MADSEN EIENDOM AS

9406 HARSTAD

Finances

Share Ownership

Return on Equity

17,69 %

Current Ratio

8,29

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 522 000	0	82 000	13 900 000
Net Income	1 959 000	−180 000	84 000	1 668 000
Total Assets	14 014 000	21 798 000	32 087 000	62 503 000
Total Equity	11 074 000	9 114 000	9 295 000	9 211 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 522 000	0	82 000	13 900 000
Expenditure	388 000	231 000	229 000	722 000
Operating Profit	2 494 000	−231 000	−147 000	1 869 000
Financial Income	18 000	0	255 000	283 000
Financial Costs	0	0	0	13 000
Financial Balance	18 000	0	255 000	270 000
Earnings Before Tax	2 512 000	−231 000	107 000	2 139 000
Tax	553 000	−51 000	23 000	472 000
Net Income	1 959 000	−180 000	84 000	1 668 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 236 000	17 143 000	16 954 000	25 158 000
Total Current Assets	9 778 000	4 655 000	15 133 000	37 344 000
Total Assets	14 014 000	21 798 000	32 087 000	62 503 000
Total Retained Equity	10 974 000	9 014 000	9 195 000	9 111 000
Total Equity	11 074 000	9 114 000	9 295 000	9 211 000
Total Long-Term Debt	1 760 000	12 683 000	22 733 000	52 749 000
Total Current Debt	1 180 000	1 000	59 000	543 000
Total Equity and Debt	14 014 000	21 798 000	32 087 000	62 503 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 510 000	0	82 000	13 900 000
Other Income	12 000	0	0	0
Revenue	16 522 000	0	82 000	13 900 000
Cost of Goods Sold	0	0	0	135 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	388 000	231 000	229 000	722 000
Operating Profit	2 494 000	−231 000	−147 000	1 869 000
Financial Income	18 000	0	255 000	283 000
Financial Costs	0	0	0	13 000
Financial Balance	18 000	0	255 000	270 000
Dividends	0	0	0	0
Net Income	1 959 000	−180 000	84 000	1 668 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 236 000	17 143 000	16 954 000	16 862 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 236 000	17 143 000	16 954 000	16 862 000
Total Fiancial Fixed Assets	0	0	0	8 296 000
Total Fixed Assets	4 236 000	17 143 000	16 954 000	25 158 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 517 000	1 392 000	11 766 000	34 077 000
Total Current Assets	9 778 000	4 655 000	15 133 000	37 344 000
Total Assets	14 014 000	21 798 000	32 087 000	62 503 000
Total Equity	11 074 000	9 114 000	9 295 000	9 211 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 760 000	12 683 000	22 733 000	52 749 000
Creditors	654 000	1 000	21 000	18 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	32 000
Total Current Debt	1 180 000	1 000	59 000	543 000
Total Equity and Debt	14 014 000	21 798 000	32 087 000	62 503 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,69 %	−1,97 %	0,9 %	18,11 %
Debt-to-Equity Ratio	0,16	1,39	2,45	5,73
Operating Profit Margin	15,1 %	-	−179,27 %	13,45 %
Current Ratio	8,29	4 655	256,49	68,77
Quick Ratio	8,29	4 655	256,49	68,77
Equity Ratio	0,79	0,42	0,29	0,15
Gross Profit Margin	100 %	-	100 %	99,03 %