MARTIN WALDERHAUG EFTF AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

29,33 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 553 000	9 339 000	9 463 000	9 699 000
Net Income	444 000	352 000	241 000	202 000
Total Assets	3 315 000	3 223 000	2 427 000	2 829 000
Total Equity	1 514 000	1 170 000	918 000	677 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 553 000	9 339 000	9 463 000	9 699 000
Expenditure	10 975 000	8 879 000	9 109 000	9 386 000
Operating Profit	579 000	460 000	356 000	314 000
Financial Income	0	0	0	1 000
Financial Costs	0	8 000	45 000	55 000
Financial Balance	0	−8 000	−45 000	−54 000
Earnings Before Tax	578 000	452 000	310 000	260 000
Tax	134 000	99 000	70 000	57 000
Net Income	444 000	352 000	241 000	202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 284 000	1 036 000	1 086 000	1 153 000
Total Current Assets	2 031 000	2 187 000	1 340 000	1 676 000
Total Assets	3 315 000	3 223 000	2 427 000	2 829 000
Total Retained Equity	1 414 000	1 070 000	818 000	577 000
Total Equity	1 514 000	1 170 000	918 000	677 000
Total Long-Term Debt	56 000	54 000	54 000	47 000
Total Current Debt	1 745 000	1 999 000	1 455 000	2 105 000
Total Equity and Debt	3 315 000	3 223 000	2 427 000	2 829 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 503 000	9 339 000	9 126 000	9 656 000
Other Income	50 000	0	337 000	44 000
Revenue	11 553 000	9 339 000	9 463 000	9 699 000
Cost of Goods Sold	3 027 000	2 308 000	2 262 000	2 425 000
Salary Costs	6 722 000	5 447 000	5 658 000	5 781 000
Depreciation	223 000	217 000	243 000	184 000
Impairment	0	0	0	0
Expenditure	10 975 000	8 879 000	9 109 000	9 386 000
Operating Profit	579 000	460 000	356 000	314 000
Financial Income	0	0	0	1 000
Financial Costs	0	8 000	45 000	55 000
Financial Balance	0	−8 000	−45 000	−54 000
Dividends	100 000	100 000	0	0
Net Income	444 000	352 000	241 000	202 000

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	1 284 000	1 036 000	1 086 000	1 153 000
Fixtures	0	0	0	0
Total Tangible Assets	1 284 000	1 036 000	1 086 000	1 153 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 284 000	1 036 000	1 086 000	1 153 000
Stock	35 000	25 000	16 000	36 000
Total Investments	0	0	0	0
Cash, Bank	1 359 000	1 604 000	851 000	735 000
Total Current Assets	2 031 000	2 187 000	1 340 000	1 676 000
Total Assets	3 315 000	3 223 000	2 427 000	2 829 000
Total Equity	1 514 000	1 170 000	918 000	677 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	56 000	54 000	54 000	47 000
Creditors	185 000	221 000	210 000	927 000
Unpaid Taxes	600 000	717 000	531 000	531 000
Dividends	100 000	100 000	0	0
Other Current Debt	827 000	962 000	651 000	600 000
Total Current Debt	1 745 000	1 999 000	1 455 000	2 105 000
Total Equity and Debt	3 315 000	3 223 000	2 427 000	2 829 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,33 %	30,09 %	26,25 %	29,84 %
Debt-to-Equity Ratio	0,04	0,05	0,06	0,07
Operating Profit Margin	5,01 %	4,93 %	3,76 %	3,24 %
Current Ratio	1,16	1,09	0,92	0,8
Quick Ratio	1,19	1,11	0,93	0,81
Equity Ratio	0,46	0,36	0,38	0,24
Gross Profit Margin	73,8 %	75,29 %	76,1 %	75 %