A-FORM AS

4517 MANDAL

Finances

Share Ownership

Return on Equity

53,04 %

Current Ratio

1,29

Debt-to-Equity Ratio

1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 530 000	6 878 000	4 209 000	5 241 000
Net Income	340 000	159 000	22 000	15 000
Total Assets	3 405 000	3 207 000	1 588 000	1 832 000
Total Equity	641 000	301 000	141 000	119 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 530 000	6 878 000	4 209 000	5 241 000
Expenditure	6 946 000	6 504 000	4 326 000	5 170 000
Operating Profit	507 000	265 000	98 000	71 000
Financial Income	0	0	0	0
Financial Costs	71 000	61 000	64 000	58 000
Financial Balance	−71 000	−61 000	−64 000	−58 000
Earnings Before Tax	436 000	204 000	34 000	13 000
Tax	96 000	45 000	12 000	−2 000
Net Income	340 000	159 000	22 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 203 000	1 023 000	612 000	670 000
Total Current Assets	2 202 000	2 183 000	976 000	1 162 000
Total Assets	3 405 000	3 207 000	1 588 000	1 832 000
Total Retained Equity	611 000	271 000	111 000	89 000
Total Equity	641 000	301 000	141 000	119 000
Total Long-Term Debt	1 058 000	1 340 000	710 000	899 000
Total Current Debt	1 706 000	1 566 000	736 000	814 000
Total Equity and Debt	3 405 000	3 207 000	1 588 000	1 832 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 750 000	6 878 000	4 143 000	5 183 000
Other Income	−220 000	0	66 000	58 000
Revenue	7 530 000	6 878 000	4 209 000	5 241 000
Cost of Goods Sold	2 127 000	2 640 000	1 518 000	2 361 000
Salary Costs	3 247 000	2 634 000	1 709 000	1 727 000
Depreciation	214 000	173 000	165 000	184 000
Impairment	0	0	0	0
Expenditure	6 946 000	6 504 000	4 326 000	5 170 000
Operating Profit	507 000	265 000	98 000	71 000
Financial Income	0	0	0	0
Financial Costs	71 000	61 000	64 000	58 000
Financial Balance	−71 000	−61 000	−64 000	−58 000
Dividends	0	0	0	0
Net Income	340 000	159 000	22 000	15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	59 000	67 000	0	0
Machinery and Plant Facilities	0	0	0	120 000
Fixtures	765 000	957 000	608 000	531 000
Total Tangible Assets	824 000	1 023 000	608 000	651 000
Total Fiancial Fixed Assets	379 000	0	4 000	19 000
Total Fixed Assets	1 203 000	1 023 000	612 000	670 000
Stock	764 000	677 000	590 000	278 000
Total Investments	0	0	0	0
Cash, Bank	325 000	1 233 000	56 000	170 000
Total Current Assets	2 202 000	2 183 000	976 000	1 162 000
Total Assets	3 405 000	3 207 000	1 588 000	1 832 000
Total Equity	641 000	301 000	141 000	119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 058 000	1 340 000	710 000	899 000
Creditors	379 000	853 000	284 000	394 000
Unpaid Taxes	395 000	320 000	207 000	233 000
Dividends	0	0	0	0
Other Current Debt	826 000	362 000	196 000	361 000
Total Current Debt	1 706 000	1 566 000	736 000	814 000
Total Equity and Debt	3 405 000	3 207 000	1 588 000	1 832 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,04 %	52,82 %	15,6 %	12,61 %
Debt-to-Equity Ratio	1,65	4,45	5,04	7,55
Operating Profit Margin	6,73 %	3,85 %	2,33 %	1,35 %
Current Ratio	1,29	1,39	1,33	1,43
Quick Ratio	2,34	2,46	6,68	2,17
Equity Ratio	0,19	0,09	0,09	0,06
Gross Profit Margin	71,75 %	61,62 %	63,93 %	54,95 %