INSTALLATØR MAGNE RO AS

4595 TINGVATN

Finances

Return on Equity

8,71 %

Current Ratio

3,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 291 000	1 473 000	1 321 000	1 497 000
Net Income	72 000	25 000	15 000	46 000
Total Assets	1 217 000	1 128 000	1 040 000	1 111 000
Total Equity	827 000	755 000	730 000	715 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 291 000	1 473 000	1 321 000	1 497 000
Expenditure	609 000	578 000	619 000	597 000
Operating Profit	108 000	21 000	18 000	53 000
Financial Income	−11 000	10 000	5 000	5 000
Financial Costs	0	0	0	0
Financial Balance	−11 000	10 000	5 000	5 000
Earnings Before Tax	96 000	30 000	23 000	58 000
Tax	24 000	5 000	9 000	12 000
Net Income	72 000	25 000	15 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	50 000	61 000	77 000
Total Current Assets	1 176 000	1 079 000	979 000	1 034 000
Total Assets	1 217 000	1 128 000	1 040 000	1 111 000
Total Retained Equity	727 000	655 000	630 000	615 000
Total Equity	827 000	755 000	730 000	715 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	391 000	373 000	310 000	395 000
Total Equity and Debt	1 217 000	1 128 000	1 040 000	1 111 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 291 000	1 473 000	1 321 000	1 497 000
Other Income	0	0	0	0
Revenue	1 291 000	1 473 000	1 321 000	1 497 000
Cost of Goods Sold	0	0	0	0
Salary Costs	398 000	398 000	399 000	398 000
Depreciation	9 000	12 000	15 000	20 000
Impairment	0	0	0	0
Expenditure	609 000	578 000	619 000	597 000
Operating Profit	108 000	21 000	18 000	53 000
Financial Income	−11 000	10 000	5 000	5 000
Financial Costs	0	0	0	0
Financial Balance	−11 000	10 000	5 000	5 000
Dividends	0	0	0	0
Net Income	72 000	25 000	15 000	46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	3 000	2 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	28 000	37 000	49 000	64 000
Fixtures	0	0	0	0
Total Tangible Assets	28 000	37 000	49 000	64 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	41 000	50 000	61 000	77 000
Stock	65 000	66 000	107 000	51 000
Total Investments	56 000	56 000	34 000	17 000
Cash, Bank	445 000	641 000	520 000	614 000
Total Current Assets	1 176 000	1 079 000	979 000	1 034 000
Total Assets	1 217 000	1 128 000	1 040 000	1 111 000
Total Equity	827 000	755 000	730 000	715 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	127 000	130 000	143 000	147 000
Unpaid Taxes	182 000	181 000	100 000	160 000
Dividends	0	0	0	0
Other Current Debt	57 000	57 000	58 000	76 000
Total Current Debt	391 000	373 000	310 000	395 000
Total Equity and Debt	1 217 000	1 128 000	1 040 000	1 111 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,71 %	3,31 %	2,05 %	6,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,37 %	1,43 %	1,36 %	3,54 %
Current Ratio	3,01	2,89	3,16	2,62
Quick Ratio	3,61	3,51	4,82	3,01
Equity Ratio	0,68	0,67	0,7	0,64
Gross Profit Margin	100 %	100 %	100 %	100 %