MURMESTER ÅGE LETH AS

3241 SANDEFJORD

Finances

Return on Equity

22,18 %

Current Ratio

1,07

Debt-to-Equity Ratio

1,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 132 000	14 778 000	14 483 000	10 484 000
Net Income	285 000	809 000	928 000	329 000
Total Assets	4 692 000	5 997 000	5 045 000	3 693 000
Total Equity	1 285 000	1 730 000	1 620 000	893 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 132 000	14 778 000	14 483 000	10 484 000
Expenditure	14 704 000	13 672 000	13 235 000	10 008 000
Operating Profit	428 000	1 106 000	1 247 000	476 000
Financial Income	0	0	0	0
Financial Costs	58 000	68 000	56 000	55 000
Financial Balance	−58 000	−68 000	−56 000	−55 000
Earnings Before Tax	371 000	1 038 000	1 191 000	421 000
Tax	86 000	229 000	263 000	93 000
Net Income	285 000	809 000	928 000	329 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 694 000	2 835 000	1 940 000	1 346 000
Total Current Assets	1 999 000	3 161 000	3 105 000	2 347 000
Total Assets	4 692 000	5 997 000	5 045 000	3 693 000
Total Retained Equity	1 185 000	1 630 000	1 520 000	793 000
Total Equity	1 285 000	1 730 000	1 620 000	893 000
Total Long-Term Debt	1 532 000	1 744 000	1 634 000	1 162 000
Total Current Debt	1 875 000	2 522 000	1 791 000	1 638 000
Total Equity and Debt	4 692 000	5 997 000	5 045 000	3 693 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 093 000	14 778 000	14 483 000	10 468 000
Other Income	39 000	0	0	16 000
Revenue	15 132 000	14 778 000	14 483 000	10 484 000
Cost of Goods Sold	7 229 000	6 426 000	7 366 000	4 764 000
Salary Costs	5 224 000	5 255 000	4 311 000	3 812 000
Depreciation	403 000	350 000	286 000	256 000
Impairment	0	0	0	0
Expenditure	14 704 000	13 672 000	13 235 000	10 008 000
Operating Profit	428 000	1 106 000	1 247 000	476 000
Financial Income	0	0	0	0
Financial Costs	58 000	68 000	56 000	55 000
Financial Balance	−58 000	−68 000	−56 000	−55 000
Dividends	0	0	0	0
Net Income	285 000	809 000	928 000	329 000

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	1 858 000	2 070 000	1 925 000	1 344 000
Total Tangible Assets	1 858 000	2 070 000	1 925 000	1 344 000
Total Fiancial Fixed Assets	835 000	765 000	15 000	1 000
Total Fixed Assets	2 694 000	2 835 000	1 940 000	1 346 000
Stock	32 000	16 000	4 000	19 000
Total Investments	0	0	0	0
Cash, Bank	403 000	1 725 000	1 877 000	569 000
Total Current Assets	1 999 000	3 161 000	3 105 000	2 347 000
Total Assets	4 692 000	5 997 000	5 045 000	3 693 000
Total Equity	1 285 000	1 730 000	1 620 000	893 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 532 000	1 744 000	1 634 000	1 162 000
Creditors	483 000	548 000	497 000	773 000
Unpaid Taxes	501 000	820 000	647 000	491 000
Dividends	0	0	0	0
Other Current Debt	882 000	1 015 000	431 000	303 000
Total Current Debt	1 875 000	2 522 000	1 791 000	1 638 000
Total Equity and Debt	4 692 000	5 997 000	5 045 000	3 693 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,18 %	46,76 %	57,28 %	36,84 %
Debt-to-Equity Ratio	1,19	1,01	1,01	1,3
Operating Profit Margin	2,83 %	7,48 %	8,61 %	4,54 %
Current Ratio	1,07	1,25	1,73	1,43
Quick Ratio	1,08	1,26	1,74	1,45
Equity Ratio	0,27	0,29	0,32	0,24
Gross Profit Margin	52,23 %	56,52 %	49,14 %	54,56 %