MARTINSEN COMMUNICATION & MARKETING AS

1476 RASTA

Finances

Return on Equity

3,37 %

Current Ratio

0,07

Debt-to-Equity Ratio

−0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	175 000	634 000	817 000	672 000
Net Income	−3 000	20 000	45 000	97 000
Total Assets	388 000	371 000	404 000	322 000
Total Equity	−89 000	−86 000	−105 000	−150 000

Income (NOK)	2022	2021	2020	2019
Revenue	175 000	634 000	817 000	672 000
Expenditure	178 000	607 000	698 000	597 000
Operating Profit	−3 000	26 000	120 000	75 000
Financial Income	0	0	0	50 000
Financial Costs	0	0	61 000	0
Financial Balance	0	0	−61 000	50 000
Earnings Before Tax	−3 000	26 000	59 000	125 000
Tax	0	6 000	14 000	28 000
Net Income	−3 000	20 000	45 000	97 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	358 000	340 000	340 000	0
Total Current Assets	30 000	31 000	64 000	322 000
Total Assets	388 000	371 000	404 000	322 000
Total Retained Equity	−189 000	−186 000	−205 000	−250 000
Total Equity	−89 000	−86 000	−105 000	−150 000
Total Long-Term Debt	40 000	92 000	166 000	230 000
Total Current Debt	437 000	365 000	343 000	243 000
Total Equity and Debt	388 000	371 000	404 000	322 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	175 000	634 000	817 000	655 000
Other Income	0	0	0	16 000
Revenue	175 000	634 000	817 000	672 000
Cost of Goods Sold	0	−2 000	0	0
Salary Costs	159 000	431 000	492 000	564 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	178 000	607 000	698 000	597 000
Operating Profit	−3 000	26 000	120 000	75 000
Financial Income	0	0	0	50 000
Financial Costs	0	0	61 000	0
Financial Balance	0	0	−61 000	50 000
Dividends	0	0	0	0
Net Income	−3 000	20 000	45 000	97 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	358 000	340 000	340 000	0
Total Fixed Assets	358 000	340 000	340 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	31 000	56 000	55 000
Total Current Assets	30 000	31 000	64 000	322 000
Total Assets	388 000	371 000	404 000	322 000
Total Equity	−89 000	−86 000	−105 000	−150 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 000	92 000	166 000	230 000
Creditors	24 000	32 000	107 000	1 000
Unpaid Taxes	3 000	54 000	75 000	65 000
Dividends	0	0	0	0
Other Current Debt	410 000	272 000	147 000	149 000
Total Current Debt	437 000	365 000	343 000	243 000
Total Equity and Debt	388 000	371 000	404 000	322 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,37 %	−23,26 %	−42,86 %	−64,67 %
Debt-to-Equity Ratio	−0,45	−1,07	−1,58	−1,53
Operating Profit Margin	−1,71 %	4,1 %	14,69 %	11,16 %
Current Ratio	0,07	0,08	0,19	1,33
Quick Ratio	0,07	0,08	0,19	1,33
Equity Ratio	−0,23	−0,23	−0,26	−0,47
Gross Profit Margin	100 %	100,32 %	100 %	100 %