MODUL NORDIC AS

2340 LØTEN

Finances

Share Ownership

Return on Equity

32,24 %

Current Ratio

1,42

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 420 000	28 262 000	26 187 000	23 659 000
Net Income	928 000	1 491 000	846 000	1 132 000
Total Assets	10 879 000	11 132 000	8 921 000	7 831 000
Total Equity	2 878 000	1 950 000	1 459 000	1 387 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 420 000	28 262 000	26 187 000	23 659 000
Expenditure	28 664 000	26 016 000	24 704 000	21 845 000
Operating Profit	1 663 000	2 246 000	1 483 000	1 814 000
Financial Income	178 000	117 000	208 000	18 000
Financial Costs	663 000	449 000	603 000	377 000
Financial Balance	−485 000	−332 000	−395 000	−359 000
Earnings Before Tax	1 178 000	1 914 000	1 089 000	1 454 000
Tax	250 000	423 000	243 000	323 000
Net Income	928 000	1 491 000	846 000	1 132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	691 000	87 000	120 000	118 000
Total Current Assets	10 189 000	11 045 000	8 801 000	7 713 000
Total Assets	10 879 000	11 132 000	8 921 000	7 831 000
Total Retained Equity	2 778 000	1 850 000	1 359 000	1 287 000
Total Equity	2 878 000	1 950 000	1 459 000	1 387 000
Total Long-Term Debt	802 000	351 000	1 042 000	734 000
Total Current Debt	7 199 000	8 831 000	6 419 000	5 710 000
Total Equity and Debt	10 879 000	11 132 000	8 921 000	7 831 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 249 000	28 262 000	26 039 000	23 659 000
Other Income	171 000	0	148 000	0
Revenue	30 420 000	28 262 000	26 187 000	23 659 000
Cost of Goods Sold	18 165 000	17 006 000	16 351 000	14 435 000
Salary Costs	6 339 000	5 458 000	5 022 000	4 459 000
Depreciation	92 000	33 000	38 000	39 000
Impairment	0	0	0	0
Expenditure	28 664 000	26 016 000	24 704 000	21 845 000
Operating Profit	1 663 000	2 246 000	1 483 000	1 814 000
Financial Income	178 000	117 000	208 000	18 000
Financial Costs	663 000	449 000	603 000	377 000
Financial Balance	−485 000	−332 000	−395 000	−359 000
Dividends	0	1 000 000	680 000	450 000
Net Income	928 000	1 491 000	846 000	1 132 000

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	688 000	62 000	95 000	96 000
Total Tangible Assets	688 000	62 000	95 000	96 000
Total Fiancial Fixed Assets	3 000	25 000	25 000	22 000
Total Fixed Assets	691 000	87 000	120 000	118 000
Stock	3 628 000	3 960 000	3 523 000	3 432 000
Total Investments	0	0	0	0
Cash, Bank	2 995 000	3 430 000	1 963 000	1 138 000
Total Current Assets	10 189 000	11 045 000	8 801 000	7 713 000
Total Assets	10 879 000	11 132 000	8 921 000	7 831 000
Total Equity	2 878 000	1 950 000	1 459 000	1 387 000
Short-Term Group Debt	9 000	1 000 000	120 000	350 000
Total Long-Term Debt	802 000	351 000	1 042 000	734 000
Creditors	1 775 000	2 549 000	1 177 000	700 000
Unpaid Taxes	1 773 000	1 590 000	1 321 000	1 184 000
Dividends	0	1 000 000	680 000	450 000
Other Current Debt	3 398 000	3 269 000	2 905 000	2 780 000
Total Current Debt	7 199 000	8 831 000	6 419 000	5 710 000
Total Equity and Debt	10 879 000	11 132 000	8 921 000	7 831 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,24 %	76,46 %	57,98 %	81,61 %
Debt-to-Equity Ratio	0,28	0,18	0,71	0,53
Operating Profit Margin	5,47 %	7,95 %	5,66 %	7,67 %
Current Ratio	1,42	1,25	1,37	1,35
Quick Ratio	2,85	2,27	3,04	3,39
Equity Ratio	0,26	0,18	0,16	0,18
Gross Profit Margin	40,29 %	39,83 %	37,56 %	38,99 %