MODULCOMPAGNIET AS

3426 GULLAUG

Finances

Share Ownership

Return on Equity

34,35 %

Current Ratio

2,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 976 000	18 938 000	20 568 000	26 027 000
Net Income	2 878 000	2 719 000	1 400 000	3 161 000
Total Assets	12 540 000	12 814 000	10 399 000	19 457 000
Total Equity	8 379 000	7 751 000	6 282 000	6 632 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 976 000	18 938 000	20 568 000	26 027 000
Expenditure	13 238 000	15 479 000	18 364 000	21 783 000
Operating Profit	3 738 000	3 459 000	2 203 000	4 244 000
Financial Income	11 000	57 000	43 000	40 000
Financial Costs	59 000	29 000	451 000	230 000
Financial Balance	−48 000	28 000	−408 000	−190 000
Earnings Before Tax	3 691 000	3 486 000	1 795 000	4 055 000
Tax	812 000	767 000	396 000	894 000
Net Income	2 878 000	2 719 000	1 400 000	3 161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 145 000	4 159 000	5 513 000	5 965 000
Total Current Assets	9 395 000	8 655 000	4 886 000	13 492 000
Total Assets	12 540 000	12 814 000	10 399 000	19 457 000
Total Retained Equity	7 129 000	6 501 000	5 032 000	5 382 000
Total Equity	8 379 000	7 751 000	6 282 000	6 632 000
Total Long-Term Debt	40 000	72 000	437 000	684 000
Total Current Debt	4 120 000	4 991 000	3 680 000	12 141 000
Total Equity and Debt	12 540 000	12 814 000	10 399 000	19 457 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 976 000	18 938 000	20 568 000	26 027 000
Other Income	0	0	0	0
Revenue	16 976 000	18 938 000	20 568 000	26 027 000
Cost of Goods Sold	4 937 000	5 697 000	8 310 000	12 971 000
Salary Costs	3 473 000	3 901 000	3 799 000	3 370 000
Depreciation	1 697 000	2 294 000	2 552 000	2 406 000
Impairment	0	0	0	0
Expenditure	13 238 000	15 479 000	18 364 000	21 783 000
Operating Profit	3 738 000	3 459 000	2 203 000	4 244 000
Financial Income	11 000	57 000	43 000	40 000
Financial Costs	59 000	29 000	451 000	230 000
Financial Balance	−48 000	28 000	−408 000	−190 000
Dividends	1 250 000	1 250 000	1 000 000	1 000 000
Net Income	2 878 000	2 719 000	1 400 000	3 161 000

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	3 145 000	4 159 000	5 513 000	5 965 000
Total Tangible Assets	3 145 000	4 159 000	5 513 000	5 965 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 145 000	4 159 000	5 513 000	5 965 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 321 000	5 733 000	3 391 000	11 102 000
Total Current Assets	9 395 000	8 655 000	4 886 000	13 492 000
Total Assets	12 540 000	12 814 000	10 399 000	19 457 000
Total Equity	8 379 000	7 751 000	6 282 000	6 632 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 000	72 000	437 000	684 000
Creditors	757 000	1 749 000	1 320 000	3 655 000
Unpaid Taxes	615 000	496 000	496 000	1 992 000
Dividends	1 250 000	1 250 000	1 000 000	1 000 000
Other Current Debt	655 000	575 000	542 000	4 683 000
Total Current Debt	4 120 000	4 991 000	3 680 000	12 141 000
Total Equity and Debt	12 540 000	12 814 000	10 399 000	19 457 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,35 %	35,08 %	22,29 %	47,66 %
Debt-to-Equity Ratio	0	0,01	0,07	0,1
Operating Profit Margin	22,02 %	18,26 %	10,71 %	16,31 %
Current Ratio	2,28	1,73	1,33	1,11
Quick Ratio	2,28	1,73	1,33	1,11
Equity Ratio	0,67	0,6	0,6	0,34
Gross Profit Margin	70,92 %	69,92 %	59,6 %	50,16 %