MOTOR TECHNIK EIENDOM AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

67,53 %

Current Ratio

3,33

Debt-to-Equity Ratio

13,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 187 000	1 121 000	1 277 000	1 315 000
Net Income	416 000	383 000	435 000	525 000
Total Assets	9 178 000	9 742 000	9 649 000	9 824 000
Total Equity	616 000	200 000	1 000 000	1 184 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 187 000	1 121 000	1 277 000	1 315 000
Expenditure	462 000	409 000	525 000	618 000
Operating Profit	725 000	712 000	752 000	697 000
Financial Income	0	0	0	3 000
Financial Costs	191 000	220 000	195 000	27 000
Financial Balance	−191 000	−220 000	−195 000	−24 000
Earnings Before Tax	534 000	491 000	557 000	673 000
Tax	117 000	108 000	123 000	148 000
Net Income	416 000	383 000	435 000	525 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 620 000	8 865 000	9 068 000	9 063 000
Total Current Assets	559 000	877 000	581 000	760 000
Total Assets	9 178 000	9 742 000	9 649 000	9 824 000
Total Retained Equity	416 000	0	0	184 000
Total Equity	616 000	200 000	1 000 000	1 184 000
Total Long-Term Debt	8 394 000	8 211 000	7 124 000	6 807 000
Total Current Debt	168 000	1 330 000	1 525 000	1 832 000
Total Equity and Debt	9 178 000	9 742 000	9 649 000	9 824 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	−2 000	0	0
Other Income	1 187 000	1 123 000	1 277 000	1 315 000
Revenue	1 187 000	1 121 000	1 277 000	1 315 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	245 000	203 000	345 000	386 000
Impairment	0	0	0	0
Expenditure	462 000	409 000	525 000	618 000
Operating Profit	725 000	712 000	752 000	697 000
Financial Income	0	0	0	3 000
Financial Costs	191 000	220 000	195 000	27 000
Financial Balance	−191 000	−220 000	−195 000	−24 000
Dividends	0	1 183 000	619 000	1 020 000
Net Income	416 000	383 000	435 000	525 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 434 000	8 655 000	8 824 000	9 050 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	186 000	210 000	244 000	13 000
Total Tangible Assets	8 620 000	8 865 000	9 068 000	9 063 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 620 000	8 865 000	9 068 000	9 063 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	525 000	866 000	482 000	740 000
Total Current Assets	559 000	877 000	581 000	760 000
Total Assets	9 178 000	9 742 000	9 649 000	9 824 000
Total Equity	616 000	200 000	1 000 000	1 184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 394 000	8 211 000	7 124 000	6 807 000
Creditors	14 000	19 000	12 000	80 000
Unpaid Taxes	44 000	42 000	43 000	35 000
Dividends	0	1 183 000	619 000	1 020 000
Other Current Debt	1 000	0	726 000	531 000
Total Current Debt	168 000	1 330 000	1 525 000	1 832 000
Total Equity and Debt	9 178 000	9 742 000	9 649 000	9 824 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,53 %	191,5 %	43,5 %	44,34 %
Debt-to-Equity Ratio	13,63	41,06	7,12	5,75
Operating Profit Margin	61,08 %	63,51 %	58,89 %	53 %
Current Ratio	3,33	0,66	0,38	0,41
Quick Ratio	3,33	0,66	0,38	0,41
Equity Ratio	0,07	0,02	0,1	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %