity and Debt	8 831 000	7 797 000	7 874 000	6 046 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,25 %	9,27 %	23,93 %	5,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,9 %	3,48 %	7,63 %	1,53 %
Current Ratio	2,86	3,95	2,96	2,7
Quick Ratio	3,48	6,17	3,82	4,11
Equity Ratio	0,71	0,79	0,71	0,7
Gross Profit Margin	25,82 %	24,54 %	26,54 %	26,7 %