MODEVO MANAGEMENT AS

0487 OSLO

Finances

Return on Equity

−70,47 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	85 000	290 000	20 000	214 000
Net Income	−179 000	−30 000	−8 000	99 000
Total Assets	1 572 000	1 298 000	1 264 000	1 387 000
Total Equity	254 000	433 000	463 000	471 000

Income (NOK)	2022	2021	2020	2019
Revenue	85 000	290 000	20 000	214 000
Expenditure	98 000	354 000	28 000	112 000
Operating Profit	−13 000	−64 000	−8 000	101 000
Financial Income	0	34 000	0	0
Financial Costs	166 000	0	0	3 000
Financial Balance	−166 000	34 000	0	−3 000
Earnings Before Tax	−179 000	−30 000	−8 000	99 000
Tax	0	0	0	0
Net Income	−179 000	−30 000	−8 000	99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	8 000
Total Current Assets	1 572 000	1 298 000	1 264 000	1 379 000
Total Assets	1 572 000	1 298 000	1 264 000	1 387 000
Total Retained Equity	154 000	333 000	363 000	371 000
Total Equity	254 000	433 000	463 000	471 000
Total Long-Term Debt	51 000	33 000	18 000	0
Total Current Debt	1 267 000	832 000	782 000	916 000
Total Equity and Debt	1 572 000	1 298 000	1 264 000	1 387 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	85 000	290 000	20 000	123 000
Other Income	0	0	0	91 000
Revenue	85 000	290 000	20 000	214 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	101 000	−115 000	92 000
Depreciation	0	0	8 000	27 000
Impairment	0	0	0	0
Expenditure	98 000	354 000	28 000	112 000
Operating Profit	−13 000	−64 000	−8 000	101 000
Financial Income	0	34 000	0	0
Financial Costs	166 000	0	0	3 000
Financial Balance	−166 000	34 000	0	−3 000
Dividends	0	0	0	0
Net Income	−179 000	−30 000	−8 000	99 000

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	0	0	0	8 000
Total Tangible Assets	0	0	0	8 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	8 000
Stock	0	0	0	0
Total Investments	604 000	224 000	230 000	195 000
Cash, Bank	5 000	110 000	18 000	149 000
Total Current Assets	1 572 000	1 298 000	1 264 000	1 379 000
Total Assets	1 572 000	1 298 000	1 264 000	1 387 000
Total Equity	254 000	433 000	463 000	471 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	51 000	33 000	18 000	0
Creditors	3 000	4 000	6 000	19 000
Unpaid Taxes	6 000	79 000	1 000	36 000
Dividends	0	0	0	0
Other Current Debt	1 258 000	748 000	775 000	860 000
Total Current Debt	1 267 000	832 000	782 000	916 000
Total Equity and Debt	1 572 000	1 298 000	1 264 000	1 387 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−70,47 %	−6,93 %	−1,73 %	21,02 %
Debt-to-Equity Ratio	0,2	0,08	0,04	0
Operating Profit Margin	−15,29 %	−22,07 %	−40 %	47,2 %
Current Ratio	1,24	1,56	1,62	1,51
Quick Ratio	1,24	1,56	1,62	1,51
Equity Ratio	0,16	0,33	0,37	0,34
Gross Profit Margin	100 %	100 %	100 %	100 %