MADSEN & CO AS

4262 AVALDSNES

Finances

Return on Equity

−0,38 %

Current Ratio

0,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 000	15 000	0	0
Net Income	−14 000	−51 000	−132 000	217 000
Total Assets	4 013 000	4 527 000	5 755 000	6 468 000
Total Equity	3 669 000	3 683 000	5 534 000	5 866 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 000	15 000	0	0
Expenditure	83 000	110 000	104 000	23 000
Operating Profit	−56 000	−95 000	−104 000	−23 000
Financial Income	119 000	44 000	23 000	112 000
Financial Costs	76 000	0	50 000	−127 000
Financial Balance	43 000	44 000	−27 000	239 000
Earnings Before Tax	−14 000	−51 000	−132 000	217 000
Tax	0	0	0	0
Net Income	−14 000	−51 000	−132 000	217 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 718 000	3 778 000	3 838 000	3 792 000
Total Current Assets	295 000	749 000	1 918 000	2 676 000
Total Assets	4 013 000	4 527 000	5 755 000	6 468 000
Total Retained Equity	3 619 000	3 633 000	5 484 000	5 816 000
Total Equity	3 669 000	3 683 000	5 534 000	5 866 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	344 000	844 000	222 000	602 000
Total Equity and Debt	4 013 000	4 527 000	5 755 000	6 468 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 000	15 000	0	0
Other Income	0	0	0	0
Revenue	27 000	15 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	60 000	60 000	58 000	0
Impairment	0	0	0	0
Expenditure	83 000	110 000	104 000	23 000
Operating Profit	−56 000	−95 000	−104 000	−23 000
Financial Income	119 000	44 000	23 000	112 000
Financial Costs	76 000	0	50 000	−127 000
Financial Balance	43 000	44 000	−27 000	239 000
Dividends	0	0	200 000	200 000
Net Income	−14 000	−51 000	−132 000	217 000

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	250 000	300 000	350 000	400 000
Fixtures	76 000	86 000	96 000	0
Total Tangible Assets	326 000	386 000	446 000	400 000
Total Fiancial Fixed Assets	3 392 000	3 392 000	3 392 000	3 392 000
Total Fixed Assets	3 718 000	3 778 000	3 838 000	3 792 000
Stock	0	0	0	0
Total Investments	151 000	352 000	322 000	372 000
Cash, Bank	93 000	367 000	1 566 000	2 174 000
Total Current Assets	295 000	749 000	1 918 000	2 676 000
Total Assets	4 013 000	4 527 000	5 755 000	6 468 000
Total Equity	3 669 000	3 683 000	5 534 000	5 866 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	35 000	35 000	19 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	200 000	200 000
Other Current Debt	309 000	809 000	2 000	402 000
Total Current Debt	344 000	844 000	222 000	602 000
Total Equity and Debt	4 013 000	4 527 000	5 755 000	6 468 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,38 %	−1,38 %	−2,39 %	3,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−207,41 %	−633,33 %	-	-
Current Ratio	0,86	0,89	8,64	4,45
Quick Ratio	0,86	0,89	8,64	4,45
Equity Ratio	0,91	0,81	0,96	0,91
Gross Profit Margin	100 %	100 %	-	-