MADSEN OG BREKKE AS

4262 AVALDSNES

Finances

Return on Equity

20,47 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 364 000	8 814 000	5 622 000	7 700 000
Net Income	254 000	342 000	173 000	−227 000
Total Assets	2 457 000	3 260 000	2 151 000	1 824 000
Total Equity	1 241 000	988 000	646 000	472 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 364 000	8 814 000	5 622 000	7 700 000
Expenditure	5 004 000	8 375 000	5 398 000	7 980 000
Operating Profit	360 000	439 000	223 000	−280 000
Financial Income	3 000	1 000	0	0
Financial Costs	29 000	1 000	2 000	10 000
Financial Balance	−26 000	0	−2 000	−10 000
Earnings Before Tax	333 000	439 000	222 000	−289 000
Tax	80 000	97 000	49 000	−63 000
Net Income	254 000	342 000	173 000	−227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	49 000	69 000	127 000
Total Current Assets	2 436 000	3 211 000	2 082 000	1 697 000
Total Assets	2 457 000	3 260 000	2 151 000	1 824 000
Total Retained Equity	547 000	294 000	−48 000	−222 000
Total Equity	1 241 000	988 000	646 000	472 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 215 000	2 272 000	1 505 000	1 352 000
Total Equity and Debt	2 457 000	3 260 000	2 151 000	1 824 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 364 000	8 814 000	5 622 000	7 700 000
Other Income	0	0	0	0
Revenue	5 364 000	8 814 000	5 622 000	7 700 000
Cost of Goods Sold	3 364 000	6 499 000	3 594 000	484 000
Salary Costs	1 155 000	1 322 000	1 192 000	6 623 000
Depreciation	0	0	10 000	6 000
Impairment	0	0	0	0
Expenditure	5 004 000	8 375 000	5 398 000	7 980 000
Operating Profit	360 000	439 000	223 000	−280 000
Financial Income	3 000	1 000	0	0
Financial Costs	29 000	1 000	2 000	10 000
Financial Balance	−26 000	0	−2 000	−10 000
Dividends	0	0	0	0
Net Income	254 000	342 000	173 000	−227 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	20 000	68 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	10 000
Total Tangible Assets	0	0	0	10 000
Total Fiancial Fixed Assets	20 000	49 000	49 000	49 000
Total Fixed Assets	20 000	49 000	69 000	127 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 236 000	1 337 000	906 000	650 000
Total Current Assets	2 436 000	3 211 000	2 082 000	1 697 000
Total Assets	2 457 000	3 260 000	2 151 000	1 824 000
Total Equity	1 241 000	988 000	646 000	472 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	138 000	305 000	209 000	39 000
Unpaid Taxes	377 000	716 000	443 000	592 000
Dividends	0	0	0	0
Other Current Debt	621 000	1 175 000	853 000	721 000
Total Current Debt	1 215 000	2 272 000	1 505 000	1 352 000
Total Equity and Debt	2 457 000	3 260 000	2 151 000	1 824 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,47 %	34,62 %	26,78 %	−48,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,71 %	4,98 %	3,97 %	−3,64 %
Current Ratio	2	1,41	1,38	1,26
Quick Ratio	2	1,41	1,38	1,26
Equity Ratio	0,51	0,3	0,3	0,26
Gross Profit Margin	37,29 %	26,27 %	36,07 %	93,71 %