MARTIN UTVIKLING AS

4514 MANDAL

Finances

Return on Equity

1,35 %

Current Ratio

8,13

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	208 138 000	259 373 000	239 864 000	219 785 000
Net Income	2 436 000	34 045 000	19 508 000	15 615 000
Total Assets	299 104 000	346 753 000	344 733 000	322 334 000
Total Equity	180 280 000	182 503 000	167 515 000	147 882 000

Income (NOK)	2022	2021	2020	2019
Revenue	208 138 000	259 373 000	239 864 000	219 785 000
Expenditure	204 759 000	217 665 000	214 803 000	200 189 000
Operating Profit	3 379 000	41 708 000	25 060 000	19 596 000
Financial Income	3 829 000	3 815 000	3 014 000	3 736 000
Financial Costs	4 471 000	2 631 000	3 991 000	4 397 000
Financial Balance	−642 000	1 184 000	−977 000	−661 000
Earnings Before Tax	2 737 000	42 892 000	24 083 000	18 935 000
Tax	301 000	8 848 000	4 576 000	3 320 000
Net Income	2 436 000	34 045 000	19 508 000	15 615 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	118 820 000	125 176 000	135 025 000	145 073 000
Total Current Assets	180 283 000	221 577 000	209 708 000	177 261 000
Total Assets	299 104 000	346 753 000	344 733 000	322 334 000
Total Retained Equity	165 790 000	168 013 000	153 025 000	133 392 000
Total Equity	180 280 000	182 503 000	167 515 000	147 882 000
Total Long-Term Debt	96 639 000	115 858 000	142 904 000	131 990 000
Total Current Debt	22 184 000	48 392 000	34 314 000	42 462 000
Total Equity and Debt	299 104 000	346 753 000	344 733 000	322 334 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	208 138 000	259 373 000	239 864 000	219 785 000
Other Income	0	0	0	0
Revenue	208 138 000	259 373 000	239 864 000	219 785 000
Cost of Goods Sold	106 091 000	117 987 000	118 862 000	109 342 000
Salary Costs	37 756 000	36 562 000	38 940 000	36 807 000
Depreciation	13 278 000	13 034 000	12 828 000	12 558 000
Impairment	0	0	0	0
Expenditure	204 759 000	217 665 000	214 803 000	200 189 000
Operating Profit	3 379 000	41 708 000	25 060 000	19 596 000
Financial Income	3 829 000	3 815 000	3 014 000	3 736 000
Financial Costs	4 471 000	2 631 000	3 991 000	4 397 000
Financial Balance	−642 000	1 184 000	−977 000	−661 000
Dividends	0	0	0	0
Net Income	2 436 000	34 045 000	19 508 000	15 615 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	490 000	560 000	630 000	0
Real Eastate	78 402 000	79 755 000	79 797 000	89 390 000
Machinery and Plant Facilities	37 971 000	42 420 000	51 580 000	51 666 000
Fixtures	0	0	0	0
Total Tangible Assets	116 374 000	122 175 000	131 377 000	141 056 000
Total Fiancial Fixed Assets	1 957 000	2 441 000	3 018 000	4 017 000
Total Fixed Assets	118 820 000	125 176 000	135 025 000	145 073 000
Stock	86 420 000	87 163 000	91 184 000	99 831 000
Total Investments	13 871 000	14 106 000	10 702 000	10 043 000
Cash, Bank	51 225 000	68 736 000	62 106 000	37 593 000
Total Current Assets	180 283 000	221 577 000	209 708 000	177 261 000
Total Assets	299 104 000	346 753 000	344 733 000	322 334 000
Total Equity	180 280 000	182 503 000	167 515 000	147 882 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	96 639 000	115 858 000	142 904 000	131 990 000
Creditors	7 394 000	16 867 000	15 326 000	11 301 000
Unpaid Taxes	2 562 000	2 560 000	6 746 000	2 963 000
Dividends	0	0	0	0
Other Current Debt	11 238 000	9 883 000	7 227 000	4 504 000
Total Current Debt	22 184 000	48 392 000	34 314 000	42 462 000
Total Equity and Debt	299 104 000	346 753 000	344 733 000	322 334 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,35 %	18,65 %	11,65 %	10,56 %
Debt-to-Equity Ratio	0,54	0,63	0,85	0,89
Operating Profit Margin	1,62 %	16,08 %	10,45 %	8,92 %
Current Ratio	8,13	4,58	6,11	4,17
Quick Ratio	−2,81	−5,72	−3,69	−3,09
Equity Ratio	0,6	0,53	0,49	0,46
Gross Profit Margin	49,03 %	54,51 %	50,45 %	50,25 %