MENTUM AS

2005 RÆLINGEN

Finances

Return on Equity

−8,64 %

Current Ratio

0,53

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 944 000	1 988 000	3 866 000	2 766 000
Net Income	195 000	−16 000	−432 000	414 000
Total Assets	3 814 000	1 218 000	2 152 000	3 211 000
Total Equity	−2 258 000	−2 417 000	−2 400 000	−1 968 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 944 000	1 988 000	3 866 000	2 766 000
Expenditure	1 688 000	1 055 000	2 081 000	2 371 000
Operating Profit	256 000	934 000	1 785 000	396 000
Financial Income	0	265 000	28 000	20 000
Financial Costs	3 000	1 119 000	2 137 000	2 000
Financial Balance	−3 000	−854 000	−2 109 000	18 000
Earnings Before Tax	253 000	80 000	−323 000	414 000
Tax	58 000	96 000	109 000	0
Net Income	195 000	−16 000	−432 000	414 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	571 000	618 000	634 000	2 616 000
Total Current Assets	3 243 000	601 000	1 517 000	595 000
Total Assets	3 814 000	1 218 000	2 152 000	3 211 000
Total Retained Equity	−2 358 000	−2 517 000	−2 500 000	−2 068 000
Total Equity	−2 258 000	−2 417 000	−2 400 000	−1 968 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 072 000	3 635 000	4 552 000	5 180 000
Total Equity and Debt	3 814 000	1 218 000	2 152 000	3 211 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 619 000	1 888 000	3 866 000	2 766 000
Other Income	325 000	100 000	0	0
Revenue	1 944 000	1 988 000	3 866 000	2 766 000
Cost of Goods Sold	33 000	10 000	85 000	1 058 000
Salary Costs	1 152 000	810 000	1 420 000	2 063 000
Depreciation	17 000	47 000	46 000	29 000
Impairment	0	0	0	0
Expenditure	1 688 000	1 055 000	2 081 000	2 371 000
Operating Profit	256 000	934 000	1 785 000	396 000
Financial Income	0	265 000	28 000	20 000
Financial Costs	3 000	1 119 000	2 137 000	2 000
Financial Balance	−3 000	−854 000	−2 109 000	18 000
Dividends	0	0	0	0
Net Income	195 000	−16 000	−432 000	414 000

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	0	0	0	0
Fixtures	69 000	87 000	121 000	15 000
Total Tangible Assets	69 000	87 000	134 000	44 000
Total Fiancial Fixed Assets	501 000	531 000	501 000	2 572 000
Total Fixed Assets	571 000	618 000	634 000	2 616 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	37 000	5 000	3 000
Total Current Assets	3 243 000	601 000	1 517 000	595 000
Total Assets	3 814 000	1 218 000	2 152 000	3 211 000
Total Equity	−2 258 000	−2 417 000	−2 400 000	−1 968 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	39 000	197 000	895 000	996 000
Unpaid Taxes	781 000	175 000	418 000	196 000
Dividends	0	0	0	0
Other Current Debt	5 194 000	3 131 000	3 130 000	3 988 000
Total Current Debt	6 072 000	3 635 000	4 552 000	5 180 000
Total Equity and Debt	3 814 000	1 218 000	2 152 000	3 211 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,64 %	0,66 %	18 %	−21,04 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	13,17 %	46,98 %	46,17 %	14,32 %
Current Ratio	0,53	0,17	0,33	0,11
Quick Ratio	0,53	0,17	0,33	0,11
Equity Ratio	−0,59	−1,98	−1,12	−0,61
Gross Profit Margin	98,3 %	99,5 %	97,8 %	61,75 %