MTIMES AS

3128 NØTTERØY

Finances

Share Ownership

Return on Equity

9,77 %

Current Ratio

0,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 319 000	1 140 000	170 000	350 000
Net Income	68 000	41 000	−5 000	−136 000
Total Assets	2 988 000	2 652 000	2 113 000	1 966 000
Total Equity	696 000	628 000	586 000	592 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 319 000	1 140 000	170 000	350 000
Expenditure	1 207 000	1 063 000	164 000	502 000
Operating Profit	112 000	78 000	6 000	−152 000
Financial Income	8 000	0	0	0
Financial Costs	33 000	25 000	13 000	23 000
Financial Balance	−25 000	−25 000	−13 000	−23 000
Earnings Before Tax	87 000	53 000	−7 000	−175 000
Tax	19 000	12 000	−2 000	−38 000
Net Income	68 000	41 000	−5 000	−136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 179 000	1 085 000	1 096 000	1 114 000
Total Current Assets	1 809 000	1 567 000	1 016 000	851 000
Total Assets	2 988 000	2 652 000	2 113 000	1 966 000
Total Retained Equity	−764 000	−832 000	−874 000	−868 000
Total Equity	696 000	628 000	586 000	592 000
Total Long-Term Debt	0	0	87 000	187 000
Total Current Debt	2 292 000	2 024 000	1 439 000	1 187 000
Total Equity and Debt	2 988 000	2 652 000	2 113 000	1 966 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 311 000	831 000	169 000	244 000
Other Income	8 000	309 000	1 000	105 000
Revenue	1 319 000	1 140 000	170 000	350 000
Cost of Goods Sold	769 000	720 000	82 000	255 000
Salary Costs	0	0	0	0
Depreciation	22 000	0	20 000	54 000
Impairment	0	0	0	0
Expenditure	1 207 000	1 063 000	164 000	502 000
Operating Profit	112 000	78 000	6 000	−152 000
Financial Income	8 000	0	0	0
Financial Costs	33 000	25 000	13 000	23 000
Financial Balance	−25 000	−25 000	−13 000	−23 000
Dividends	0	0	0	0
Net Income	68 000	41 000	−5 000	−136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 179 000	1 085 000	1 096 000	1 114 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 179 000	1 085 000	1 096 000	1 114 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	736 000	116 000	159 000	127 000
Total Current Assets	1 809 000	1 567 000	1 016 000	851 000
Total Assets	2 988 000	2 652 000	2 113 000	1 966 000
Total Equity	696 000	628 000	586 000	592 000
Short-Term Group Debt	588 000	588 000	588 000	690 000
Total Long-Term Debt	0	0	87 000	187 000
Creditors	1 514 000	1 299 000	840 000	479 000
Unpaid Taxes	191 000	137 000	11 000	19 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	2 292 000	2 024 000	1 439 000	1 187 000
Total Equity and Debt	2 988 000	2 652 000	2 113 000	1 966 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,77 %	6,53 %	−0,85 %	−22,97 %
Debt-to-Equity Ratio	0	0	0,15	0,32
Operating Profit Margin	8,49 %	6,84 %	3,53 %	−43,43 %
Current Ratio	0,79	0,77	0,71	0,72
Quick Ratio	0,79	0,77	0,71	0,72
Equity Ratio	0,23	0,24	0,28	0,3
Gross Profit Margin	41,7 %	36,84 %	51,76 %	27,14 %