MILJØSERVICE VEST AS

4262 AVALDSNES

Finances

Share Ownership

Return on Equity

95,25 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 027 000	23 579 000	24 545 000	23 241 000
Net Income	6 965 000	4 107 000	4 056 000	2 524 000
Total Assets	20 473 000	15 957 000	16 648 000	13 793 000
Total Equity	7 312 000	6 347 000	7 240 000	6 684 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 027 000	23 579 000	24 545 000	23 241 000
Expenditure	22 176 000	18 399 000	19 412 000	20 017 000
Operating Profit	9 851 000	5 181 000	5 131 000	3 224 000
Financial Income	156 000	87 000	82 000	83 000
Financial Costs	844 000	7 000	14 000	69 000
Financial Balance	−688 000	80 000	68 000	14 000
Earnings Before Tax	9 164 000	5 262 000	5 200 000	3 238 000
Tax	2 199 000	1 155 000	1 144 000	714 000
Net Income	6 965 000	4 107 000	4 056 000	2 524 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 445 000	5 266 000	5 905 000	5 870 000
Total Current Assets	17 028 000	10 691 000	10 743 000	7 923 000
Total Assets	20 473 000	15 957 000	16 648 000	13 793 000
Total Retained Equity	6 951 000	5 986 000	6 879 000	6 323 000
Total Equity	7 312 000	6 347 000	7 240 000	6 684 000
Total Long-Term Debt	0	0	0	397 000
Total Current Debt	13 161 000	9 610 000	9 408 000	6 712 000
Total Equity and Debt	20 473 000	15 957 000	16 648 000	13 793 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 542 000	21 527 000	22 627 000	21 806 000
Other Income	1 485 000	2 052 000	1 918 000	1 434 000
Revenue	32 027 000	23 579 000	24 545 000	23 241 000
Cost of Goods Sold	5 430 000	3 535 000	6 317 000	6 377 000
Salary Costs	6 954 000	6 527 000	5 842 000	6 004 000
Depreciation	858 000	926 000	936 000	876 000
Impairment	0	0	0	0
Expenditure	22 176 000	18 399 000	19 412 000	20 017 000
Operating Profit	9 851 000	5 181 000	5 131 000	3 224 000
Financial Income	156 000	87 000	82 000	83 000
Financial Costs	844 000	7 000	14 000	69 000
Financial Balance	−688 000	80 000	68 000	14 000
Dividends	6 000 000	5 000 000	3 500 000	1 700 000
Net Income	6 965 000	4 107 000	4 056 000	2 524 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	124 000	54 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 588 000	3 338 000	4 100 000	4 928 000
Total Tangible Assets	2 588 000	3 338 000	4 100 000	4 928 000
Total Fiancial Fixed Assets	827 000	1 804 000	1 752 000	942 000
Total Fixed Assets	3 445 000	5 266 000	5 905 000	5 870 000
Stock	0	0	0	0
Total Investments	4 264 000	5 002 000	0	0
Cash, Bank	9 218 000	3 031 000	7 289 000	4 938 000
Total Current Assets	17 028 000	10 691 000	10 743 000	7 923 000
Total Assets	20 473 000	15 957 000	16 648 000	13 793 000
Total Equity	7 312 000	6 347 000	7 240 000	6 684 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	397 000
Creditors	1 609 000	565 000	769 000	1 320 000
Unpaid Taxes	810 000	881 000	1 161 000	905 000
Dividends	6 000 000	5 000 000	3 500 000	1 700 000
Other Current Debt	2 637 000	3 939 000	3 884 000	2 013 000
Total Current Debt	13 161 000	9 610 000	9 408 000	6 712 000
Total Equity and Debt	20 473 000	15 957 000	16 648 000	13 793 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,25 %	64,71 %	56,02 %	37,76 %
Debt-to-Equity Ratio	0	0	0	0,06
Operating Profit Margin	30,76 %	21,97 %	20,9 %	13,87 %
Current Ratio	1,29	1,11	1,14	1,18
Quick Ratio	1,29	1,11	1,14	1,18
Equity Ratio	0,36	0,4	0,43	0,48
Gross Profit Margin	83,05 %	85,01 %	74,26 %	72,56 %