MPE CATHODIC AS

1580 RYGGE

Finances

Share Ownership

Return on Equity

218,2 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 244 000	22 252 000	20 571 000	25 391 000
Net Income	6 775 000	1 969 000	1 239 000	2 457 000
Total Assets	13 993 000	8 189 000	6 614 000	10 017 000
Total Equity	3 105 000	2 931 000	2 862 000	2 822 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 244 000	22 252 000	20 571 000	25 391 000
Expenditure	21 558 000	19 727 000	19 134 000	22 250 000
Operating Profit	8 686 000	2 525 000	1 437 000	3 140 000
Financial Income	0	0	154 000	10 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	−1 000	153 000	9 000
Earnings Before Tax	8 686 000	2 525 000	1 589 000	3 150 000
Tax	1 911 000	555 000	350 000	693 000
Net Income	6 775 000	1 969 000	1 239 000	2 457 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	155 000	41 000	27 000	57 000
Total Current Assets	13 839 000	8 148 000	6 587 000	9 960 000
Total Assets	13 993 000	8 189 000	6 614 000	10 017 000
Total Retained Equity	3 005 000	2 831 000	2 762 000	2 722 000
Total Equity	3 105 000	2 931 000	2 862 000	2 822 000
Total Long-Term Debt	0	18 000	12 000	0
Total Current Debt	10 888 000	5 240 000	3 741 000	7 195 000
Total Equity and Debt	13 993 000	8 189 000	6 614 000	10 017 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 244 000	22 167 000	20 440 000	25 301 000
Other Income	0	85 000	131 000	90 000
Revenue	30 244 000	22 252 000	20 571 000	25 391 000
Cost of Goods Sold	11 483 000	10 366 000	10 814 000	13 493 000
Salary Costs	6 576 000	5 647 000	4 338 000	5 264 000
Depreciation	35 000	19 000	16 000	32 000
Impairment	0	0	0	0
Expenditure	21 558 000	19 727 000	19 134 000	22 250 000
Operating Profit	8 686 000	2 525 000	1 437 000	3 140 000
Financial Income	0	0	154 000	10 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	−1 000	153 000	9 000
Dividends	6 600 000	1 900 000	1 200 000	2 400 000
Net Income	6 775 000	1 969 000	1 239 000	2 457 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	0	0	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	151 000	41 000	27 000	43 000
Total Tangible Assets	151 000	41 000	27 000	43 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	155 000	41 000	27 000	57 000
Stock	3 126 000	3 020 000	2 059 000	2 100 000
Total Investments	0	0	0	0
Cash, Bank	6 620 000	2 936 000	2 290 000	3 512 000
Total Current Assets	13 839 000	8 148 000	6 587 000	9 960 000
Total Assets	13 993 000	8 189 000	6 614 000	10 017 000
Total Equity	3 105 000	2 931 000	2 862 000	2 822 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	18 000	12 000	0
Creditors	747 000	1 738 000	1 221 000	2 983 000
Unpaid Taxes	978 000	507 000	495 000	528 000
Dividends	6 600 000	1 900 000	1 200 000	2 400 000
Other Current Debt	630 000	546 000	501 000	591 000
Total Current Debt	10 888 000	5 240 000	3 741 000	7 195 000
Total Equity and Debt	13 993 000	8 189 000	6 614 000	10 017 000

Financial indicators	2022	2021	2020	2019
Return on Equity	218,2 %	67,18 %	43,29 %	87,07 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	28,72 %	11,35 %	6,99 %	12,37 %
Current Ratio	1,27	1,55	1,76	1,38
Quick Ratio	1,78	3,67	3,92	1,95
Equity Ratio	0,22	0,36	0,43	0,28
Gross Profit Margin	62,03 %	53,42 %	47,43 %	46,86 %