MOTOR TECHNIK AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

91,65 %

Current Ratio

1,63

Debt-to-Equity Ratio

1,55

Key figures (NOK)	2022	2021	2020
Revenue	12 016 000	11 961 000	8 437 000
Net Income	527 000	470 000	854 000
Total Assets	2 977 000	3 233 000	3 349 000
Total Equity	575 000	849 000	878 000

Income (NOK)	2022	2021	2020
Revenue	12 016 000	11 961 000	8 437 000
Expenditure	11 252 000	11 286 000	7 283 000
Operating Profit	763 000	674 000	1 153 000
Financial Income	0	0	0
Financial Costs	71 000	71 000	60 000
Financial Balance	−71 000	−71 000	−60 000
Earnings Before Tax	692 000	603 000	1 093 000
Tax	165 000	133 000	239 000
Net Income	527 000	470 000	854 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	507 000	744 000	953 000
Total Current Assets	2 470 000	2 489 000	2 396 000
Total Assets	2 977 000	3 233 000	3 349 000
Total Retained Equity	551 000	824 000	854 000
Total Equity	575 000	849 000	878 000
Total Long-Term Debt	889 000	1 101 000	1 315 000
Total Current Debt	1 513 000	1 284 000	1 155 000
Total Equity and Debt	2 977 000	3 233 000	3 349 000

Cash flow (NOK)	2022	2021	2020
Sales Income	12 016 000	11 961 000	8 437 000
Other Income	0	0	0
Revenue	12 016 000	11 961 000	8 437 000
Cost of Goods Sold	4 617 000	4 816 000	3 333 000
Salary Costs	3 990 000	3 988 000	2 498 000
Depreciation	221 000	215 000	141 000
Impairment	0	0	0
Expenditure	11 252 000	11 286 000	7 283 000
Operating Profit	763 000	674 000	1 153 000
Financial Income	0	0	0
Financial Costs	71 000	71 000	60 000
Financial Balance	−71 000	−71 000	−60 000
Dividends	800 000	500 000	0
Net Income	527 000	470 000	854 000

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	478 000	700 000	894 000
Total Tangible Assets	478 000	700 000	894 000
Total Fiancial Fixed Assets	29 000	44 000	59 000
Total Fixed Assets	507 000	744 000	953 000
Stock	365 000	371 000	366 000
Total Investments	0	0	0
Cash, Bank	1 863 000	1 941 000	1 776 000
Total Current Assets	2 470 000	2 489 000	2 396 000
Total Assets	2 977 000	3 233 000	3 349 000
Total Equity	575 000	849 000	878 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	889 000	1 101 000	1 315 000
Creditors	436 000	293 000	321 000
Unpaid Taxes	490 000	474 000	412 000
Dividends	800 000	500 000	0
Other Current Debt	416 000	374 000	197 000
Total Current Debt	1 513 000	1 284 000	1 155 000
Total Equity and Debt	2 977 000	3 233 000	3 349 000

Financial indicators	2022	2021	2020
Return on Equity	91,65 %	55,36 %	97,27 %
Debt-to-Equity Ratio	1,55	1,3	1,5
Operating Profit Margin	6,35 %	5,63 %	13,67 %
Current Ratio	1,63	1,94	2,07
Quick Ratio	2,15	2,73	3,04
Equity Ratio	0,19	0,26	0,26
Gross Profit Margin	61,58 %	59,74 %	60,5 %