BRØDRENE MEDALEN AS

4330 ÅLGÅRD

Finances

Return on Equity

52,48 %

Current Ratio

2,23

Debt-to-Equity Ratio

1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 467 000	51 303 000	56 365 000	55 266 000
Net Income	7 999 000	6 212 000	3 477 000	2 947 000
Total Assets	51 522 000	33 059 000	31 030 000	39 830 000
Total Equity	15 243 000	9 485 000	11 424 000	10 176 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 467 000	51 303 000	56 365 000	55 266 000
Expenditure	47 019 000	39 882 000	44 023 000	51 250 000
Operating Profit	11 861 000	7 996 000	4 891 000	4 261 000
Financial Income	4 000	299 000	15 000	3 000
Financial Costs	1 471 000	405 000	437 000	479 000
Financial Balance	−1 467 000	−106 000	−422 000	−476 000
Earnings Before Tax	10 394 000	7 891 000	4 469 000	3 785 000
Tax	2 395 000	1 679 000	992 000	838 000
Net Income	7 999 000	6 212 000	3 477 000	2 947 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 660 000	20 135 000	20 118 000	9 919 000
Total Current Assets	24 862 000	12 925 000	10 912 000	29 911 000
Total Assets	51 522 000	33 059 000	31 030 000	39 830 000
Total Retained Equity	14 375 000	8 618 000	10 556 000	9 309 000
Total Equity	15 243 000	9 485 000	11 424 000	10 176 000
Total Long-Term Debt	25 139 000	9 176 000	11 620 000	13 292 000
Total Current Debt	11 140 000	14 398 000	7 987 000	16 362 000
Total Equity and Debt	51 522 000	33 059 000	31 030 000	39 830 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 918 000	50 709 000	56 185 000	55 161 000
Other Income	548 000	594 000	180 000	106 000
Revenue	67 467 000	51 303 000	56 365 000	55 266 000
Cost of Goods Sold	27 314 000	22 634 000	26 780 000	35 409 000
Salary Costs	15 760 000	13 842 000	13 521 000	12 807 000
Depreciation	255 000	241 000	244 000	238 000
Impairment	0	0	0	0
Expenditure	47 019 000	39 882 000	44 023 000	51 250 000
Operating Profit	11 861 000	7 996 000	4 891 000	4 261 000
Financial Income	4 000	299 000	15 000	3 000
Financial Costs	1 471 000	405 000	437 000	479 000
Financial Balance	−1 467 000	−106 000	−422 000	−476 000
Dividends	0	4 000 000	0	0
Net Income	7 999 000	6 212 000	3 477 000	2 947 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 873 000	15 590 000	15 544 000	4 901 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	707 000	788 000	922 000	1 052 000
Total Tangible Assets	22 580 000	16 378 000	16 466 000	5 954 000
Total Fiancial Fixed Assets	4 080 000	3 757 000	3 652 000	3 965 000
Total Fixed Assets	26 660 000	20 135 000	20 118 000	9 919 000
Stock	19 744 000	8 267 000	6 155 000	23 643 000
Total Investments	873 000	1 145 000	19 000	19 000
Cash, Bank	586 000	642 000	2 903 000	1 080 000
Total Current Assets	24 862 000	12 925 000	10 912 000	29 911 000
Total Assets	51 522 000	33 059 000	31 030 000	39 830 000
Total Equity	15 243 000	9 485 000	11 424 000	10 176 000
Short-Term Group Debt	309 000	193 000	295 000	764 000
Total Long-Term Debt	25 139 000	9 176 000	11 620 000	13 292 000
Creditors	2 167 000	2 417 000	1 436 000	7 095 000
Unpaid Taxes	2 308 000	1 678 000	1 282 000	2 100 000
Dividends	0	4 000 000	0	0
Other Current Debt	4 015 000	4 438 000	2 078 000	5 729 000
Total Current Debt	11 140 000	14 398 000	7 987 000	16 362 000
Total Equity and Debt	51 522 000	33 059 000	31 030 000	39 830 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,48 %	65,49 %	30,44 %	28,96 %
Debt-to-Equity Ratio	1,65	0,97	1,02	1,31
Operating Profit Margin	17,58 %	15,59 %	8,68 %	7,71 %
Current Ratio	2,23	0,9	1,37	1,83
Quick Ratio	−2,89	2,11	5,96	−4,11
Equity Ratio	0,3	0,29	0,37	0,26
Gross Profit Margin	59,52 %	55,88 %	52,49 %	35,93 %