MODULVEGGER STAVANGER AS

4313 SANDNES

Finances

Return on Equity

−14,6 %

Current Ratio

2,24

Debt-to-Equity Ratio

2,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 653 000	61 123 000	49 216 000	92 720 000
Net Income	−610 000	−38 000	−810 000	−8 125 000
Total Assets	26 173 000	15 493 000	17 971 000	26 912 000
Total Equity	4 177 000	−5 352 000	−2 815 000	−2 005 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 653 000	61 123 000	49 216 000	92 720 000
Expenditure	68 225 000	61 021 000	49 838 000	102 959 000
Operating Profit	−573 000	102 000	−622 000	−10 239 000
Financial Income	22 000	8 000	3 000	4 000
Financial Costs	224 000	155 000	416 000	177 000
Financial Balance	−202 000	−147 000	−413 000	−173 000
Earnings Before Tax	−775 000	−45 000	−1 035 000	−10 413 000
Tax	−164 000	−7 000	−225 000	−2 288 000
Net Income	−610 000	−38 000	−810 000	−8 125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	−851 000	1 927 000	1 703 000	1 491 000
Total Current Assets	27 024 000	13 567 000	16 268 000	25 421 000
Total Assets	26 173 000	15 493 000	17 971 000	26 912 000
Total Retained Equity	3 430 000	−6 100 000	−3 562 000	−2 752 000
Total Equity	4 177 000	−5 352 000	−2 815 000	−2 005 000
Total Long-Term Debt	9 929 000	9 755 000	9 612 000	8 400 000
Total Current Debt	12 066 000	11 090 000	11 173 000	20 516 000
Total Equity and Debt	26 173 000	15 493 000	17 971 000	26 912 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	67 632 000	61 020 000	49 058 000	92 719 000
Other Income	20 000	103 000	158 000	1 000
Revenue	67 653 000	61 123 000	49 216 000	92 720 000
Cost of Goods Sold	34 782 000	28 421 000	20 084 000	64 262 000
Salary Costs	29 003 000	27 939 000	26 120 000	35 443 000
Depreciation	82 000	17 000	10 000	11 000
Impairment	0	0	0	0
Expenditure	68 225 000	61 021 000	49 838 000	102 959 000
Operating Profit	−573 000	102 000	−622 000	−10 239 000
Financial Income	22 000	8 000	3 000	4 000
Financial Costs	224 000	155 000	416 000	177 000
Financial Balance	−202 000	−147 000	−413 000	−173 000
Dividends	0	0	0	0
Net Income	−610 000	−38 000	−810 000	−8 125 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	−1 047 000	1 649 000	1 642 000	1 417 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	193 000	276 000	57 000	61 000
Total Tangible Assets	193 000	276 000	57 000	61 000
Total Fiancial Fixed Assets	2 000	2 000	5 000	13 000
Total Fixed Assets	−851 000	1 927 000	1 703 000	1 491 000
Stock	2 210 000	2 266 000	2 111 000	2 062 000
Total Investments	0	0	0	0
Cash, Bank	1 174 000	1 569 000	4 172 000	4 868 000
Total Current Assets	27 024 000	13 567 000	16 268 000	25 421 000
Total Assets	26 173 000	15 493 000	17 971 000	26 912 000
Total Equity	4 177 000	−5 352 000	−2 815 000	−2 005 000
Short-Term Group Debt	2 000	−979 000	1 005 000	0
Total Long-Term Debt	9 929 000	9 755 000	9 612 000	8 400 000
Creditors	4 505 000	4 544 000	3 232 000	12 646 000
Unpaid Taxes	3 011 000	3 631 000	2 876 000	2 275 000
Dividends	0	0	0	0
Other Current Debt	4 549 000	3 894 000	4 060 000	5 596 000
Total Current Debt	12 066 000	11 090 000	11 173 000	20 516 000
Total Equity and Debt	26 173 000	15 493 000	17 971 000	26 912 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,6 %	0,71 %	28,77 %	405,24 %
Debt-to-Equity Ratio	2,38	−1,82	−3,41	−4,19
Operating Profit Margin	−0,85 %	0,17 %	−1,26 %	−11,04 %
Current Ratio	2,24	1,22	1,46	1,24
Quick Ratio	2,74	1,54	1,8	1,38
Equity Ratio	0,16	−0,35	−0,16	−0,07
Gross Profit Margin	48,59 %	53,5 %	59,19 %	30,69 %