BJØRN H MADSEN AS

3152 TOLVSRØD

Finances

Share Ownership

Return on Equity

58,93 %

Current Ratio

2,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 560 000	1 996 000	1 899 000	2 227 000
Net Income	785 000	469 000	215 000	598 000
Total Assets	2 204 000	1 489 000	1 232 000	1 401 000
Total Equity	1 332 000	707 000	538 000	573 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 560 000	1 996 000	1 899 000	2 227 000
Expenditure	1 547 000	1 393 000	1 617 000	1 459 000
Operating Profit	1 013 000	603 000	282 000	768 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	1 000	1 000
Financial Balance	−1 000	0	−1 000	−1 000
Earnings Before Tax	1 012 000	603 000	280 000	768 000
Tax	227 000	134 000	66 000	170 000
Net Income	785 000	469 000	215 000	598 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	16 000	23 000	10 000
Total Current Assets	2 195 000	1 473 000	1 209 000	1 391 000
Total Assets	2 204 000	1 489 000	1 232 000	1 401 000
Total Retained Equity	1 220 000	595 000	426 000	461 000
Total Equity	1 332 000	707 000	538 000	573 000
Total Long-Term Debt	2 000	4 000	2 000	2 000
Total Current Debt	869 000	778 000	692 000	826 000
Total Equity and Debt	2 204 000	1 489 000	1 232 000	1 401 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 560 000	1 996 000	1 899 000	2 227 000
Other Income	0	0	0	0
Revenue	2 560 000	1 996 000	1 899 000	2 227 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 246 000	1 134 000	1 291 000	1 222 000
Depreciation	7 000	7 000	5 000	4 000
Impairment	0	0	0	0
Expenditure	1 547 000	1 393 000	1 617 000	1 459 000
Operating Profit	1 013 000	603 000	282 000	768 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	1 000	1 000
Financial Balance	−1 000	0	−1 000	−1 000
Dividends	160 000	300 000	250 000	250 000
Net Income	785 000	469 000	215 000	598 000

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	9 000	16 000	23 000	10 000
Total Tangible Assets	9 000	16 000	23 000	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 000	16 000	23 000	10 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 663 000	1 081 000	960 000	955 000
Total Current Assets	2 195 000	1 473 000	1 209 000	1 391 000
Total Assets	2 204 000	1 489 000	1 232 000	1 401 000
Total Equity	1 332 000	707 000	538 000	573 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	4 000	2 000	2 000
Creditors	3 000	15 000	10 000	7 000
Unpaid Taxes	291 000	151 000	230 000	253 000
Dividends	160 000	300 000	250 000	250 000
Other Current Debt	188 000	180 000	137 000	145 000
Total Current Debt	869 000	778 000	692 000	826 000
Total Equity and Debt	2 204 000	1 489 000	1 232 000	1 401 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,93 %	66,34 %	39,96 %	104,36 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	39,57 %	30,21 %	14,85 %	34,49 %
Current Ratio	2,53	1,89	1,75	1,68
Quick Ratio	2,53	1,89	1,75	1,68
Equity Ratio	0,6	0,47	0,44	0,41
Gross Profit Margin	100 %	100 %	100 %	100 %