MARTEC AS

0251 OSLO

Finances

Share Ownership

Return on Equity

82,83 %

Current Ratio

1,89

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020
Revenue	8 958 000	12 865 000	6 681 000
Net Income	579 000	1 026 000	429 000
Total Assets	1 694 000	4 306 000	3 617 000
Total Equity	699 000	1 120 000	523 000

Income (NOK)	2022	2021	2020
Revenue	8 958 000	12 865 000	6 681 000
Expenditure	8 275 000	11 571 000	6 123 000
Operating Profit	683 000	1 294 000	558 000
Financial Income	187 000	64 000	7 000
Financial Costs	127 000	41 000	16 000
Financial Balance	60 000	23 000	−9 000
Earnings Before Tax	743 000	1 317 000	549 000
Tax	164 000	291 000	120 000
Net Income	579 000	1 026 000	429 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	33 000	2 479 000	2 479 000
Total Current Assets	1 661 000	1 827 000	1 138 000
Total Assets	1 694 000	4 306 000	3 617 000
Total Retained Equity	599 000	1 020 000	423 000
Total Equity	699 000	1 120 000	523 000
Total Long-Term Debt	116 000	135 000	67 000
Total Current Debt	879 000	3 052 000	3 027 000
Total Equity and Debt	1 694 000	4 306 000	3 617 000

Cash flow (NOK)	2022	2021	2020
Sales Income	8 910 000	12 865 000	6 681 000
Other Income	49 000	0	0
Revenue	8 958 000	12 865 000	6 681 000
Cost of Goods Sold	7 086 000	10 064 000	5 409 000
Salary Costs	545 000	934 000	474 000
Depreciation	0	0	49 000
Impairment	0	0	0
Expenditure	8 275 000	11 571 000	6 123 000
Operating Profit	683 000	1 294 000	558 000
Financial Income	187 000	64 000	7 000
Financial Costs	127 000	41 000	16 000
Financial Balance	60 000	23 000	−9 000
Dividends	1 000 000	429 000	0
Net Income	579 000	1 026 000	429 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	33 000	33 000	33 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	2 446 000	2 446 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	33 000	2 479 000	2 479 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	995 000	1 305 000	127 000
Total Current Assets	1 661 000	1 827 000	1 138 000
Total Assets	1 694 000	4 306 000	3 617 000
Total Equity	699 000	1 120 000	523 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	116 000	135 000	67 000
Creditors	558 000	2 624 000	2 773 000
Unpaid Taxes	48 000	112 000	31 000
Dividends	1 000 000	429 000	0
Other Current Debt	91 000	93 000	171 000
Total Current Debt	879 000	3 052 000	3 027 000
Total Equity and Debt	1 694 000	4 306 000	3 617 000

Financial indicators	2022	2021	2020
Return on Equity	82,83 %	91,61 %	82,03 %
Debt-to-Equity Ratio	0,17	0,12	0,13
Operating Profit Margin	7,62 %	10,06 %	8,35 %
Current Ratio	1,89	0,6	0,38
Quick Ratio	1,89	0,6	0,38
Equity Ratio	0,41	0,26	0,14
Gross Profit Margin	20,9 %	21,77 %	19,04 %