M. YTTERSTAD AS

8410 LØDINGEN

Finances

Share Ownership

Return on Equity

12,87 %

Current Ratio

4,38

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	128 437 000	108 461 000	91 131 000	82 097 000
Net Income	32 909 000	28 652 000	18 981 000	14 509 000
Total Assets	315 008 000	401 932 000	372 873 000	366 876 000
Total Equity	255 767 000	235 358 000	213 139 000	204 593 000

Income (NOK)	2022	2021	2020	2019
Revenue	128 437 000	108 461 000	91 131 000	82 097 000
Expenditure	87 269 000	68 087 000	62 757 000	60 509 000
Operating Profit	41 168 000	40 373 000	28 375 000	21 588 000
Financial Income	2 059 000	1 327 000	1 409 000	2 913 000
Financial Costs	960 000	4 899 000	5 389 000	5 847 000
Financial Balance	1 099 000	−3 572 000	−3 980 000	−2 934 000
Earnings Before Tax	42 267 000	36 801 000	24 394 000	18 654 000
Tax	9 358 000	8 149 000	5 413 000	4 145 000
Net Income	32 909 000	28 652 000	18 981 000	14 509 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	164 709 000	183 314 000	195 979 000	208 401 000
Total Current Assets	150 299 000	218 618 000	176 895 000	158 475 000
Total Assets	315 008 000	401 932 000	372 873 000	366 876 000
Total Retained Equity	191 290 000	170 881 000	148 662 000	140 116 000
Total Equity	255 767 000	235 358 000	213 139 000	204 593 000
Total Long-Term Debt	24 928 000	120 771 000	130 260 000	140 159 000
Total Current Debt	34 314 000	45 803 000	29 474 000	22 124 000
Total Equity and Debt	315 008 000	401 932 000	372 873 000	366 876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	111 937 000	106 701 000	91 131 000	79 748 000
Other Income	16 500 000	1 760 000	0	2 349 000
Revenue	128 437 000	108 461 000	91 131 000	82 097 000
Cost of Goods Sold	0	0	0	0
Salary Costs	28 260 000	27 605 000	23 501 000	21 238 000
Depreciation	13 349 000	13 250 000	13 493 000	14 116 000
Impairment	0	0	0	0
Expenditure	87 269 000	68 087 000	62 757 000	60 509 000
Operating Profit	41 168 000	40 373 000	28 375 000	21 588 000
Financial Income	2 059 000	1 327 000	1 409 000	2 913 000
Financial Costs	960 000	4 899 000	5 389 000	5 847 000
Financial Balance	1 099 000	−3 572 000	−3 980 000	−2 934 000
Dividends	0	0	0	0
Net Income	32 909 000	28 652 000	18 981 000	14 509 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 736 000	32 762 000	36 288 000	39 814 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	4 819 000	2 882 000	3 504 000	5 318 000
Fixtures	0	0	0	0
Total Tangible Assets	143 256 000	149 471 000	158 244 000	168 211 000
Total Fiancial Fixed Assets	717 000	1 081 000	1 446 000	375 000
Total Fixed Assets	164 709 000	183 314 000	195 979 000	208 401 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 723 000	3 131 000	2 736 000	2 063 000
Total Current Assets	150 299 000	218 618 000	176 895 000	158 475 000
Total Assets	315 008 000	401 932 000	372 873 000	366 876 000
Total Equity	255 767 000	235 358 000	213 139 000	204 593 000
Short-Term Group Debt	16 026 000	21 625 000	13 378 000	8 861 000
Total Long-Term Debt	24 928 000	120 771 000	130 260 000	140 159 000
Creditors	1 854 000	3 082 000	609 000	1 047 000
Unpaid Taxes	8 872 000	10 083 000	10 068 000	7 483 000
Dividends	0	0	0	0
Other Current Debt	3 740 000	3 959 000	2 414 000	2 693 000
Total Current Debt	34 314 000	45 803 000	29 474 000	22 124 000
Total Equity and Debt	315 008 000	401 932 000	372 873 000	366 876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,87 %	12,17 %	8,91 %	7,09 %
Debt-to-Equity Ratio	0,1	0,51	0,61	0,69
Operating Profit Margin	32,05 %	37,22 %	31,14 %	26,3 %
Current Ratio	4,38	4,77	6	7,16
Quick Ratio	4,38	4,77	6	7,16
Equity Ratio	0,81	0,59	0,57	0,56
Gross Profit Margin	100 %	100 %	100 %	100 %