MADLAND ELEKTRO AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

−39,2 %

Current Ratio

1,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 284 000	614 000	358 000	853 000
Net Income	−283 000	125 000	−61 000	−193 000
Total Assets	1 399 000	1 362 000	3 054 000	3 148 000
Total Equity	722 000	1 005 000	2 280 000	2 741 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 284 000	614 000	358 000	853 000
Expenditure	1 569 000	558 000	431 000	1 052 000
Operating Profit	−284 000	55 000	−74 000	−199 000
Financial Income	1 000	2 000	7 000	12 000
Financial Costs	0	0	0	0
Financial Balance	1 000	2 000	7 000	12 000
Earnings Before Tax	−283 000	57 000	−68 000	−187 000
Tax	0	−69 000	−6 000	6 000
Net Income	−283 000	125 000	−61 000	−193 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	80 000	4 000	54 000
Total Current Assets	1 319 000	1 282 000	3 050 000	3 094 000
Total Assets	1 399 000	1 362 000	3 054 000	3 148 000
Total Retained Equity	622 000	905 000	2 180 000	2 641 000
Total Equity	722 000	1 005 000	2 280 000	2 741 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	677 000	357 000	774 000	407 000
Total Equity and Debt	1 399 000	1 362 000	3 054 000	3 148 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 284 000	614 000	314 000	865 000
Other Income	0	0	44 000	−12 000
Revenue	1 284 000	614 000	358 000	853 000
Cost of Goods Sold	531 000	113 000	151 000	211 000
Salary Costs	523 000	224 000	260 000	393 000
Depreciation	0	4 000	50 000	50 000
Impairment	0	0	0	0
Expenditure	1 569 000	558 000	431 000	1 052 000
Operating Profit	−284 000	55 000	−74 000	−199 000
Financial Income	1 000	2 000	7 000	12 000
Financial Costs	0	0	0	0
Financial Balance	1 000	2 000	7 000	12 000
Dividends	0	1 400 000	400 000	0
Net Income	−283 000	125 000	−61 000	−193 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	69 000	69 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	4 000	54 000
Total Tangible Assets	0	0	4 000	54 000
Total Fiancial Fixed Assets	11 000	11 000	0	0
Total Fixed Assets	80 000	80 000	4 000	54 000
Stock	18 000	18 000	18 000	10 000
Total Investments	0	0	0	0
Cash, Bank	871 000	787 000	2 418 000	2 481 000
Total Current Assets	1 319 000	1 282 000	3 050 000	3 094 000
Total Assets	1 399 000	1 362 000	3 054 000	3 148 000
Total Equity	722 000	1 005 000	2 280 000	2 741 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	116 000	36 000	55 000	17 000
Unpaid Taxes	143 000	36 000	20 000	329 000
Dividends	0	1 400 000	400 000	0
Other Current Debt	418 000	285 000	299 000	55 000
Total Current Debt	677 000	357 000	774 000	407 000
Total Equity and Debt	1 399 000	1 362 000	3 054 000	3 148 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−39,2 %	12,44 %	−2,68 %	−7,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−22,12 %	8,96 %	−20,67 %	−23,33 %
Current Ratio	1,95	3,59	3,94	7,6
Quick Ratio	2	3,78	4,03	7,79
Equity Ratio	0,52	0,74	0,75	0,87
Gross Profit Margin	58,64 %	81,6 %	57,82 %	75,26 %