MÅKESTAD ENGROS AS

5258 BLOMSTERDALEN

Finances

Return on Equity

13,61 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	471 115 000	376 501 000	299 129 000	393 858 000
Net Income	24 572 000	118 425 000	13 929 000	23 082 000
Total Assets	284 579 000	246 315 000	183 723 000	187 411 000
Total Equity	180 610 000	156 038 000	107 613 000	93 683 000

Income (NOK)	2022	2021	2020	2019
Revenue	471 115 000	376 501 000	299 129 000	393 858 000
Expenditure	442 270 000	357 308 000	281 450 000	364 851 000
Operating Profit	28 845 000	19 191 000	17 678 000	29 007 000
Financial Income	4 794 000	104 914 000	1 250 000	1 455 000
Financial Costs	1 793 000	637 000	1 008 000	833 000
Financial Balance	3 001 000	104 277 000	242 000	622 000
Earnings Before Tax	31 846 000	123 469 000	17 919 000	29 629 000
Tax	7 274 000	5 044 000	3 990 000	6 547 000
Net Income	24 572 000	118 425 000	13 929 000	23 082 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	181 900 000	135 938 000	93 585 000	73 047 000
Total Current Assets	102 679 000	110 377 000	90 138 000	114 364 000
Total Assets	284 579 000	246 315 000	183 723 000	187 411 000
Total Retained Equity	180 160 000	155 588 000	107 163 000	93 233 000
Total Equity	180 610 000	156 038 000	107 613 000	93 683 000
Total Long-Term Debt	44 835 000	14 510 000	15 815 000	9 062 000
Total Current Debt	59 134 000	75 767 000	60 294 000	84 666 000
Total Equity and Debt	284 579 000	246 315 000	183 723 000	187 411 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	471 115 000	375 160 000	297 840 000	391 608 000
Other Income	0	1 340 000	1 289 000	2 250 000
Revenue	471 115 000	376 501 000	299 129 000	393 858 000
Cost of Goods Sold	377 876 000	300 786 000	233 251 000	309 632 000
Salary Costs	26 531 000	23 919 000	18 534 000	22 582 000
Depreciation	515 000	488 000	313 000	209 000
Impairment	0	0	0	0
Expenditure	442 270 000	357 308 000	281 450 000	364 851 000
Operating Profit	28 845 000	19 191 000	17 678 000	29 007 000
Financial Income	4 794 000	104 914 000	1 250 000	1 455 000
Financial Costs	1 793 000	637 000	1 008 000	833 000
Financial Balance	3 001 000	104 277 000	242 000	622 000
Dividends	0	70 000 000	0	27 000 000
Net Income	24 572 000	118 425 000	13 929 000	23 082 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 088 000	495 000	325 000	610 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 472 000	1 608 000	1 881 000	930 000
Total Tangible Assets	1 472 000	1 608 000	1 881 000	930 000
Total Fiancial Fixed Assets	179 340 000	133 836 000	91 379 000	71 507 000
Total Fixed Assets	181 900 000	135 938 000	93 585 000	73 047 000
Stock	29 919 000	25 335 000	17 810 000	25 237 000
Total Investments	0	0	0	0
Cash, Bank	11 841 000	40 203 000	39 381 000	41 087 000
Total Current Assets	102 679 000	110 377 000	90 138 000	114 364 000
Total Assets	284 579 000	246 315 000	183 723 000	187 411 000
Total Equity	180 610 000	156 038 000	107 613 000	93 683 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	44 835 000	14 510 000	15 815 000	9 062 000
Creditors	34 960 000	22 317 000	19 742 000	24 371 000
Unpaid Taxes	3 330 000	2 536 000	2 446 000	2 863 000
Dividends	0	70 000 000	0	27 000 000
Other Current Debt	14 293 000	46 304 000	34 844 000	51 288 000
Total Current Debt	59 134 000	75 767 000	60 294 000	84 666 000
Total Equity and Debt	284 579 000	246 315 000	183 723 000	187 411 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,61 %	75,89 %	12,94 %	24,64 %
Debt-to-Equity Ratio	0,25	0,09	0,15	0,1
Operating Profit Margin	6,12 %	5,1 %	5,91 %	7,36 %
Current Ratio	1,74	1,46	1,49	1,35
Quick Ratio	3,51	2,19	2,12	1,92
Equity Ratio	0,63	0,63	0,59	0,5
Gross Profit Margin	19,79 %	20,11 %	22,02 %	21,38 %