MARTINS MASKINSERVICE AS

3370 VIKERSUND

Finances

Share Ownership

Return on Equity

−62,24 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 235 000	2 250 000	2 423 000	1 767 000
Net Income	−89 000	−136 000	422 000	−2 000
Total Assets	468 000	873 000	1 032 000	517 000
Total Equity	143 000	232 000	368 000	−55 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 235 000	2 250 000	2 423 000	1 767 000
Expenditure	1 339 000	2 396 000	1 800 000	1 758 000
Operating Profit	−104 000	−147 000	623 000	8 000
Financial Income	1 000	4 000	6 000	5 000
Financial Costs	10 000	31 000	74 000	16 000
Financial Balance	−9 000	−27 000	−68 000	−11 000
Earnings Before Tax	−114 000	−174 000	555 000	−3 000
Tax	−25 000	−38 000	132 000	−1 000
Net Income	−89 000	−136 000	422 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	151 000	154 000	150 000	208 000
Total Current Assets	317 000	719 000	881 000	309 000
Total Assets	468 000	873 000	1 032 000	517 000
Total Retained Equity	113 000	202 000	338 000	−85 000
Total Equity	143 000	232 000	368 000	−55 000
Total Long-Term Debt	105 000	104 000	168 000	154 000
Total Current Debt	220 000	537 000	496 000	417 000
Total Equity and Debt	468 000	873 000	1 032 000	517 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 229 000	2 186 000	2 342 000	1 767 000
Other Income	6 000	64 000	82 000	0
Revenue	1 235 000	2 250 000	2 423 000	1 767 000
Cost of Goods Sold	372 000	932 000	730 000	809 000
Salary Costs	453 000	583 000	416 000	417 000
Depreciation	18 000	22 000	38 000	47 000
Impairment	0	0	0	0
Expenditure	1 339 000	2 396 000	1 800 000	1 758 000
Operating Profit	−104 000	−147 000	623 000	8 000
Financial Income	1 000	4 000	6 000	5 000
Financial Costs	10 000	31 000	74 000	16 000
Financial Balance	−9 000	−27 000	−68 000	−11 000
Dividends	0	0	0	0
Net Income	−89 000	−136 000	422 000	−2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	49 000	24 000	0	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	72 000	90 000	150 000	188 000
Total Tangible Assets	72 000	90 000	150 000	188 000
Total Fiancial Fixed Assets	30 000	40 000	0	0
Total Fixed Assets	151 000	154 000	150 000	208 000
Stock	19 000	19 000	19 000	19 000
Total Investments	0	0	0	45 000
Cash, Bank	33 000	44 000	235 000	46 000
Total Current Assets	317 000	719 000	881 000	309 000
Total Assets	468 000	873 000	1 032 000	517 000
Total Equity	143 000	232 000	368 000	−55 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	105 000	104 000	168 000	154 000
Creditors	109 000	245 000	165 000	91 000
Unpaid Taxes	12 000	170 000	211 000	79 000
Dividends	0	0	0	0
Other Current Debt	99 000	122 000	22 000	248 000
Total Current Debt	220 000	537 000	496 000	417 000
Total Equity and Debt	468 000	873 000	1 032 000	517 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−62,24 %	−58,62 %	114,67 %	3,64 %
Debt-to-Equity Ratio	0,73	0,45	0,46	−2,8
Operating Profit Margin	−8,42 %	−6,53 %	25,71 %	0,45 %
Current Ratio	1,44	1,34	1,78	0,74
Quick Ratio	1,58	1,39	1,85	0,78
Equity Ratio	0,31	0,27	0,36	−0,11
Gross Profit Margin	69,88 %	58,58 %	69,87 %	54,22 %