MALERMESTRENE INDRE ØSTLAND AS

2836 BIRI

Finances

Share Ownership

Return on Equity

38,68 %

Current Ratio

1,75

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 489 000	29 089 000	29 065 000	35 349 000
Net Income	2 357 000	3 606 000	3 899 000	4 233 000
Total Assets	15 061 000	17 542 000	14 393 000	14 807 000
Total Equity	6 094 000	6 195 000	7 351 000	8 975 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 489 000	29 089 000	29 065 000	35 349 000
Expenditure	22 557 000	24 459 000	24 354 000	29 883 000
Operating Profit	2 931 000	4 630 000	4 711 000	5 466 000
Financial Income	126 000	6 000	273 000	26 000
Financial Costs	34 000	12 000	59 000	64 000
Financial Balance	92 000	−6 000	214 000	−38 000
Earnings Before Tax	3 023 000	4 624 000	4 925 000	5 427 000
Tax	666 000	1 018 000	1 026 000	1 194 000
Net Income	2 357 000	3 606 000	3 899 000	4 233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 396 000	636 000	355 000	2 715 000
Total Current Assets	13 665 000	16 907 000	14 038 000	12 091 000
Total Assets	15 061 000	17 542 000	14 393 000	14 807 000
Total Retained Equity	5 654 000	5 755 000	6 911 000	8 535 000
Total Equity	6 094 000	6 195 000	7 351 000	8 975 000
Total Long-Term Debt	1 165 000	386 000	320 000	1 256 000
Total Current Debt	7 803 000	10 961 000	6 721 000	4 576 000
Total Equity and Debt	15 061 000	17 542 000	14 393 000	14 807 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 439 000	29 086 000	29 002 000	35 349 000
Other Income	50 000	3 000	62 000	0
Revenue	25 489 000	29 089 000	29 065 000	35 349 000
Cost of Goods Sold	6 928 000	8 811 000	10 038 000	14 120 000
Salary Costs	12 013 000	12 432 000	11 621 000	12 749 000
Depreciation	315 000	241 000	166 000	204 000
Impairment	0	0	0	0
Expenditure	22 557 000	24 459 000	24 354 000	29 883 000
Operating Profit	2 931 000	4 630 000	4 711 000	5 466 000
Financial Income	126 000	6 000	273 000	26 000
Financial Costs	34 000	12 000	59 000	64 000
Financial Balance	92 000	−6 000	214 000	−38 000
Dividends	0	0	0	0
Net Income	2 357 000	3 606 000	3 899 000	4 233 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 000	6 000	0	37 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 364 000	630 000	355 000	478 000
Total Tangible Assets	1 364 000	630 000	355 000	478 000
Total Fiancial Fixed Assets	0	0	0	2 200 000
Total Fixed Assets	1 396 000	636 000	355 000	2 715 000
Stock	2 152 000	2 469 000	2 534 000	2 430 000
Total Investments	0	0	0	0
Cash, Bank	430 000	469 000	6 369 000	5 967 000
Total Current Assets	13 665 000	16 907 000	14 038 000	12 091 000
Total Assets	15 061 000	17 542 000	14 393 000	14 807 000
Total Equity	6 094 000	6 195 000	7 351 000	8 975 000
Short-Term Group Debt	3 318 000	6 106 000	3 042 000	0
Total Long-Term Debt	1 165 000	386 000	320 000	1 256 000
Creditors	1 980 000	1 661 000	971 000	654 000
Unpaid Taxes	1 153 000	1 733 000	1 458 000	1 411 000
Dividends	0	0	0	0
Other Current Debt	1 352 000	1 462 000	1 251 000	1 328 000
Total Current Debt	7 803 000	10 961 000	6 721 000	4 576 000
Total Equity and Debt	15 061 000	17 542 000	14 393 000	14 807 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,68 %	58,21 %	53,04 %	47,16 %
Debt-to-Equity Ratio	0,19	0,06	0,04	0,14
Operating Profit Margin	11,5 %	15,92 %	16,21 %	15,46 %
Current Ratio	1,75	1,54	2,09	2,64
Quick Ratio	2,42	1,99	3,35	5,63
Equity Ratio	0,4	0,35	0,51	0,61
Gross Profit Margin	72,82 %	69,71 %	65,46 %	60,06 %