MAHETO AS

3303 HOKKSUND

Finances

Return on Equity

76,1 %

Current Ratio

5,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 000	215 000	307 000	376 000
Net Income	7 615 000	2 122 000	2 090 000	1 420 000
Total Assets	11 125 000	4 770 000	3 652 000	2 107 000
Total Equity	10 007 000	3 892 000	2 770 000	1 681 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 000	215 000	307 000	376 000
Expenditure	477 000	46 000	165 000	249 000
Operating Profit	−376 000	169 000	141 000	126 000
Financial Income	8 000 000	2 000 000	2 000 000	1 333 000
Financial Costs	9 000	0	0	0
Financial Balance	7 991 000	2 000 000	2 000 000	1 333 000
Earnings Before Tax	7 615 000	2 169 000	2 141 000	1 460 000
Tax	0	47 000	52 000	39 000
Net Income	7 615 000	2 122 000	2 090 000	1 420 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 446 000	2 586 000	1 170 000	946 000
Total Current Assets	6 678 000	2 184 000	2 482 000	1 161 000
Total Assets	11 125 000	4 770 000	3 652 000	2 107 000
Total Retained Equity	9 977 000	3 862 000	2 740 000	1 651 000
Total Equity	10 007 000	3 892 000	2 770 000	1 681 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 118 000	878 000	881 000	426 000
Total Equity and Debt	11 125 000	4 770 000	3 652 000	2 107 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	307 000	376 000
Other Income	100 000	215 000	0	0
Revenue	100 000	215 000	307 000	376 000
Cost of Goods Sold	159 000	0	89 000	173 000
Salary Costs	0	0	0	0
Depreciation	50 000	31 000	76 000	76 000
Impairment	0	0	0	0
Expenditure	477 000	46 000	165 000	249 000
Operating Profit	−376 000	169 000	141 000	126 000
Financial Income	8 000 000	2 000 000	2 000 000	1 333 000
Financial Costs	9 000	0	0	0
Financial Balance	7 991 000	2 000 000	2 000 000	1 333 000
Dividends	1 500 000	1 000 000	1 000 000	750 000
Net Income	7 615 000	2 122 000	2 090 000	1 420 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 244 000	239 000	255 000	271 000
Machinery and Plant Facilities	90 000	0	0	0
Fixtures	0	117 000	85 000	145 000
Total Tangible Assets	1 334 000	356 000	340 000	416 000
Total Fiancial Fixed Assets	3 112 000	2 230 000	830 000	530 000
Total Fixed Assets	4 446 000	2 586 000	1 170 000	946 000
Stock	101 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	940 000	814 000	1 121 000	348 000
Total Current Assets	6 678 000	2 184 000	2 482 000	1 161 000
Total Assets	11 125 000	4 770 000	3 652 000	2 107 000
Total Equity	10 007 000	3 892 000	2 770 000	1 681 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−37 000	−412 000	−415 000	−415 000
Unpaid Taxes	0	18 000	54 000	51 000
Dividends	1 500 000	1 000 000	1 000 000	750 000
Other Current Debt	655 000	40 000	40 000	5 000
Total Current Debt	1 118 000	878 000	881 000	426 000
Total Equity and Debt	11 125 000	4 770 000	3 652 000	2 107 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,1 %	54,52 %	75,45 %	84,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−376 %	78,6 %	45,93 %	33,51 %
Current Ratio	5,97	2,49	2,82	2,73
Quick Ratio	6,57	2,49	2,82	2,73
Equity Ratio	0,9	0,82	0,76	0,8
Gross Profit Margin	−59 %	100 %	71,01 %	53,99 %