MATRIX INSURANCE GROUP AS

1414 TROLLÅSEN

Finances

Return on Equity

−36,11 %

Current Ratio

0,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 574 000	−1 578 000	4 459 000	4 957 000
Total Assets	12 594 000	14 026 000	23 129 000	23 537 000
Total Equity	4 359 000	7 433 000	10 166 000	10 907 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	1 624 000	1 449 000	1 484 000	89 000
Operating Profit	−1 624 000	−1 450 000	−1 484 000	−89 000
Financial Income	21 000	5 000	7 451 000	6 706 000
Financial Costs	6 000	142 000	3 000	8 000
Financial Balance	15 000	−137 000	7 448 000	6 698 000
Earnings Before Tax	−1 609 000	−1 586 000	5 964 000	6 609 000
Tax	−35 000	−9 000	1 504 000	1 652 000
Net Income	−1 574 000	−1 578 000	4 459 000	4 957 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 699 000	13 216 000	14 771 000	16 260 000
Total Current Assets	895 000	810 000	8 358 000	7 277 000
Total Assets	12 594 000	14 026 000	23 129 000	23 537 000
Total Retained Equity	0	0	853 000	1 594 000
Total Equity	4 359 000	7 433 000	10 166 000	10 907 000
Total Long-Term Debt	0	35 000	44 000	62 000
Total Current Debt	8 235 000	6 558 000	12 920 000	12 569 000
Total Equity and Debt	12 594 000	14 026 000	23 129 000	23 537 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	−179 000	0	7 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 624 000	1 449 000	1 484 000	89 000
Operating Profit	−1 624 000	−1 450 000	−1 484 000	−89 000
Financial Income	21 000	5 000	7 451 000	6 706 000
Financial Costs	6 000	142 000	3 000	8 000
Financial Balance	15 000	−137 000	7 448 000	6 698 000
Dividends	1 000 000	1 000 000	4 000 000	4 000 000
Net Income	−1 574 000	−1 578 000	4 459 000	4 957 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	11 699 000	13 216 000	14 771 000	16 260 000
Total Fixed Assets	11 699 000	13 216 000	14 771 000	16 260 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	33 000	5 000	52 000	26 000
Total Current Assets	895 000	810 000	8 358 000	7 277 000
Total Assets	12 594 000	14 026 000	23 129 000	23 537 000
Total Equity	4 359 000	7 433 000	10 166 000	10 907 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	35 000	44 000	62 000
Creditors	11 000	18 000	22 000	7 000
Unpaid Taxes	0	0	0	0
Dividends	1 000 000	1 000 000	4 000 000	4 000 000
Other Current Debt	7 224 000	4 639 000	6 144 000	6 894 000
Total Current Debt	8 235 000	6 558 000	12 920 000	12 569 000
Total Equity and Debt	12 594 000	14 026 000	23 129 000	23 537 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−36,11 %	−21,23 %	43,86 %	45,45 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	-	-	-	-
Current Ratio	0,11	0,12	0,65	0,58
Quick Ratio	0,11	0,12	0,65	0,58
Equity Ratio	0,35	0,53	0,44	0,46
Gross Profit Margin	-	-	-	-