MODALEN BORETTSLAG

3160 STOKKE

Finances

Share Ownership

Return on Equity

−40,67 %

Current Ratio

8,74

Debt-to-Equity Ratio

−13,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 726 000	1 664 000	1 585 000	1 455 000
Net Income	434 000	559 000	−625 000	342 000
Total Assets	13 887 000	13 749 000	13 504 000	13 972 000
Total Equity	−1 067 000	−1 502 000	−2 061 000	−1 436 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 726 000	1 664 000	1 585 000	1 455 000
Expenditure	1 044 000	928 000	1 970 000	820 000
Operating Profit	682 000	736 000	−386 000	635 000
Financial Income	10 000	1 000	4 000	13 000
Financial Costs	258 000	178 000	243 000	306 000
Financial Balance	−248 000	−177 000	−239 000	−293 000
Earnings Before Tax	434 000	559 000	−625 000	342 000
Tax	0	0	0	0
Net Income	434 000	559 000	−625 000	342 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 665 000	12 665 000	12 829 000	12 827 000
Total Current Assets	1 223 000	1 085 000	674 000	1 145 000
Total Assets	13 887 000	13 749 000	13 504 000	13 972 000
Total Retained Equity	−1 070 000	−1 504 000	−2 063 000	−1 439 000
Total Equity	−1 067 000	−1 502 000	−2 061 000	−1 436 000
Total Long-Term Debt	14 815 000	15 109 000	15 448 000	15 271 000
Total Current Debt	140 000	142 000	116 000	137 000
Total Equity and Debt	13 887 000	13 749 000	13 504 000	13 972 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 726 000	1 664 000	1 585 000	1 455 000
Revenue	1 726 000	1 664 000	1 585 000	1 455 000
Cost of Goods Sold	0	0	0	0
Salary Costs	132 000	127 000	123 000	105 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 044 000	928 000	1 970 000	820 000
Operating Profit	682 000	736 000	−386 000	635 000
Financial Income	10 000	1 000	4 000	13 000
Financial Costs	258 000	178 000	243 000	306 000
Financial Balance	−248 000	−177 000	−239 000	−293 000
Dividends	0	0	0	0
Net Income	434 000	559 000	−625 000	342 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 542 000	12 542 000	12 542 000	12 542 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	122 000	122 000	0	0
Total Tangible Assets	12 665 000	12 665 000	12 542 000	12 542 000
Total Fiancial Fixed Assets	0	0	287 000	285 000
Total Fixed Assets	12 665 000	12 665 000	12 829 000	12 827 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 104 000	974 000	561 000	1 008 000
Total Current Assets	1 223 000	1 085 000	674 000	1 145 000
Total Assets	13 887 000	13 749 000	13 504 000	13 972 000
Total Equity	−1 067 000	−1 502 000	−2 061 000	−1 436 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 815 000	15 109 000	15 448 000	15 271 000
Creditors	135 000	132 000	107 000	101 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	10 000	9 000	36 000
Total Current Debt	140 000	142 000	116 000	137 000
Total Equity and Debt	13 887 000	13 749 000	13 504 000	13 972 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,67 %	−37,22 %	30,33 %	−23,82 %
Debt-to-Equity Ratio	−13,88	−10,06	−7,5	−10,63
Operating Profit Margin	39,51 %	44,23 %	−24,35 %	43,64 %
Current Ratio	8,74	7,64	5,81	8,36
Quick Ratio	8,74	7,64	5,81	8,36
Equity Ratio	−0,08	−0,11	−0,15	−0,1
Gross Profit Margin	100 %	100 %	100 %	100 %