MH TRONIC AS

4315 SANDNES

Finances

Share Ownership

Return on Equity

103,83 %

Current Ratio

30,17

Debt-to-Equity Ratio

8,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	837 000	521 000	541 000	576 000
Net Income	271 000	151 000	−5 000	1 000
Total Assets	2 504 000	2 434 000	2 504 000	2 780 000
Total Equity	261 000	1 499 000	1 348 000	1 354 000

Income (NOK)	2022	2021	2020	2019
Revenue	837 000	521 000	541 000	576 000
Expenditure	354 000	320 000	523 000	507 000
Operating Profit	483 000	201 000	17 000	68 000
Financial Income	0	4 000	4 000	6 000
Financial Costs	96 000	36 000	52 000	64 000
Financial Balance	−96 000	−32 000	−48 000	−58 000
Earnings Before Tax	387 000	169 000	−31 000	10 000
Tax	115 000	19 000	−25 000	9 000
Net Income	271 000	151 000	−5 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 141 000	2 231 000	2 321 000	2 411 000
Total Current Assets	362 000	203 000	183 000	369 000
Total Assets	2 504 000	2 434 000	2 504 000	2 780 000
Total Retained Equity	231 000	1 042 000	891 000	897 000
Total Equity	261 000	1 499 000	1 348 000	1 354 000
Total Long-Term Debt	2 231 000	834 000	1 076 000	1 307 000
Total Current Debt	12 000	101 000	79 000	119 000
Total Equity and Debt	2 504 000	2 434 000	2 504 000	2 780 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	672 000	0	27 000	0
Other Income	165 000	521 000	514 000	576 000
Revenue	837 000	521 000	541 000	576 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	14 000	109 000	146 000
Depreciation	90 000	90 000	90 000	90 000
Impairment	0	0	0	0
Expenditure	354 000	320 000	523 000	507 000
Operating Profit	483 000	201 000	17 000	68 000
Financial Income	0	4 000	4 000	6 000
Financial Costs	96 000	36 000	52 000	64 000
Financial Balance	−96 000	−32 000	−48 000	−58 000
Dividends	1 000 000	0	0	0
Net Income	271 000	151 000	−5 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 141 000	2 231 000	2 321 000	2 411 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 141 000	2 231 000	2 321 000	2 411 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 141 000	2 231 000	2 321 000	2 411 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	68 000	203 000	150 000	322 000
Total Current Assets	362 000	203 000	183 000	369 000
Total Assets	2 504 000	2 434 000	2 504 000	2 780 000
Total Equity	261 000	1 499 000	1 348 000	1 354 000
Short-Term Group Debt	−248 000	0	0	0
Total Long-Term Debt	2 231 000	834 000	1 076 000	1 307 000
Creditors	5 000	0	20 000	13 000
Unpaid Taxes	163 000	83 000	39 000	68 000
Dividends	1 000 000	0	0	0
Other Current Debt	25 000	0	20 000	29 000
Total Current Debt	12 000	101 000	79 000	119 000
Total Equity and Debt	2 504 000	2 434 000	2 504 000	2 780 000

Financial indicators	2022	2021	2020	2019
Return on Equity	103,83 %	10,07 %	−0,37 %	0,07 %
Debt-to-Equity Ratio	8,55	0,56	0,8	0,97
Operating Profit Margin	57,71 %	38,58 %	3,14 %	11,81 %
Current Ratio	30,17	2,01	2,32	3,1
Quick Ratio	30,17	2,01	2,32	3,1
Equity Ratio	0,1	0,62	0,54	0,49
Gross Profit Margin	100 %	100 %	100 %	100 %