NORSK MASKINSERVICE AS

1400 SKI

Finances

Share Ownership

Return on Equity

14,75 %

Current Ratio

2,08

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 543 000	13 493 000	13 565 000	13 520 000
Net Income	337 000	487 000	694 000	320 000
Total Assets	4 701 000	5 104 000	4 895 000	4 002 000
Total Equity	2 284 000	1 947 000	1 710 000	1 016 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 543 000	13 493 000	13 565 000	13 520 000
Expenditure	12 087 000	12 833 000	12 639 000	13 073 000
Operating Profit	455 000	660 000	927 000	448 000
Financial Income	1 000	2 000	2 000	2 000
Financial Costs	43 000	34 000	33 000	40 000
Financial Balance	−42 000	−32 000	−31 000	−38 000
Earnings Before Tax	413 000	628 000	895 000	411 000
Tax	76 000	141 000	201 000	91 000
Net Income	337 000	487 000	694 000	320 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	405 000	82 000	119 000	162 000
Total Current Assets	4 296 000	5 022 000	4 776 000	3 840 000
Total Assets	4 701 000	5 104 000	4 895 000	4 002 000
Total Retained Equity	2 184 000	1 847 000	1 610 000	916 000
Total Equity	2 284 000	1 947 000	1 710 000	1 016 000
Total Long-Term Debt	351 000	35 000	27 000	121 000
Total Current Debt	2 066 000	3 123 000	3 158 000	2 865 000
Total Equity and Debt	4 701 000	5 104 000	4 895 000	4 002 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 543 000	13 493 000	13 565 000	13 520 000
Other Income	0	0	0	0
Revenue	12 543 000	13 493 000	13 565 000	13 520 000
Cost of Goods Sold	8 438 000	9 041 000	9 127 000	9 216 000
Salary Costs	2 761 000	2 954 000	2 648 000	2 990 000
Depreciation	26 000	38 000	64 000	61 000
Impairment	0	0	0	0
Expenditure	12 087 000	12 833 000	12 639 000	13 073 000
Operating Profit	455 000	660 000	927 000	448 000
Financial Income	1 000	2 000	2 000	2 000
Financial Costs	43 000	34 000	33 000	40 000
Financial Balance	−42 000	−32 000	−31 000	−38 000
Dividends	0	250 000	0	0
Net Income	337 000	487 000	694 000	320 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	399 000	65 000	92 000	0
Fixtures	7 000	17 000	28 000	162 000
Total Tangible Assets	405 000	82 000	119 000	162 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	405 000	82 000	119 000	162 000
Stock	2 816 000	2 443 000	2 633 000	2 217 000
Total Investments	0	0	0	0
Cash, Bank	941 000	2 104 000	1 672 000	1 247 000
Total Current Assets	4 296 000	5 022 000	4 776 000	3 840 000
Total Assets	4 701 000	5 104 000	4 895 000	4 002 000
Total Equity	2 284 000	1 947 000	1 710 000	1 016 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	351 000	35 000	27 000	121 000
Creditors	1 086 000	1 606 000	1 792 000	1 435 000
Unpaid Taxes	405 000	351 000	194 000	340 000
Dividends	0	250 000	0	0
Other Current Debt	500 000	774 000	968 000	869 000
Total Current Debt	2 066 000	3 123 000	3 158 000	2 865 000
Total Equity and Debt	4 701 000	5 104 000	4 895 000	4 002 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,75 %	25,01 %	40,58 %	31,5 %
Debt-to-Equity Ratio	0,15	0,02	0,02	0,12
Operating Profit Margin	3,63 %	4,89 %	6,83 %	3,31 %
Current Ratio	2,08	1,61	1,51	1,34
Quick Ratio	−5,73	7,39	9,1	5,93
Equity Ratio	0,49	0,38	0,35	0,25
Gross Profit Margin	32,73 %	32,99 %	32,72 %	31,83 %