MARTINSEN & SØNN INSTALLASJON AS

1618 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

19,9 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 514 000	15 842 000	10 617 000	19 568 000
Net Income	540 000	371 000	412 000	1 979 000
Total Assets	8 513 000	5 186 000	7 002 000	7 479 000
Total Equity	2 713 000	2 673 000	2 152 000	2 740 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 514 000	15 842 000	10 617 000	19 568 000
Expenditure	16 820 000	15 367 000	10 078 000	16 988 000
Operating Profit	695 000	474 000	539 000	2 580 000
Financial Income	9 000	8 000	20 000	7 000
Financial Costs	3 000	6 000	27 000	37 000
Financial Balance	6 000	2 000	−7 000	−30 000
Earnings Before Tax	701 000	477 000	531 000	2 551 000
Tax	161 000	106 000	119 000	571 000
Net Income	540 000	371 000	412 000	1 979 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	163 000	208 000	221 000	0
Total Current Assets	8 350 000	4 978 000	6 782 000	7 479 000
Total Assets	8 513 000	5 186 000	7 002 000	7 479 000
Total Retained Equity	2 537 000	2 497 000	1 975 000	2 563 000
Total Equity	2 713 000	2 673 000	2 152 000	2 740 000
Total Long-Term Debt	111 000	99 000	288 000	1 018 000
Total Current Debt	5 688 000	2 413 000	4 562 000	3 721 000
Total Equity and Debt	8 513 000	5 186 000	7 002 000	7 479 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 514 000	15 842 000	10 204 000	19 568 000
Other Income	0	0	413 000	0
Revenue	17 514 000	15 842 000	10 617 000	19 568 000
Cost of Goods Sold	9 705 000	7 650 000	4 133 000	8 856 000
Salary Costs	4 753 000	5 870 000	4 758 000	5 923 000
Depreciation	56 000	50 000	42 000	0
Impairment	0	0	0	0
Expenditure	16 820 000	15 367 000	10 078 000	16 988 000
Operating Profit	695 000	474 000	539 000	2 580 000
Financial Income	9 000	8 000	20 000	7 000
Financial Costs	3 000	6 000	27 000	37 000
Financial Balance	6 000	2 000	−7 000	−30 000
Dividends	500 000	0	0	0
Net Income	540 000	371 000	412 000	1 979 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	50 000	13 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	163 000	158 000	208 000	0
Total Tangible Assets	163 000	158 000	208 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	163 000	208 000	221 000	0
Stock	236 000	172 000	116 000	153 000
Total Investments	0	0	0	0
Cash, Bank	4 530 000	3 774 000	2 787 000	5 814 000
Total Current Assets	8 350 000	4 978 000	6 782 000	7 479 000
Total Assets	8 513 000	5 186 000	7 002 000	7 479 000
Total Equity	2 713 000	2 673 000	2 152 000	2 740 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	111 000	99 000	288 000	1 018 000
Creditors	3 104 000	582 000	1 254 000	610 000
Unpaid Taxes	630 000	590 000	770 000	374 000
Dividends	500 000	0	0	0
Other Current Debt	1 955 000	1 099 000	1 852 000	2 726 000
Total Current Debt	5 688 000	2 413 000	4 562 000	3 721 000
Total Equity and Debt	8 513 000	5 186 000	7 002 000	7 479 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,9 %	13,88 %	19,14 %	72,23 %
Debt-to-Equity Ratio	0,04	0,04	0,13	0,37
Operating Profit Margin	3,97 %	2,99 %	5,08 %	13,18 %
Current Ratio	1,47	2,06	1,49	2,01
Quick Ratio	1,53	2,22	1,53	2,1
Equity Ratio	0,32	0,52	0,31	0,37
Gross Profit Margin	44,59 %	51,71 %	61,07 %	54,74 %