M-TEK HORTEN AS

3189 HORTEN

Finances

Share Ownership

Return on Equity

23,94 %

Current Ratio

1,59

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 627 000	8 656 000	7 794 000	9 281 000
Net Income	481 000	205 000	53 000	52 000
Total Assets	5 926 000	4 987 000	4 105 000	4 560 000
Total Equity	2 009 000	1 528 000	1 324 000	1 271 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 627 000	8 656 000	7 794 000	9 281 000
Expenditure	11 984 000	8 320 000	7 368 000	9 131 000
Operating Profit	751 000	324 000	174 000	206 000
Financial Income	15 000	3 000	2 000	2 000
Financial Costs	166 000	122 000	123 000	156 000
Financial Balance	−151 000	−119 000	−121 000	−154 000
Earnings Before Tax	600 000	205 000	53 000	52 000
Tax	119 000	0	0	0
Net Income	481 000	205 000	53 000	52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	134 000	163 000	61 000	78 000
Total Current Assets	5 792 000	4 825 000	4 044 000	4 482 000
Total Assets	5 926 000	4 987 000	4 105 000	4 560 000
Total Retained Equity	1 008 000	527 000	322 000	270 000
Total Equity	2 009 000	1 528 000	1 324 000	1 271 000
Total Long-Term Debt	281 000	659 000	880 000	1 051 000
Total Current Debt	3 636 000	2 800 000	1 901 000	2 238 000
Total Equity and Debt	5 926 000	4 987 000	4 105 000	4 560 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 601 000	8 487 000	7 701 000	9 243 000
Other Income	26 000	168 000	93 000	38 000
Revenue	12 627 000	8 656 000	7 794 000	9 281 000
Cost of Goods Sold	5 510 000	3 779 000	3 358 000	4 248 000
Salary Costs	4 768 000	3 185 000	2 846 000	3 487 000
Depreciation	28 000	19 000	17 000	18 000
Impairment	0	0	0	0
Expenditure	11 984 000	8 320 000	7 368 000	9 131 000
Operating Profit	751 000	324 000	174 000	206 000
Financial Income	15 000	3 000	2 000	2 000
Financial Costs	166 000	122 000	123 000	156 000
Financial Balance	−151 000	−119 000	−121 000	−154 000
Dividends	0	0	0	0
Net Income	481 000	205 000	53 000	52 000

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	15 000	26 000	0	0
Fixtures	119 000	137 000	61 000	78 000
Total Tangible Assets	134 000	163 000	61 000	78 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	134 000	163 000	61 000	78 000
Stock	3 812 000	3 525 000	3 160 000	3 445 000
Total Investments	0	0	0	0
Cash, Bank	308 000	251 000	153 000	84 000
Total Current Assets	5 792 000	4 825 000	4 044 000	4 482 000
Total Assets	5 926 000	4 987 000	4 105 000	4 560 000
Total Equity	2 009 000	1 528 000	1 324 000	1 271 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	281 000	659 000	880 000	1 051 000
Creditors	740 000	764 000	599 000	625 000
Unpaid Taxes	589 000	655 000	387 000	372 000
Dividends	0	0	0	0
Other Current Debt	878 000	624 000	406 000	581 000
Total Current Debt	3 636 000	2 800 000	1 901 000	2 238 000
Total Equity and Debt	5 926 000	4 987 000	4 105 000	4 560 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,94 %	13,42 %	4 %	4,09 %
Debt-to-Equity Ratio	0,14	0,43	0,66	0,83
Operating Profit Margin	5,95 %	3,74 %	2,23 %	2,22 %
Current Ratio	1,59	1,72	2,13	2
Quick Ratio	−32,91	−6,66	−3,21	−3,71
Equity Ratio	0,34	0,31	0,32	0,28
Gross Profit Margin	56,36 %	56,34 %	56,92 %	54,23 %