MHTECH AS

1530 MOSS

Finances

Share Ownership

Return on Equity

41,92 %

Current Ratio

2,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 697 000	5 382 000	2 936 000	265 000
Net Income	802 000	662 000	235 000	26 000
Total Assets	2 877 000	2 062 000	2 000 000	309 000
Total Equity	1 913 000	1 111 000	499 000	264 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 697 000	5 382 000	2 936 000	265 000
Expenditure	4 736 000	4 615 000	2 677 000	232 000
Operating Profit	961 000	767 000	259 000	33 000
Financial Income	3 000	1 000	4 000	0
Financial Costs	0	15 000	0	0
Financial Balance	3 000	−14 000	4 000	0
Earnings Before Tax	964 000	753 000	262 000	33 000
Tax	161 000	91 000	27 000	7 000
Net Income	802 000	662 000	235 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	85 000	41 000	25 000	0
Total Current Assets	2 792 000	2 021 000	1 975 000	309 000
Total Assets	2 877 000	2 062 000	2 000 000	309 000
Total Retained Equity	1 853 000	1 051 000	439 000	204 000
Total Equity	1 913 000	1 111 000	499 000	264 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	964 000	950 000	1 501 000	46 000
Total Equity and Debt	2 877 000	2 062 000	2 000 000	309 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 645 000	4 973 000	2 333 000	265 000
Other Income	52 000	409 000	603 000	0
Revenue	5 697 000	5 382 000	2 936 000	265 000
Cost of Goods Sold	364 000	892 000	8 000	0
Salary Costs	3 653 000	3 313 000	1 941 000	162 000
Depreciation	6 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	4 736 000	4 615 000	2 677 000	232 000
Operating Profit	961 000	767 000	259 000	33 000
Financial Income	3 000	1 000	4 000	0
Financial Costs	0	15 000	0	0
Financial Balance	3 000	−14 000	4 000	0
Dividends	0	50 000	0	0
Net Income	802 000	662 000	235 000	26 000

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	0	0	0	0
Fixtures	10 000	16 000	0	0
Total Tangible Assets	10 000	16 000	0	0
Total Fiancial Fixed Assets	75 000	25 000	25 000	0
Total Fixed Assets	85 000	41 000	25 000	0
Stock	10 000	21 000	0	0
Total Investments	0	0	0	0
Cash, Bank	1 177 000	1 486 000	680 000	309 000
Total Current Assets	2 792 000	2 021 000	1 975 000	309 000
Total Assets	2 877 000	2 062 000	2 000 000	309 000
Total Equity	1 913 000	1 111 000	499 000	264 000
Short-Term Group Debt	0	16 000	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	124 000	49 000	147 000	7 000
Unpaid Taxes	503 000	455 000	569 000	36 000
Dividends	0	50 000	0	0
Other Current Debt	337 000	380 000	785 000	−4 000
Total Current Debt	964 000	950 000	1 501 000	46 000
Total Equity and Debt	2 877 000	2 062 000	2 000 000	309 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,92 %	59,59 %	47,09 %	9,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,87 %	14,25 %	8,82 %	12,45 %
Current Ratio	2,9	2,13	1,32	6,72
Quick Ratio	2,93	2,18	1,32	6,72
Equity Ratio	0,66	0,54	0,25	0,85
Gross Profit Margin	93,61 %	83,43 %	99,73 %	100 %