MARTINSEN TRANSPORT AS

2360 RUDSHØGDA

Finances

Share Ownership

Return on Equity

23,29 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	186 347 000	159 334 000	152 866 000	188 113 000
Net Income	4 681 000	3 001 000	2 460 000	2 102 000
Total Assets	48 802 000	43 592 000	46 102 000	50 737 000
Total Equity	20 096 000	17 578 000	17 076 000	14 616 000

Income (NOK)	2022	2021	2020	2019
Revenue	186 347 000	159 334 000	152 866 000	188 113 000
Expenditure	180 270 000	155 569 000	149 348 000	185 100 000
Operating Profit	6 077 000	3 766 000	3 517 000	3 012 000
Financial Income	277 000	472 000	160 000	31 000
Financial Costs	354 000	389 000	523 000	331 000
Financial Balance	−77 000	83 000	−363 000	−300 000
Earnings Before Tax	6 001 000	3 848 000	3 155 000	2 712 000
Tax	1 320 000	847 000	695 000	610 000
Net Income	4 681 000	3 001 000	2 460 000	2 102 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 108 000	17 752 000	19 050 000	22 917 000
Total Current Assets	31 695 000	25 839 000	27 052 000	27 819 000
Total Assets	48 802 000	43 592 000	46 102 000	50 737 000
Total Retained Equity	15 941 000	13 422 000	12 921 000	10 461 000
Total Equity	20 096 000	17 578 000	17 076 000	14 616 000
Total Long-Term Debt	1 721 000	1 873 000	1 935 000	3 663 000
Total Current Debt	26 985 000	24 141 000	27 091 000	32 458 000
Total Equity and Debt	48 802 000	43 592 000	46 102 000	50 737 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	185 185 000	159 326 000	152 076 000	186 711 000
Other Income	1 162 000	8 000	790 000	1 402 000
Revenue	186 347 000	159 334 000	152 866 000	188 113 000
Cost of Goods Sold	78 752 000	66 537 000	64 766 000	82 254 000
Salary Costs	52 609 000	49 696 000	46 342 000	55 870 000
Depreciation	4 040 000	3 481 000	4 496 000	5 780 000
Impairment	0	0	0	0
Expenditure	180 270 000	155 569 000	149 348 000	185 100 000
Operating Profit	6 077 000	3 766 000	3 517 000	3 012 000
Financial Income	277 000	472 000	160 000	31 000
Financial Costs	354 000	389 000	523 000	331 000
Financial Balance	−77 000	83 000	−363 000	−300 000
Dividends	2 162 000	0	0	0
Net Income	4 681 000	3 001 000	2 460 000	2 102 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	115 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 217 000	13 642 000	14 818 000	18 756 000
Total Tangible Assets	15 217 000	13 642 000	14 818 000	18 871 000
Total Fiancial Fixed Assets	1 891 000	4 111 000	4 232 000	4 047 000
Total Fixed Assets	17 108 000	17 752 000	19 050 000	22 917 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	902 000	2 589 000	2 608 000
Total Current Assets	31 695 000	25 839 000	27 052 000	27 819 000
Total Assets	48 802 000	43 592 000	46 102 000	50 737 000
Total Equity	20 096 000	17 578 000	17 076 000	14 616 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 721 000	1 873 000	1 935 000	3 663 000
Creditors	10 465 000	6 028 000	6 335 000	7 171 000
Unpaid Taxes	5 017 000	4 934 000	4 708 000	5 044 000
Dividends	2 162 000	0	0	0
Other Current Debt	10 130 000	12 702 000	15 224 000	20 243 000
Total Current Debt	26 985 000	24 141 000	27 091 000	32 458 000
Total Equity and Debt	48 802 000	43 592 000	46 102 000	50 737 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,29 %	17,07 %	14,41 %	14,38 %
Debt-to-Equity Ratio	0,09	0,11	0,11	0,25
Operating Profit Margin	3,26 %	2,36 %	2,3 %	1,6 %
Current Ratio	1,17	1,07	1	0,86
Quick Ratio	1,17	1,07	1	0,86
Equity Ratio	0,41	0,4	0,37	0,29
Gross Profit Margin	57,74 %	58,24 %	57,63 %	56,27 %