MIGATRONIC NORGE AS

4344 BRYNE

Finances

Share Ownership

Return on Equity

17,15 %

Current Ratio

2,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 353 000	22 114 000	19 820 000	20 740 000
Net Income	1 337 000	1 562 000	1 725 000	1 704 000
Total Assets	10 305 000	10 409 000	7 644 000	6 475 000
Total Equity	7 796 000	6 459 000	4 898 000	3 173 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 353 000	22 114 000	19 820 000	20 740 000
Expenditure	23 683 000	20 544 000	18 075 000	19 107 000
Operating Profit	1 670 000	1 570 000	1 746 000	1 633 000
Financial Income	14 000	16 000	3 000	90 000
Financial Costs	64 000	24 000	23 000	18 000
Financial Balance	−50 000	−8 000	−20 000	72 000
Earnings Before Tax	1 620 000	1 562 000	1 725 000	1 704 000
Tax	283 000	0	0	0
Net Income	1 337 000	1 562 000	1 725 000	1 704 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 782 000	4 427 000	3 808 000	3 273 000
Total Current Assets	5 523 000	5 982 000	3 835 000	3 202 000
Total Assets	10 305 000	10 409 000	7 644 000	6 475 000
Total Retained Equity	7 594 000	6 257 000	4 696 000	2 971 000
Total Equity	7 796 000	6 459 000	4 898 000	3 173 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 509 000	3 950 000	2 746 000	3 302 000
Total Equity and Debt	10 305 000	10 409 000	7 644 000	6 475 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 353 000	22 114 000	19 820 000	20 740 000
Other Income	0	0	0	0
Revenue	25 353 000	22 114 000	19 820 000	20 740 000
Cost of Goods Sold	18 739 000	16 155 000	13 829 000	14 830 000
Salary Costs	2 308 000	2 563 000	2 216 000	2 409 000
Depreciation	37 000	42 000	36 000	23 000
Impairment	0	0	0	0
Expenditure	23 683 000	20 544 000	18 075 000	19 107 000
Operating Profit	1 670 000	1 570 000	1 746 000	1 633 000
Financial Income	14 000	16 000	3 000	90 000
Financial Costs	64 000	24 000	23 000	18 000
Financial Balance	−50 000	−8 000	−20 000	72 000
Dividends	0	0	0	1 000 000
Net Income	1 337 000	1 562 000	1 725 000	1 704 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	52 000	89 000	157 000	105 000
Total Tangible Assets	52 000	89 000	157 000	105 000
Total Fiancial Fixed Assets	4 730 000	4 338 000	3 651 000	3 168 000
Total Fixed Assets	4 782 000	4 427 000	3 808 000	3 273 000
Stock	1 975 000	1 560 000	1 179 000	1 054 000
Total Investments	0	0	0	0
Cash, Bank	1 354 000	402 000	412 000	393 000
Total Current Assets	5 523 000	5 982 000	3 835 000	3 202 000
Total Assets	10 305 000	10 409 000	7 644 000	6 475 000
Total Equity	7 796 000	6 459 000	4 898 000	3 173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 119 000	2 319 000	1 400 000	1 034 000
Unpaid Taxes	863 000	1 277 000	1 041 000	893 000
Dividends	0	0	0	1 000 000
Other Current Debt	244 000	354 000	304 000	375 000
Total Current Debt	2 509 000	3 950 000	2 746 000	3 302 000
Total Equity and Debt	10 305 000	10 409 000	7 644 000	6 475 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,15 %	24,18 %	35,22 %	53,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,59 %	7,1 %	8,81 %	7,87 %
Current Ratio	2,2	1,51	1,4	0,97
Quick Ratio	10,34	2,5	2,45	1,42
Equity Ratio	0,76	0,62	0,64	0,49
Gross Profit Margin	26,09 %	26,95 %	30,23 %	28,5 %