MULTITECH QUALITY & SERVICE AS

5347 ÅGOTNES

Finances

Return on Equity

222,18 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	122 196 000	91 970 000	71 446 000	115 946 000
Net Income	20 778 000	2 245 000	−5 483 000	10 865 000
Total Assets	53 174 000	42 007 000	37 210 000	32 820 000
Total Equity	9 352 000	3 574 000	5 329 000	10 812 000

Income (NOK)	2022	2021	2020	2019
Revenue	122 196 000	91 970 000	71 446 000	115 946 000
Expenditure	95 450 000	88 524 000	78 306 000	101 734 000
Operating Profit	26 746 000	3 446 000	−6 860 000	14 212 000
Financial Income	52 000	60 000	45 000	44 000
Financial Costs	729 000	472 000	355 000	249 000
Financial Balance	−677 000	−412 000	−310 000	−205 000
Earnings Before Tax	26 069 000	3 034 000	−7 170 000	14 006 000
Tax	5 291 000	789 000	−1 687 000	3 142 000
Net Income	20 778 000	2 245 000	−5 483 000	10 865 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 788 000	2 158 000	2 765 000	3 356 000
Total Current Assets	49 386 000	39 849 000	34 445 000	29 464 000
Total Assets	53 174 000	42 007 000	37 210 000	32 820 000
Total Retained Equity	8 117 000	2 338 000	4 093 000	9 576 000
Total Equity	9 352 000	3 574 000	5 329 000	10 812 000
Total Long-Term Debt	1 000 000	1 000 000	1 000 000	1 000 000
Total Current Debt	42 823 000	37 434 000	30 881 000	21 008 000
Total Equity and Debt	53 174 000	42 007 000	37 210 000	32 820 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	122 196 000	91 970 000	71 446 000	115 946 000
Other Income	0	0	0	0
Revenue	122 196 000	91 970 000	71 446 000	115 946 000
Cost of Goods Sold	25 825 000	32 480 000	26 860 000	33 569 000
Salary Costs	42 902 000	36 964 000	32 574 000	46 327 000
Depreciation	1 314 000	981 000	1 162 000	1 088 000
Impairment	0	0	0	0
Expenditure	95 450 000	88 524 000	78 306 000	101 734 000
Operating Profit	26 746 000	3 446 000	−6 860 000	14 212 000
Financial Income	52 000	60 000	45 000	44 000
Financial Costs	729 000	472 000	355 000	249 000
Financial Balance	−677 000	−412 000	−310 000	−205 000
Dividends	15 000 000	4 000 000	0	5 000 000
Net Income	20 778 000	2 245 000	−5 483 000	10 865 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	672 000	301 000	365 000	428 000
Real Eastate	97 000	159 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 933 000	1 613 000	2 370 000	2 898 000
Total Tangible Assets	3 031 000	1 772 000	2 370 000	2 898 000
Total Fiancial Fixed Assets	85 000	85 000	30 000	30 000
Total Fixed Assets	3 788 000	2 158 000	2 765 000	3 356 000
Stock	4 579 000	3 355 000	1 523 000	1 561 000
Total Investments	0	0	0	0
Cash, Bank	10 235 000	1 257 000	341 000	2 445 000
Total Current Assets	49 386 000	39 849 000	34 445 000	29 464 000
Total Assets	53 174 000	42 007 000	37 210 000	32 820 000
Total Equity	9 352 000	3 574 000	5 329 000	10 812 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000 000	1 000 000	1 000 000	1 000 000
Creditors	6 574 000	8 883 000	6 885 000	1 082 000
Unpaid Taxes	6 962 000	6 105 000	7 659 000	4 126 000
Dividends	15 000 000	4 000 000	0	5 000 000
Other Current Debt	8 561 000	14 465 000	5 254 000	10 313 000
Total Current Debt	42 823 000	37 434 000	30 881 000	21 008 000
Total Equity and Debt	53 174 000	42 007 000	37 210 000	32 820 000

Financial indicators	2022	2021	2020	2019
Return on Equity	222,18 %	62,81 %	−102,89 %	100,49 %
Debt-to-Equity Ratio	0,11	0,28	0,19	0,09
Operating Profit Margin	21,89 %	3,75 %	−9,6 %	12,26 %
Current Ratio	1,15	1,06	1,12	1,4
Quick Ratio	1,29	1,17	1,17	1,52
Equity Ratio	0,18	0,09	0,14	0,33
Gross Profit Margin	78,87 %	64,68 %	62,41 %	71,05 %