MATSALEN AS

4006 STAVANGER

Finances

Return on Equity

60,15 %

Current Ratio

0,78

Debt-to-Equity Ratio

1,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 689 000	10 169 000	9 394 000	11 695 000
Net Income	391 000	616 000	521 000	564 000
Total Assets	6 367 000	5 591 000	5 376 000	4 019 000
Total Equity	650 000	651 000	650 000	650 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 689 000	10 169 000	9 394 000	11 695 000
Expenditure	11 221 000	9 375 000	8 705 000	10 986 000
Operating Profit	469 000	794 000	688 000	708 000
Financial Income	48 000	1 000	2 000	20 000
Financial Costs	15 000	6 000	21 000	5 000
Financial Balance	33 000	−5 000	−19 000	15 000
Earnings Before Tax	501 000	789 000	668 000	723 000
Tax	110 000	174 000	147 000	159 000
Net Income	391 000	616 000	521 000	564 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 740 000	2 872 000	2 611 000	1 039 000
Total Current Assets	3 627 000	2 719 000	2 765 000	2 980 000
Total Assets	6 367 000	5 591 000	5 376 000	4 019 000
Total Retained Equity	0	1 000	0	0
Total Equity	650 000	651 000	650 000	650 000
Total Long-Term Debt	1 045 000	0	0	0
Total Current Debt	4 672 000	4 941 000	4 726 000	3 369 000
Total Equity and Debt	6 367 000	5 591 000	5 376 000	4 019 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 575 000	9 660 000	8 890 000	11 663 000
Other Income	115 000	509 000	504 000	32 000
Revenue	11 689 000	10 169 000	9 394 000	11 695 000
Cost of Goods Sold	3 808 000	3 150 000	2 930 000	3 924 000
Salary Costs	4 593 000	3 779 000	3 335 000	4 157 000
Depreciation	185 000	182 000	166 000	152 000
Impairment	0	0	0	0
Expenditure	11 221 000	9 375 000	8 705 000	10 986 000
Operating Profit	469 000	794 000	688 000	708 000
Financial Income	48 000	1 000	2 000	20 000
Financial Costs	15 000	6 000	21 000	5 000
Financial Balance	33 000	−5 000	−19 000	15 000
Dividends	0	0	0	0
Net Income	391 000	616 000	521 000	564 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	57 000	49 000	49 000	126 000
Real Eastate	30 000	65 000	101 000	137 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	204 000	308 000	411 000	277 000
Total Tangible Assets	234 000	373 000	512 000	413 000
Total Fiancial Fixed Assets	2 450 000	2 450 000	2 050 000	500 000
Total Fixed Assets	2 740 000	2 872 000	2 611 000	1 039 000
Stock	208 000	148 000	132 000	166 000
Total Investments	0	0	0	0
Cash, Bank	1 453 000	2 311 000	2 222 000	1 557 000
Total Current Assets	3 627 000	2 719 000	2 765 000	2 980 000
Total Assets	6 367 000	5 591 000	5 376 000	4 019 000
Total Equity	650 000	651 000	650 000	650 000
Short-Term Group Debt	1 778 000	2 305 000	1 276 000	937 000
Total Long-Term Debt	1 045 000	0	0	0
Creditors	454 000	275 000	246 000	359 000
Unpaid Taxes	626 000	527 000	359 000	676 000
Dividends	0	0	0	0
Other Current Debt	1 806 000	1 834 000	1 344 000	1 397 000
Total Current Debt	4 672 000	4 941 000	4 726 000	3 369 000
Total Equity and Debt	6 367 000	5 591 000	5 376 000	4 019 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,15 %	94,62 %	80,15 %	86,77 %
Debt-to-Equity Ratio	1,61	0	0	0
Operating Profit Margin	4,01 %	7,81 %	7,32 %	6,05 %
Current Ratio	0,78	0,55	0,59	0,88
Quick Ratio	0,81	0,57	0,6	0,93
Equity Ratio	0,1	0,12	0,12	0,16
Gross Profit Margin	67,42 %	69,02 %	68,81 %	66,45 %