MOMENTUM TECHNOLOGIES AS

7044 TRONDHEIM

Finances

Return on Equity

4,21 %

Current Ratio

4,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 996 000	12 232 000	7 164 000	4 653 000
Net Income	263 000	3 728 000	952 000	−855 000
Total Assets	7 816 000	9 744 000	6 296 000	2 564 000
Total Equity	6 243 000	5 981 000	2 683 000	1 731 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 996 000	12 232 000	7 164 000	4 653 000
Expenditure	6 706 000	7 450 000	5 944 000	5 802 000
Operating Profit	290 000	4 781 000	1 220 000	−1 149 000
Financial Income	0	0	2 000	1 000
Financial Costs	4 000	2 000	0	0
Financial Balance	−4 000	−2 000	2 000	1 000
Earnings Before Tax	286 000	4 779 000	1 222 000	−1 148 000
Tax	23 000	1 051 000	270 000	−293 000
Net Income	263 000	3 728 000	952 000	−855 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 300 000	47 000	150 000	497 000
Total Current Assets	6 516 000	9 698 000	6 146 000	2 067 000
Total Assets	7 816 000	9 744 000	6 296 000	2 564 000
Total Retained Equity	5 288 000	5 025 000	1 688 000	736 000
Total Equity	6 243 000	5 981 000	2 683 000	1 731 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 573 000	3 764 000	3 614 000	833 000
Total Equity and Debt	7 816 000	9 744 000	6 296 000	2 564 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 544 000	11 302 000	6 496 000	3 713 000
Other Income	452 000	930 000	668 000	940 000
Revenue	6 996 000	12 232 000	7 164 000	4 653 000
Cost of Goods Sold	200 000	995 000	1 640 000	61 000
Salary Costs	4 986 000	4 497 000	3 354 000	4 107 000
Depreciation	17 000	118 000	134 000	130 000
Impairment	0	0	0	0
Expenditure	6 706 000	7 450 000	5 944 000	5 802 000
Operating Profit	290 000	4 781 000	1 220 000	−1 149 000
Financial Income	0	0	2 000	1 000
Financial Costs	4 000	2 000	0	0
Financial Balance	−4 000	−2 000	2 000	1 000
Dividends	0	0	0	0
Net Income	263 000	3 728 000	952 000	−855 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	36 000	22 000	286 000
Real Eastate	1 126 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 000	10 000	128 000	211 000
Total Tangible Assets	1 127 000	10 000	128 000	211 000
Total Fiancial Fixed Assets	146 000	0	0	0
Total Fixed Assets	1 300 000	47 000	150 000	497 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 759 000	7 347 000	2 842 000	664 000
Total Current Assets	6 516 000	9 698 000	6 146 000	2 067 000
Total Assets	7 816 000	9 744 000	6 296 000	2 564 000
Total Equity	6 243 000	5 981 000	2 683 000	1 731 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	101 000	182 000	163 000	26 000
Unpaid Taxes	516 000	373 000	398 000	539 000
Dividends	0	0	0	0
Other Current Debt	942 000	2 142 000	3 047 000	268 000
Total Current Debt	1 573 000	3 764 000	3 614 000	833 000
Total Equity and Debt	7 816 000	9 744 000	6 296 000	2 564 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,21 %	62,33 %	35,48 %	−49,39 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,15 %	39,09 %	17,03 %	−24,69 %
Current Ratio	4,14	2,58	1,7	2,48
Quick Ratio	4,14	2,58	1,7	2,48
Equity Ratio	0,8	0,61	0,43	0,68
Gross Profit Margin	97,14 %	91,87 %	77,11 %	98,69 %