MALMO ELEKTRISITETSVERK AS

7790 MALM

Finances

Return on Equity

37,1 %

Current Ratio

2,24

Debt-to-Equity Ratio

2,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 152 000	1 062 000	292 000	858 000
Net Income	312 000	30 000	−334 000	123 000
Total Assets	3 000 000	2 826 000	2 642 000	3 382 000
Total Equity	841 000	529 000	549 000	882 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 152 000	1 062 000	292 000	858 000
Expenditure	747 000	945 000	529 000	630 000
Operating Profit	404 000	116 000	−237 000	229 000
Financial Income	8 000	8 000	11 000	20 000
Financial Costs	100 000	94 000	108 000	126 000
Financial Balance	−92 000	−86 000	−97 000	−106 000
Earnings Before Tax	312 000	30 000	−334 000	123 000
Tax	0	0	0	0
Net Income	312 000	30 000	−334 000	123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 156 000	2 271 000	2 386 000	2 502 000
Total Current Assets	844 000	555 000	256 000	880 000
Total Assets	3 000 000	2 826 000	2 642 000	3 382 000
Total Retained Equity	691 000	379 000	349 000	682 000
Total Equity	841 000	529 000	549 000	882 000
Total Long-Term Debt	1 783 000	1 927 000	2 026 000	2 223 000
Total Current Debt	376 000	370 000	67 000	276 000
Total Equity and Debt	3 000 000	2 826 000	2 642 000	3 382 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 152 000	1 062 000	292 000	858 000
Other Income	0	0	0	0
Revenue	1 152 000	1 062 000	292 000	858 000
Cost of Goods Sold	50 000	55 000	0	0
Salary Costs	189 000	161 000	115 000	140 000
Depreciation	115 000	115 000	115 000	115 000
Impairment	0	0	0	0
Expenditure	747 000	945 000	529 000	630 000
Operating Profit	404 000	116 000	−237 000	229 000
Financial Income	8 000	8 000	11 000	20 000
Financial Costs	100 000	94 000	108 000	126 000
Financial Balance	−92 000	−86 000	−97 000	−106 000
Dividends	0	0	0	40 000
Net Income	312 000	30 000	−334 000	123 000

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	2 156 000	2 271 000	2 386 000	2 502 000
Fixtures	0	0	0	0
Total Tangible Assets	2 156 000	2 271 000	2 386 000	2 502 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 156 000	2 271 000	2 386 000	2 502 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	314 000	350 000	236 000	801 000
Total Current Assets	844 000	555 000	256 000	880 000
Total Assets	3 000 000	2 826 000	2 642 000	3 382 000
Total Equity	841 000	529 000	549 000	882 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 783 000	1 927 000	2 026 000	2 223 000
Creditors	179 000	218 000	21 000	139 000
Unpaid Taxes	150 000	77 000	9 000	50 000
Dividends	0	0	0	40 000
Other Current Debt	47 000	75 000	38 000	47 000
Total Current Debt	376 000	370 000	67 000	276 000
Total Equity and Debt	3 000 000	2 826 000	2 642 000	3 382 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,1 %	5,67 %	−60,84 %	13,95 %
Debt-to-Equity Ratio	2,12	3,64	3,69	2,52
Operating Profit Margin	35,07 %	10,92 %	−81,16 %	26,69 %
Current Ratio	2,24	1,5	3,82	3,19
Quick Ratio	2,24	1,5	3,82	3,19
Equity Ratio	0,28	0,19	0,21	0,26
Gross Profit Margin	95,66 %	94,82 %	100 %	100 %