MODULEX NORGE AS

3044 DRAMMEN

Finances

Share Ownership

Return on Equity

−90,67 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 446 000	5 229 000	7 148 000	10 283 000
Net Income	−486 000	73 000	−163 000	340 000
Total Assets	1 514 000	1 857 000	2 085 000	3 103 000
Total Equity	536 000	1 021 000	949 000	1 112 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 446 000	5 229 000	7 148 000	10 283 000
Expenditure	4 914 000	5 133 000	7 329 000	9 825 000
Operating Profit	−468 000	96 000	−181 000	458 000
Financial Income	0	0	0	0
Financial Costs	6 000	3 000	27 000	19 000
Financial Balance	−6 000	−3 000	−27 000	−19 000
Earnings Before Tax	−474 000	94 000	−208 000	440 000
Tax	11 000	21 000	−44 000	100 000
Net Income	−486 000	73 000	−163 000	340 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	11 000	21 000	20 000
Total Current Assets	1 514 000	1 846 000	2 064 000	3 083 000
Total Assets	1 514 000	1 857 000	2 085 000	3 103 000
Total Retained Equity	13 000	499 000	426 000	590 000
Total Equity	536 000	1 021 000	949 000	1 112 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	978 000	836 000	1 136 000	1 990 000
Total Equity and Debt	1 514 000	1 857 000	2 085 000	3 103 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 446 000	5 079 000	7 003 000	10 283 000
Other Income	0	151 000	145 000	0
Revenue	4 446 000	5 229 000	7 148 000	10 283 000
Cost of Goods Sold	1 876 000	2 316 000	3 441 000	5 113 000
Salary Costs	1 706 000	1 543 000	2 172 000	3 163 000
Depreciation	0	0	0	7 000
Impairment	0	0	0	0
Expenditure	4 914 000	5 133 000	7 329 000	9 825 000
Operating Profit	−468 000	96 000	−181 000	458 000
Financial Income	0	0	0	0
Financial Costs	6 000	3 000	27 000	19 000
Financial Balance	−6 000	−3 000	−27 000	−19 000
Dividends	0	0	0	0
Net Income	−486 000	73 000	−163 000	340 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	11 000	21 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	11 000	21 000	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	244 000	601 000	849 000	871 000
Total Current Assets	1 514 000	1 846 000	2 064 000	3 083 000
Total Assets	1 514 000	1 857 000	2 085 000	3 103 000
Total Equity	536 000	1 021 000	949 000	1 112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	144 000	143 000	487 000	809 000
Unpaid Taxes	288 000	347 000	226 000	486 000
Dividends	0	0	0	0
Other Current Debt	545 000	334 000	424 000	601 000
Total Current Debt	978 000	836 000	1 136 000	1 990 000
Total Equity and Debt	1 514 000	1 857 000	2 085 000	3 103 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−90,67 %	7,15 %	−17,18 %	30,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,53 %	1,84 %	−2,53 %	4,45 %
Current Ratio	1,55	2,21	1,82	1,55
Quick Ratio	1,55	2,21	1,82	1,55
Equity Ratio	0,35	0,55	0,46	0,36
Gross Profit Margin	57,8 %	55,71 %	51,86 %	50,28 %