MALERMESTER MORTEN HVIDSTEN AS

7038 TRONDHEIM

Finances

Share Ownership

Return on Equity

15,55 %

Current Ratio

2,23

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 317 000	11 984 000	14 227 000	10 967 000
Net Income	467 000	1 290 000	643 000	557 000
Total Assets	5 603 000	5 905 000	4 567 000	4 568 000
Total Equity	3 003 000	3 214 000	1 924 000	1 901 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 317 000	11 984 000	14 227 000	10 967 000
Expenditure	11 512 000	10 464 000	13 389 000	10 271 000
Operating Profit	805 000	1 520 000	838 000	697 000
Financial Income	6 000	193 000	8 000	25 000
Financial Costs	169 000	50 000	23 000	14 000
Financial Balance	−163 000	143 000	−15 000	11 000
Earnings Before Tax	642 000	1 663 000	823 000	708 000
Tax	174 000	373 000	180 000	151 000
Net Income	467 000	1 290 000	643 000	557 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	443 000	542 000	642 000	776 000
Total Current Assets	5 160 000	5 363 000	3 924 000	3 792 000
Total Assets	5 603 000	5 905 000	4 567 000	4 568 000
Total Retained Equity	2 903 000	3 114 000	1 824 000	1 801 000
Total Equity	3 003 000	3 214 000	1 924 000	1 901 000
Total Long-Term Debt	282 000	375 000	445 000	495 000
Total Current Debt	2 318 000	2 317 000	2 198 000	2 172 000
Total Equity and Debt	5 603 000	5 905 000	4 567 000	4 568 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 317 000	11 984 000	14 227 000	10 967 000
Other Income	0	0	0	0
Revenue	12 317 000	11 984 000	14 227 000	10 967 000
Cost of Goods Sold	3 410 000	3 014 000	5 688 000	3 457 000
Salary Costs	6 316 000	5 921 000	5 896 000	5 585 000
Depreciation	151 000	141 000	125 000	110 000
Impairment	0	0	0	0
Expenditure	11 512 000	10 464 000	13 389 000	10 271 000
Operating Profit	805 000	1 520 000	838 000	697 000
Financial Income	6 000	193 000	8 000	25 000
Financial Costs	169 000	50 000	23 000	14 000
Financial Balance	−163 000	143 000	−15 000	11 000
Dividends	0	0	560 000	360 000
Net Income	467 000	1 290 000	643 000	557 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	37 000	10 000	5 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	318 000	450 000	582 000	712 000
Fixtures	26 000	21 000	14 000	21 000
Total Tangible Assets	344 000	470 000	596 000	733 000
Total Fiancial Fixed Assets	62 000	62 000	42 000	42 000
Total Fixed Assets	443 000	542 000	642 000	776 000
Stock	0	0	0	0
Total Investments	799 000	34 000	130 000	123 000
Cash, Bank	2 602 000	3 736 000	2 324 000	1 875 000
Total Current Assets	5 160 000	5 363 000	3 924 000	3 792 000
Total Assets	5 603 000	5 905 000	4 567 000	4 568 000
Total Equity	3 003 000	3 214 000	1 924 000	1 901 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	282 000	375 000	445 000	495 000
Creditors	720 000	341 000	313 000	282 000
Unpaid Taxes	825 000	911 000	607 000	728 000
Dividends	0	0	560 000	360 000
Other Current Debt	571 000	687 000	497 000	654 000
Total Current Debt	2 318 000	2 317 000	2 198 000	2 172 000
Total Equity and Debt	5 603 000	5 905 000	4 567 000	4 568 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,55 %	40,14 %	33,42 %	29,3 %
Debt-to-Equity Ratio	0,09	0,12	0,23	0,26
Operating Profit Margin	6,54 %	12,68 %	5,89 %	6,36 %
Current Ratio	2,23	2,31	1,79	1,75
Quick Ratio	2,23	2,31	1,79	1,75
Equity Ratio	0,54	0,54	0,42	0,42
Gross Profit Margin	72,31 %	74,85 %	60,02 %	68,48 %