MODESTY BOATS AS

1341 SLEPENDEN

Finances

Share Ownership

Return on Equity

54,86 %

Current Ratio

0,85

Debt-to-Equity Ratio

−0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	370 000	664 000	291 000	598 000
Net Income	−299 000	159 000	−48 000	109 000
Total Assets	1 228 000	1 416 000	307 000	407 000
Total Equity	−545 000	−246 000	−406 000	−358 000

Income (NOK)	2022	2021	2020	2019
Revenue	370 000	664 000	291 000	598 000
Expenditure	665 000	513 000	338 000	464 000
Operating Profit	−295 000	152 000	−48 000	135 000
Financial Income	0	8 000	0	0
Financial Costs	3 000	0	0	26 000
Financial Balance	−3 000	8 000	0	−26 000
Earnings Before Tax	−299 000	159 000	−48 000	109 000
Tax	0	0	0	0
Net Income	−299 000	159 000	−48 000	109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	13 000	13 000
Total Current Assets	1 228 000	1 416 000	294 000	393 000
Total Assets	1 228 000	1 416 000	307 000	407 000
Total Retained Equity	−595 000	−296 000	−456 000	−408 000
Total Equity	−545 000	−246 000	−406 000	−358 000
Total Long-Term Debt	335 000	335 000	0	0
Total Current Debt	1 438 000	1 328 000	713 000	765 000
Total Equity and Debt	1 228 000	1 416 000	307 000	407 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	370 000	661 000	291 000	598 000
Other Income	0	3 000	0	0
Revenue	370 000	664 000	291 000	598 000
Cost of Goods Sold	533 000	376 000	184 000	353 000
Salary Costs	1 000	0	3 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	665 000	513 000	338 000	464 000
Operating Profit	−295 000	152 000	−48 000	135 000
Financial Income	0	8 000	0	0
Financial Costs	3 000	0	0	26 000
Financial Balance	−3 000	8 000	0	−26 000
Dividends	0	0	0	0
Net Income	−299 000	159 000	−48 000	109 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	13 000	13 000
Total Fixed Assets	0	0	13 000	13 000
Stock	766 000	1 450 000	250 000	0
Total Investments	0	0	0	0
Cash, Bank	8 000	137 000	33 000	56 000
Total Current Assets	1 228 000	1 416 000	294 000	393 000
Total Assets	1 228 000	1 416 000	307 000	407 000
Total Equity	−545 000	−246 000	−406 000	−358 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	335 000	335 000	0	0
Creditors	529 000	241 000	197 000	387 000
Unpaid Taxes	15 000	47 000	0	70 000
Dividends	0	0	0	0
Other Current Debt	895 000	1 039 000	516 000	308 000
Total Current Debt	1 438 000	1 328 000	713 000	765 000
Total Equity and Debt	1 228 000	1 416 000	307 000	407 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,86 %	−64,63 %	11,82 %	−30,45 %
Debt-to-Equity Ratio	−0,61	−1,36	−0	−0
Operating Profit Margin	−79,73 %	22,89 %	−16,49 %	22,58 %
Current Ratio	0,85	1,07	0,41	0,51
Quick Ratio	1,83	−11,61	0,63	0,51
Equity Ratio	−0,44	−0,17	−1,32	−0,88
Gross Profit Margin	−44,05 %	43,37 %	36,77 %	40,97 %