MAD AS

0164 OSLO

Finances

Return on Equity

61,89 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	149 144 000	123 599 000	114 084 000	114 623 000
Net Income	12 771 000	3 844 000	5 819 000	11 661 000
Total Assets	58 691 000	50 604 000	43 096 000	45 305 000
Total Equity	20 634 000	24 957 000	21 121 000	23 326 000

Income (NOK)	2022	2021	2020	2019
Revenue	149 144 000	123 599 000	114 084 000	114 623 000
Expenditure	132 586 000	118 331 000	106 786 000	99 573 000
Operating Profit	16 558 000	5 270 000	7 297 000	15 049 000
Financial Income	152 000	114 000	155 000	109 000
Financial Costs	119 000	326 000	95 000	98 000
Financial Balance	33 000	−212 000	60 000	11 000
Earnings Before Tax	16 591 000	5 058 000	7 358 000	15 060 000
Tax	3 820 000	1 214 000	1 539 000	3 399 000
Net Income	12 771 000	3 844 000	5 819 000	11 661 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 978 000	3 299 000	1 700 000	1 459 000
Total Current Assets	55 714 000	47 305 000	41 396 000	43 845 000
Total Assets	58 691 000	50 604 000	43 096 000	45 305 000
Total Retained Equity	12 386 000	16 748 000	16 801 000	21 396 000
Total Equity	20 634 000	24 957 000	21 121 000	23 326 000
Total Long-Term Debt	27 000	17 000	26 000	12 000
Total Current Debt	38 030 000	25 631 000	21 949 000	21 967 000
Total Equity and Debt	58 691 000	50 604 000	43 096 000	45 305 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	148 436 000	123 191 000	114 084 000	114 623 000
Other Income	707 000	408 000	0	0
Revenue	149 144 000	123 599 000	114 084 000	114 623 000
Cost of Goods Sold	6 786 000	3 718 000	7 751 000	11 147 000
Salary Costs	100 642 000	93 155 000	85 485 000	76 889 000
Depreciation	664 000	704 000	309 000	245 000
Impairment	212 000	0	0	0
Expenditure	132 586 000	118 331 000	106 786 000	99 573 000
Operating Profit	16 558 000	5 270 000	7 297 000	15 049 000
Financial Income	152 000	114 000	155 000	109 000
Financial Costs	119 000	326 000	95 000	98 000
Financial Balance	33 000	−212 000	60 000	11 000
Dividends	10 200 000	0	0	0
Net Income	12 771 000	3 844 000	5 819 000	11 661 000

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	88 000	106 000	50 000	66 000
Fixtures	2 883 000	3 163 000	1 619 000	1 363 000
Total Tangible Assets	2 971 000	3 269 000	1 669 000	1 429 000
Total Fiancial Fixed Assets	6 000	30 000	30 000	30 000
Total Fixed Assets	2 978 000	3 299 000	1 700 000	1 459 000
Stock	117 000	64 000	0	0
Total Investments	0	0	0	0
Cash, Bank	27 748 000	22 510 000	21 709 000	21 118 000
Total Current Assets	55 714 000	47 305 000	41 396 000	43 845 000
Total Assets	58 691 000	50 604 000	43 096 000	45 305 000
Total Equity	20 634 000	24 957 000	21 121 000	23 326 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	27 000	17 000	26 000	12 000
Creditors	1 797 000	1 683 000	2 233 000	1 722 000
Unpaid Taxes	11 850 000	11 423 000	9 440 000	8 907 000
Dividends	10 200 000	0	0	0
Other Current Debt	10 372 000	11 302 000	8 699 000	8 020 000
Total Current Debt	38 030 000	25 631 000	21 949 000	21 967 000
Total Equity and Debt	58 691 000	50 604 000	43 096 000	45 305 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,89 %	15,4 %	27,55 %	49,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,1 %	4,26 %	6,4 %	13,13 %
Current Ratio	1,47	1,85	1,89	2
Quick Ratio	1,47	1,85	1,89	2
Equity Ratio	0,35	0,49	0,49	0,51
Gross Profit Margin	95,45 %	96,99 %	93,21 %	90,28 %