MTE INVEST AS

0356 OSLO

Finances

Share Ownership

Return on Equity

5,35 %

Current Ratio

6,64

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	515 000	316 000	434 000	601 000
Net Income	114 000	−159 000	136 000	267 000
Total Assets	2 240 000	2 248 000	4 131 000	4 056 000
Total Equity	2 132 000	2 295 000	4 084 000	3 948 000

Income (NOK)	2022	2021	2020	2019
Revenue	515 000	316 000	434 000	601 000
Expenditure	343 000	465 000	260 000	244 000
Operating Profit	172 000	−148 000	174 000	357 000
Financial Income	0	1 000	1 000	3 000
Financial Costs	4 000	6 000	0	17 000
Financial Balance	−4 000	−5 000	1 000	−14 000
Earnings Before Tax	168 000	−153 000	174 000	342 000
Tax	54 000	6 000	38 000	75 000
Net Income	114 000	−159 000	136 000	267 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 616 000	1 616 000	1 716 000	1 716 000
Total Current Assets	624 000	632 000	2 415 000	2 340 000
Total Assets	2 240 000	2 248 000	4 131 000	4 056 000
Total Retained Equity	2 082 000	2 245 000	4 034 000	3 898 000
Total Equity	2 132 000	2 295 000	4 084 000	3 948 000
Total Long-Term Debt	14 000	0	21 000	26 000
Total Current Debt	94 000	53 000	26 000	82 000
Total Equity and Debt	2 240 000	2 348 000	4 131 000	4 056 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	515 000	316 000	434 000	601 000
Other Income	0	0	0	0
Revenue	515 000	316 000	434 000	601 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	1 000
Impairment	0	0	0	0
Expenditure	343 000	465 000	260 000	244 000
Operating Profit	172 000	−148 000	174 000	357 000
Financial Income	0	1 000	1 000	3 000
Financial Costs	4 000	6 000	0	17 000
Financial Balance	−4 000	−5 000	1 000	−14 000
Dividends	0	1 630 000	0	0
Net Income	114 000	−159 000	136 000	267 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 616 000	1 616 000	1 616 000	1 616 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 616 000	1 616 000	1 616 000	1 616 000
Total Fiancial Fixed Assets	0	0	100 000	100 000
Total Fixed Assets	1 616 000	1 616 000	1 716 000	1 716 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	624 000	732 000	2 412 000	2 340 000
Total Current Assets	624 000	632 000	2 415 000	2 340 000
Total Assets	2 240 000	2 248 000	4 131 000	4 056 000
Total Equity	2 132 000	2 295 000	4 084 000	3 948 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	14 000	0	21 000	26 000
Creditors	21 000	9 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	1 630 000	0	0
Other Current Debt	33 000	16 000	−17 000	0
Total Current Debt	94 000	53 000	26 000	82 000
Total Equity and Debt	2 240 000	2 348 000	4 131 000	4 056 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,35 %	−6,93 %	3,33 %	6,76 %
Debt-to-Equity Ratio	0,01	0	0,01	0,01
Operating Profit Margin	33,4 %	−46,84 %	40,09 %	59,4 %
Current Ratio	6,64	11,92	92,88	28,54
Quick Ratio	6,64	11,92	92,88	28,54
Equity Ratio	0,95	1,02	0,99	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %