TT MAT AS

7550 HOMMELVIK

Finances

Return on Equity

50,22 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 728 000	9 982 000	6 257 000	10 914 000
Net Income	1 157 000	835 000	−53 000	907 000
Total Assets	7 141 000	4 928 000	2 687 000	3 477 000
Total Equity	2 304 000	2 128 000	1 292 000	1 345 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 728 000	9 982 000	6 257 000	10 914 000
Expenditure	15 198 000	8 946 000	6 321 000	9 751 000
Operating Profit	1 530 000	1 035 000	−64 000	1 162 000
Financial Income	23 000	3 000	10 000	12 000
Financial Costs	63 000	22 000	14 000	11 000
Financial Balance	−40 000	−19 000	−4 000	1 000
Earnings Before Tax	1 490 000	1 017 000	−67 000	1 163 000
Tax	334 000	224 000	−15 000	256 000
Net Income	1 157 000	835 000	−53 000	907 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 353 000	1 286 000	413 000	212 000
Total Current Assets	5 788 000	3 642 000	2 274 000	3 265 000
Total Assets	7 141 000	4 928 000	2 687 000	3 477 000
Total Retained Equity	2 274 000	2 097 000	1 262 000	1 315 000
Total Equity	2 304 000	2 128 000	1 292 000	1 345 000
Total Long-Term Debt	620 000	722 000	288 000	89 000
Total Current Debt	4 217 000	2 078 000	1 107 000	2 043 000
Total Equity and Debt	7 141 000	4 928 000	2 687 000	3 477 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 288 000	7 959 000	4 686 000	9 211 000
Other Income	1 439 000	2 023 000	1 572 000	1 703 000
Revenue	16 728 000	9 982 000	6 257 000	10 914 000
Cost of Goods Sold	6 308 000	3 122 000	1 603 000	2 857 000
Salary Costs	7 167 000	4 608 000	3 775 000	5 759 000
Depreciation	161 000	118 000	109 000	116 000
Impairment	0	0	0	0
Expenditure	15 198 000	8 946 000	6 321 000	9 751 000
Operating Profit	1 530 000	1 035 000	−64 000	1 162 000
Financial Income	23 000	3 000	10 000	12 000
Financial Costs	63 000	22 000	14 000	11 000
Financial Balance	−40 000	−19 000	−4 000	1 000
Dividends	980 000	0	0	0
Net Income	1 157 000	835 000	−53 000	907 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	13 000	25 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	20 000	23 000	0	0
Fixtures	1 186 000	1 259 000	396 000	183 000
Total Tangible Assets	1 206 000	1 282 000	396 000	183 000
Total Fiancial Fixed Assets	146 000	4 000	4 000	4 000
Total Fixed Assets	1 353 000	1 286 000	413 000	212 000
Stock	234 000	186 000	152 000	181 000
Total Investments	0	0	0	0
Cash, Bank	3 143 000	2 289 000	1 522 000	2 311 000
Total Current Assets	5 788 000	3 642 000	2 274 000	3 265 000
Total Assets	7 141 000	4 928 000	2 687 000	3 477 000
Total Equity	2 304 000	2 128 000	1 292 000	1 345 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	620 000	722 000	288 000	89 000
Creditors	858 000	436 000	212 000	0
Unpaid Taxes	935 000	697 000	343 000	564 000
Dividends	980 000	0	0	0
Other Current Debt	1 132 000	750 000	552 000	1 216 000
Total Current Debt	4 217 000	2 078 000	1 107 000	2 043 000
Total Equity and Debt	7 141 000	4 928 000	2 687 000	3 477 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,22 %	39,24 %	−4,1 %	67,43 %
Debt-to-Equity Ratio	0,27	0,34	0,22	0,07
Operating Profit Margin	9,15 %	10,37 %	−1,02 %	10,65 %
Current Ratio	1,37	1,75	2,05	1,6
Quick Ratio	1,45	1,92	2,38	1,75
Equity Ratio	0,32	0,43	0,48	0,39
Gross Profit Margin	62,29 %	68,72 %	74,38 %	73,82 %