MÅSØVAL VARTDAL AS

6170 VARTDAL

Finances

Share Ownership

Return on Equity

18,4 %

Current Ratio

7,77

Debt-to-Equity Ratio

3,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 359 000	32 005 000	36 519 000	31 045 000
Net Income	4 795 000	−7 859 000	513 000	2 496 000
Total Assets	128 684 000	118 190 000	90 222 000	155 862 000
Total Equity	26 066 000	12 661 000	17 985 000	41 639 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 359 000	32 005 000	36 519 000	31 045 000
Expenditure	46 143 000	33 579 000	28 207 000	34 306 000
Operating Profit	8 447 000	−9 329 000	1 221 000	4 598 000
Financial Income	14 000	18 000	4 000	7 000
Financial Costs	2 314 000	769 000	565 000	1 404 000
Financial Balance	−2 300 000	−751 000	−561 000	−1 397 000
Earnings Before Tax	6 147 000	−10 080 000	659 000	3 201 000
Tax	1 352 000	−2 220 000	146 000	705 000
Net Income	4 795 000	−7 859 000	513 000	2 496 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 696 000	58 842 000	63 683 000	66 370 000
Total Current Assets	74 988 000	59 347 000	26 539 000	89 491 000
Total Assets	128 684 000	118 190 000	90 222 000	155 862 000
Total Retained Equity	−3 065 000	−7 859 000	0	7 214 000
Total Equity	26 066 000	12 661 000	17 985 000	41 639 000
Total Long-Term Debt	92 961 000	91 651 000	39 906 000	105 580 000
Total Current Debt	9 657 000	13 878 000	32 331 000	8 643 000
Total Equity and Debt	128 684 000	118 190 000	90 222 000	155 862 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 233 000	32 004 000	36 454 000	30 851 000
Other Income	127 000	1 000	65 000	193 000
Revenue	43 359 000	32 005 000	36 519 000	31 045 000
Cost of Goods Sold	22 154 000	14 860 000	11 466 000	16 244 000
Salary Costs	4 979 000	5 051 000	4 881 000	4 710 000
Depreciation	6 196 000	5 719 000	5 655 000	5 676 000
Impairment	0	0	0	0
Expenditure	46 143 000	33 579 000	28 207 000	34 306 000
Operating Profit	8 447 000	−9 329 000	1 221 000	4 598 000
Financial Income	14 000	18 000	4 000	7 000
Financial Costs	2 314 000	769 000	565 000	1 404 000
Financial Balance	−2 300 000	−751 000	−561 000	−1 397 000
Dividends	0	0	20 000 000	0
Net Income	4 795 000	−7 859 000	513 000	2 496 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	602 000	0	0	0
Machinery and Plant Facilities	51 434 000	58 169 000	26 719 000	27 571 000
Fixtures	1 660 000	673 000	904 000	1 058 000
Total Tangible Assets	53 696 000	58 842 000	58 280 000	60 606 000
Total Fiancial Fixed Assets	0	0	5 403 000	5 764 000
Total Fixed Assets	53 696 000	58 842 000	63 683 000	66 370 000
Stock	28 327 000	16 705 000	24 357 000	31 830 000
Total Investments	0	0	0	0
Cash, Bank	4 318 000	450 000	619 000	558 000
Total Current Assets	74 988 000	59 347 000	26 539 000	89 491 000
Total Assets	128 684 000	118 190 000	90 222 000	155 862 000
Total Equity	26 066 000	12 661 000	17 985 000	41 639 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	92 961 000	91 651 000	39 906 000	105 580 000
Creditors	6 082 000	6 060 000	2 308 000	5 171 000
Unpaid Taxes	2 618 000	7 087 000	400 000	2 904 000
Dividends	0	0	20 000 000	0
Other Current Debt	614 000	730 000	29 623 000	568 000
Total Current Debt	9 657 000	13 878 000	32 331 000	8 643 000
Total Equity and Debt	128 684 000	118 190 000	90 222 000	155 862 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,4 %	−62,07 %	2,85 %	5,99 %
Debt-to-Equity Ratio	3,57	7,24	2,22	2,54
Operating Profit Margin	19,48 %	−29,15 %	3,34 %	14,81 %
Current Ratio	7,77	4,28	0,82	10,35
Quick Ratio	−4,02	−20,99	3,33	−3,86
Equity Ratio	0,2	0,11	0,2	0,27
Gross Profit Margin	48,91 %	53,57 %	68,6 %	47,68 %