MULTITECH SURFACE TREATMENT AS

5347 ÅGOTNES

Finances

Share Ownership

Return on Equity

53,45 %

Current Ratio

1,08

Debt-to-Equity Ratio

3,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 464 000	1 534 000	0	0
Net Income	62 000	34 000	0	0
Total Assets	3 872 000	2 656 000	24 000	24 000
Total Equity	116 000	54 000	19 000	19 000

Income (NOK)	2022	2021
Revenue	12 464 000	1 534 000
Expenditure	12 381 000	1 491 000
Operating Profit	83 000	43 000
Financial Income	0	0
Financial Costs	2 000	0
Financial Balance	−2 000	0
Earnings Before Tax	81 000	43 000
Tax	19 000	8 000
Net Income	62 000	34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	227 000	0	0	0
Total Current Assets	3 645 000	2 656 000	24 000	24 000
Total Assets	3 872 000	2 656 000	24 000	24 000
Total Retained Equity	97 000	35 000	0	0
Total Equity	116 000	54 000	19 000	19 000
Total Long-Term Debt	371 000	0	0	0
Total Current Debt	3 385 000	2 602 000	5 000	5 000
Total Equity and Debt	3 872 000	2 656 000	24 000	24 000

Cash flow (NOK)	2022	2021
Sales Income	12 464 000	1 534 000
Other Income	0	0
Revenue	12 464 000	1 534 000
Cost of Goods Sold	2 711 000	226 000
Salary Costs	6 178 000	587 000
Depreciation	26 000	0
Impairment	0	0
Expenditure	12 381 000	1 491 000
Operating Profit	83 000	43 000
Financial Income	0	0
Financial Costs	2 000	0
Financial Balance	−2 000	0
Dividends	0	0
Net Income	62 000	34 000

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	227 000	0	0	0
Total Tangible Assets	227 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	227 000	0	0	0
Stock	786 000	650 000	0	0
Total Investments	0	0	0	0
Cash, Bank	930 000	117 000	24 000	24 000
Total Current Assets	3 645 000	2 656 000	24 000	24 000
Total Assets	3 872 000	2 656 000	24 000	24 000
Total Equity	116 000	54 000	19 000	19 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	371 000	0	0	0
Creditors	1 613 000	882 000	0	0
Unpaid Taxes	885 000	239 000	0	0
Dividends	0	0	0	0
Other Current Debt	873 000	1 472 000	5 000	5 000
Total Current Debt	3 385 000	2 602 000	5 000	5 000
Total Equity and Debt	3 872 000	2 656 000	24 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,45 %	62,96 %	0 %	0 %
Debt-to-Equity Ratio	3,2	0	0	0
Operating Profit Margin	0,67 %	2,8 %	-	-
Current Ratio	1,08	1,02	4,8	4,8
Quick Ratio	1,4	1,36	4,8	4,8
Equity Ratio	0,03	0,02	0,79	0,79
Gross Profit Margin	78,25 %	85,27 %	-	-