MARTINS AS

2000 LILLESTRØM

Finances

Return on Equity

5,5 %

Current Ratio

2,31

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 282 000	2 137 000	1 460 000	4 951 000
Net Income	462 000	208 000	475 000	2 509 000
Total Assets	10 635 000	9 176 000	9 390 000	8 214 000
Total Equity	8 400 000	7 938 000	7 730 000	7 255 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 282 000	2 137 000	1 460 000	4 951 000
Expenditure	2 932 000	2 209 000	852 000	1 816 000
Operating Profit	350 000	−71 000	609 000	3 134 000
Financial Income	463 000	358 000	194 000	133 000
Financial Costs	195 000	20 000	191 000	41 000
Financial Balance	268 000	338 000	3 000	92 000
Earnings Before Tax	618 000	266 000	612 000	3 226 000
Tax	156 000	59 000	137 000	717 000
Net Income	462 000	208 000	475 000	2 509 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 556 000	7 074 000	5 967 000	6 599 000
Total Current Assets	3 080 000	2 102 000	3 423 000	1 615 000
Total Assets	10 635 000	9 176 000	9 390 000	8 214 000
Total Retained Equity	7 790 000	7 328 000	7 120 000	6 645 000
Total Equity	8 400 000	7 938 000	7 730 000	7 255 000
Total Long-Term Debt	900 000	0	0	330 000
Total Current Debt	1 336 000	1 238 000	1 660 000	628 000
Total Equity and Debt	10 635 000	9 176 000	9 390 000	8 214 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 185 000	−6 000	6 000	2 792 000
Other Income	1 097 000	2 142 000	1 455 000	2 159 000
Revenue	3 282 000	2 137 000	1 460 000	4 951 000
Cost of Goods Sold	−38 000	−526 000	−1 100 000	711 000
Salary Costs	310 000	60 000	395 000	47 000
Depreciation	114 000	202 000	332 000	347 000
Impairment	0	0	0	0
Expenditure	2 932 000	2 209 000	852 000	1 816 000
Operating Profit	350 000	−71 000	609 000	3 134 000
Financial Income	463 000	358 000	194 000	133 000
Financial Costs	195 000	20 000	191 000	41 000
Financial Balance	268 000	338 000	3 000	92 000
Dividends	0	0	0	0
Net Income	462 000	208 000	475 000	2 509 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	16 000	111 000
Total Intangible Assets	97 000	245 000	320 000	552 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	105 000	123 000	310 000	547 000
Total Tangible Assets	105 000	123 000	310 000	547 000
Total Fiancial Fixed Assets	7 354 000	6 705 000	5 337 000	5 501 000
Total Fixed Assets	7 556 000	7 074 000	5 967 000	6 599 000
Stock	0	0	0	0
Total Investments	26 000	0	0	0
Cash, Bank	406 000	9 000	141 000	227 000
Total Current Assets	3 080 000	2 102 000	3 423 000	1 615 000
Total Assets	10 635 000	9 176 000	9 390 000	8 214 000
Total Equity	8 400 000	7 938 000	7 730 000	7 255 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	900 000	0	0	330 000
Creditors	542 000	324 000	536 000	53 000
Unpaid Taxes	8 000	5 000	88 000	419 000
Dividends	0	0	0	0
Other Current Debt	777 000	909 000	1 036 000	156 000
Total Current Debt	1 336 000	1 238 000	1 660 000	628 000
Total Equity and Debt	10 635 000	9 176 000	9 390 000	8 214 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,5 %	2,62 %	6,14 %	34,58 %
Debt-to-Equity Ratio	0,11	0	0	0,05
Operating Profit Margin	10,66 %	−3,32 %	41,71 %	63,3 %
Current Ratio	2,31	1,7	2,06	2,57
Quick Ratio	2,31	1,7	2,06	2,57
Equity Ratio	0,79	0,87	0,82	0,88
Gross Profit Margin	101,16 %	124,61 %	175,34 %	85,64 %