AS MODESNITT

1776 HALDEN

Finances

Share Ownership

Return on Equity

171,51 %

Current Ratio

0,14

Debt-to-Equity Ratio

−5,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	519 000	366 000	396 000	409 000
Net Income	−909 000	−1 626 000	178 000	138 000
Total Assets	3 214 000	1 651 000	2 111 000	1 916 000
Total Equity	−530 000	379 000	2 004 000	1 826 000

Income (NOK)	2022	2021	2020	2019
Revenue	519 000	366 000	396 000	409 000
Expenditure	1 571 000	2 450 000	171 000	236 000
Operating Profit	−1 052 000	−2 084 000	226 000	173 000
Financial Income	0	0	3 000	4 000
Financial Costs	114 000	0	0	0
Financial Balance	−114 000	0	3 000	4 000
Earnings Before Tax	−1 165 000	−2 084 000	228 000	177 000
Tax	−256 000	−458 000	50 000	39 000
Net Income	−909 000	−1 626 000	178 000	138 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 083 000	1 589 000	1 199 000	1 221 000
Total Current Assets	130 000	62 000	912 000	694 000
Total Assets	3 214 000	1 651 000	2 111 000	1 916 000
Total Retained Equity	−630 000	279 000	1 904 000	1 726 000
Total Equity	−530 000	379 000	2 004 000	1 826 000
Total Long-Term Debt	2 799 000	0	45 000	48 000
Total Current Debt	945 000	1 272 000	61 000	42 000
Total Equity and Debt	3 214 000	1 651 000	2 111 000	1 916 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	519 000	366 000	396 000	409 000
Revenue	519 000	366 000	396 000	409 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	23 000	23 000	23 000	23 000
Impairment	0	0	0	0
Expenditure	1 571 000	2 450 000	171 000	236 000
Operating Profit	−1 052 000	−2 084 000	226 000	173 000
Financial Income	0	0	3 000	4 000
Financial Costs	114 000	0	0	0
Financial Balance	−114 000	0	3 000	4 000
Dividends	0	0	0	0
Net Income	−909 000	−1 626 000	178 000	138 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	669 000	413 000	0	0
Real Eastate	2 414 000	1 176 000	1 199 000	1 221 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 414 000	1 176 000	1 199 000	1 221 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 083 000	1 589 000	1 199 000	1 221 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	81 000	13 000	809 000	600 000
Total Current Assets	130 000	62 000	912 000	694 000
Total Assets	3 214 000	1 651 000	2 111 000	1 916 000
Total Equity	−530 000	379 000	2 004 000	1 826 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 799 000	0	45 000	48 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	945 000	1 272 000	8 000	0
Total Current Debt	945 000	1 272 000	61 000	42 000
Total Equity and Debt	3 214 000	1 651 000	2 111 000	1 916 000

Financial indicators	2022	2021	2020	2019
Return on Equity	171,51 %	−429,02 %	8,88 %	7,56 %
Debt-to-Equity Ratio	−5,28	0	0,02	0,03
Operating Profit Margin	−202,7 %	−569,4 %	57,07 %	42,3 %
Current Ratio	0,14	0,05	14,95	16,52
Quick Ratio	0,14	0,05	14,95	16,52
Equity Ratio	−0,16	0,23	0,95	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %