MARTHINSEN & DUVHOLT AS

3241 SANDEFJORD

Finances

Return on Equity

56,18 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 430 595 000	1 036 540 000	1 062 901 000	813 723 000
Net Income	74 889 000	59 922 000	63 807 000	39 802 000
Total Assets	575 142 000	400 921 000	451 656 000	376 527 000
Total Equity	133 300 000	122 871 000	122 950 000	184 243 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 430 595 000	1 036 540 000	1 062 901 000	813 723 000
Expenditure	768 299 000	646 872 000	538 816 000	405 387 000
Operating Profit	94 142 000	76 342 000	80 959 000	50 179 000
Financial Income	1 993 000	590 000	921 000	919 000
Financial Costs	90 000	85 000	63 000	75 000
Financial Balance	1 903 000	505 000	858 000	844 000
Earnings Before Tax	96 045 000	76 847 000	81 817 000	51 024 000
Tax	21 156 000	16 925 000	18 010 000	11 222 000
Net Income	74 889 000	59 922 000	63 807 000	39 802 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	178 892 000	133 770 000	101 126 000	82 321 000
Total Current Assets	396 250 000	267 151 000	350 530 000	294 206 000
Total Assets	575 142 000	400 921 000	451 656 000	376 527 000
Total Retained Equity	130 900 000	120 471 000	120 550 000	181 843 000
Total Equity	133 300 000	122 871 000	122 950 000	184 243 000
Total Long-Term Debt	71 963 000	37 411 000	66 356 000	60 054 000
Total Current Debt	369 879 000	240 639 000	262 350 000	132 230 000
Total Equity and Debt	575 142 000	400 921 000	451 656 000	376 527 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 419 970 000	1 025 563 000	1 058 993 000	811 464 000
Other Income	10 626 000	10 977 000	3 908 000	2 259 000
Revenue	1 430 595 000	1 036 540 000	1 062 901 000	813 723 000
Cost of Goods Sold	355 523 000	286 005 000	217 557 000	129 890 000
Salary Costs	226 901 000	204 054 000	177 855 000	156 637 000
Depreciation	46 609 000	36 971 000	32 755 000	26 555 000
Impairment	0	0	0	0
Expenditure	768 299 000	646 872 000	538 816 000	405 387 000
Operating Profit	94 142 000	76 342 000	80 959 000	50 179 000
Financial Income	1 993 000	590 000	921 000	919 000
Financial Costs	90 000	85 000	63 000	75 000
Financial Balance	1 903 000	505 000	858 000	844 000
Dividends	74 000 000	60 000 000	0	0
Net Income	74 889 000	59 922 000	63 807 000	39 802 000

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	142 880 000	89 635 000	62 710 000	55 848 000
Fixtures	21 662 000	17 046 000	14 689 000	10 190 000
Total Tangible Assets	164 542 000	133 770 000	101 126 000	82 321 000
Total Fiancial Fixed Assets	14 351 000	0	0	0
Total Fixed Assets	178 892 000	133 770 000	101 126 000	82 321 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	94 392 000	96 739 000	123 993 000	127 340 000
Total Current Assets	396 250 000	267 151 000	350 530 000	294 206 000
Total Assets	575 142 000	400 921 000	451 656 000	376 527 000
Total Equity	133 300 000	122 871 000	122 950 000	184 243 000
Short-Term Group Debt	74 000 000	60 000 000	0	0
Total Long-Term Debt	71 963 000	37 411 000	66 356 000	60 054 000
Creditors	83 176 000	52 881 000	0	0
Unpaid Taxes	16 646 000	1 523 000	173 460 000	65 505 000
Dividends	74 000 000	60 000 000	0	0
Other Current Debt	196 057 000	126 235 000	19 895 000	17 289 000
Total Current Debt	369 879 000	240 639 000	262 350 000	132 230 000
Total Equity and Debt	575 142 000	400 921 000	451 656 000	376 527 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,18 %	48,77 %	51,9 %	21,6 %
Debt-to-Equity Ratio	0,54	0,3	0,54	0,33
Operating Profit Margin	6,58 %	7,37 %	7,62 %	6,17 %
Current Ratio	1,07	1,11	1,34	2,22
Quick Ratio	1,07	1,11	1,34	2,22
Equity Ratio	0,23	0,31	0,27	0,49
Gross Profit Margin	75,15 %	72,41 %	79,53 %	84,04 %