MOMENTUM DRØBAK AS

1678 KRÅKERØY

Finances

Return on Equity

18,85 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 904 000	2 606 000	2 339 000	2 776 000
Net Income	125 000	383 000	460 000	110 000
Total Assets	1 863 000	1 639 000	1 440 000	1 445 000
Total Equity	663 000	538 000	155 000	−227 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 904 000	2 606 000	2 339 000	2 776 000
Expenditure	2 689 000	2 199 000	2 188 000	2 663 000
Operating Profit	176 000	450 000	152 000	114 000
Financial Income	0	0	350 000	0
Financial Costs	13 000	1 000	2 000	4 000
Financial Balance	−13 000	−1 000	348 000	−4 000
Earnings Before Tax	164 000	448 000	500 000	110 000
Tax	38 000	66 000	40 000	0
Net Income	125 000	383 000	460 000	110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 046 000	1 019 000	1 187 000	1 171 000
Total Current Assets	817 000	620 000	254 000	274 000
Total Assets	1 863 000	1 639 000	1 440 000	1 445 000
Total Retained Equity	563 000	438 000	55 000	−327 000
Total Equity	663 000	538 000	155 000	−227 000
Total Long-Term Debt	582 000	455 000	850 000	1 317 000
Total Current Debt	618 000	646 000	436 000	355 000
Total Equity and Debt	1 863 000	1 639 000	1 440 000	1 445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 811 000	2 564 000	2 325 000	2 694 000
Other Income	93 000	42 000	14 000	82 000
Revenue	2 904 000	2 606 000	2 339 000	2 776 000
Cost of Goods Sold	398 000	487 000	348 000	600 000
Salary Costs	1 546 000	1 131 000	1 412 000	1 401 000
Depreciation	82 000	53 000	56 000	92 000
Impairment	0	0	0	0
Expenditure	2 689 000	2 199 000	2 188 000	2 663 000
Operating Profit	176 000	450 000	152 000	114 000
Financial Income	0	0	350 000	0
Financial Costs	13 000	1 000	2 000	4 000
Financial Balance	−13 000	−1 000	348 000	−4 000
Dividends	0	0	0	0
Net Income	125 000	383 000	460 000	110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	6 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	108 000	0	0	0
Fixtures	93 000	75 000	83 000	139 000
Total Tangible Assets	201 000	75 000	83 000	139 000
Total Fiancial Fixed Assets	833 000	938 000	1 104 000	1 032 000
Total Fixed Assets	1 046 000	1 019 000	1 187 000	1 171 000
Stock	22 000	62 000	20 000	31 000
Total Investments	0	0	0	0
Cash, Bank	551 000	413 000	161 000	85 000
Total Current Assets	817 000	620 000	254 000	274 000
Total Assets	1 863 000	1 639 000	1 440 000	1 445 000
Total Equity	663 000	538 000	155 000	−227 000
Short-Term Group Debt	0	100 000	100 000	0
Total Long-Term Debt	582 000	455 000	850 000	1 317 000
Creditors	55 000	60 000	13 000	49 000
Unpaid Taxes	184 000	236 000	164 000	164 000
Dividends	0	0	0	0
Other Current Debt	335 000	201 000	140 000	142 000
Total Current Debt	618 000	646 000	436 000	355 000
Total Equity and Debt	1 863 000	1 639 000	1 440 000	1 445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,85 %	71,19 %	296,77 %	−48,46 %
Debt-to-Equity Ratio	0,88	0,85	5,48	−5,8
Operating Profit Margin	6,06 %	17,27 %	6,5 %	4,11 %
Current Ratio	1,32	0,96	0,58	0,77
Quick Ratio	1,37	1,06	0,61	0,85
Equity Ratio	0,36	0,33	0,11	−0,16
Gross Profit Margin	86,29 %	81,31 %	85,12 %	78,39 %