MITEK HOLDING AS

3810 GVARV

Finances

Return on Equity

10,45 %

Current Ratio

5,11

Debt-to-Equity Ratio

0,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	377 000	1 202 000	432 000	627 000
Net Income	416 000	3 221 000	60 000	12 000
Total Assets	7 929 000	9 358 000	6 308 000	6 111 000
Total Equity	3 982 000	3 566 000	1 245 000	1 185 000

Income (NOK)	2022	2021	2020	2019
Revenue	377 000	1 202 000	432 000	627 000
Expenditure	526 000	436 000	279 000	426 000
Operating Profit	−148 000	766 000	153 000	201 000
Financial Income	652 000	2 691 000	77 000	8 000
Financial Costs	105 000	86 000	170 000	180 000
Financial Balance	547 000	2 605 000	−93 000	−172 000
Earnings Before Tax	400 000	3 371 000	60 000	29 000
Tax	−16 000	150 000	0	17 000
Net Income	416 000	3 221 000	60 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 477 000	4 418 000	6 091 000	5 843 000
Total Current Assets	2 453 000	4 940 000	217 000	268 000
Total Assets	7 929 000	9 358 000	6 308 000	6 111 000
Total Retained Equity	3 852 000	3 436 000	1 115 000	1 055 000
Total Equity	3 982 000	3 566 000	1 245 000	1 185 000
Total Long-Term Debt	3 468 000	2 098 000	4 602 000	4 751 000
Total Current Debt	480 000	3 695 000	460 000	175 000
Total Equity and Debt	7 929 000	9 358 000	6 308 000	6 111 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 000	574 000	0	0
Other Income	311 000	628 000	432 000	627 000
Revenue	377 000	1 202 000	432 000	627 000
Cost of Goods Sold	3 000	88 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	526 000	436 000	279 000	426 000
Operating Profit	−148 000	766 000	153 000	201 000
Financial Income	652 000	2 691 000	77 000	8 000
Financial Costs	105 000	86 000	170 000	180 000
Financial Balance	547 000	2 605 000	−93 000	−172 000
Dividends	0	900 000	0	0
Net Income	416 000	3 221 000	60 000	12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 792 000	1 733 000	2 330 000	2 330 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 792 000	1 733 000	2 330 000	2 330 000
Total Fiancial Fixed Assets	2 685 000	2 685 000	3 761 000	3 513 000
Total Fixed Assets	5 477 000	4 418 000	6 091 000	5 843 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	62 000	502 000	142 000	45 000
Total Current Assets	2 453 000	4 940 000	217 000	268 000
Total Assets	7 929 000	9 358 000	6 308 000	6 111 000
Total Equity	3 982 000	3 566 000	1 245 000	1 185 000
Short-Term Group Debt	176 000	2 462 000	419 000	110 000
Total Long-Term Debt	3 468 000	2 098 000	4 602 000	4 751 000
Creditors	244 000	30 000	0	17 000
Unpaid Taxes	0	0	0	0
Dividends	0	900 000	0	0
Other Current Debt	60 000	1 160 000	41 000	48 000
Total Current Debt	480 000	3 695 000	460 000	175 000
Total Equity and Debt	7 929 000	9 358 000	6 308 000	6 111 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,45 %	90,33 %	4,82 %	1,01 %
Debt-to-Equity Ratio	0,87	0,59	3,7	4,01
Operating Profit Margin	−39,26 %	63,73 %	35,42 %	32,06 %
Current Ratio	5,11	1,34	0,47	1,53
Quick Ratio	5,11	1,34	0,47	1,53
Equity Ratio	0,5	0,38	0,2	0,19
Gross Profit Margin	99,2 %	92,68 %	100 %	100 %