METALLTEK AS

8850 HERØY

Finances

Share Ownership

Return on Equity

46,49 %

Current Ratio

1,8

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 114 000	8 827 000	5 081 000	338 000
Net Income	1 258 000	902 000	492 000	24 000
Total Assets	4 910 000	2 825 000	1 587 000	332 000
Total Equity	2 706 000	1 448 000	546 000	54 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 114 000	8 827 000	5 081 000	338 000
Expenditure	11 479 000	7 662 000	4 443 000	307 000
Operating Profit	1 635 000	1 165 000	638 000	30 000
Financial Income	0	0	0	0
Financial Costs	23 000	8 000	7 000	0
Financial Balance	−23 000	−8 000	−7 000	0
Earnings Before Tax	1 613 000	1 157 000	631 000	30 000
Tax	355 000	254 000	139 000	7 000
Net Income	1 258 000	902 000	492 000	24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 378 000	1 085 000	298 000	17 000
Total Current Assets	3 532 000	1 740 000	1 289 000	315 000
Total Assets	4 910 000	2 825 000	1 587 000	332 000
Total Retained Equity	2 676 000	1 418 000	516 000	24 000
Total Equity	2 706 000	1 448 000	546 000	54 000
Total Long-Term Debt	240 000	326 000	8 000	1 000
Total Current Debt	1 964 000	1 052 000	1 033 000	278 000
Total Equity and Debt	4 910 000	2 825 000	1 587 000	332 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 114 000	8 827 000	5 081 000	338 000
Other Income	0	0	0	0
Revenue	13 114 000	8 827 000	5 081 000	338 000
Cost of Goods Sold	3 012 000	2 094 000	1 665 000	163 000
Salary Costs	5 359 000	3 213 000	1 908 000	72 000
Depreciation	217 000	102 000	22 000	0
Impairment	0	0	0	0
Expenditure	11 479 000	7 662 000	4 443 000	307 000
Operating Profit	1 635 000	1 165 000	638 000	30 000
Financial Income	0	0	0	0
Financial Costs	23 000	8 000	7 000	0
Financial Balance	−23 000	−8 000	−7 000	0
Dividends	0	0	0	0
Net Income	1 258 000	902 000	492 000	24 000

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	742 000	0	0
Fixtures	1 316 000	270 000	213 000	17 000
Total Tangible Assets	1 316 000	1 012 000	213 000	17 000
Total Fiancial Fixed Assets	62 000	73 000	84 000	0
Total Fixed Assets	1 378 000	1 085 000	298 000	17 000
Stock	760 000	262 000	90 000	0
Total Investments	0	0	0	0
Cash, Bank	1 933 000	387 000	294 000	143 000
Total Current Assets	3 532 000	1 740 000	1 289 000	315 000
Total Assets	4 910 000	2 825 000	1 587 000	332 000
Total Equity	2 706 000	1 448 000	546 000	54 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	240 000	326 000	8 000	1 000
Creditors	375 000	220 000	259 000	221 000
Unpaid Taxes	789 000	294 000	287 000	50 000
Dividends	0	0	0	0
Other Current Debt	459 000	310 000	356 000	1 000
Total Current Debt	1 964 000	1 052 000	1 033 000	278 000
Total Equity and Debt	4 910 000	2 825 000	1 587 000	332 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,49 %	62,29 %	90,11 %	44,44 %
Debt-to-Equity Ratio	0,09	0,23	0,01	0,02
Operating Profit Margin	12,47 %	13,2 %	12,56 %	8,88 %
Current Ratio	1,8	1,65	1,25	1,13
Quick Ratio	2,93	2,2	1,37	1,13
Equity Ratio	0,55	0,51	0,34	0,16
Gross Profit Margin	77,03 %	76,28 %	67,23 %	51,78 %