R. MJELDE AS

5124 MORVIK

Finances

Return on Equity

89,6 %

Current Ratio

1,32

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 390 000	3 525 000	3 517 000	4 487 000
Net Income	620 000	353 000	277 000	290 000
Total Assets	3 196 000	2 343 000	2 383 000	2 013 000
Total Equity	692 000	1 072 000	719 000	442 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 390 000	3 525 000	3 517 000	4 487 000
Expenditure	4 534 000	3 055 000	3 052 000	4 207 000
Operating Profit	855 000	470 000	375 000	385 000
Financial Income	3 000	3 000	6 000	6 000
Financial Costs	23 000	19 000	25 000	21 000
Financial Balance	−20 000	−16 000	−19 000	−15 000
Earnings Before Tax	834 000	454 000	355 000	370 000
Tax	215 000	100 000	78 000	80 000
Net Income	620 000	353 000	277 000	290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	391 000	644 000	919 000	523 000
Total Current Assets	2 806 000	1 699 000	1 464 000	1 489 000
Total Assets	3 196 000	2 343 000	2 383 000	2 013 000
Total Retained Equity	592 000	972 000	619 000	342 000
Total Equity	692 000	1 072 000	719 000	442 000
Total Long-Term Debt	387 000	563 000	748 000	407 000
Total Current Debt	2 118 000	708 000	916 000	1 164 000
Total Equity and Debt	3 196 000	2 343 000	2 383 000	2 013 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 390 000	3 525 000	3 357 000	4 487 000
Other Income	0	0	160 000	0
Revenue	5 390 000	3 525 000	3 517 000	4 487 000
Cost of Goods Sold	1 906 000	968 000	1 228 000	1 623 000
Salary Costs	1 630 000	1 313 000	1 081 000	1 754 000
Depreciation	253 000	274 000	223 000	151 000
Impairment	0	0	0	0
Expenditure	4 534 000	3 055 000	3 052 000	4 207 000
Operating Profit	855 000	470 000	375 000	385 000
Financial Income	3 000	3 000	6 000	6 000
Financial Costs	23 000	19 000	25 000	21 000
Financial Balance	−20 000	−16 000	−19 000	−15 000
Dividends	1 000 000	0	0	400 000
Net Income	620 000	353 000	277 000	290 000

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	391 000	644 000	919 000	523 000
Total Tangible Assets	391 000	644 000	919 000	523 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	391 000	644 000	919 000	523 000
Stock	40 000	64 000	77 000	169 000
Total Investments	20 000	20 000	20 000	20 000
Cash, Bank	1 452 000	1 172 000	743 000	534 000
Total Current Assets	2 806 000	1 699 000	1 464 000	1 489 000
Total Assets	3 196 000	2 343 000	2 383 000	2 013 000
Total Equity	692 000	1 072 000	719 000	442 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	387 000	563 000	748 000	407 000
Creditors	164 000	123 000	475 000	213 000
Unpaid Taxes	502 000	271 000	102 000	260 000
Dividends	1 000 000	0	0	400 000
Other Current Debt	217 000	186 000	284 000	188 000
Total Current Debt	2 118 000	708 000	916 000	1 164 000
Total Equity and Debt	3 196 000	2 343 000	2 383 000	2 013 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,6 %	32,93 %	38,53 %	65,61 %
Debt-to-Equity Ratio	0,56	0,53	1,04	0,92
Operating Profit Margin	15,86 %	13,33 %	10,66 %	8,58 %
Current Ratio	1,32	2,4	1,6	1,28
Quick Ratio	1,35	2,64	1,74	1,5
Equity Ratio	0,22	0,46	0,3	0,22
Gross Profit Margin	64,64 %	72,54 %	65,08 %	63,83 %