MONITEK AS

1747 SKJEBERG

Finances

Share Ownership

Return on Equity

16,17 %

Current Ratio

4,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 883 000	4 843 000	4 008 000	2 878 000
Net Income	700 000	1 595 000	1 182 000	801 000
Total Assets	5 455 000	4 948 000	3 044 000	1 786 000
Total Equity	4 329 000	3 630 000	2 035 000	853 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 883 000	4 843 000	4 008 000	2 878 000
Expenditure	3 000 000	2 805 000	2 495 000	1 852 000
Operating Profit	884 000	2 039 000	1 513 000	1 027 000
Financial Income	15 000	5 000	4 000	0
Financial Costs	1 000	0	3 000	0
Financial Balance	14 000	5 000	1 000	0
Earnings Before Tax	897 000	2 043 000	1 514 000	1 027 000
Tax	197 000	448 000	333 000	226 000
Net Income	700 000	1 595 000	1 182 000	801 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	315 000	418 000	409 000	115 000
Total Current Assets	5 140 000	4 530 000	2 635 000	1 671 000
Total Assets	5 455 000	4 948 000	3 044 000	1 786 000
Total Retained Equity	4 299 000	3 600 000	2 005 000	829 000
Total Equity	4 329 000	3 630 000	2 035 000	853 000
Total Long-Term Debt	11 000	12 000	15 000	4 000
Total Current Debt	1 114 000	1 306 000	994 000	928 000
Total Equity and Debt	5 455 000	4 948 000	3 044 000	1 786 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 883 000	4 843 000	4 008 000	2 878 000
Other Income	0	0	0	0
Revenue	3 883 000	4 843 000	4 008 000	2 878 000
Cost of Goods Sold	150 000	326 000	343 000	198 000
Salary Costs	1 986 000	1 627 000	1 350 000	1 181 000
Depreciation	103 000	128 000	59 000	13 000
Impairment	0	0	0	0
Expenditure	3 000 000	2 805 000	2 495 000	1 852 000
Operating Profit	884 000	2 039 000	1 513 000	1 027 000
Financial Income	15 000	5 000	4 000	0
Financial Costs	1 000	0	3 000	0
Financial Balance	14 000	5 000	1 000	0
Dividends	0	0	0	0
Net Income	700 000	1 595 000	1 182 000	801 000

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	315 000	418 000	409 000	115 000
Total Tangible Assets	315 000	418 000	409 000	115 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	315 000	418 000	409 000	115 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	950 000	3 821 000	1 576 000	1 610 000
Total Current Assets	5 140 000	4 530 000	2 635 000	1 671 000
Total Assets	5 455 000	4 948 000	3 044 000	1 786 000
Total Equity	4 329 000	3 630 000	2 035 000	853 000
Short-Term Group Debt	0	0	0	291 000
Total Long-Term Debt	11 000	12 000	15 000	4 000
Creditors	66 000	59 000	86 000	−3 000
Unpaid Taxes	269 000	348 000	219 000	199 000
Dividends	0	0	0	0
Other Current Debt	580 000	448 000	368 000	247 000
Total Current Debt	1 114 000	1 306 000	994 000	928 000
Total Equity and Debt	5 455 000	4 948 000	3 044 000	1 786 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,17 %	43,94 %	58,08 %	93,9 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	22,77 %	42,1 %	37,75 %	35,68 %
Current Ratio	4,61	3,47	2,65	1,8
Quick Ratio	4,61	3,47	2,65	1,8
Equity Ratio	0,79	0,73	0,67	0,48
Gross Profit Margin	96,14 %	93,27 %	91,44 %	93,12 %