MASKIN & ASFALT AS

3270 LARVIK

Finances

Share Ownership

Return on Equity

64,77 %

Current Ratio

1,9

Debt-to-Equity Ratio

2,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 954 000	65 910 000	59 518 000	47 800 000
Net Income	3 686 000	4 575 000	4 239 000	4 019 000
Total Assets	31 713 000	23 251 000	27 445 000	26 564 000
Total Equity	5 691 000	7 505 000	2 930 000	4 811 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 954 000	65 910 000	59 518 000	47 800 000
Expenditure	65 096 000	60 134 000	53 676 000	42 406 000
Operating Profit	4 858 000	5 777 000	5 842 000	5 394 000
Financial Income	25 000	13 000	60 000	160 000
Financial Costs	235 000	162 000	219 000	333 000
Financial Balance	−210 000	−149 000	−159 000	−173 000
Earnings Before Tax	4 648 000	5 628 000	5 683 000	5 221 000
Tax	962 000	1 053 000	1 444 000	1 202 000
Net Income	3 686 000	4 575 000	4 239 000	4 019 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 954 000	11 758 000	7 510 000	6 330 000
Total Current Assets	23 759 000	11 493 000	19 935 000	20 234 000
Total Assets	31 713 000	23 251 000	27 445 000	26 564 000
Total Retained Equity	5 591 000	7 405 000	2 830 000	4 711 000
Total Equity	5 691 000	7 505 000	2 930 000	4 811 000
Total Long-Term Debt	13 527 000	7 576 000	7 495 000	7 328 000
Total Current Debt	12 494 000	8 169 000	17 020 000	14 424 000
Total Equity and Debt	31 713 000	23 251 000	27 445 000	26 564 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 914 000	63 426 000	59 570 000	46 352 000
Other Income	40 000	2 484 000	−53 000	1 448 000
Revenue	69 954 000	65 910 000	59 518 000	47 800 000
Cost of Goods Sold	33 540 000	30 371 000	25 755 000	19 502 000
Salary Costs	13 917 000	11 865 000	11 092 000	10 149 000
Depreciation	2 797 000	2 790 000	2 502 000	3 194 000
Impairment	0	0	0	0
Expenditure	65 096 000	60 134 000	53 676 000	42 406 000
Operating Profit	4 858 000	5 777 000	5 842 000	5 394 000
Financial Income	25 000	13 000	60 000	160 000
Financial Costs	235 000	162 000	219 000	333 000
Financial Balance	−210 000	−149 000	−159 000	−173 000
Dividends	1 800 000	0	6 120 000	4 000 000
Net Income	3 686 000	4 575 000	4 239 000	4 019 000

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	4 047 000	5 134 000	1 739 000	1 027 000
Fixtures	3 907 000	5 773 000	4 983 000	4 828 000
Total Tangible Assets	7 954 000	10 906 000	6 722 000	5 854 000
Total Fiancial Fixed Assets	0	852 000	788 000	476 000
Total Fixed Assets	7 954 000	11 758 000	7 510 000	6 330 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 571 000	4 974 000	13 344 000	12 782 000
Total Current Assets	23 759 000	11 493 000	19 935 000	20 234 000
Total Assets	31 713 000	23 251 000	27 445 000	26 564 000
Total Equity	5 691 000	7 505 000	2 930 000	4 811 000
Short-Term Group Debt	0	5 000	20 000	3 970 000
Total Long-Term Debt	13 527 000	7 576 000	7 495 000	7 328 000
Creditors	5 816 000	4 013 000	6 551 000	1 850 000
Unpaid Taxes	2 744 000	2 186 000	1 836 000	2 565 000
Dividends	1 800 000	0	6 120 000	4 000 000
Other Current Debt	1 192 000	911 000	1 049 000	836 000
Total Current Debt	12 494 000	8 169 000	17 020 000	14 424 000
Total Equity and Debt	31 713 000	23 251 000	27 445 000	26 564 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,77 %	60,96 %	144,68 %	83,54 %
Debt-to-Equity Ratio	2,38	1,01	2,56	1,52
Operating Profit Margin	6,94 %	8,76 %	9,82 %	11,28 %
Current Ratio	1,9	1,41	1,17	1,4
Quick Ratio	1,9	1,41	1,17	1,4
Equity Ratio	0,18	0,32	0,11	0,18
Gross Profit Margin	52,05 %	53,92 %	56,73 %	59,2 %