MARTINSHUS AS

4848 ARENDAL

Finances

Share Ownership

Return on Equity

14,6 %

Current Ratio

0,5

Debt-to-Equity Ratio

2,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 274 000	3 126 000	3 541 000	5 077 000
Net Income	80 000	97 000	−175 000	203 000
Total Assets	2 880 000	3 135 000	3 150 000	3 772 000
Total Equity	548 000	467 000	370 000	545 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 274 000	3 126 000	3 541 000	5 077 000
Expenditure	3 086 000	2 934 000	3 694 000	4 737 000
Operating Profit	188 000	192 000	−153 000	341 000
Financial Income	1 000	0	0	1 000
Financial Costs	85 000	68 000	71 000	81 000
Financial Balance	−84 000	−68 000	−71 000	−80 000
Earnings Before Tax	103 000	124 000	−223 000	260 000
Tax	23 000	27 000	−49 000	57 000
Net Income	80 000	97 000	−175 000	203 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 415 000	2 472 000	2 412 000	2 461 000
Total Current Assets	465 000	663 000	737 000	1 311 000
Total Assets	2 880 000	3 135 000	3 150 000	3 772 000
Total Retained Equity	448 000	367 000	270 000	445 000
Total Equity	548 000	467 000	370 000	545 000
Total Long-Term Debt	1 408 000	1 491 000	1 577 000	1 659 000
Total Current Debt	924 000	1 177 000	1 202 000	1 568 000
Total Equity and Debt	2 880 000	3 135 000	3 150 000	3 772 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 232 000	3 126 000	3 541 000	5 077 000
Other Income	42 000	0	0	0
Revenue	3 274 000	3 126 000	3 541 000	5 077 000
Cost of Goods Sold	443 000	309 000	354 000	553 000
Salary Costs	2 183 000	2 087 000	2 753 000	3 459 000
Depreciation	44 000	34 000	50 000	89 000
Impairment	0	0	0	0
Expenditure	3 086 000	2 934 000	3 694 000	4 737 000
Operating Profit	188 000	192 000	−153 000	341 000
Financial Income	1 000	0	0	1 000
Financial Costs	85 000	68 000	71 000	81 000
Financial Balance	−84 000	−68 000	−71 000	−80 000
Dividends	0	0	0	0
Net Income	80 000	97 000	−175 000	203 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 000	32 000	37 000	57 000
Real Eastate	2 294 000	2 294 000	2 294 000	2 272 000
Machinery and Plant Facilities	87 000	111 000	31 000	51 000
Fixtures	15 000	35 000	51 000	81 000
Total Tangible Assets	2 396 000	2 441 000	2 376 000	2 404 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 415 000	2 472 000	2 412 000	2 461 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	113 000	447 000	40 000	341 000
Total Current Assets	465 000	663 000	737 000	1 311 000
Total Assets	2 880 000	3 135 000	3 150 000	3 772 000
Total Equity	548 000	467 000	370 000	545 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 408 000	1 491 000	1 577 000	1 659 000
Creditors	−20 000	44 000	8 000	4 000
Unpaid Taxes	228 000	273 000	278 000	354 000
Dividends	0	0	0	0
Other Current Debt	707 000	837 000	866 000	1 114 000
Total Current Debt	924 000	1 177 000	1 202 000	1 568 000
Total Equity and Debt	2 880 000	3 135 000	3 150 000	3 772 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,6 %	20,77 %	−47,3 %	37,25 %
Debt-to-Equity Ratio	2,57	3,19	4,26	3,04
Operating Profit Margin	5,74 %	6,14 %	−4,32 %	6,72 %
Current Ratio	0,5	0,56	0,61	0,84
Quick Ratio	0,5	0,56	0,61	0,84
Equity Ratio	0,19	0,15	0,12	0,14
Gross Profit Margin	86,47 %	90,12 %	90 %	89,11 %