MADSENS REGNSKAPSKONTOR AS

8250 ROGNAN

Finances

Return on Equity

13,5 %

Current Ratio

6,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 162 000	4 247 000	4 473 000	4 046 000
Net Income	618 000	906 000	801 000	666 000
Total Assets	5 455 000	5 005 000	4 195 000	3 342 000
Total Equity	4 578 000	3 959 000	3 053 000	2 252 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 162 000	4 247 000	4 473 000	4 046 000
Expenditure	3 331 000	3 305 000	3 579 000	3 371 000
Operating Profit	831 000	942 000	893 000	675 000
Financial Income	76 000	177 000	113 000	148 000
Financial Costs	113 000	0	0	2 000
Financial Balance	−37 000	177 000	113 000	146 000
Earnings Before Tax	794 000	1 119 000	1 006 000	821 000
Tax	176 000	213 000	206 000	155 000
Net Income	618 000	906 000	801 000	666 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	24 000	55 000	90 000
Total Current Assets	5 447 000	4 981 000	4 140 000	3 252 000
Total Assets	5 455 000	5 005 000	4 195 000	3 342 000
Total Retained Equity	4 378 000	3 759 000	2 853 000	2 052 000
Total Equity	4 578 000	3 959 000	3 053 000	2 252 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	877 000	1 046 000	1 142 000	1 089 000
Total Equity and Debt	5 455 000	5 005 000	4 195 000	3 342 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 159 000	4 247 000	4 473 000	4 046 000
Other Income	3 000	0	0	0
Revenue	4 162 000	4 247 000	4 473 000	4 046 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 877 000	2 658 000	2 829 000	2 657 000
Depreciation	16 000	31 000	35 000	36 000
Impairment	0	0	0	0
Expenditure	3 331 000	3 305 000	3 579 000	3 371 000
Operating Profit	831 000	942 000	893 000	675 000
Financial Income	76 000	177 000	113 000	148 000
Financial Costs	113 000	0	0	2 000
Financial Balance	−37 000	177 000	113 000	146 000
Dividends	0	0	0	0
Net Income	618 000	906 000	801 000	666 000

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	3 000	19 000	50 000	85 000
Total Tangible Assets	3 000	19 000	50 000	85 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	8 000	24 000	55 000	90 000
Stock	0	0	0	0
Total Investments	1 167 000	1 281 000	1 117 000	1 020 000
Cash, Bank	4 250 000	3 598 000	2 955 000	2 077 000
Total Current Assets	5 447 000	4 981 000	4 140 000	3 252 000
Total Assets	5 455 000	5 005 000	4 195 000	3 342 000
Total Equity	4 578 000	3 959 000	3 053 000	2 252 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	52 000	35 000	53 000
Unpaid Taxes	407 000	343 000	413 000	405 000
Dividends	0	0	0	0
Other Current Debt	293 000	438 000	489 000	323 000
Total Current Debt	877 000	1 046 000	1 142 000	1 089 000
Total Equity and Debt	5 455 000	5 005 000	4 195 000	3 342 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,5 %	22,88 %	26,24 %	29,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,97 %	22,18 %	19,96 %	16,68 %
Current Ratio	6,21	4,76	3,63	2,99
Quick Ratio	6,21	4,76	3,63	2,99
Equity Ratio	0,84	0,79	0,73	0,67
Gross Profit Margin	100 %	100 %	100 %	100 %