MTG AS

7047 TRONDHEIM

Finances

Share Ownership

Return on Equity

57,29 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 255 000	33 837 000	32 249 000	34 047 000
Net Income	3 499 000	2 522 000	2 511 000	2 568 000
Total Assets	18 373 000	15 150 000	14 381 000	15 511 000
Total Equity	6 107 000	5 607 000	6 298 000	6 953 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 255 000	33 837 000	32 249 000	34 047 000
Expenditure	41 624 000	30 872 000	31 133 000	30 922 000
Operating Profit	4 491 000	2 434 000	2 574 000	3 242 000
Financial Income	30 000	633 000	539 000	69 000
Financial Costs	34 000	5 000	29 000	24 000
Financial Balance	−4 000	628 000	510 000	45 000
Earnings Before Tax	4 487 000	3 062 000	3 083 000	3 287 000
Tax	988 000	540 000	572 000	719 000
Net Income	3 499 000	2 522 000	2 511 000	2 568 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	246 000	253 000	392 000	477 000
Total Current Assets	18 127 000	14 897 000	13 989 000	15 034 000
Total Assets	18 373 000	15 150 000	14 381 000	15 511 000
Total Retained Equity	6 041 000	5 541 000	6 210 000	6 821 000
Total Equity	6 107 000	5 607 000	6 298 000	6 953 000
Total Long-Term Debt	497 000	504 000	1 175 000	993 000
Total Current Debt	11 770 000	9 039 000	6 908 000	7 565 000
Total Equity and Debt	18 373 000	15 150 000	14 381 000	15 511 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 255 000	33 834 000	32 208 000	34 047 000
Other Income	0	3 000	41 000	0
Revenue	46 255 000	33 837 000	32 249 000	34 047 000
Cost of Goods Sold	15 001 000	8 676 000	9 530 000	8 976 000
Salary Costs	22 410 000	18 894 000	18 246 000	18 417 000
Depreciation	125 000	108 000	114 000	159 000
Impairment	0	0	0	0
Expenditure	41 624 000	30 872 000	31 133 000	30 922 000
Operating Profit	4 491 000	2 434 000	2 574 000	3 242 000
Financial Income	30 000	633 000	539 000	69 000
Financial Costs	34 000	5 000	29 000	24 000
Financial Balance	−4 000	628 000	510 000	45 000
Dividends	0	0	0	0
Net Income	3 499 000	2 522 000	2 511 000	2 568 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	10 000	15 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	12 000	42 000	75 000	91 000
Fixtures	162 000	174 000	159 000	173 000
Total Tangible Assets	174 000	215 000	234 000	264 000
Total Fiancial Fixed Assets	68 000	28 000	143 000	193 000
Total Fixed Assets	246 000	253 000	392 000	477 000
Stock	24 000	2 429 000	3 355 000	1 905 000
Total Investments	0	0	0	0
Cash, Bank	5 528 000	6 937 000	5 475 000	7 543 000
Total Current Assets	18 127 000	14 897 000	13 989 000	15 034 000
Total Assets	18 373 000	15 150 000	14 381 000	15 511 000
Total Equity	6 107 000	5 607 000	6 298 000	6 953 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	497 000	504 000	1 175 000	993 000
Creditors	3 054 000	1 179 000	729 000	863 000
Unpaid Taxes	3 163 000	2 503 000	1 971 000	2 031 000
Dividends	0	0	0	0
Other Current Debt	4 558 000	4 146 000	3 819 000	3 974 000
Total Current Debt	11 770 000	9 039 000	6 908 000	7 565 000
Total Equity and Debt	18 373 000	15 150 000	14 381 000	15 511 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,29 %	44,98 %	39,87 %	36,93 %
Debt-to-Equity Ratio	0,08	0,09	0,19	0,14
Operating Profit Margin	9,71 %	7,19 %	7,98 %	9,52 %
Current Ratio	1,54	1,65	2,03	1,99
Quick Ratio	1,54	2,25	3,94	2,66
Equity Ratio	0,33	0,37	0,44	0,45
Gross Profit Margin	67,57 %	74,36 %	70,45 %	73,64 %