MONTEM AS

5004 BERGEN

Finances

Return on Equity

4,2 %

Current Ratio

1,09

Debt-to-Equity Ratio

6,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 625 000	1 545 000	971 000	1 515 000
Net Income	3 234 000	8 960 000	15 263 000	2 088 000
Total Assets	591 366 000	475 154 000	465 597 000	374 082 000
Total Equity	76 964 000	73 730 000	64 771 000	49 705 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 625 000	1 545 000	971 000	1 515 000
Expenditure	6 074 000	4 732 000	4 538 000	4 638 000
Operating Profit	−4 449 000	−3 187 000	−3 567 000	−3 123 000
Financial Income	33 275 000	39 772 000	37 199 000	21 868 000
Financial Costs	24 453 000	25 410 000	17 308 000	16 094 000
Financial Balance	8 822 000	14 362 000	19 891 000	5 774 000
Earnings Before Tax	4 373 000	11 175 000	16 324 000	2 650 000
Tax	1 139 000	2 215 000	1 061 000	563 000
Net Income	3 234 000	8 960 000	15 263 000	2 088 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	583 792 000	469 472 000	455 864 000	371 251 000
Total Current Assets	7 574 000	5 682 000	9 733 000	2 832 000
Total Assets	591 366 000	475 154 000	465 597 000	374 082 000
Total Retained Equity	61 750 000	58 516 000	49 557 000	34 491 000
Total Equity	76 964 000	73 730 000	64 771 000	49 705 000
Total Long-Term Debt	507 466 000	397 574 000	383 239 000	313 541 000
Total Current Debt	6 936 000	3 850 000	17 587 000	10 836 000
Total Equity and Debt	591 366 000	475 154 000	465 597 000	374 082 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	1 515 000
Other Income	1 625 000	1 545 000	971 000	0
Revenue	1 625 000	1 545 000	971 000	1 515 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 988 000	2 790 000	3 624 000	3 872 000
Depreciation	19 000	6 000	12 000	21 000
Impairment	0	0	0	0
Expenditure	6 074 000	4 732 000	4 538 000	4 638 000
Operating Profit	−4 449 000	−3 187 000	−3 567 000	−3 123 000
Financial Income	33 275 000	39 772 000	37 199 000	21 868 000
Financial Costs	24 453 000	25 410 000	17 308 000	16 094 000
Financial Balance	8 822 000	14 362 000	19 891 000	5 774 000
Dividends	0	0	0	0
Net Income	3 234 000	8 960 000	15 263 000	2 088 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 540 000	2 025 000	1 445 000	971 000
Real Eastate	2 621 000	1 800 000	1 800 000	1 800 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	50 000	0	12 000
Total Tangible Assets	2 671 000	1 850 000	1 800 000	1 812 000
Total Fiancial Fixed Assets	578 581 000	465 597 000	452 619 000	368 467 000
Total Fixed Assets	583 792 000	469 472 000	455 864 000	371 251 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 733 000	1 638 000	3 998 000	1 072 000
Total Current Assets	7 574 000	5 682 000	9 733 000	2 832 000
Total Assets	591 366 000	475 154 000	465 597 000	374 082 000
Total Equity	76 964 000	73 730 000	64 771 000	49 705 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	507 466 000	397 574 000	383 239 000	313 541 000
Creditors	105 000	183 000	12 000	27 000
Unpaid Taxes	171 000	224 000	208 000	209 000
Dividends	0	0	0	0
Other Current Debt	6 032 000	1 051 000	3 131 000	953 000
Total Current Debt	6 936 000	3 850 000	17 587 000	10 836 000
Total Equity and Debt	591 366 000	475 154 000	465 597 000	374 082 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,2 %	12,15 %	23,56 %	4,2 %
Debt-to-Equity Ratio	6,59	5,39	5,92	6,31
Operating Profit Margin	−273,78 %	−206,28 %	−367,35 %	−206,14 %
Current Ratio	1,09	1,48	0,55	0,26
Quick Ratio	1,09	1,48	0,55	0,26
Equity Ratio	0,13	0,16	0,14	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %