BYGGMESTER MODALEN AS

4770 HØVÅG

Finances

Return on Equity

19,87 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	84 226 000	80 967 000	77 642 000	99 801 000
Net Income	4 658 000	4 525 000	3 603 000	4 439 000
Total Assets	38 907 000	29 670 000	28 586 000	31 670 000
Total Equity	23 439 000	18 916 000	14 496 000	13 685 000

Income (NOK)	2022	2021	2020	2019
Revenue	84 226 000	80 967 000	77 642 000	99 801 000
Expenditure	78 069 000	75 244 000	72 831 000	94 044 000
Operating Profit	6 157 000	5 724 000	4 811 000	5 757 000
Financial Income	3 000	184 000	5 000	36 000
Financial Costs	126 000	62 000	155 000	49 000
Financial Balance	−123 000	122 000	−150 000	−13 000
Earnings Before Tax	6 034 000	5 846 000	4 661 000	5 744 000
Tax	1 376 000	1 321 000	1 058 000	1 305 000
Net Income	4 658 000	4 525 000	3 603 000	4 439 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 525 000	17 265 000	18 735 000	16 262 000
Total Current Assets	15 383 000	12 406 000	9 851 000	15 408 000
Total Assets	38 907 000	29 670 000	28 586 000	31 670 000
Total Retained Equity	23 349 000	18 826 000	14 406 000	13 595 000
Total Equity	23 439 000	18 916 000	14 496 000	13 685 000
Total Long-Term Debt	2 193 000	2 492 000	2 991 000	4 617 000
Total Current Debt	13 275 000	8 263 000	11 098 000	13 369 000
Total Equity and Debt	38 907 000	29 670 000	28 586 000	31 670 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	83 958 000	80 948 000	77 642 000	99 713 000
Other Income	267 000	19 000	0	89 000
Revenue	84 226 000	80 967 000	77 642 000	99 801 000
Cost of Goods Sold	62 500 000	59 546 000	58 802 000	78 854 000
Salary Costs	11 485 000	11 399 000	10 378 000	11 016 000
Depreciation	555 000	563 000	563 000	338 000
Impairment	0	0	0	0
Expenditure	78 069 000	75 244 000	72 831 000	94 044 000
Operating Profit	6 157 000	5 724 000	4 811 000	5 757 000
Financial Income	3 000	184 000	5 000	36 000
Financial Costs	126 000	62 000	155 000	49 000
Financial Balance	−123 000	122 000	−150 000	−13 000
Dividends	0	0	1 350 000	900 000
Net Income	4 658 000	4 525 000	3 603 000	4 439 000

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	1 633 000	1 980 000	2 506 000	2 927 000
Total Tangible Assets	1 633 000	1 980 000	2 506 000	2 927 000
Total Fiancial Fixed Assets	21 892 000	15 284 000	16 229 000	13 335 000
Total Fixed Assets	23 525 000	17 265 000	18 735 000	16 262 000
Stock	6 786 000	4 667 000	2 283 000	3 406 000
Total Investments	0	0	0	0
Cash, Bank	255 000	3 467 000	285 000	1 848 000
Total Current Assets	15 383 000	12 406 000	9 851 000	15 408 000
Total Assets	38 907 000	29 670 000	28 586 000	31 670 000
Total Equity	23 439 000	18 916 000	14 496 000	13 685 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 193 000	2 492 000	2 991 000	4 617 000
Creditors	8 312 000	4 029 000	5 430 000	7 645 000
Unpaid Taxes	1 982 000	1 484 000	1 932 000	1 994 000
Dividends	0	0	1 350 000	900 000
Other Current Debt	1 641 000	1 487 000	1 331 000	1 597 000
Total Current Debt	13 275 000	8 263 000	11 098 000	13 369 000
Total Equity and Debt	38 907 000	29 670 000	28 586 000	31 670 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,87 %	23,92 %	24,86 %	32,44 %
Debt-to-Equity Ratio	0,09	0,13	0,21	0,34
Operating Profit Margin	7,31 %	7,07 %	6,2 %	5,77 %
Current Ratio	1,16	1,5	0,89	1,15
Quick Ratio	2,37	3,45	1,12	1,55
Equity Ratio	0,6	0,64	0,51	0,43
Gross Profit Margin	25,79 %	26,46 %	24,27 %	20,99 %