MATEMATIKKBØLGEN AS

7125 VANVIKAN

Finances

Share Ownership

Return on Equity

−31,8 %

Current Ratio

1,52

Debt-to-Equity Ratio

2,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 928 000	5 167 000	257 000	249 000
Net Income	−298 000	3 142 000	−503 000	−664 000
Total Assets	3 506 000	2 763 000	1 456 000	1 375 000
Total Equity	937 000	1 235 000	−1 907 000	−1 404 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 928 000	5 167 000	257 000	249 000
Expenditure	3 163 000	1 946 000	625 000	781 000
Operating Profit	−236 000	3 220 000	−368 000	−532 000
Financial Income	0	0	0	0
Financial Costs	63 000	78 000	148 000	120 000
Financial Balance	−63 000	−78 000	−148 000	−120 000
Earnings Before Tax	−298 000	3 142 000	−516 000	−652 000
Tax	0	0	−13 000	13 000
Net Income	−298 000	3 142 000	−503 000	−664 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 510 000	1 379 000	1 294 000	1 295 000
Total Current Assets	996 000	1 384 000	162 000	80 000
Total Assets	3 506 000	2 763 000	1 456 000	1 375 000
Total Retained Equity	−1 166 000	−868 000	−4 010 000	−3 507 000
Total Equity	937 000	1 235 000	−1 907 000	−1 404 000
Total Long-Term Debt	1 913 000	968 000	2 292 000	2 377 000
Total Current Debt	656 000	561 000	1 072 000	402 000
Total Equity and Debt	3 506 000	2 763 000	1 456 000	1 375 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 883 000	1 846 000	158 000	174 000
Other Income	45 000	3 321 000	99 000	76 000
Revenue	2 928 000	5 167 000	257 000	249 000
Cost of Goods Sold	−21 000	46 000	7 000	51 000
Salary Costs	1 376 000	859 000	326 000	322 000
Depreciation	126 000	62 000	41 000	39 000
Impairment	0	0	0	0
Expenditure	3 163 000	1 946 000	625 000	781 000
Operating Profit	−236 000	3 220 000	−368 000	−532 000
Financial Income	0	0	0	0
Financial Costs	63 000	78 000	148 000	120 000
Financial Balance	−63 000	−78 000	−148 000	−120 000
Dividends	0	0	0	0
Net Income	−298 000	3 142 000	−503 000	−664 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 112 000	883 000	1 184 000	1 208 000
Machinery and Plant Facilities	76 000	113 000	0	0
Fixtures	321 000	383 000	110 000	87 000
Total Tangible Assets	2 509 000	1 378 000	1 293 000	1 295 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	0
Total Fixed Assets	2 510 000	1 379 000	1 294 000	1 295 000
Stock	431 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	506 000	1 336 000	88 000	6 000
Total Current Assets	996 000	1 384 000	162 000	80 000
Total Assets	3 506 000	2 763 000	1 456 000	1 375 000
Total Equity	937 000	1 235 000	−1 907 000	−1 404 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 913 000	968 000	2 292 000	2 377 000
Creditors	70 000	87 000	8 000	0
Unpaid Taxes	54 000	185 000	21 000	4 000
Dividends	0	0	0	0
Other Current Debt	532 000	289 000	1 043 000	398 000
Total Current Debt	656 000	561 000	1 072 000	402 000
Total Equity and Debt	3 506 000	2 763 000	1 456 000	1 375 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,8 %	254,41 %	26,38 %	47,29 %
Debt-to-Equity Ratio	2,04	0,78	−1,2	−1,69
Operating Profit Margin	−8,06 %	62,32 %	−143,19 %	−213,65 %
Current Ratio	1,52	2,47	0,15	0,2
Quick Ratio	4,43	2,47	0,15	0,2
Equity Ratio	0,27	0,45	−1,31	−1,02
Gross Profit Margin	100,72 %	99,11 %	97,28 %	79,52 %