MANDAL ELEKTROMARKED AS

4517 MANDAL

Finances

Share Ownership

Return on Equity

36,18 %

Current Ratio

2,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 041 000	32 365 000	32 534 000	28 302 000
Net Income	2 048 000	1 460 000	1 201 000	1 266 000
Total Assets	9 181 000	7 750 000	6 741 000	6 500 000
Total Equity	5 660 000	4 112 000	4 651 000	3 451 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 041 000	32 365 000	32 534 000	28 302 000
Expenditure	31 405 000	30 486 000	30 977 000	26 672 000
Operating Profit	2 636 000	1 879 000	1 557 000	1 631 000
Financial Income	0	1 000	0	0
Financial Costs	10 000	7 000	17 000	7 000
Financial Balance	−10 000	−6 000	−17 000	−7 000
Earnings Before Tax	2 626 000	1 874 000	1 540 000	1 624 000
Tax	578 000	413 000	339 000	358 000
Net Income	2 048 000	1 460 000	1 201 000	1 266 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	602 000	551 000	332 000	369 000
Total Current Assets	8 579 000	7 198 000	6 408 000	6 131 000
Total Assets	9 181 000	7 750 000	6 741 000	6 500 000
Total Retained Equity	4 660 000	3 112 000	3 651 000	2 451 000
Total Equity	5 660 000	4 112 000	4 651 000	3 451 000
Total Long-Term Debt	0	1 000 000	100 000	0
Total Current Debt	3 521 000	2 638 000	1 990 000	3 050 000
Total Equity and Debt	9 181 000	7 750 000	6 741 000	6 500 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 016 000	32 365 000	32 534 000	28 302 000
Other Income	25 000	0	0	0
Revenue	34 041 000	32 365 000	32 534 000	28 302 000
Cost of Goods Sold	26 825 000	26 021 000	25 983 000	22 282 000
Salary Costs	2 803 000	2 653 000	3 261 000	2 853 000
Depreciation	139 000	145 000	72 000	68 000
Impairment	0	0	0	0
Expenditure	31 405 000	30 486 000	30 977 000	26 672 000
Operating Profit	2 636 000	1 879 000	1 557 000	1 631 000
Financial Income	0	1 000	0	0
Financial Costs	10 000	7 000	17 000	7 000
Financial Balance	−10 000	−6 000	−17 000	−7 000
Dividends	500 000	2 000 000	0	1 800 000
Net Income	2 048 000	1 460 000	1 201 000	1 266 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	150 000	66 000	124 000	89 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	400 000	433 000	157 000	229 000
Total Tangible Assets	400 000	433 000	157 000	229 000
Total Fiancial Fixed Assets	52 000	52 000	52 000	52 000
Total Fixed Assets	602 000	551 000	332 000	369 000
Stock	4 456 000	4 280 000	3 705 000	3 593 000
Total Investments	0	0	0	0
Cash, Bank	1 701 000	993 000	1 236 000	1 236 000
Total Current Assets	8 579 000	7 198 000	6 408 000	6 131 000
Total Assets	9 181 000	7 750 000	6 741 000	6 500 000
Total Equity	5 660 000	4 112 000	4 651 000	3 451 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000 000	100 000	0
Creditors	1 094 000	493 000	936 000	58 000
Unpaid Taxes	552 000	402 000	400 000	385 000
Dividends	500 000	2 000 000	0	1 800 000
Other Current Debt	1 213 000	1 387 000	279 000	446 000
Total Current Debt	3 521 000	2 638 000	1 990 000	3 050 000
Total Equity and Debt	9 181 000	7 750 000	6 741 000	6 500 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,18 %	35,51 %	25,82 %	36,69 %
Debt-to-Equity Ratio	0	0,24	0,02	0
Operating Profit Margin	7,74 %	5,81 %	4,79 %	5,76 %
Current Ratio	2,44	2,73	3,22	2,01
Quick Ratio	−9,18	−4,38	−3,74	−11,29
Equity Ratio	0,62	0,53	0,69	0,53
Gross Profit Margin	21,2 %	19,6 %	20,14 %	21,27 %