MALERMESTER FRODE HEGGLAND AS

5238 RÅDAL

Finances

Share Ownership

Return on Equity

96,8 %

Current Ratio

1,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 027 000	6 514 000	6 139 000	7 426 000
Net Income	997 000	285 000	247 000	582 000
Total Assets	2 278 000	8 743 000	8 339 000	8 540 000
Total Equity	1 030 000	7 413 000	7 277 000	7 180 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 027 000	6 514 000	6 139 000	7 426 000
Expenditure	5 801 000	6 166 000	5 864 000	6 729 000
Operating Profit	1 227 000	348 000	275 000	697 000
Financial Income	27 000	22 000	58 000	55 000
Financial Costs	4 000	1 000	1 000	1 000
Financial Balance	23 000	21 000	57 000	54 000
Earnings Before Tax	1 250 000	369 000	332 000	751 000
Tax	253 000	83 000	84 000	169 000
Net Income	997 000	285 000	247 000	582 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 887 000	2 008 000	2 249 000
Total Current Assets	2 278 000	6 856 000	6 331 000	6 291 000
Total Assets	2 278 000	8 743 000	8 339 000	8 540 000
Total Retained Equity	1 000 000	6 913 000	6 777 000	6 680 000
Total Equity	1 030 000	7 413 000	7 277 000	7 180 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 248 000	1 330 000	1 061 000	1 359 000
Total Equity and Debt	2 278 000	8 743 000	8 339 000	8 540 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 013 000	6 514 000	6 139 000	7 412 000
Other Income	1 014 000	0	0	14 000
Revenue	7 027 000	6 514 000	6 139 000	7 426 000
Cost of Goods Sold	891 000	1 201 000	1 218 000	1 386 000
Salary Costs	4 040 000	4 090 000	3 718 000	4 206 000
Depreciation	91 000	121 000	197 000	222 000
Impairment	0	0	0	0
Expenditure	5 801 000	6 166 000	5 864 000	6 729 000
Operating Profit	1 227 000	348 000	275 000	697 000
Financial Income	27 000	22 000	58 000	55 000
Financial Costs	4 000	1 000	1 000	1 000
Financial Balance	23 000	21 000	57 000	54 000
Dividends	6 910 000	150 000	150 000	100 000
Net Income	997 000	285 000	247 000	582 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	1 661 000	1 661 000	1 661 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	226 000	347 000	544 000
Total Tangible Assets	0	1 887 000	2 008 000	2 205 000
Total Fiancial Fixed Assets	0	0	0	44 000
Total Fixed Assets	0	1 887 000	2 008 000	2 249 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 369 000	5 560 000	5 354 000	4 452 000
Total Current Assets	2 278 000	6 856 000	6 331 000	6 291 000
Total Assets	2 278 000	8 743 000	8 339 000	8 540 000
Total Equity	1 030 000	7 413 000	7 277 000	7 180 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	133 000	101 000	42 000	75 000
Unpaid Taxes	448 000	570 000	403 000	585 000
Dividends	6 910 000	150 000	150 000	100 000
Other Current Debt	415 000	425 000	382 000	430 000
Total Current Debt	1 248 000	1 330 000	1 061 000	1 359 000
Total Equity and Debt	2 278 000	8 743 000	8 339 000	8 540 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,8 %	3,84 %	3,39 %	8,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,46 %	5,34 %	4,48 %	9,39 %
Current Ratio	1,83	5,15	5,97	4,63
Quick Ratio	1,83	5,15	5,97	4,63
Equity Ratio	0,45	0,85	0,87	0,84
Gross Profit Margin	87,32 %	81,56 %	80,16 %	81,34 %