MODESTY AS

2317 HAMAR

Finances

Share Ownership

Return on Equity

−405,41 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 737 000	1 696 000	1 854 000	1 779 000
Net Income	−300 000	118 000	−91 000	−96 000
Total Assets	311 000	671 000	617 000	692 000
Total Equity	74 000	385 000	267 000	358 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 737 000	1 696 000	1 854 000	1 779 000
Expenditure	2 038 000	1 578 000	1 970 000	1 878 000
Operating Profit	−300 000	118 000	−114 000	−98 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	1 000	0	1 000	0
Earnings Before Tax	−300 000	118 000	−113 000	−98 000
Tax	0	0	−22 000	−2 000
Net Income	−300 000	118 000	−91 000	−96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000	16 000	44 000	103 000
Total Current Assets	310 000	655 000	573 000	589 000
Total Assets	311 000	671 000	617 000	692 000
Total Retained Equity	−31 000	280 000	162 000	253 000
Total Equity	74 000	385 000	267 000	358 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	237 000	286 000	350 000	334 000
Total Equity and Debt	311 000	671 000	617 000	692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 737 000	1 696 000	1 825 000	1 779 000
Other Income	0	0	29 000	0
Revenue	1 737 000	1 696 000	1 854 000	1 779 000
Cost of Goods Sold	235 000	192 000	319 000	265 000
Salary Costs	1 347 000	1 008 000	1 175 000	1 105 000
Depreciation	16 000	28 000	59 000	59 000
Impairment	0	0	0	0
Expenditure	2 038 000	1 578 000	1 970 000	1 878 000
Operating Profit	−300 000	118 000	−114 000	−98 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	0	0	0	1 000
Financial Balance	1 000	0	1 000	0
Dividends	0	0	0	0
Net Income	−300 000	118 000	−91 000	−96 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	8 000	18 000	28 000
Total Intangible Assets	0	8 000	18 000	28 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	8 000	26 000	75 000
Total Tangible Assets	1 000	8 000	26 000	75 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 000	16 000	44 000	103 000
Stock	174 000	156 000	119 000	157 000
Total Investments	0	0	0	0
Cash, Bank	130 000	488 000	421 000	411 000
Total Current Assets	310 000	655 000	573 000	589 000
Total Assets	311 000	671 000	617 000	692 000
Total Equity	74 000	385 000	267 000	358 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 000	14 000	13 000	23 000
Unpaid Taxes	111 000	98 000	127 000	146 000
Dividends	0	0	0	0
Other Current Debt	107 000	174 000	210 000	165 000
Total Current Debt	237 000	286 000	350 000	334 000
Total Equity and Debt	311 000	671 000	617 000	692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−405,41 %	30,65 %	−34,08 %	−26,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−17,27 %	6,96 %	−6,15 %	−5,51 %
Current Ratio	1,31	2,29	1,64	1,76
Quick Ratio	4,92	5,04	2,48	3,33
Equity Ratio	0,24	0,57	0,43	0,52
Gross Profit Margin	86,47 %	88,68 %	82,79 %	85,1 %