MALE AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

24,2 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	185 763 000	164 991 000	150 891 000	141 367 000
Net Income	6 014 000	7 236 000	5 930 000	1 732 000
Total Assets	54 810 000	49 033 000	47 202 000	42 235 000
Total Equity	24 853 000	20 439 000	16 203 000	12 773 000

Income (NOK)	2022	2021	2020	2019
Revenue	185 763 000	164 991 000	150 891 000	141 367 000
Expenditure	177 962 000	155 456 000	142 880 000	139 053 000
Operating Profit	7 802 000	9 536 000	8 012 000	2 313 000
Financial Income	204 000	18 000	37 000	62 000
Financial Costs	295 000	277 000	432 000	154 000
Financial Balance	−91 000	−259 000	−395 000	−92 000
Earnings Before Tax	7 711 000	9 277 000	7 617 000	2 221 000
Tax	1 697 000	2 041 000	1 687 000	489 000
Net Income	6 014 000	7 236 000	5 930 000	1 732 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 881 000	16 283 000	20 352 000	21 131 000
Total Current Assets	29 928 000	32 750 000	26 850 000	21 104 000
Total Assets	54 810 000	49 033 000	47 202 000	42 235 000
Total Retained Equity	24 746 000	20 332 000	16 096 000	12 666 000
Total Equity	24 853 000	20 439 000	16 203 000	12 773 000
Total Long-Term Debt	5 250 000	8 250 000	11 250 000	13 500 000
Total Current Debt	24 707 000	20 344 000	19 749 000	15 962 000
Total Equity and Debt	54 810 000	49 033 000	47 202 000	42 235 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	185 763 000	164 911 000	150 891 000	141 367 000
Other Income	0	80 000	0	0
Revenue	185 763 000	164 991 000	150 891 000	141 367 000
Cost of Goods Sold	53 551 000	48 384 000	45 529 000	44 396 000
Salary Costs	59 701 000	51 720 000	47 836 000	48 423 000
Depreciation	6 559 000	6 257 000	6 048 000	4 282 000
Impairment	0	0	0	0
Expenditure	177 962 000	155 456 000	142 880 000	139 053 000
Operating Profit	7 802 000	9 536 000	8 012 000	2 313 000
Financial Income	204 000	18 000	37 000	62 000
Financial Costs	295 000	277 000	432 000	154 000
Financial Balance	−91 000	−259 000	−395 000	−92 000
Dividends	1 600 000	3 000 000	2 500 000	0
Net Income	6 014 000	7 236 000	5 930 000	1 732 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	614 000	660 000	325 000	189 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	24 267 000	15 623 000	20 027 000	20 942 000
Total Tangible Assets	24 267 000	15 623 000	20 027 000	20 942 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 881 000	16 283 000	20 352 000	21 131 000
Stock	1 935 000	1 469 000	1 370 000	1 332 000
Total Investments	0	0	0	0
Cash, Bank	27 634 000	30 912 000	25 029 000	19 317 000
Total Current Assets	29 928 000	32 750 000	26 850 000	21 104 000
Total Assets	54 810 000	49 033 000	47 202 000	42 235 000
Total Equity	24 853 000	20 439 000	16 203 000	12 773 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 250 000	8 250 000	11 250 000	13 500 000
Creditors	7 905 000	5 096 000	4 511 000	4 686 000
Unpaid Taxes	4 045 000	4 040 000	3 196 000	3 408 000
Dividends	1 600 000	3 000 000	2 500 000	0
Other Current Debt	9 505 000	8 832 000	7 719 000	7 652 000
Total Current Debt	24 707 000	20 344 000	19 749 000	15 962 000
Total Equity and Debt	54 810 000	49 033 000	47 202 000	42 235 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,2 %	35,4 %	36,6 %	13,56 %
Debt-to-Equity Ratio	0,21	0,4	0,69	1,06
Operating Profit Margin	4,2 %	5,78 %	5,31 %	1,64 %
Current Ratio	1,21	1,61	1,36	1,32
Quick Ratio	1,31	1,74	1,46	1,44
Equity Ratio	0,45	0,42	0,34	0,3
Gross Profit Margin	71,17 %	70,67 %	69,83 %	68,6 %