MOTORTEKNIKK AS

4331 ÅLGÅRD

Finances

Return on Equity

7,52 %

Current Ratio

3,01

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 443 000	10 641 000	5 426 000	8 378 000
Net Income	2 040 000	2 881 000	−8 050 000	394 000
Total Assets	32 130 000	35 426 000	32 008 000	42 810 000
Total Equity	27 113 000	26 073 000	24 305 000	33 105 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 443 000	10 641 000	5 426 000	8 378 000
Expenditure	10 641 000	8 372 000	6 299 000	6 469 000
Operating Profit	2 802 000	2 269 000	−874 000	1 909 000
Financial Income	84 000	1 235 000	586 000	64 000
Financial Costs	216 000	142 000	7 929 000	1 450 000
Financial Balance	−132 000	1 093 000	−7 343 000	−1 386 000
Earnings Before Tax	2 671 000	3 362 000	−8 218 000	523 000
Tax	631 000	480 000	−168 000	129 000
Net Income	2 040 000	2 881 000	−8 050 000	394 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 934 000	23 395 000	23 730 000	33 512 000
Total Current Assets	10 196 000	12 031 000	8 277 000	9 298 000
Total Assets	32 130 000	35 426 000	32 008 000	42 810 000
Total Retained Equity	10 406 000	9 366 000	7 598 000	16 398 000
Total Equity	27 113 000	26 073 000	24 305 000	33 105 000
Total Long-Term Debt	1 624 000	5 239 000	5 054 000	5 769 000
Total Current Debt	3 393 000	4 114 000	2 649 000	3 936 000
Total Equity and Debt	32 130 000	35 426 000	32 008 000	42 810 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 663 000	9 302 000	5 086 000	6 031 000
Other Income	780 000	1 339 000	340 000	2 347 000
Revenue	13 443 000	10 641 000	5 426 000	8 378 000
Cost of Goods Sold	4 405 000	2 873 000	82 000	326 000
Salary Costs	1 722 000	1 840 000	1 500 000	1 507 000
Depreciation	1 446 000	1 553 000	2 576 000	2 529 000
Impairment	0	0	0	0
Expenditure	10 641 000	8 372 000	6 299 000	6 469 000
Operating Profit	2 802 000	2 269 000	−874 000	1 909 000
Financial Income	84 000	1 235 000	586 000	64 000
Financial Costs	216 000	142 000	7 929 000	1 450 000
Financial Balance	−132 000	1 093 000	−7 343 000	−1 386 000
Dividends	1 000 000	1 000 000	750 000	1 000 000
Net Income	2 040 000	2 881 000	−8 050 000	394 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 353 000	2 313 000	2 288 000	2 003 000
Real Eastate	5 816 000	6 961 000	8 223 000	10 560 000
Machinery and Plant Facilities	43 000	48 000	0	0
Fixtures	2 320 000	2 616 000	1 787 000	1 845 000
Total Tangible Assets	8 179 000	9 625 000	10 010 000	12 405 000
Total Fiancial Fixed Assets	11 402 000	11 457 000	11 432 000	19 103 000
Total Fixed Assets	21 934 000	23 395 000	23 730 000	33 512 000
Stock	1 661 000	1 189 000	1 281 000	1 101 000
Total Investments	0	0	121 000	106 000
Cash, Bank	2 827 000	2 361 000	2 102 000	1 582 000
Total Current Assets	10 196 000	12 031 000	8 277 000	9 298 000
Total Assets	32 130 000	35 426 000	32 008 000	42 810 000
Total Equity	27 113 000	26 073 000	24 305 000	33 105 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 624 000	5 239 000	5 054 000	5 769 000
Creditors	738 000	334 000	131 000	144 000
Unpaid Taxes	384 000	1 012 000	315 000	255 000
Dividends	1 000 000	1 000 000	750 000	1 000 000
Other Current Debt	1 600 000	1 266 000	1 336 000	2 440 000
Total Current Debt	3 393 000	4 114 000	2 649 000	3 936 000
Total Equity and Debt	32 130 000	35 426 000	32 008 000	42 810 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,52 %	11,05 %	−33,12 %	1,19 %
Debt-to-Equity Ratio	0,06	0,2	0,21	0,17
Operating Profit Margin	20,84 %	21,32 %	−16,11 %	22,79 %
Current Ratio	3,01	2,92	3,12	2,36
Quick Ratio	5,89	4,11	6,05	3,28
Equity Ratio	0,84	0,74	0,76	0,77
Gross Profit Margin	67,23 %	73 %	98,49 %	96,11 %