MARTINSEN BILLAKK AS

2334 ROMEDAL

Finances

Share Ownership

Return on Equity

17,85 %

Current Ratio

4,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 682 000	3 008 000	3 321 000	2 058 000
Net Income	318 000	487 000	654 000	561 000
Total Assets	2 156 000	2 565 000	2 143 000	1 437 000
Total Equity	1 782 000	1 464 000	1 478 000	1 024 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 682 000	3 008 000	3 321 000	2 058 000
Expenditure	2 271 000	2 384 000	2 481 000	1 338 000
Operating Profit	412 000	623 000	840 000	720 000
Financial Income	4 000	2 000	1 000	1 000
Financial Costs	0	0	3 000	1 000
Financial Balance	4 000	2 000	−2 000	0
Earnings Before Tax	416 000	624 000	838 000	719 000
Tax	98 000	137 000	184 000	158 000
Net Income	318 000	487 000	654 000	561 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	603 000	770 000	698 000	466 000
Total Current Assets	1 554 000	1 795 000	1 445 000	971 000
Total Assets	2 156 000	2 565 000	2 143 000	1 437 000
Total Retained Equity	1 678 000	1 360 000	1 374 000	920 000
Total Equity	1 782 000	1 464 000	1 478 000	1 024 000
Total Long-Term Debt	0	2 000	3 000	0
Total Current Debt	374 000	1 099 000	662 000	413 000
Total Equity and Debt	2 156 000	2 565 000	2 143 000	1 437 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 479 000	2 840 000	3 321 000	2 058 000
Other Income	204 000	168 000	0	0
Revenue	2 682 000	3 008 000	3 321 000	2 058 000
Cost of Goods Sold	506 000	603 000	866 000	475 000
Salary Costs	632 000	704 000	727 000	247 000
Depreciation	168 000	188 000	150 000	101 000
Impairment	0	0	0	0
Expenditure	2 271 000	2 384 000	2 481 000	1 338 000
Operating Profit	412 000	623 000	840 000	720 000
Financial Income	4 000	2 000	1 000	1 000
Financial Costs	0	0	3 000	1 000
Financial Balance	4 000	2 000	−2 000	0
Dividends	0	500 000	200 000	0
Net Income	318 000	487 000	654 000	561 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	7 000
Real Eastate	243 000	0	0	0
Machinery and Plant Facilities	348 000	735 000	598 000	370 000
Fixtures	11 000	35 000	99 000	90 000
Total Tangible Assets	603 000	770 000	698 000	460 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	603 000	770 000	698 000	466 000
Stock	148 000	134 000	137 000	150 000
Total Investments	0	0	0	0
Cash, Bank	1 157 000	1 588 000	1 198 000	698 000
Total Current Assets	1 554 000	1 795 000	1 445 000	971 000
Total Assets	2 156 000	2 565 000	2 143 000	1 437 000
Total Equity	1 782 000	1 464 000	1 478 000	1 024 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	3 000	0
Creditors	111 000	373 000	78 000	32 000
Unpaid Taxes	112 000	11 000	119 000	128 000
Dividends	0	500 000	200 000	0
Other Current Debt	52 000	77 000	91 000	95 000
Total Current Debt	374 000	1 099 000	662 000	413 000
Total Equity and Debt	2 156 000	2 565 000	2 143 000	1 437 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,85 %	33,27 %	44,25 %	54,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,36 %	20,71 %	25,29 %	34,99 %
Current Ratio	4,16	1,63	2,18	2,35
Quick Ratio	6,88	1,86	2,75	3,69
Equity Ratio	0,83	0,57	0,69	0,71
Gross Profit Margin	81,13 %	79,95 %	73,92 %	76,92 %