MARTINSEN & STENSTAD BOLIGENTREPRENØR AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

13,23 %

Current Ratio

1,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 014 000	19 410 000	18 082 000	19 805 000
Net Income	431 000	931 000	758 000	780 000
Total Assets	6 978 000	4 864 000	4 116 000	3 415 000
Total Equity	3 257 000	2 825 000	1 894 000	1 135 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 014 000	19 410 000	18 082 000	19 805 000
Expenditure	17 466 000	18 213 000	17 118 000	18 807 000
Operating Profit	547 000	1 196 000	964 000	999 000
Financial Income	11 000	3 000	4 000	3 000
Financial Costs	3 000	2 000	0	2 000
Financial Balance	8 000	1 000	4 000	1 000
Earnings Before Tax	555 000	1 197 000	969 000	999 000
Tax	124 000	265 000	210 000	219 000
Net Income	431 000	931 000	758 000	780 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	210 000	246 000	24 000	46 000
Total Current Assets	6 768 000	4 617 000	4 092 000	3 369 000
Total Assets	6 978 000	4 864 000	4 116 000	3 415 000
Total Retained Equity	3 157 000	2 725 000	1 794 000	1 035 000
Total Equity	3 257 000	2 825 000	1 894 000	1 135 000
Total Long-Term Debt	6 000	7 000	1 000	0
Total Current Debt	3 715 000	2 032 000	2 222 000	2 280 000
Total Equity and Debt	6 978 000	4 864 000	4 116 000	3 415 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 014 000	19 410 000	18 082 000	19 805 000
Other Income	0	0	0	0
Revenue	18 014 000	19 410 000	18 082 000	19 805 000
Cost of Goods Sold	10 948 000	11 836 000	11 664 000	13 418 000
Salary Costs	5 584 000	5 324 000	4 420 000	4 258 000
Depreciation	68 000	48 000	22 000	30 000
Impairment	0	0	0	0
Expenditure	17 466 000	18 213 000	17 118 000	18 807 000
Operating Profit	547 000	1 196 000	964 000	999 000
Financial Income	11 000	3 000	4 000	3 000
Financial Costs	3 000	2 000	0	2 000
Financial Balance	8 000	1 000	4 000	1 000
Dividends	0	0	0	0
Net Income	431 000	931 000	758 000	780 000

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	210 000	246 000	24 000	46 000
Total Tangible Assets	210 000	246 000	24 000	46 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	210 000	246 000	24 000	46 000
Stock	39 000	26 000	31 000	26 000
Total Investments	0	0	0	0
Cash, Bank	4 695 000	3 130 000	3 396 000	1 306 000
Total Current Assets	6 768 000	4 617 000	4 092 000	3 369 000
Total Assets	6 978 000	4 864 000	4 116 000	3 415 000
Total Equity	3 257 000	2 825 000	1 894 000	1 135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	7 000	1 000	0
Creditors	2 291 000	453 000	953 000	846 000
Unpaid Taxes	767 000	760 000	639 000	786 000
Dividends	0	0	0	0
Other Current Debt	532 000	560 000	421 000	429 000
Total Current Debt	3 715 000	2 032 000	2 222 000	2 280 000
Total Equity and Debt	6 978 000	4 864 000	4 116 000	3 415 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,23 %	32,96 %	40,02 %	68,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,04 %	6,16 %	5,33 %	5,04 %
Current Ratio	1,82	2,27	1,84	1,48
Quick Ratio	1,84	2,3	1,87	1,49
Equity Ratio	0,47	0,58	0,46	0,33
Gross Profit Margin	39,23 %	39,02 %	35,49 %	32,25 %