MODINO AS

2020 SKEDSMOKORSET

Finances

Return on Equity

13,03 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 322 973 000	1 965 775 000	1 456 126 000	1 641 358 000
Net Income	26 751 000	32 796 000	79 202 000	58 859 000
Total Assets	642 397 000	630 115 000	387 101 000	423 232 000
Total Equity	205 309 000	205 309 000	195 451 000	116 249 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 322 973 000	1 965 775 000	1 456 126 000	1 641 358 000
Expenditure	2 290 855 000	1 943 180 000	1 357 676 000	1 568 007 000
Operating Profit	32 118 000	22 595 000	98 450 000	73 352 000
Financial Income	4 110 000	15 489 000	2 771 000	3 054 000
Financial Costs	1 930 000	268 000	368 000	1 362 000
Financial Balance	2 180 000	15 221 000	2 403 000	1 692 000
Earnings Before Tax	34 298 000	37 816 000	100 853 000	75 044 000
Tax	7 547 000	5 019 000	21 651 000	16 184 000
Net Income	26 751 000	32 796 000	79 202 000	58 859 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	194 113 000	37 208 000	6 015 000	10 758 000
Total Current Assets	448 284 000	592 907 000	381 086 000	412 474 000
Total Assets	642 397 000	630 115 000	387 101 000	423 232 000
Total Retained Equity	190 852 000	190 852 000	180 993 000	101 791 000
Total Equity	205 309 000	205 309 000	195 451 000	116 249 000
Total Long-Term Debt	134 000	0	0	0
Total Current Debt	436 953 000	424 805 000	191 650 000	306 983 000
Total Equity and Debt	642 397 000	630 115 000	387 101 000	423 232 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 301 341 000	1 945 605 000	1 435 492 000	1 621 825 000
Other Income	21 632 000	20 170 000	20 634 000	19 533 000
Revenue	2 322 973 000	1 965 775 000	1 456 126 000	1 641 358 000
Cost of Goods Sold	2 161 563 000	1 799 406 000	1 250 783 000	1 452 579 000
Salary Costs	67 531 000	50 466 000	48 025 000	52 676 000
Depreciation	7 907 000	4 620 000	3 692 000	3 290 000
Impairment	0	0	0	0
Expenditure	2 290 855 000	1 943 180 000	1 357 676 000	1 568 007 000
Operating Profit	32 118 000	22 595 000	98 450 000	73 352 000
Financial Income	4 110 000	15 489 000	2 771 000	3 054 000
Financial Costs	1 930 000	268 000	368 000	1 362 000
Financial Balance	2 180 000	15 221 000	2 403 000	1 692 000
Dividends	22 457 000	22 003 000	0	30 000 000
Net Income	26 751 000	32 796 000	79 202 000	58 859 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 309 000	9 952 000	4 406 000	8 950 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 005 000	920 000	1 099 000	1 298 000
Total Tangible Assets	19 005 000	920 000	1 099 000	1 298 000
Total Fiancial Fixed Assets	159 798 000	26 336 000	510 000	510 000
Total Fixed Assets	194 113 000	37 208 000	6 015 000	10 758 000
Stock	114 816 000	153 182 000	51 997 000	105 713 000
Total Investments	0	0	0	0
Cash, Bank	50 515 000	149 065 000	0	0
Total Current Assets	448 284 000	592 907 000	381 086 000	412 474 000
Total Assets	642 397 000	630 115 000	387 101 000	423 232 000
Total Equity	205 309 000	205 309 000	195 451 000	116 249 000
Short-Term Group Debt	5 506 000	1 198 000	0	0
Total Long-Term Debt	134 000	0	0	0
Creditors	327 325 000	315 816 000	126 229 000	154 204 000
Unpaid Taxes	32 014 000	32 453 000	16 779 000	18 481 000
Dividends	22 457 000	22 003 000	0	30 000 000
Other Current Debt	44 803 000	47 659 000	32 322 000	58 374 000
Total Current Debt	436 953 000	424 805 000	191 650 000	306 983 000
Total Equity and Debt	642 397 000	630 115 000	387 101 000	423 232 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,03 %	15,97 %	40,52 %	50,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,38 %	1,15 %	6,76 %	4,47 %
Current Ratio	1,03	1,4	1,99	1,34
Quick Ratio	1,39	2,18	2,73	2,05
Equity Ratio	0,32	0,33	0,5	0,27
Gross Profit Margin	6,95 %	8,46 %	14,1 %	11,5 %