MHTRONIC-IT AS

4315 SANDNES

Finances

Share Ownership

Return on Equity

14,16 %

Current Ratio

5,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 847 000	3 576 000	4 241 000	3 453 000
Net Income	570 000	574 000	687 000	432 000
Total Assets	4 861 000	4 105 000	3 823 000	2 959 000
Total Equity	4 026 000	3 456 000	2 882 000	2 185 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 847 000	3 576 000	4 241 000	3 453 000
Expenditure	3 106 000	2 820 000	3 354 000	2 906 000
Operating Profit	741 000	756 000	886 000	548 000
Financial Income	19 000	8 000	2 000	8 000
Financial Costs	0	0	0	2 000
Financial Balance	19 000	8 000	2 000	6 000
Earnings Before Tax	760 000	764 000	888 000	554 000
Tax	189 000	190 000	201 000	122 000
Net Income	570 000	574 000	687 000	432 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	181 000	335 000	526 000	473 000
Total Current Assets	4 681 000	3 771 000	3 297 000	2 486 000
Total Assets	4 861 000	4 105 000	3 823 000	2 959 000
Total Retained Equity	3 980 000	3 410 000	2 836 000	2 149 000
Total Equity	4 026 000	3 456 000	2 882 000	2 185 000
Total Long-Term Debt	0	0	0	7 000
Total Current Debt	835 000	650 000	941 000	767 000
Total Equity and Debt	4 861 000	4 105 000	3 823 000	2 959 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 847 000	3 576 000	4 240 000	3 453 000
Other Income	0	0	0	0
Revenue	3 847 000	3 576 000	4 241 000	3 453 000
Cost of Goods Sold	1 718 000	1 544 000	2 116 000	1 631 000
Salary Costs	755 000	740 000	695 000	691 000
Depreciation	201 000	218 000	204 000	201 000
Impairment	0	0	0	0
Expenditure	3 106 000	2 820 000	3 354 000	2 906 000
Operating Profit	741 000	756 000	886 000	548 000
Financial Income	19 000	8 000	2 000	8 000
Financial Costs	0	0	0	2 000
Financial Balance	19 000	8 000	2 000	6 000
Dividends	0	0	0	0
Net Income	570 000	574 000	687 000	432 000

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	29 000	153 000	307 000	458 000
Fixtures	151 000	182 000	218 000	15 000
Total Tangible Assets	181 000	335 000	526 000	473 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	181 000	335 000	526 000	473 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 716 000	2 600 000	1 750 000	1 304 000
Total Current Assets	4 681 000	3 771 000	3 297 000	2 486 000
Total Assets	4 861 000	4 105 000	3 823 000	2 959 000
Total Equity	4 026 000	3 456 000	2 882 000	2 185 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	7 000
Creditors	169 000	80 000	234 000	140 000
Unpaid Taxes	398 000	301 000	351 000	328 000
Dividends	0	0	0	0
Other Current Debt	79 000	79 000	147 000	157 000
Total Current Debt	835 000	650 000	941 000	767 000
Total Equity and Debt	4 861 000	4 105 000	3 823 000	2 959 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,16 %	16,61 %	23,84 %	19,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,26 %	21,14 %	20,89 %	15,87 %
Current Ratio	5,61	5,8	3,5	3,24
Quick Ratio	5,61	5,8	3,5	3,24
Equity Ratio	0,83	0,84	0,75	0,74
Gross Profit Margin	55,34 %	56,82 %	50,11 %	52,77 %