MATHISEN ELEKTRO AS

8800 SANDNESSJØEN

Finances

Return on Equity

6,03 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 422 000	18 067 000	14 812 000	15 074 000
Net Income	207 000	−301 000	10 000	149 000
Total Assets	7 317 000	6 748 000	7 305 000	7 634 000
Total Equity	3 431 000	3 223 000	3 625 000	3 614 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 422 000	18 067 000	14 812 000	15 074 000
Expenditure	18 147 000	18 460 000	14 772 000	14 711 000
Operating Profit	275 000	−393 000	40 000	363 000
Financial Income	39 000	33 000	34 000	30 000
Financial Costs	46 000	35 000	59 000	198 000
Financial Balance	−7 000	−2 000	−25 000	−168 000
Earnings Before Tax	268 000	−395 000	14 000	195 000
Tax	61 000	−93 000	4 000	46 000
Net Income	207 000	−301 000	10 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	297 000	516 000	629 000	794 000
Total Current Assets	7 020 000	6 232 000	6 676 000	6 841 000
Total Assets	7 317 000	6 748 000	7 305 000	7 634 000
Total Retained Equity	3 331 000	3 123 000	3 525 000	3 514 000
Total Equity	3 431 000	3 223 000	3 625 000	3 614 000
Total Long-Term Debt	0	27 000	107 000	409 000
Total Current Debt	3 886 000	3 498 000	3 574 000	3 611 000
Total Equity and Debt	7 317 000	6 748 000	7 305 000	7 634 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 422 000	17 739 000	14 796 000	15 050 000
Other Income	0	328 000	16 000	24 000
Revenue	18 422 000	18 067 000	14 812 000	15 074 000
Cost of Goods Sold	6 984 000	7 060 000	4 711 000	4 393 000
Salary Costs	8 475 000	8 679 000	7 572 000	7 791 000
Depreciation	163 000	207 000	202 000	198 000
Impairment	0	0	0	0
Expenditure	18 147 000	18 460 000	14 772 000	14 711 000
Operating Profit	275 000	−393 000	40 000	363 000
Financial Income	39 000	33 000	34 000	30 000
Financial Costs	46 000	35 000	59 000	198 000
Financial Balance	−7 000	−2 000	−25 000	−168 000
Dividends	0	0	0	0
Net Income	207 000	−301 000	10 000	149 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	108 000	163 000	70 000	32 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	105 000	269 000	476 000	678 000
Total Tangible Assets	105 000	269 000	476 000	678 000
Total Fiancial Fixed Assets	84 000	84 000	84 000	84 000
Total Fixed Assets	297 000	516 000	629 000	794 000
Stock	1 865 000	1 928 000	2 142 000	2 138 000
Total Investments	0	0	0	0
Cash, Bank	936 000	360 000	424 000	309 000
Total Current Assets	7 020 000	6 232 000	6 676 000	6 841 000
Total Assets	7 317 000	6 748 000	7 305 000	7 634 000
Total Equity	3 431 000	3 223 000	3 625 000	3 614 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	27 000	107 000	409 000
Creditors	1 634 000	805 000	955 000	959 000
Unpaid Taxes	1 071 000	851 000	1 193 000	1 001 000
Dividends	0	0	0	0
Other Current Debt	1 176 000	1 256 000	1 171 000	1 232 000
Total Current Debt	3 886 000	3 498 000	3 574 000	3 611 000
Total Equity and Debt	7 317 000	6 748 000	7 305 000	7 634 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,03 %	−9,34 %	0,28 %	4,12 %
Debt-to-Equity Ratio	0	0,01	0,03	0,11
Operating Profit Margin	1,49 %	−2,18 %	0,27 %	2,41 %
Current Ratio	1,81	1,78	1,87	1,89
Quick Ratio	3,47	3,97	4,66	4,64
Equity Ratio	0,47	0,48	0,5	0,47
Gross Profit Margin	62,09 %	60,92 %	68,19 %	70,86 %