MC TUNING AS

7075 TILLER

Finances

Share Ownership

Return on Equity

29,59 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 975 000	34 855 000	29 001 000	29 644 000
Net Income	1 488 000	1 825 000	1 212 000	1 204 000
Total Assets	14 022 000	8 667 000	7 946 000	7 132 000
Total Equity	5 029 000	4 041 000	3 466 000	2 555 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 975 000	34 855 000	29 001 000	29 644 000
Expenditure	29 009 000	32 468 000	27 456 000	28 054 000
Operating Profit	1 967 000	2 387 000	1 545 000	1 591 000
Financial Income	1 000	11 000	25 000	25 000
Financial Costs	50 000	27 000	49 000	65 000
Financial Balance	−49 000	−16 000	−24 000	−40 000
Earnings Before Tax	1 917 000	2 370 000	1 520 000	1 550 000
Tax	430 000	545 000	309 000	346 000
Net Income	1 488 000	1 825 000	1 212 000	1 204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	382 000	426 000	561 000	557 000
Total Current Assets	13 640 000	8 241 000	7 385 000	6 575 000
Total Assets	14 022 000	8 667 000	7 946 000	7 132 000
Total Retained Equity	4 729 000	3 741 000	2 666 000	1 455 000
Total Equity	5 029 000	4 041 000	3 466 000	2 555 000
Total Long-Term Debt	13 000	45 000	199 000	513 000
Total Current Debt	8 980 000	4 581 000	4 281 000	4 064 000
Total Equity and Debt	14 022 000	8 667 000	7 946 000	7 132 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 717 000	34 516 000	28 752 000	29 463 000
Other Income	1 258 000	339 000	248 000	182 000
Revenue	30 975 000	34 855 000	29 001 000	29 644 000
Cost of Goods Sold	22 081 000	25 763 000	21 346 000	22 071 000
Salary Costs	3 505 000	3 708 000	3 720 000	3 671 000
Depreciation	143 000	134 000	133 000	199 000
Impairment	0	0	0	0
Expenditure	29 009 000	32 468 000	27 456 000	28 054 000
Operating Profit	1 967 000	2 387 000	1 545 000	1 591 000
Financial Income	1 000	11 000	25 000	25 000
Financial Costs	50 000	27 000	49 000	65 000
Financial Balance	−49 000	−16 000	−24 000	−40 000
Dividends	500 000	750 000	0	0
Net Income	1 488 000	1 825 000	1 212 000	1 204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	21 000	21 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	356 000	406 000	540 000	533 000
Total Tangible Assets	356 000	406 000	540 000	533 000
Total Fiancial Fixed Assets	0	0	0	24 000
Total Fixed Assets	382 000	426 000	561 000	557 000
Stock	11 808 000	5 932 000	6 097 000	5 046 000
Total Investments	0	0	0	0
Cash, Bank	234 000	780 000	285 000	269 000
Total Current Assets	13 640 000	8 241 000	7 385 000	6 575 000
Total Assets	14 022 000	8 667 000	7 946 000	7 132 000
Total Equity	5 029 000	4 041 000	3 466 000	2 555 000
Short-Term Group Debt	0	0	0	389 000
Total Long-Term Debt	13 000	45 000	199 000	513 000
Creditors	4 509 000	1 772 000	2 520 000	1 896 000
Unpaid Taxes	270 000	359 000	127 000	195 000
Dividends	500 000	750 000	0	0
Other Current Debt	1 569 000	1 905 000	1 066 000	1 004 000
Total Current Debt	8 980 000	4 581 000	4 281 000	4 064 000
Total Equity and Debt	14 022 000	8 667 000	7 946 000	7 132 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,59 %	45,16 %	34,97 %	47,12 %
Debt-to-Equity Ratio	0	0,01	0,06	0,2
Operating Profit Margin	6,35 %	6,85 %	5,33 %	5,37 %
Current Ratio	1,52	1,8	1,73	1,62
Quick Ratio	−4,82	−6,1	−4,07	−6,7
Equity Ratio	0,36	0,47	0,44	0,36
Gross Profit Margin	28,71 %	26,09 %	26,4 %	25,55 %