MONTEL AS

0166 OSLO

Finances

Return on Equity

−463,3 %

Current Ratio

0,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	181 264 000	139 075 000	127 540 000	110 262 000
Net Income	−19 162 000	−14 385 000	4 414 000	3 169 000
Total Assets	118 642 000	101 782 000	86 355 000	68 078 000
Total Equity	4 136 000	2 217 000	18 251 000	14 160 000

Income (NOK)	2022	2021	2020	2019
Revenue	181 264 000	139 075 000	127 540 000	110 262 000
Expenditure	219 693 000	175 338 000	124 036 000	106 517 000
Operating Profit	−22 307 000	−17 554 000	3 503 000	3 745 000
Financial Income	2 273 000	1 264 000	2 282 000	654 000
Financial Costs	1 732 000	1 299 000	1 300 000	559 000
Financial Balance	541 000	−35 000	982 000	95 000
Earnings Before Tax	−21 767 000	−17 589 000	4 485 000	3 840 000
Tax	−2 604 000	−3 204 000	71 000	671 000
Net Income	−19 162 000	−14 385 000	4 414 000	3 169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 865 000	30 981 000	23 108 000	19 377 000
Total Current Assets	81 776 000	70 801 000	63 247 000	48 701 000
Total Assets	118 642 000	101 782 000	86 355 000	68 078 000
Total Retained Equity	281 000	−1 287 000	12 967 000	7 549 000
Total Equity	4 136 000	2 217 000	18 251 000	14 160 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	114 506 000	99 565 000	68 104 000	53 918 000
Total Equity and Debt	118 642 000	101 782 000	86 355 000	68 078 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	180 832 000	138 877 000	127 540 000	110 262 000
Other Income	433 000	198 000	0	0
Revenue	181 264 000	139 075 000	127 540 000	110 262 000
Cost of Goods Sold	21 379 000	16 058 000	14 398 000	23 894 000
Salary Costs	117 934 000	87 436 000	56 044 000	43 319 000
Depreciation	18 456 000	17 744 000	15 821 000	13 486 000
Impairment	0	0	0	0
Expenditure	219 693 000	175 338 000	124 036 000	106 517 000
Operating Profit	−22 307 000	−17 554 000	3 503 000	3 745 000
Financial Income	2 273 000	1 264 000	2 282 000	654 000
Financial Costs	1 732 000	1 299 000	1 300 000	559 000
Financial Balance	541 000	−35 000	982 000	95 000
Dividends	0	0	0	0
Net Income	−19 162 000	−14 385 000	4 414 000	3 169 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 097 000	27 959 000	19 121 000	16 005 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 536 000	2 794 000	3 562 000	2 882 000
Total Tangible Assets	2 536 000	2 794 000	3 562 000	2 882 000
Total Fiancial Fixed Assets	232 000	228 000	425 000	490 000
Total Fixed Assets	36 865 000	30 981 000	23 108 000	19 377 000
Stock	0	0	38 000	432 000
Total Investments	0	0	0	0
Cash, Bank	33 560 000	24 532 000	31 755 000	20 102 000
Total Current Assets	81 776 000	70 801 000	63 247 000	48 701 000
Total Assets	118 642 000	101 782 000	86 355 000	68 078 000
Total Equity	4 136 000	2 217 000	18 251 000	14 160 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 466 000	12 366 000	3 743 000	8 211 000
Unpaid Taxes	10 893 000	10 003 000	4 065 000	3 446 000
Dividends	0	0	0	0
Other Current Debt	92 979 000	77 175 000	59 966 000	41 909 000
Total Current Debt	114 506 000	99 565 000	68 104 000	53 918 000
Total Equity and Debt	118 642 000	101 782 000	86 355 000	68 078 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−463,3 %	−648,85 %	24,18 %	22,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−12,31 %	−12,62 %	2,75 %	3,4 %
Current Ratio	0,71	0,71	0,93	0,9
Quick Ratio	0,71	0,71	0,93	0,91
Equity Ratio	0,03	0,02	0,21	0,21
Gross Profit Margin	88,21 %	88,45 %	88,71 %	78,33 %