MODO AS

6010 ÅLESUND

Finances

Share Ownership

Return on Equity

24,05 %

Current Ratio

1,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 511 000	42 875 000	32 894 000	29 267 000
Net Income	2 260 000	4 035 000	1 832 000	−1 524 000
Total Assets	21 120 000	21 127 000	15 881 000	12 835 000
Total Equity	9 397 000	9 137 000	7 102 000	7 270 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 511 000	42 875 000	32 894 000	29 267 000
Expenditure	45 565 000	37 681 000	30 524 000	30 958 000
Operating Profit	2 946 000	5 195 000	2 371 000	−1 691 000
Financial Income	9 000	5 000	8 000	5 000
Financial Costs	57 000	26 000	28 000	265 000
Financial Balance	−48 000	−21 000	−20 000	−260 000
Earnings Before Tax	2 899 000	5 174 000	2 351 000	−1 951 000
Tax	638 000	1 138 000	519 000	−427 000
Net Income	2 260 000	4 035 000	1 832 000	−1 524 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 450 000	1 794 000	1 872 000	1 177 000
Total Current Assets	19 670 000	19 332 000	14 009 000	11 658 000
Total Assets	21 120 000	21 127 000	15 881 000	12 835 000
Total Retained Equity	8 897 000	8 637 000	6 602 000	6 770 000
Total Equity	9 397 000	9 137 000	7 102 000	7 270 000
Total Long-Term Debt	0	0	27 000	0
Total Current Debt	11 723 000	11 990 000	8 752 000	5 565 000
Total Equity and Debt	21 120 000	21 127 000	15 881 000	12 835 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 511 000	42 891 000	32 785 000	29 267 000
Other Income	0	−16 000	110 000	0
Revenue	48 511 000	42 875 000	32 894 000	29 267 000
Cost of Goods Sold	29 096 000	24 673 000	19 256 000	19 522 000
Salary Costs	6 806 000	5 939 000	5 516 000	5 776 000
Depreciation	359 000	379 000	171 000	109 000
Impairment	0	0	0	0
Expenditure	45 565 000	37 681 000	30 524 000	30 958 000
Operating Profit	2 946 000	5 195 000	2 371 000	−1 691 000
Financial Income	9 000	5 000	8 000	5 000
Financial Costs	57 000	26 000	28 000	265 000
Financial Balance	−48 000	−21 000	−20 000	−260 000
Dividends	0	0	2 000 000	0
Net Income	2 260 000	4 035 000	1 832 000	−1 524 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	254 000	240 000	0	485 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	453 000	533 000	612 000	0
Fixtures	742 000	1 021 000	1 259 000	692 000
Total Tangible Assets	1 195 000	1 554 000	1 872 000	692 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 450 000	1 794 000	1 872 000	1 177 000
Stock	15 302 000	11 233 000	8 285 000	8 280 000
Total Investments	0	0	0	0
Cash, Bank	3 157 000	7 230 000	4 842 000	689 000
Total Current Assets	19 670 000	19 332 000	14 009 000	11 658 000
Total Assets	21 120 000	21 127 000	15 881 000	12 835 000
Total Equity	9 397 000	9 137 000	7 102 000	7 270 000
Short-Term Group Debt	0	0	0	8 000
Total Long-Term Debt	0	0	27 000	0
Creditors	5 325 000	5 483 000	3 697 000	3 020 000
Unpaid Taxes	2 272 000	1 918 000	1 341 000	1 469 000
Dividends	0	0	2 000 000	0
Other Current Debt	3 472 000	3 184 000	1 708 000	1 068 000
Total Current Debt	11 723 000	11 990 000	8 752 000	5 565 000
Total Equity and Debt	21 120 000	21 127 000	15 881 000	12 835 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,05 %	44,16 %	25,8 %	−20,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,07 %	12,12 %	7,21 %	−5,78 %
Current Ratio	1,68	1,61	1,6	2,09
Quick Ratio	−5,5	25,54	30	−4,29
Equity Ratio	0,44	0,43	0,45	0,57
Gross Profit Margin	40,02 %	42,45 %	41,46 %	33,3 %