MODAL AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

24,9 %

Current Ratio

0,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	461 000	431 000	417 000	410 000
Net Income	129 000	−80 000	−14 000	4 000
Total Assets	1 877 000	1 870 000	1 771 000	1 799 000
Total Equity	518 000	483 000	563 000	577 000

Income (NOK)	2022	2021	2020	2019
Revenue	461 000	431 000	417 000	410 000
Expenditure	295 000	534 000	436 000	404 000
Operating Profit	166 000	−102 000	−18 000	7 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	2 000
Financial Balance	−1 000	0	0	−2 000
Earnings Before Tax	165 000	−102 000	−18 000	5 000
Tax	36 000	−23 000	−4 000	1 000
Net Income	129 000	−80 000	−14 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 073 000	979 000	689 000	762 000
Total Current Assets	803 000	891 000	1 082 000	1 037 000
Total Assets	1 877 000	1 870 000	1 771 000	1 799 000
Total Retained Equity	404 000	369 000	449 000	463 000
Total Equity	518 000	483 000	563 000	577 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 359 000	1 387 000	1 208 000	1 222 000
Total Equity and Debt	1 877 000	1 870 000	1 771 000	1 799 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	461 000	431 000	417 000	410 000
Revenue	461 000	431 000	417 000	410 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	74 000	75 000	83 000	83 000
Impairment	0	0	0	0
Expenditure	295 000	534 000	436 000	404 000
Operating Profit	166 000	−102 000	−18 000	7 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	2 000
Financial Balance	−1 000	0	0	−2 000
Dividends	0	0	0	0
Net Income	129 000	−80 000	−14 000	4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	68 000	78 000	55 000	46 000
Real Eastate	1 005 000	901 000	614 000	669 000
Machinery and Plant Facilities	0	0	10 000	27 000
Fixtures	0	0	10 000	21 000
Total Tangible Assets	1 005 000	901 000	634 000	716 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 073 000	979 000	689 000	762 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	792 000	881 000	1 082 000	1 028 000
Total Current Assets	803 000	891 000	1 082 000	1 037 000
Total Assets	1 877 000	1 870 000	1 771 000	1 799 000
Total Equity	518 000	483 000	563 000	577 000
Short-Term Group Debt	1 281 000	0	0	1 162 000
Total Long-Term Debt	0	0	0	0
Creditors	31 000	160 000	7 000	23 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	48 000	1 228 000	1 196 000	28 000
Total Current Debt	1 359 000	1 387 000	1 208 000	1 222 000
Total Equity and Debt	1 877 000	1 870 000	1 771 000	1 799 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,9 %	−16,56 %	−2,49 %	0,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	36,01 %	−23,67 %	−4,32 %	1,71 %
Current Ratio	0,59	0,64	0,9	0,85
Quick Ratio	0,59	0,64	0,9	0,85
Equity Ratio	0,28	0,26	0,32	0,32
Gross Profit Margin	100 %	100 %	100 %	100 %