MATEC AS

2040 KLØFTA

Finances

Share Ownership

Return on Equity

696,29 %

Current Ratio

0,83

Debt-to-Equity Ratio

2,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 428 000	8 794 000	8 056 000	7 713 000
Net Income	2 437 000	2 747 000	2 722 000	2 567 000
Total Assets	5 279 000	5 698 000	4 971 000	4 650 000
Total Equity	350 000	350 000	350 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 428 000	8 794 000	8 056 000	7 713 000
Expenditure	6 278 000	5 260 000	4 573 000	4 412 000
Operating Profit	3 150 000	3 534 000	3 484 000	3 300 000
Financial Income	12 000	11 000	16 000	9 000
Financial Costs	38 000	24 000	10 000	18 000
Financial Balance	−26 000	−13 000	6 000	−9 000
Earnings Before Tax	3 125 000	3 521 000	3 490 000	3 292 000
Tax	688 000	775 000	768 000	724 000
Net Income	2 437 000	2 747 000	2 722 000	2 567 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 815 000	1 319 000	231 000	441 000
Total Current Assets	3 464 000	4 379 000	4 740 000	4 209 000
Total Assets	5 279 000	5 698 000	4 971 000	4 650 000
Total Retained Equity	0	0	0	0
Total Equity	350 000	350 000	350 000	100 000
Total Long-Term Debt	774 000	942 000	90 000	270 000
Total Current Debt	4 154 000	4 407 000	4 531 000	4 280 000
Total Equity and Debt	5 279 000	5 698 000	4 971 000	4 650 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 428 000	8 515 000	8 056 000	7 713 000
Other Income	0	279 000	0	0
Revenue	9 428 000	8 794 000	8 056 000	7 713 000
Cost of Goods Sold	1 634 000	1 513 000	1 389 000	1 310 000
Salary Costs	3 711 000	2 794 000	2 419 000	2 168 000
Depreciation	316 000	278 000	238 000	244 000
Impairment	0	0	0	0
Expenditure	6 278 000	5 260 000	4 573 000	4 412 000
Operating Profit	3 150 000	3 534 000	3 484 000	3 300 000
Financial Income	12 000	11 000	16 000	9 000
Financial Costs	38 000	24 000	10 000	18 000
Financial Balance	−26 000	−13 000	6 000	−9 000
Dividends	2 437 000	2 747 000	2 722 000	0
Net Income	2 437 000	2 747 000	2 722 000	2 567 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	36 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 815 000	1 319 000	195 000	433 000
Total Tangible Assets	1 815 000	1 319 000	195 000	433 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 815 000	1 319 000	231 000	441 000
Stock	232 000	269 000	228 000	161 000
Total Investments	0	0	0	0
Cash, Bank	2 247 000	3 443 000	3 880 000	3 375 000
Total Current Assets	3 464 000	4 379 000	4 740 000	4 209 000
Total Assets	5 279 000	5 698 000	4 971 000	4 650 000
Total Equity	350 000	350 000	350 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	774 000	942 000	90 000	270 000
Creditors	306 000	169 000	268 000	358 000
Unpaid Taxes	458 000	568 000	541 000	425 000
Dividends	2 437 000	2 747 000	2 722 000	0
Other Current Debt	298 000	227 000	204 000	183 000
Total Current Debt	4 154 000	4 407 000	4 531 000	4 280 000
Total Equity and Debt	5 279 000	5 698 000	4 971 000	4 650 000

Financial indicators	2022	2021	2020	2019
Return on Equity	696,29 %	784,86 %	777,71 %	2 567 %
Debt-to-Equity Ratio	2,21	2,69	0,26	2,7
Operating Profit Margin	33,41 %	40,19 %	43,25 %	42,78 %
Current Ratio	0,83	0,99	1,05	0,98
Quick Ratio	0,88	1,06	1,1	1,02
Equity Ratio	0,07	0,06	0,07	0,02
Gross Profit Margin	82,67 %	82,8 %	82,76 %	83,02 %