MAT FRA MIDTØSTEN AS

7037 TRONDHEIM

Finances

Share Ownership

Return on Equity

−44,9 %

Current Ratio

0,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 552 000	1 369 000	1 154 000
Net Income	−22 000	32 000	17 000
Total Assets	158 000	193 000	143 000
Total Equity	49 000	71 000	39 000

Income (NOK)	2022	2021	2020
Revenue	1 552 000	1 369 000	1 154 000
Expenditure	1 577 000	1 328 000	1 131 000
Operating Profit	−24 000	41 000	23 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−25 000	41 000	22 000
Tax	−3 000	9 000	5 000
Net Income	−22 000	32 000	17 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	80 000	108 000	40 000
Total Current Assets	78 000	84 000	103 000
Total Assets	158 000	193 000	143 000
Total Retained Equity	19 000	41 000	9 000
Total Equity	49 000	71 000	39 000
Total Long-Term Debt	0	3 000	1 000
Total Current Debt	109 000	119 000	103 000
Total Equity and Debt	158 000	193 000	143 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 479 000	1 169 000	1 154 000
Other Income	73 000	200 000	0
Revenue	1 552 000	1 369 000	1 154 000
Cost of Goods Sold	435 000	363 000	291 000
Salary Costs	685 000	597 000	552 000
Depreciation	29 000	21 000	3 000
Impairment	0	0	0
Expenditure	1 577 000	1 328 000	1 131 000
Operating Profit	−24 000	41 000	23 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−22 000	32 000	17 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	80 000	108 000	40 000
Total Tangible Assets	80 000	108 000	40 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	80 000	108 000	40 000
Stock	16 000	17 000	0
Total Investments	0	0	0
Cash, Bank	58 000	68 000	91 000
Total Current Assets	78 000	84 000	103 000
Total Assets	158 000	193 000	143 000
Total Equity	49 000	71 000	39 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	3 000	1 000
Creditors	3 000	1 000	6 000
Unpaid Taxes	42 000	28 000	7 000
Dividends	0	0	0
Other Current Debt	64 000	82 000	86 000
Total Current Debt	109 000	119 000	103 000
Total Equity and Debt	158 000	193 000	143 000

Financial indicators	2022	2021	2020
Return on Equity	−44,9 %	45,07 %	43,59 %
Debt-to-Equity Ratio	0	0,04	0,03
Operating Profit Margin	−1,55 %	2,99 %	1,99 %
Current Ratio	0,72	0,71	1
Quick Ratio	0,84	0,82	1
Equity Ratio	0,31	0,37	0,27
Gross Profit Margin	71,97 %	73,48 %	74,78 %