MA TEK AS

9901 KIRKENES

Finances

Return on Equity

10,6 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 092 000	19 642 000	14 788 000	12 822 000
Net Income	130 000	509 000	566 000	−1 419 000
Total Assets	5 457 000	4 919 000	4 731 000	3 012 000
Total Equity	1 226 000	1 096 000	587 000	−529 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 092 000	19 642 000	14 788 000	12 822 000
Expenditure	20 557 000	19 041 000	14 026 000	14 158 000
Operating Profit	535 000	602 000	762 000	−1 336 000
Financial Income	10 000	22 000	17 000	16 000
Financial Costs	407 000	124 000	223 000	68 000
Financial Balance	−397 000	−102 000	−206 000	−52 000
Earnings Before Tax	139 000	500 000	556 000	−1 388 000
Tax	9 000	−9 000	−11 000	31 000
Net Income	130 000	509 000	566 000	−1 419 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 902 000	2 157 000	1 295 000	1 444 000
Total Current Assets	3 555 000	2 762 000	3 435 000	1 569 000
Total Assets	5 457 000	4 919 000	4 731 000	3 012 000
Total Retained Equity	16 000	−114 000	−623 000	−1 189 000
Total Equity	1 226 000	1 096 000	587 000	−529 000
Total Long-Term Debt	1 096 000	1 036 000	1 030 000	69 000
Total Current Debt	3 135 000	2 787 000	3 114 000	3 473 000
Total Equity and Debt	5 457 000	4 919 000	4 731 000	3 012 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 669 000	18 364 000	14 742 000	12 296 000
Other Income	423 000	1 278 000	46 000	526 000
Revenue	21 092 000	19 642 000	14 788 000	12 822 000
Cost of Goods Sold	7 544 000	7 092 000	4 661 000	3 257 000
Salary Costs	5 527 000	6 008 000	4 972 000	5 511 000
Depreciation	228 000	285 000	297 000	265 000
Impairment	0	0	0	0
Expenditure	20 557 000	19 041 000	14 026 000	14 158 000
Operating Profit	535 000	602 000	762 000	−1 336 000
Financial Income	10 000	22 000	17 000	16 000
Financial Costs	407 000	124 000	223 000	68 000
Financial Balance	−397 000	−102 000	−206 000	−52 000
Dividends	0	0	0	0
Net Income	130 000	509 000	566 000	−1 419 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	68 000	59 000	48 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	745 000	687 000	562 000	507 000
Fixtures	132 000	108 000	215 000	201 000
Total Tangible Assets	876 000	795 000	777 000	707 000
Total Fiancial Fixed Assets	966 000	1 294 000	459 000	688 000
Total Fixed Assets	1 902 000	2 157 000	1 295 000	1 444 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 243 000	420 000	182 000	2 000
Total Current Assets	3 555 000	2 762 000	3 435 000	1 569 000
Total Assets	5 457 000	4 919 000	4 731 000	3 012 000
Total Equity	1 226 000	1 096 000	587 000	−529 000
Short-Term Group Debt	0	39 000	44 000	604 000
Total Long-Term Debt	1 096 000	1 036 000	1 030 000	69 000
Creditors	774 000	1 227 000	1 411 000	1 461 000
Unpaid Taxes	1 164 000	210 000	618 000	336 000
Dividends	0	0	0	0
Other Current Debt	1 196 000	1 311 000	1 030 000	1 006 000
Total Current Debt	3 135 000	2 787 000	3 114 000	3 473 000
Total Equity and Debt	5 457 000	4 919 000	4 731 000	3 012 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,6 %	46,44 %	96,42 %	268,24 %
Debt-to-Equity Ratio	0,89	0,95	1,75	−0,13
Operating Profit Margin	2,54 %	3,06 %	5,15 %	−10,42 %
Current Ratio	1,13	0,99	1,1	0,45
Quick Ratio	1,13	0,99	1,1	0,45
Equity Ratio	0,22	0,22	0,12	−0,18
Gross Profit Margin	64,23 %	63,89 %	68,48 %	74,6 %