MJELSTAD VVS AS

5109 HYLKJE

Finances

Return on Equity

18,13 %

Current Ratio

1,41

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 696 000	12 780 000	8 918 000	12 923 000
Net Income	182 000	1 015 000	272 000	753 000
Total Assets	3 548 000	4 011 000	3 073 000	3 519 000
Total Equity	1 004 000	1 832 000	817 000	545 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 696 000	12 780 000	8 918 000	12 923 000
Expenditure	10 464 000	11 518 000	8 499 000	11 921 000
Operating Profit	232 000	1 262 000	420 000	1 001 000
Financial Income	0	10 000	0	2 000
Financial Costs	21 000	33 000	90 000	44 000
Financial Balance	−21 000	−23 000	−90 000	−42 000
Earnings Before Tax	211 000	1 239 000	330 000	959 000
Tax	29 000	225 000	58 000	206 000
Net Income	182 000	1 015 000	272 000	753 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	353 000	446 000	669 000	395 000
Total Current Assets	3 195 000	3 565 000	2 404 000	3 124 000
Total Assets	3 548 000	4 011 000	3 073 000	3 519 000
Total Retained Equity	974 000	1 802 000	787 000	515 000
Total Equity	1 004 000	1 832 000	817 000	545 000
Total Long-Term Debt	270 000	388 000	512 000	237 000
Total Current Debt	2 273 000	1 791 000	1 743 000	2 737 000
Total Equity and Debt	3 548 000	4 011 000	3 073 000	3 519 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 696 000	12 605 000	8 918 000	12 923 000
Other Income	0	175 000	0	0
Revenue	10 696 000	12 780 000	8 918 000	12 923 000
Cost of Goods Sold	4 894 000	5 733 000	3 815 000	5 612 000
Salary Costs	3 768 000	3 451 000	2 969 000	4 400 000
Depreciation	139 000	177 000	192 000	96 000
Impairment	0	0	0	0
Expenditure	10 464 000	11 518 000	8 499 000	11 921 000
Operating Profit	232 000	1 262 000	420 000	1 001 000
Financial Income	0	10 000	0	2 000
Financial Costs	21 000	33 000	90 000	44 000
Financial Balance	−21 000	−23 000	−90 000	−42 000
Dividends	1 000 000	0	0	200 000
Net Income	182 000	1 015 000	272 000	753 000

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	8 000
Fixtures	333 000	426 000	602 000	326 000
Total Tangible Assets	333 000	426 000	602 000	334 000
Total Fiancial Fixed Assets	20 000	20 000	67 000	61 000
Total Fixed Assets	353 000	446 000	669 000	395 000
Stock	0	0	37 000	65 000
Total Investments	0	0	0	0
Cash, Bank	772 000	1 632 000	152 000	1 000
Total Current Assets	3 195 000	3 565 000	2 404 000	3 124 000
Total Assets	3 548 000	4 011 000	3 073 000	3 519 000
Total Equity	1 004 000	1 832 000	817 000	545 000
Short-Term Group Debt	13 000	0	0	0
Total Long-Term Debt	270 000	388 000	512 000	237 000
Creditors	221 000	616 000	737 000	996 000
Unpaid Taxes	668 000	617 000	502 000	715 000
Dividends	1 000 000	0	0	200 000
Other Current Debt	346 000	334 000	322 000	467 000
Total Current Debt	2 273 000	1 791 000	1 743 000	2 737 000
Total Equity and Debt	3 548 000	4 011 000	3 073 000	3 519 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,13 %	55,4 %	33,29 %	138,17 %
Debt-to-Equity Ratio	0,27	0,21	0,63	0,43
Operating Profit Margin	2,17 %	9,87 %	4,71 %	7,75 %
Current Ratio	1,41	1,99	1,38	1,14
Quick Ratio	1,41	1,99	1,41	1,17
Equity Ratio	0,28	0,46	0,27	0,15
Gross Profit Margin	54,24 %	55,14 %	57,22 %	56,57 %