MADSEN EIENDOM AS

7652 VERDAL

Finances

Share Ownership

Return on Equity

16,34 %

Current Ratio

0,25

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 269 000	4 084 000	4 029 000	4 010 000
Net Income	2 543 000	2 228 000	2 139 000	1 930 000
Total Assets	27 549 000	27 875 000	28 075 000	28 421 000
Total Equity	15 566 000	13 023 000	10 795 000	9 656 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 269 000	4 084 000	4 029 000	4 010 000
Expenditure	661 000	688 000	658 000	694 000
Operating Profit	3 607 000	3 396 000	3 371 000	3 316 000
Financial Income	0	0	0	0
Financial Costs	347 000	539 000	629 000	841 000
Financial Balance	−347 000	−539 000	−629 000	−841 000
Earnings Before Tax	3 261 000	2 857 000	2 742 000	2 475 000
Tax	717 000	629 000	603 000	544 000
Net Income	2 543 000	2 228 000	2 139 000	1 930 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 231 000	27 622 000	28 011 000	28 400 000
Total Current Assets	318 000	254 000	64 000	22 000
Total Assets	27 549 000	27 875 000	28 075 000	28 421 000
Total Retained Equity	9 213 000	6 669 000	4 441 000	3 302 000
Total Equity	15 566 000	13 023 000	10 795 000	9 656 000
Total Long-Term Debt	10 709 000	12 702 000	14 687 000	16 662 000
Total Current Debt	1 274 000	2 150 000	2 593 000	2 103 000
Total Equity and Debt	27 549 000	27 875 000	28 075 000	28 421 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 000	69 000	70 000	105 000
Other Income	4 229 000	4 015 000	3 960 000	3 905 000
Revenue	4 269 000	4 084 000	4 029 000	4 010 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	390 000	389 000	389 000	389 000
Impairment	0	0	0	0
Expenditure	661 000	688 000	658 000	694 000
Operating Profit	3 607 000	3 396 000	3 371 000	3 316 000
Financial Income	0	0	0	0
Financial Costs	347 000	539 000	629 000	841 000
Financial Balance	−347 000	−539 000	−629 000	−841 000
Dividends	0	0	1 000 000	1 000 000
Net Income	2 543 000	2 228 000	2 139 000	1 930 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	27 231 000	27 622 000	28 011 000	28 400 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	27 231 000	27 622 000	28 011 000	28 400 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	27 231 000	27 622 000	28 011 000	28 400 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	303 000	240 000	51 000	9 000
Total Current Assets	318 000	254 000	64 000	22 000
Total Assets	27 549 000	27 875 000	28 075 000	28 421 000
Total Equity	15 566 000	13 023 000	10 795 000	9 656 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 709 000	12 702 000	14 687 000	16 662 000
Creditors	16 000	4 000	1 000	11 000
Unpaid Taxes	172 000	164 000	162 000	160 000
Dividends	0	0	1 000 000	1 000 000
Other Current Debt	429 000	1 423 000	904 000	475 000
Total Current Debt	1 274 000	2 150 000	2 593 000	2 103 000
Total Equity and Debt	27 549 000	27 875 000	28 075 000	28 421 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,34 %	17,11 %	19,81 %	19,99 %
Debt-to-Equity Ratio	0,69	0,98	1,36	1,73
Operating Profit Margin	84,49 %	83,15 %	83,67 %	82,69 %
Current Ratio	0,25	0,12	0,02	0,01
Quick Ratio	0,25	0,12	0,02	0,01
Equity Ratio	0,57	0,47	0,38	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %