M-TEK AS

3036 DRAMMEN

Finances

Share Ownership

Return on Equity

53,41 %

Current Ratio

1,52

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 582 000	70 630 000	63 396 000	65 403 000
Net Income	8 484 000	10 430 000	8 531 000	8 338 000
Total Assets	44 699 000	38 166 000	36 757 000	36 360 000
Total Equity	15 886 000	15 427 000	5 125 000	6 594 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 582 000	70 630 000	63 396 000	65 403 000
Expenditure	56 888 000	57 173 000	52 336 000	54 550 000
Operating Profit	10 693 000	13 457 000	11 060 000	10 853 000
Financial Income	342 000	66 000	80 000	30 000
Financial Costs	157 000	150 000	177 000	184 000
Financial Balance	185 000	−84 000	−97 000	−154 000
Earnings Before Tax	10 878 000	13 373 000	10 963 000	10 700 000
Tax	2 394 000	2 943 000	2 432 000	2 362 000
Net Income	8 484 000	10 430 000	8 531 000	8 338 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 867 000	7 162 000	7 230 000	7 951 000
Total Current Assets	38 832 000	31 004 000	29 527 000	28 409 000
Total Assets	44 699 000	38 166 000	36 757 000	36 360 000
Total Retained Equity	15 586 000	15 127 000	4 825 000	6 294 000
Total Equity	15 886 000	15 427 000	5 125 000	6 594 000
Total Long-Term Debt	3 259 000	4 255 000	4 110 000	4 663 000
Total Current Debt	25 554 000	18 484 000	27 523 000	25 103 000
Total Equity and Debt	44 699 000	38 166 000	36 757 000	36 360 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 802 000	69 693 000	62 753 000	65 311 000
Other Income	780 000	937 000	643 000	92 000
Revenue	67 582 000	70 630 000	63 396 000	65 403 000
Cost of Goods Sold	6 280 000	6 728 000	5 373 000	6 249 000
Salary Costs	39 523 000	39 053 000	35 751 000	37 451 000
Depreciation	2 498 000	2 811 000	2 719 000	2 542 000
Impairment	0	0	0	0
Expenditure	56 888 000	57 173 000	52 336 000	54 550 000
Operating Profit	10 693 000	13 457 000	11 060 000	10 853 000
Financial Income	342 000	66 000	80 000	30 000
Financial Costs	157 000	150 000	177 000	184 000
Financial Balance	185 000	−84 000	−97 000	−154 000
Dividends	0	0	10 000 000	7 500 000
Net Income	8 484 000	10 430 000	8 531 000	8 338 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	128 000	259 000	200 000	156 000
Real Eastate	0	24 000	30 000	36 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 739 000	6 878 000	7 001 000	7 759 000
Total Tangible Assets	5 739 000	6 902 000	7 031 000	7 795 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 867 000	7 162 000	7 230 000	7 951 000
Stock	1 307 000	735 000	689 000	689 000
Total Investments	0	0	0	0
Cash, Bank	2 668 000	23 580 000	21 951 000	19 658 000
Total Current Assets	38 832 000	31 004 000	29 527 000	28 409 000
Total Assets	44 699 000	38 166 000	36 757 000	36 360 000
Total Equity	15 886 000	15 427 000	5 125 000	6 594 000
Short-Term Group Debt	10 353 000	0	0	0
Total Long-Term Debt	3 259 000	4 255 000	4 110 000	4 663 000
Creditors	1 612 000	1 015 000	1 400 000	1 097 000
Unpaid Taxes	5 696 000	5 618 000	5 277 000	5 471 000
Dividends	0	0	10 000 000	7 500 000
Other Current Debt	7 892 000	8 885 000	8 370 000	8 438 000
Total Current Debt	25 554 000	18 484 000	27 523 000	25 103 000
Total Equity and Debt	44 699 000	38 166 000	36 757 000	36 360 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,41 %	67,61 %	166,46 %	126,45 %
Debt-to-Equity Ratio	0,21	0,28	0,8	0,71
Operating Profit Margin	15,82 %	19,05 %	17,45 %	16,59 %
Current Ratio	1,52	1,68	1,07	1,13
Quick Ratio	1,6	1,75	1,1	1,16
Equity Ratio	0,36	0,4	0,14	0,18
Gross Profit Margin	90,71 %	90,47 %	91,52 %	90,45 %