URKE & MADSEN AS

6260 SKODJE

Finances

Share Ownership

Return on Equity

964,95 %

Current Ratio

0,97

Debt-to-Equity Ratio

5,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 279 000	19 764 000	16 253 000	15 425 000
Net Income	936 000	674 000	582 000	990 000
Total Assets	5 308 000	6 830 000	3 793 000	3 595 000
Total Equity	97 000	188 000	587 000	605 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 279 000	19 764 000	16 253 000	15 425 000
Expenditure	22 446 000	18 896 000	15 501 000	14 149 000
Operating Profit	833 000	868 000	751 000	1 275 000
Financial Income	0	0	0	1 000
Financial Costs	−283 000	5 000	5 000	5 000
Financial Balance	283 000	−5 000	−5 000	−4 000
Earnings Before Tax	1 116 000	863 000	747 000	1 271 000
Tax	180 000	189 000	164 000	281 000
Net Income	936 000	674 000	582 000	990 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	781 000	2 809 000	352 000	310 000
Total Current Assets	4 527 000	4 021 000	3 441 000	3 285 000
Total Assets	5 308 000	6 830 000	3 793 000	3 595 000
Total Retained Equity	67 000	158 000	487 000	505 000
Total Equity	97 000	188 000	587 000	605 000
Total Long-Term Debt	561 000	1 438 000	0	0
Total Current Debt	4 650 000	5 203 000	3 206 000	2 990 000
Total Equity and Debt	5 308 000	6 830 000	3 793 000	3 595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 272 000	19 764 000	16 253 000	15 425 000
Other Income	8 000	0	0	0
Revenue	23 279 000	19 764 000	16 253 000	15 425 000
Cost of Goods Sold	8 772 000	6 808 000	5 129 000	4 374 000
Salary Costs	10 740 000	9 939 000	8 659 000	8 424 000
Depreciation	136 000	82 000	83 000	79 000
Impairment	0	0	0	0
Expenditure	22 446 000	18 896 000	15 501 000	14 149 000
Operating Profit	833 000	868 000	751 000	1 275 000
Financial Income	0	0	0	1 000
Financial Costs	−283 000	5 000	5 000	5 000
Financial Balance	283 000	−5 000	−5 000	−4 000
Dividends	1 027 000	600 000	600 000	600 000
Net Income	936 000	674 000	582 000	990 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	0	3 000
Real Eastate	109 000	143 000	176 000	209 000
Machinery and Plant Facilities	0	0	0	14 000
Fixtures	672 000	150 000	175 000	83 000
Total Tangible Assets	781 000	292 000	352 000	306 000
Total Fiancial Fixed Assets	0	2 516 000	0	0
Total Fixed Assets	781 000	2 809 000	352 000	310 000
Stock	245 000	174 000	164 000	147 000
Total Investments	0	0	0	0
Cash, Bank	2 391 000	1 790 000	1 616 000	2 264 000
Total Current Assets	4 527 000	4 021 000	3 441 000	3 285 000
Total Assets	5 308 000	6 830 000	3 793 000	3 595 000
Total Equity	97 000	188 000	587 000	605 000
Short-Term Group Debt	580 000	600 000	0	0
Total Long-Term Debt	561 000	1 438 000	0	0
Creditors	1 165 000	2 410 000	352 000	303 000
Unpaid Taxes	1 113 000	800 000	1 042 000	916 000
Dividends	1 027 000	600 000	600 000	600 000
Other Current Debt	1 618 000	1 203 000	1 051 000	887 000
Total Current Debt	4 650 000	5 203 000	3 206 000	2 990 000
Total Equity and Debt	5 308 000	6 830 000	3 793 000	3 595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	964,95 %	358,51 %	99,15 %	163,64 %
Debt-to-Equity Ratio	5,78	7,65	0	0
Operating Profit Margin	3,58 %	4,39 %	4,62 %	8,27 %
Current Ratio	0,97	0,77	1,07	1,1
Quick Ratio	1,03	0,8	1,13	1,16
Equity Ratio	0,02	0,03	0,15	0,17
Gross Profit Margin	62,32 %	65,55 %	68,44 %	71,64 %