MODSTRÖM AS

1707 SARPSBORG

Finances

Share Ownership

Return on Equity

23,31 %

Current Ratio

8,3

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	3 702 000	1 955 000	1 478 000	2 349 000
Net Income	1 021 000	548 000	302 000	392 000
Total Assets	4 980 000	3 688 000	2 983 000	2 751 000
Total Equity	4 380 000	3 360 000	2 812 000	2 510 000

Income (NOK)	2023	2022	2021	2020
Revenue	3 702 000	1 955 000	1 478 000	2 349 000
Expenditure	2 448 000	1 272 000	1 115 000	1 882 000
Operating Profit	1 254 000	683 000	362 000	467 000
Financial Income	79 000	22 000	30 000	26 000
Financial Costs	28 000	8 000	1 000	15 000
Financial Balance	51 000	14 000	29 000	11 000
Earnings Before Tax	1 305 000	698 000	392 000	477 000
Tax	284 000	150 000	90 000	85 000
Net Income	1 021 000	548 000	302 000	392 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	0	0	0	0
Total Current Assets	4 980 000	3 688 000	2 983 000	2 751 000
Total Assets	4 980 000	3 688 000	2 983 000	2 751 000
Total Retained Equity	4 350 000	3 330 000	2 782 000	2 480 000
Total Equity	4 380 000	3 360 000	2 812 000	2 510 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	600 000	328 000	171 000	241 000
Total Equity and Debt	4 980 000	3 688 000	2 983 000	2 751 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	3 702 000	1 955 000	1 478 000	2 349 000
Other Income	0	0	0	0
Revenue	3 702 000	1 955 000	1 478 000	2 349 000
Cost of Goods Sold	1 709 000	747 000	671 000	1 362 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 448 000	1 272 000	1 115 000	1 882 000
Operating Profit	1 254 000	683 000	362 000	467 000
Financial Income	79 000	22 000	30 000	26 000
Financial Costs	28 000	8 000	1 000	15 000
Financial Balance	51 000	14 000	29 000	11 000
Dividends	0	0	0	0
Net Income	1 021 000	548 000	302 000	392 000

Balance details (NOK)	2023	2022	2021	2020
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	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 863 000	1 490 000	775 000	548 000
Total Current Assets	4 980 000	3 688 000	2 983 000	2 751 000
Total Assets	4 980 000	3 688 000	2 983 000	2 751 000
Total Equity	4 380 000	3 360 000	2 812 000	2 510 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	25 000	16 000	29 000	12 000
Unpaid Taxes	56 000	45 000	42 000	32 000
Dividends	0	0	0	0
Other Current Debt	175 000	113 000	101 000	0
Total Current Debt	600 000	328 000	171 000	241 000
Total Equity and Debt	4 980 000	3 688 000	2 983 000	2 751 000

Financial indicators	2023	2022	2021	2020
Return on Equity	23,31 %	16,31 %	10,74 %	15,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	33,87 %	34,94 %	24,49 %	19,88 %
Current Ratio	8,3	11,24	17,44	11,41
Quick Ratio	8,3	11,24	17,44	11,41
Equity Ratio	0,88	0,91	0,94	0,91
Gross Profit Margin	53,84 %	61,79 %	54,6 %	42,02 %