MOTITECH AS

5919 FREKHAUG

Finances

Share Ownership

Return on Equity

46,43 %

Current Ratio

0,14

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 991 000	27 319 000	15 357 000	9 282 000
Net Income	3 884 000	2 715 000	1 110 000	−6 031 000
Total Assets	21 534 000	25 175 000	22 049 000	15 223 000
Total Equity	8 366 000	4 483 000	2 729 000	1 619 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 991 000	27 319 000	15 357 000	9 282 000
Expenditure	12 204 000	24 705 000	14 077 000	15 203 000
Operating Profit	3 787 000	2 614 000	1 279 000	−5 922 000
Financial Income	267 000	281 000	266 000	203 000
Financial Costs	171 000	179 000	435 000	313 000
Financial Balance	96 000	102 000	−169 000	−110 000
Earnings Before Tax	3 884 000	2 715 000	1 110 000	−6 031 000
Tax	0	0	0	0
Net Income	3 884 000	2 715 000	1 110 000	−6 031 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 995 000	16 303 000	13 568 000	12 753 000
Total Current Assets	1 539 000	8 872 000	8 482 000	2 470 000
Total Assets	21 534 000	25 175 000	22 049 000	15 223 000
Total Retained Equity	6 747 000	2 863 000	1 110 000	−8 675 000
Total Equity	8 366 000	4 483 000	2 729 000	1 619 000
Total Long-Term Debt	2 087 000	3 228 000	3 598 000	4 282 000
Total Current Debt	11 081 000	17 463 000	15 722 000	9 322 000
Total Equity and Debt	21 534 000	25 175 000	22 049 000	15 223 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 728 000	26 843 000	14 018 000	9 247 000
Other Income	263 000	476 000	1 339 000	35 000
Revenue	15 991 000	27 319 000	15 357 000	9 282 000
Cost of Goods Sold	1 984 000	12 718 000	5 118 000	3 715 000
Salary Costs	6 741 000	6 326 000	5 531 000	7 257 000
Depreciation	70 000	108 000	306 000	389 000
Impairment	0	0	0	0
Expenditure	12 204 000	24 705 000	14 077 000	15 203 000
Operating Profit	3 787 000	2 614 000	1 279 000	−5 922 000
Financial Income	267 000	281 000	266 000	203 000
Financial Costs	171 000	179 000	435 000	313 000
Financial Balance	96 000	102 000	−169 000	−110 000
Dividends	0	0	0	0
Net Income	3 884 000	2 715 000	1 110 000	−6 031 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 319 000	10 872 000	8 520 000	7 500 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	120 000	126 000	115 000	865 000
Total Tangible Assets	120 000	126 000	115 000	865 000
Total Fiancial Fixed Assets	5 557 000	5 304 000	4 933 000	4 388 000
Total Fixed Assets	19 995 000	16 303 000	13 568 000	12 753 000
Stock	42 000	86 000	108 000	222 000
Total Investments	0	0	0	0
Cash, Bank	950 000	5 146 000	4 242 000	281 000
Total Current Assets	1 539 000	8 872 000	8 482 000	2 470 000
Total Assets	21 534 000	25 175 000	22 049 000	15 223 000
Total Equity	8 366 000	4 483 000	2 729 000	1 619 000
Short-Term Group Debt	3 000	3 000	345 000	3 000
Total Long-Term Debt	2 087 000	3 228 000	3 598 000	4 282 000
Creditors	708 000	1 741 000	1 833 000	895 000
Unpaid Taxes	939 000	1 739 000	1 895 000	1 089 000
Dividends	0	0	0	0
Other Current Debt	9 425 000	13 976 000	9 624 000	6 636 000
Total Current Debt	11 081 000	17 463 000	15 722 000	9 322 000
Total Equity and Debt	21 534 000	25 175 000	22 049 000	15 223 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,43 %	60,56 %	40,67 %	−372,51 %
Debt-to-Equity Ratio	0,25	0,72	1,32	2,64
Operating Profit Margin	23,68 %	9,57 %	8,33 %	−63,8 %
Current Ratio	0,14	0,51	0,54	0,26
Quick Ratio	0,14	0,51	0,54	0,27
Equity Ratio	0,39	0,18	0,12	0,11
Gross Profit Margin	87,59 %	53,45 %	66,67 %	59,98 %