MOTEX ENGINEERING LIMITED

5004 BERGEN

Finances

Share Ownership

Return on Equity

64,43 %

Current Ratio

2,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 756 000	796 000	0	0
Net Income	413 000	263 000	−15 000	−7 000
Total Assets	1 078 000	503 000	4 000	1 000
Total Equity	641 000	228 000	−35 000	−20 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 756 000	796 000	0	0
Expenditure	1 224 000	496 000	15 000	7 000
Operating Profit	531 000	300 000	−15 000	−7 000
Financial Income	1 000	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	529 000	300 000	−15 000	−7 000
Tax	116 000	38 000	0	0
Net Income	413 000	263 000	−15 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 078 000	503 000	4 000	1 000
Total Assets	1 078 000	503 000	4 000	1 000
Total Retained Equity	641 000	228 000	−35 000	−20 000
Total Equity	641 000	228 000	−35 000	−20 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	437 000	275 000	38 000	20 000
Total Equity and Debt	1 078 000	503 000	4 000	1 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 756 000	796 000	0	0
Other Income	0	0	0	0
Revenue	1 756 000	796 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	1 142 000	472 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 224 000	496 000	15 000	7 000
Operating Profit	531 000	300 000	−15 000	−7 000
Financial Income	1 000	0	0	0
Financial Costs	3 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	0	0	0	0
Net Income	413 000	263 000	−15 000	−7 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	903 000	328 000	4 000	1 000
Total Current Assets	1 078 000	503 000	4 000	1 000
Total Assets	1 078 000	503 000	4 000	1 000
Total Equity	641 000	228 000	−35 000	−20 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	18 000	0	0	2 000
Unpaid Taxes	160 000	155 000	0	0
Dividends	0	0	0	0
Other Current Debt	143 000	82 000	38 000	19 000
Total Current Debt	437 000	275 000	38 000	20 000
Total Equity and Debt	1 078 000	503 000	4 000	1 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,43 %	115,35 %	42,86 %	35 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	30,24 %	37,69 %	-	-
Current Ratio	2,47	1,83	0,11	0,05
Quick Ratio	2,47	1,83	0,11	0,05
Equity Ratio	0,59	0,45	−8,75	−20
Gross Profit Margin	100 %	100 %	-	-