MALERMESTEREN I YTRE NAMDAL AS

7970 KOLVEREID

Finances

Share Ownership

Return on Equity

43,96 %

Current Ratio

3,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 350 000	1 333 000	995 000	727 000
Net Income	244 000	126 000	135 000	51 000
Total Assets	753 000	795 000	690 000	486 000
Total Equity	555 000	647 000	521 000	385 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 350 000	1 333 000	995 000	727 000
Expenditure	1 034 000	1 164 000	814 000	653 000
Operating Profit	316 000	168 000	182 000	74 000
Financial Income	0	0	0	0
Financial Costs	7 000	7 000	8 000	8 000
Financial Balance	−7 000	−7 000	−8 000	−8 000
Earnings Before Tax	310 000	162 000	174 000	66 000
Tax	66 000	36 000	38 000	14 000
Net Income	244 000	126 000	135 000	51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	137 000	252 000	294 000	152 000
Total Current Assets	616 000	544 000	396 000	334 000
Total Assets	753 000	795 000	690 000	486 000
Total Retained Equity	455 000	212 000	86 000	−50 000
Total Equity	555 000	647 000	521 000	385 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	198 000	149 000	169 000	100 000
Total Equity and Debt	753 000	795 000	690 000	486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 341 000	1 333 000	927 000	724 000
Other Income	10 000	0	69 000	3 000
Revenue	1 350 000	1 333 000	995 000	727 000
Cost of Goods Sold	415 000	527 000	358 000	200 000
Salary Costs	346 000	401 000	327 000	251 000
Depreciation	48 000	48 000	37 000	8 000
Impairment	0	0	0	0
Expenditure	1 034 000	1 164 000	814 000	653 000
Operating Profit	316 000	168 000	182 000	74 000
Financial Income	0	0	0	0
Financial Costs	7 000	7 000	8 000	8 000
Financial Balance	−7 000	−7 000	−8 000	−8 000
Dividends	0	0	0	0
Net Income	244 000	126 000	135 000	51 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	78 000	114 000	152 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	125 000	173 000	180 000	0
Total Tangible Assets	125 000	173 000	180 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	137 000	252 000	294 000	152 000
Stock	70 000	40 000	30 000	58 000
Total Investments	0	0	0	0
Cash, Bank	482 000	482 000	248 000	88 000
Total Current Assets	616 000	544 000	396 000	334 000
Total Assets	753 000	795 000	690 000	486 000
Total Equity	555 000	647 000	521 000	385 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	84 000	50 000	45 000	32 000
Unpaid Taxes	75 000	53 000	62 000	39 000
Dividends	0	0	0	0
Other Current Debt	39 000	45 000	61 000	29 000
Total Current Debt	198 000	149 000	169 000	100 000
Total Equity and Debt	753 000	795 000	690 000	486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,96 %	19,47 %	25,91 %	13,25 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,41 %	12,6 %	18,29 %	10,18 %
Current Ratio	3,11	3,65	2,34	3,34
Quick Ratio	4,81	4,99	2,85	7,95
Equity Ratio	0,74	0,81	0,76	0,79
Gross Profit Margin	69,26 %	60,47 %	64,02 %	72,49 %