MODALEN SANDTAK AS

5729 MODALEN

Finances

Share Ownership

Return on Equity

17,76 %

Current Ratio

2,65

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 548 000	3 862 000	5 093 000	4 755 000
Net Income	335 000	−237 000	590 000	122 000
Total Assets	2 619 000	1 820 000	2 269 000	2 311 000
Total Equity	1 886 000	1 551 000	1 788 000	1 198 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 548 000	3 862 000	5 093 000	4 755 000
Expenditure	4 271 000	4 140 000	4 310 000	4 578 000
Operating Profit	426 000	−304 000	783 000	164 000
Financial Income	4 000	3 000	2 000	2 000
Financial Costs	0	3 000	29 000	10 000
Financial Balance	4 000	0	−27 000	−8 000
Earnings Before Tax	430 000	−304 000	756 000	156 000
Tax	94 000	−67 000	166 000	34 000
Net Income	335 000	−237 000	590 000	122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	944 000	1 066 000	1 189 000	1 248 000
Total Current Assets	1 675 000	754 000	1 080 000	1 063 000
Total Assets	2 619 000	1 820 000	2 269 000	2 311 000
Total Retained Equity	1 392 000	1 057 000	1 293 000	704 000
Total Equity	1 886 000	1 551 000	1 788 000	1 198 000
Total Long-Term Debt	99 000	30 000	97 000	713 000
Total Current Debt	633 000	239 000	385 000	400 000
Total Equity and Debt	2 619 000	1 820 000	2 269 000	2 311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 532 000	3 861 000	5 086 000	4 751 000
Other Income	17 000	0	7 000	4 000
Revenue	4 548 000	3 862 000	5 093 000	4 755 000
Cost of Goods Sold	2 651 000	2 512 000	2 584 000	2 761 000
Salary Costs	613 000	551 000	581 000	607 000
Depreciation	123 000	123 000	118 000	111 000
Impairment	0	0	0	0
Expenditure	4 271 000	4 140 000	4 310 000	4 578 000
Operating Profit	426 000	−304 000	783 000	164 000
Financial Income	4 000	3 000	2 000	2 000
Financial Costs	0	3 000	29 000	10 000
Financial Balance	4 000	0	−27 000	−8 000
Dividends	0	0	0	0
Net Income	335 000	−237 000	590 000	122 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	69 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	944 000	1 066 000	1 189 000	1 178 000
Fixtures	0	0	0	0
Total Tangible Assets	944 000	1 066 000	1 189 000	1 178 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	944 000	1 066 000	1 189 000	1 248 000
Stock	305 000	188 000	436 000	321 000
Total Investments	0	0	0	0
Cash, Bank	1 201 000	434 000	433 000	553 000
Total Current Assets	1 675 000	754 000	1 080 000	1 063 000
Total Assets	2 619 000	1 820 000	2 269 000	2 311 000
Total Equity	1 886 000	1 551 000	1 788 000	1 198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	99 000	30 000	97 000	713 000
Creditors	425 000	221 000	269 000	272 000
Unpaid Taxes	134 000	−36 000	58 000	78 000
Dividends	0	0	0	0
Other Current Debt	49 000	54 000	58 000	49 000
Total Current Debt	633 000	239 000	385 000	400 000
Total Equity and Debt	2 619 000	1 820 000	2 269 000	2 311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,76 %	−15,28 %	33 %	10,18 %
Debt-to-Equity Ratio	0,05	0,02	0,05	0,6
Operating Profit Margin	9,37 %	−7,87 %	15,37 %	3,45 %
Current Ratio	2,65	3,15	2,81	2,66
Quick Ratio	5,11	14,78	−21,18	13,46
Equity Ratio	0,72	0,85	0,79	0,52
Gross Profit Margin	41,71 %	34,96 %	49,26 %	41,93 %