MODALEN INVEST AS

3215 SANDEFJORD

Finances

Return on Equity

6,55 %

Current Ratio

6,96

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	2 655 000
Net Income	6 384 000	41 856 000	6 247 000	98 087 000
Total Assets	117 382 000	118 913 000	93 321 000	114 822 000
Total Equity	97 531 000	109 147 000	91 291 000	93 007 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	2 655 000
Expenditure	645 000	−510 000	176 000	2 515 000
Operating Profit	−645 000	510 000	−176 000	140 000
Financial Income	16 094 000	43 960 000	7 588 000	99 872 000
Financial Costs	9 083 000	2 406 000	1 206 000	2 163 000
Financial Balance	7 011 000	41 554 000	6 382 000	97 709 000
Earnings Before Tax	6 366 000	42 063 000	6 206 000	97 849 000
Tax	−18 000	207 000	−41 000	−239 000
Net Income	6 384 000	41 856 000	6 247 000	98 087 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 313 000	52 800 000	54 452 000	71 878 000
Total Current Assets	65 068 000	66 114 000	38 868 000	42 944 000
Total Assets	117 382 000	118 913 000	93 321 000	114 822 000
Total Retained Equity	97 431 000	109 047 000	91 191 000	93 088 000
Total Equity	97 531 000	109 147 000	91 291 000	93 007 000
Total Long-Term Debt	10 502 000	520 000	298 000	19 738 000
Total Current Debt	9 348 000	9 246 000	1 731 000	2 077 000
Total Equity and Debt	117 382 000	118 913 000	93 321 000	114 822 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	2 655 000
Revenue	0	0	0	2 655 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	841 000
Impairment	0	0	0	0
Expenditure	645 000	−510 000	176 000	2 515 000
Operating Profit	−645 000	510 000	−176 000	140 000
Financial Income	16 094 000	43 960 000	7 588 000	99 872 000
Financial Costs	9 083 000	2 406 000	1 206 000	2 163 000
Financial Balance	7 011 000	41 554 000	6 382 000	97 709 000
Dividends	9 000 000	0	0	0
Net Income	6 384 000	41 856 000	6 247 000	98 087 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	23 312 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	50 000
Total Tangible Assets	0	0	0	23 363 000
Total Fiancial Fixed Assets	52 313 000	52 800 000	54 452 000	48 515 000
Total Fixed Assets	52 313 000	52 800 000	54 452 000	71 878 000
Stock	0	0	0	0
Total Investments	48 844 000	63 152 000	34 784 000	35 848 000
Cash, Bank	1 178 000	2 837 000	4 085 000	5 901 000
Total Current Assets	65 068 000	66 114 000	38 868 000	42 944 000
Total Assets	117 382 000	118 913 000	93 321 000	114 822 000
Total Equity	97 531 000	109 147 000	91 291 000	93 007 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 502 000	520 000	298 000	19 738 000
Creditors	0	0	0	160 000
Unpaid Taxes	0	0	0	74 000
Dividends	9 000 000	0	0	0
Other Current Debt	348 000	9 234 000	1 731 000	1 843 000
Total Current Debt	9 348 000	9 246 000	1 731 000	2 077 000
Total Equity and Debt	117 382 000	118 913 000	93 321 000	114 822 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,55 %	38,35 %	6,84 %	105,46 %
Debt-to-Equity Ratio	0,11	0	0	0,21
Operating Profit Margin	-	-	-	5,27 %
Current Ratio	6,96	7,15	22,45	20,68
Quick Ratio	6,96	7,15	22,45	20,68
Equity Ratio	0,83	0,92	0,98	0,81
Gross Profit Margin	-	-	-	100 %