MATVAREEXPRESSEN AS

5535 HAUGESUND

Finances

Return on Equity

5,5 %

Current Ratio

1,68

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	212 180 000	105 836 000	85 198 000	103 923 000
Net Income	2 155 000	−1 112 000	−1 250 000	356 000
Total Assets	103 446 000	26 786 000	19 875 000	25 862 000
Total Equity	39 164 000	8 421 000	2 182 000	3 432 000

Income (NOK)	2022	2021	2020	2019
Revenue	212 180 000	105 836 000	85 198 000	103 923 000
Expenditure	207 590 000	106 933 000	86 626 000	103 030 000
Operating Profit	4 590 000	−1 097 000	−1 427 000	893 000
Financial Income	130 000	36 000	68 000	28 000
Financial Costs	2 073 000	448 000	377 000	461 000
Financial Balance	−1 943 000	−412 000	−309 000	−433 000
Earnings Before Tax	2 648 000	−1 510 000	−1 737 000	461 000
Tax	493 000	−398 000	−487 000	105 000
Net Income	2 155 000	−1 112 000	−1 250 000	356 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	23 940 000	3 768 000	3 507 000	3 541 000
Total Current Assets	79 506 000	23 019 000	16 367 000	22 321 000
Total Assets	103 446 000	26 786 000	19 875 000	25 862 000
Total Retained Equity	−1 206 000	−3 545 000	−2 962 000	−1 712 000
Total Equity	39 164 000	8 421 000	2 182 000	3 432 000
Total Long-Term Debt	16 961 000	2 838 000	3 829 000	1 181 000
Total Current Debt	47 321 000	15 527 000	13 863 000	21 249 000
Total Equity and Debt	103 446 000	26 786 000	19 875 000	25 862 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	203 285 000	102 029 000	80 807 000	100 808 000
Other Income	8 894 000	3 808 000	4 391 000	3 115 000
Revenue	212 180 000	105 836 000	85 198 000	103 923 000
Cost of Goods Sold	154 391 000	77 142 000	61 495 000	76 317 000
Salary Costs	35 567 000	18 684 000	15 068 000	17 120 000
Depreciation	3 372 000	797 000	870 000	1 028 000
Impairment	0	0	0	0
Expenditure	207 590 000	106 933 000	86 626 000	103 030 000
Operating Profit	4 590 000	−1 097 000	−1 427 000	893 000
Financial Income	130 000	36 000	68 000	28 000
Financial Costs	2 073 000	448 000	377 000	461 000
Financial Balance	−1 943 000	−412 000	−309 000	−433 000
Dividends	0	0	0	0
Net Income	2 155 000	−1 112 000	−1 250 000	356 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 474 000	3 586 000	3 173 000	2 995 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	18 790 000	35 000	84 000	0
Fixtures	677 000	119 000	195 000	545 000
Total Tangible Assets	19 466 000	154 000	280 000	545 000
Total Fiancial Fixed Assets	0	28 000	54 000	0
Total Fixed Assets	23 940 000	3 768 000	3 507 000	3 541 000
Stock	8 107 000	4 165 000	3 044 000	2 658 000
Total Investments	0	0	0	0
Cash, Bank	32 244 000	7 052 000	1 746 000	1 912 000
Total Current Assets	79 506 000	23 019 000	16 367 000	22 321 000
Total Assets	103 446 000	26 786 000	19 875 000	25 862 000
Total Equity	39 164 000	8 421 000	2 182 000	3 432 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 961 000	2 838 000	3 829 000	1 181 000
Creditors	16 808 000	6 085 000	5 274 000	5 837 000
Unpaid Taxes	3 257 000	2 186 000	1 530 000	1 720 000
Dividends	0	0	0	0
Other Current Debt	4 889 000	2 518 000	1 658 000	2 274 000
Total Current Debt	47 321 000	15 527 000	13 863 000	21 249 000
Total Equity and Debt	103 446 000	26 786 000	19 875 000	25 862 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,5 %	−13,21 %	−57,29 %	10,37 %
Debt-to-Equity Ratio	0,43	0,34	1,75	0,34
Operating Profit Margin	2,16 %	−1,04 %	−1,67 %	0,86 %
Current Ratio	1,68	1,48	1,18	1,05
Quick Ratio	2,03	2,03	1,51	1,2
Equity Ratio	0,38	0,31	0,11	0,13
Gross Profit Margin	27,24 %	27,11 %	27,82 %	26,56 %