MATHISEN & MATHISEN AS

8517 NARVIK

Finances

Return on Equity

10,83 %

Current Ratio

3,06

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 262 000	103 489 000	85 724 000	62 621 000
Net Income	3 452 000	5 865 000	4 055 000	459 000
Total Assets	43 330 000	48 087 000	39 041 000	34 132 000
Total Equity	31 867 000	31 415 000	25 551 000	22 276 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 262 000	103 489 000	85 724 000	62 621 000
Expenditure	97 091 000	97 384 000	81 222 000	63 335 000
Operating Profit	3 171 000	6 106 000	4 503 000	−716 000
Financial Income	1 632 000	1 360 000	1 015 000	1 418 000
Financial Costs	377 000	312 000	319 000	114 000
Financial Balance	1 255 000	1 048 000	696 000	1 304 000
Earnings Before Tax	4 425 000	7 153 000	5 199 000	588 000
Tax	974 000	1 288 000	1 144 000	129 000
Net Income	3 452 000	5 865 000	4 055 000	459 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 074 000	11 353 000	11 564 000	11 554 000
Total Current Assets	32 256 000	36 734 000	27 477 000	22 578 000
Total Assets	43 330 000	48 087 000	39 041 000	34 132 000
Total Retained Equity	31 427 000	30 975 000	25 111 000	21 836 000
Total Equity	31 867 000	31 415 000	25 551 000	22 276 000
Total Long-Term Debt	926 000	3 148 000	5 004 000	0
Total Current Debt	10 537 000	13 523 000	8 486 000	11 857 000
Total Equity and Debt	43 330 000	48 087 000	39 041 000	34 132 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 094 000	103 404 000	85 640 000	62 621 000
Other Income	168 000	85 000	84 000	0
Revenue	100 262 000	103 489 000	85 724 000	62 621 000
Cost of Goods Sold	65 063 000	67 307 000	55 545 000	38 352 000
Salary Costs	14 024 000	12 722 000	10 266 000	10 542 000
Depreciation	736 000	615 000	625 000	505 000
Impairment	0	0	0	0
Expenditure	97 091 000	97 384 000	81 222 000	63 335 000
Operating Profit	3 171 000	6 106 000	4 503 000	−716 000
Financial Income	1 632 000	1 360 000	1 015 000	1 418 000
Financial Costs	377 000	312 000	319 000	114 000
Financial Balance	1 255 000	1 048 000	696 000	1 304 000
Dividends	3 000 000	0	0	0
Net Income	3 452 000	5 865 000	4 055 000	459 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	134 000	166 000	0	78 000
Real Eastate	0	0	3 052 000	3 344 000
Machinery and Plant Facilities	15 000	0	0	0
Fixtures	3 667 000	3 929 000	1 254 000	874 000
Total Tangible Assets	3 682 000	3 929 000	4 306 000	4 218 000
Total Fiancial Fixed Assets	7 258 000	7 258 000	7 258 000	7 258 000
Total Fixed Assets	11 074 000	11 353 000	11 564 000	11 554 000
Stock	20 871 000	20 493 000	16 613 000	12 952 000
Total Investments	0	0	0	0
Cash, Bank	243 000	192 000	152 000	128 000
Total Current Assets	32 256 000	36 734 000	27 477 000	22 578 000
Total Assets	43 330 000	48 087 000	39 041 000	34 132 000
Total Equity	31 867 000	31 415 000	25 551 000	22 276 000
Short-Term Group Debt	2 805 000	5 137 000	5 032 000	3 436 000
Total Long-Term Debt	926 000	3 148 000	5 004 000	0
Creditors	1 671 000	2 961 000	1 968 000	3 115 000
Unpaid Taxes	1 199 000	620 000	644 000	831 000
Dividends	3 000 000	0	0	0
Other Current Debt	919 000	3 346 000	0	4 475 000
Total Current Debt	10 537 000	13 523 000	8 486 000	11 857 000
Total Equity and Debt	43 330 000	48 087 000	39 041 000	34 132 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,83 %	18,67 %	15,87 %	2,06 %
Debt-to-Equity Ratio	0,03	0,1	0,2	0
Operating Profit Margin	3,16 %	5,9 %	5,25 %	−1,14 %
Current Ratio	3,06	2,72	3,24	1,9
Quick Ratio	−3,12	−5,27	−3,38	−20,62
Equity Ratio	0,74	0,65	0,65	0,65
Gross Profit Margin	35,11 %	34,96 %	35,2 %	38,76 %