THE MARTIN VINJE COMPANY AS

1443 DRØBAK

Finances

Share Ownership

Return on Equity

28,32 %

Current Ratio

7,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 490 000	2 083 000	2 667 000	3 558 000
Net Income	1 116 000	692 000	509 000	916 000
Total Assets	4 505 000	3 303 000	2 814 000	2 789 000
Total Equity	3 940 000	2 825 000	2 332 000	1 823 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 490 000	2 083 000	2 667 000	3 558 000
Expenditure	1 044 000	1 184 000	2 007 000	2 375 000
Operating Profit	1 446 000	898 000	659 000	1 184 000
Financial Income	17 000	12 000	15 000	3 000
Financial Costs	22 000	23 000	17 000	6 000
Financial Balance	−5 000	−11 000	−2 000	−3 000
Earnings Before Tax	1 440 000	888 000	658 000	1 181 000
Tax	324 000	196 000	149 000	265 000
Net Income	1 116 000	692 000	509 000	916 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	93 000	147 000	202 000	322 000
Total Current Assets	4 412 000	3 155 000	2 612 000	2 467 000
Total Assets	4 505 000	3 303 000	2 814 000	2 789 000
Total Retained Equity	3 840 000	2 725 000	2 232 000	1 723 000
Total Equity	3 940 000	2 825 000	2 332 000	1 823 000
Total Long-Term Debt	0	2 000	6 000	14 000
Total Current Debt	565 000	476 000	476 000	952 000
Total Equity and Debt	4 505 000	3 303 000	2 814 000	2 789 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 490 000	2 083 000	2 662 000	3 558 000
Other Income	0	0	5 000	0
Revenue	2 490 000	2 083 000	2 667 000	3 558 000
Cost of Goods Sold	0	4 000	279 000	558 000
Salary Costs	450 000	799 000	1 168 000	1 209 000
Depreciation	55 000	55 000	57 000	42 000
Impairment	0	0	0	0
Expenditure	1 044 000	1 184 000	2 007 000	2 375 000
Operating Profit	1 446 000	898 000	659 000	1 184 000
Financial Income	17 000	12 000	15 000	3 000
Financial Costs	22 000	23 000	17 000	6 000
Financial Balance	−5 000	−11 000	−2 000	−3 000
Dividends	0	0	0	200 000
Net Income	1 116 000	692 000	509 000	916 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	77 000	132 000	187 000	307 000
Total Tangible Assets	77 000	132 000	187 000	307 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	93 000	147 000	202 000	322 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 384 000	3 008 000	2 478 000	2 186 000
Total Current Assets	4 412 000	3 155 000	2 612 000	2 467 000
Total Assets	4 505 000	3 303 000	2 814 000	2 789 000
Total Equity	3 940 000	2 825 000	2 332 000	1 823 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	6 000	14 000
Creditors	36 000	12 000	45 000	119 000
Unpaid Taxes	103 000	34 000	75 000	76 000
Dividends	0	0	0	200 000
Other Current Debt	100 000	231 000	199 000	298 000
Total Current Debt	565 000	476 000	476 000	952 000
Total Equity and Debt	4 505 000	3 303 000	2 814 000	2 789 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,32 %	24,5 %	21,83 %	50,25 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	58,07 %	43,11 %	24,71 %	33,28 %
Current Ratio	7,81	6,63	5,49	2,59
Quick Ratio	7,81	6,63	5,49	2,59
Equity Ratio	0,87	0,86	0,83	0,65
Gross Profit Margin	100 %	99,81 %	89,54 %	84,32 %