MECHTRONIC AS

4323 SANDNES

Finances

Share Ownership

Return on Equity

23,1 %

Current Ratio

2,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 611 000	10 444 000	8 031 000	7 637 000
Net Income	505 000	392 000	475 000	375 000
Total Assets	3 485 000	3 696 000	2 820 000	2 298 000
Total Equity	2 186 000	1 681 000	1 289 000	1 114 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 611 000	10 444 000	8 031 000	7 637 000
Expenditure	8 966 000	9 942 000	7 423 000	7 155 000
Operating Profit	644 000	503 000	609 000	483 000
Financial Income	5 000	0	2 000	1 000
Financial Costs	0	0	1 000	1 000
Financial Balance	5 000	0	1 000	0
Earnings Before Tax	649 000	503 000	609 000	483 000
Tax	144 000	111 000	134 000	108 000
Net Income	505 000	392 000	475 000	375 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	4 000	34 000	54 000
Total Current Assets	3 485 000	3 692 000	2 786 000	2 244 000
Total Assets	3 485 000	3 696 000	2 820 000	2 298 000
Total Retained Equity	1 886 000	1 381 000	989 000	814 000
Total Equity	2 186 000	1 681 000	1 289 000	1 114 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	1 298 000	2 014 000	1 531 000	1 184 000
Total Equity and Debt	3 485 000	3 696 000	2 820 000	2 298 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 611 000	10 444 000	8 031 000	7 637 000
Other Income	0	0	0	0
Revenue	9 611 000	10 444 000	8 031 000	7 637 000
Cost of Goods Sold	4 988 000	5 997 000	4 096 000	3 817 000
Salary Costs	3 244 000	3 130 000	2 679 000	2 550 000
Depreciation	0	6 000	11 000	11 000
Impairment	0	0	0	0
Expenditure	8 966 000	9 942 000	7 423 000	7 155 000
Operating Profit	644 000	503 000	609 000	483 000
Financial Income	5 000	0	2 000	1 000
Financial Costs	0	0	1 000	1 000
Financial Balance	5 000	0	1 000	0
Dividends	0	0	300 000	200 000
Net Income	505 000	392 000	475 000	375 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	4 000	28 000	38 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	6 000	16 000
Total Tangible Assets	0	0	6 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	4 000	34 000	54 000
Stock	90 000	51 000	103 000	96 000
Total Investments	0	0	0	0
Cash, Bank	2 261 000	1 831 000	1 847 000	1 239 000
Total Current Assets	3 485 000	3 692 000	2 786 000	2 244 000
Total Assets	3 485 000	3 696 000	2 820 000	2 298 000
Total Equity	2 186 000	1 681 000	1 289 000	1 114 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	336 000	1 102 000	483 000	244 000
Unpaid Taxes	540 000	562 000	372 000	341 000
Dividends	0	0	300 000	200 000
Other Current Debt	284 000	265 000	251 000	275 000
Total Current Debt	1 298 000	2 014 000	1 531 000	1 184 000
Total Equity and Debt	3 485 000	3 696 000	2 820 000	2 298 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,1 %	23,32 %	36,85 %	33,66 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,7 %	4,82 %	7,58 %	6,32 %
Current Ratio	2,68	1,83	1,82	1,9
Quick Ratio	2,88	1,88	1,95	2,06
Equity Ratio	0,63	0,45	0,46	0,48
Gross Profit Margin	48,1 %	42,58 %	49 %	50,02 %