MALERFIRMA ENGVOLD & SØNN AS

3960 STATHELLE

Finances

Share Ownership

Return on Equity

16,28 %

Current Ratio

1,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 365 000	5 497 000	4 077 000	4 964 000
Net Income	128 000	546 000	256 000	−152 000
Total Assets	1 452 000	1 715 000	1 395 000	1 519 000
Total Equity	786 000	909 000	663 000	407 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 365 000	5 497 000	4 077 000	4 964 000
Expenditure	3 207 000	4 802 000	3 799 000	5 117 000
Operating Profit	158 000	696 000	279 000	−153 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	5 000	4 000	0
Financial Balance	−1 000	−5 000	−4 000	1 000
Earnings Before Tax	156 000	691 000	275 000	−152 000
Tax	29 000	145 000	19 000	0
Net Income	128 000	546 000	256 000	−152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 000	168 000	19 000	0
Total Current Assets	1 327 000	1 547 000	1 376 000	1 519 000
Total Assets	1 452 000	1 715 000	1 395 000	1 519 000
Total Retained Equity	756 000	879 000	633 000	377 000
Total Equity	786 000	909 000	663 000	407 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	666 000	806 000	733 000	1 112 000
Total Equity and Debt	1 452 000	1 715 000	1 395 000	1 519 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 340 000	5 477 000	4 077 000	4 964 000
Other Income	25 000	20 000	0	0
Revenue	3 365 000	5 497 000	4 077 000	4 964 000
Cost of Goods Sold	715 000	1 114 000	904 000	1 156 000
Salary Costs	1 974 000	3 105 000	2 397 000	3 354 000
Depreciation	43 000	32 000	2 000	0
Impairment	0	0	0	0
Expenditure	3 207 000	4 802 000	3 799 000	5 117 000
Operating Profit	158 000	696 000	279 000	−153 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	5 000	4 000	0
Financial Balance	−1 000	−5 000	−4 000	1 000
Dividends	250 000	300 000	0	200 000
Net Income	128 000	546 000	256 000	−152 000

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	0	0	0	0
Fixtures	125 000	168 000	19 000	0
Total Tangible Assets	125 000	168 000	19 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	125 000	168 000	19 000	0
Stock	0	0	0	50 000
Total Investments	0	0	0	0
Cash, Bank	819 000	1 087 000	943 000	829 000
Total Current Assets	1 327 000	1 547 000	1 376 000	1 519 000
Total Assets	1 452 000	1 715 000	1 395 000	1 519 000
Total Equity	786 000	909 000	663 000	407 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	77 000	48 000	145 000	111 000
Unpaid Taxes	235 000	295 000	237 000	319 000
Dividends	250 000	300 000	0	200 000
Other Current Debt	326 000	318 000	331 000	483 000
Total Current Debt	666 000	806 000	733 000	1 112 000
Total Equity and Debt	1 452 000	1 715 000	1 395 000	1 519 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,28 %	60,07 %	38,61 %	−37,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,7 %	12,66 %	6,84 %	−3,08 %
Current Ratio	1,99	1,92	1,88	1,37
Quick Ratio	1,99	1,92	1,88	1,43
Equity Ratio	0,54	0,53	0,48	0,27
Gross Profit Margin	78,75 %	79,73 %	77,83 %	76,71 %