MDE STAVANGER AS

4033 STAVANGER

Finances

Return on Equity

65,5 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 081 209 000	812 961 000	512 231 000	342 587 000
Net Income	13 663 000	14 995 000	10 938 000	9 654 000
Total Assets	304 948 000	234 591 000	152 186 000	117 256 000
Total Equity	20 859 000	18 407 000	15 538 000	15 493 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 081 209 000	812 961 000	512 231 000	342 587 000
Expenditure	1 062 341 000	795 312 000	493 942 000	331 300 000
Operating Profit	18 868 000	17 648 000	18 289 000	11 286 000
Financial Income	829 000	2 464 000	3 153 000	3 260 000
Financial Costs	2 032 000	1 795 000	4 808 000	2 406 000
Financial Balance	−1 203 000	669 000	−1 655 000	854 000
Earnings Before Tax	17 664 000	18 317 000	16 634 000	12 140 000
Tax	4 002 000	3 322 000	5 696 000	2 486 000
Net Income	13 663 000	14 995 000	10 938 000	9 654 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 050 000	12 297 000	11 716 000	16 177 000
Total Current Assets	291 898 000	222 294 000	140 471 000	101 078 000
Total Assets	304 948 000	234 591 000	152 186 000	117 256 000
Total Retained Equity	20 707 000	18 255 000	15 385 000	15 316 000
Total Equity	20 859 000	18 407 000	15 538 000	15 493 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	284 089 000	216 184 000	136 649 000	101 763 000
Total Equity and Debt	304 948 000	234 591 000	152 186 000	117 256 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 081 181 000	812 949 000	512 231 000	340 262 000
Other Income	28 000	12 000	0	2 325 000
Revenue	1 081 209 000	812 961 000	512 231 000	342 587 000
Cost of Goods Sold	382 838 000	298 394 000	218 062 000	159 379 000
Salary Costs	622 792 000	451 831 000	251 674 000	159 965 000
Depreciation	2 062 000	983 000	481 000	103 000
Impairment	0	0	0	0
Expenditure	1 062 341 000	795 312 000	493 942 000	331 300 000
Operating Profit	18 868 000	17 648 000	18 289 000	11 286 000
Financial Income	829 000	2 464 000	3 153 000	3 260 000
Financial Costs	2 032 000	1 795 000	4 808 000	2 406 000
Financial Balance	−1 203 000	669 000	−1 655 000	854 000
Dividends	11 229 000	10 000 000	10 000 000	7 000 000
Net Income	13 663 000	14 995 000	10 938 000	9 654 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 352 000	1 156 000	76 000	1 349 000
Real Eastate	589 000	575 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 634 000	4 092 000	2 463 000	804 000
Total Tangible Assets	4 223 000	4 667 000	2 463 000	804 000
Total Fiancial Fixed Assets	6 475 000	6 475 000	9 177 000	14 023 000
Total Fixed Assets	13 050 000	12 297 000	11 716 000	16 177 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 624 000	43 463 000	30 818 000	9 193 000
Total Current Assets	291 898 000	222 294 000	140 471 000	101 078 000
Total Assets	304 948 000	234 591 000	152 186 000	117 256 000
Total Equity	20 859 000	18 407 000	15 538 000	15 493 000
Short-Term Group Debt	6 000	0	84 000	0
Total Long-Term Debt	0	0	0	0
Creditors	57 177 000	45 450 000	31 770 000	19 263 000
Unpaid Taxes	89 117 000	74 203 000	38 352 000	24 808 000
Dividends	11 229 000	10 000 000	10 000 000	7 000 000
Other Current Debt	108 736 000	81 871 000	52 020 000	37 176 000
Total Current Debt	284 089 000	216 184 000	136 649 000	101 763 000
Total Equity and Debt	304 948 000	234 591 000	152 186 000	117 256 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,5 %	81,46 %	70,4 %	62,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,75 %	2,17 %	3,57 %	3,29 %
Current Ratio	1,03	1,03	1,03	0,99
Quick Ratio	1,03	1,03	1,03	0,99
Equity Ratio	0,07	0,08	0,1	0,13
Gross Profit Margin	64,59 %	63,3 %	57,43 %	53,48 %