MASTECH AS

5943 AUSTRHEIM

Finances

Share Ownership

Return on Equity

195,3 %

Current Ratio

0,91

Debt-to-Equity Ratio

−0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 905 000	8 319 000	8 084 000	7 312 000
Net Income	−457 000	188 000	−171 000	−177 000
Total Assets	1 670 000	1 825 000	1 874 000	2 191 000
Total Equity	−234 000	223 000	34 000	206 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 905 000	8 319 000	8 084 000	7 312 000
Expenditure	7 304 000	8 102 000	8 172 000	7 435 000
Operating Profit	−399 000	217 000	−88 000	−123 000
Financial Income	1 000	8 000	1 000	0
Financial Costs	59 000	37 000	84 000	54 000
Financial Balance	−58 000	−29 000	−83 000	−54 000
Earnings Before Tax	−457 000	188 000	−171 000	−177 000
Tax	0	0	0	0
Net Income	−457 000	188 000	−171 000	−177 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	108 000	135 000	168 000	98 000
Total Current Assets	1 562 000	1 690 000	1 706 000	2 093 000
Total Assets	1 670 000	1 825 000	1 874 000	2 191 000
Total Retained Equity	−434 000	23 000	−166 000	6 000
Total Equity	−234 000	223 000	34 000	206 000
Total Long-Term Debt	194 000	335 000	472 000	588 000
Total Current Debt	1 710 000	1 267 000	1 368 000	1 398 000
Total Equity and Debt	1 670 000	1 825 000	1 874 000	2 191 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 908 000	8 307 000	8 072 000	7 313 000
Other Income	−3 000	12 000	12 000	0
Revenue	6 905 000	8 319 000	8 084 000	7 312 000
Cost of Goods Sold	5 239 000	5 908 000	6 201 000	5 368 000
Salary Costs	1 149 000	1 301 000	1 102 000	1 050 000
Depreciation	27 000	32 000	20 000	19 000
Impairment	0	0	0	0
Expenditure	7 304 000	8 102 000	8 172 000	7 435 000
Operating Profit	−399 000	217 000	−88 000	−123 000
Financial Income	1 000	8 000	1 000	0
Financial Costs	59 000	37 000	84 000	54 000
Financial Balance	−58 000	−29 000	−83 000	−54 000
Dividends	0	0	0	0
Net Income	−457 000	188 000	−171 000	−177 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	58 000	85 000	118 000	48 000
Total Tangible Assets	58 000	85 000	118 000	48 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	50 000
Total Fixed Assets	108 000	135 000	168 000	98 000
Stock	1 112 000	1 233 000	1 379 000	1 480 000
Total Investments	0	0	0	0
Cash, Bank	300 000	342 000	104 000	158 000
Total Current Assets	1 562 000	1 690 000	1 706 000	2 093 000
Total Assets	1 670 000	1 825 000	1 874 000	2 191 000
Total Equity	−234 000	223 000	34 000	206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	194 000	335 000	472 000	588 000
Creditors	1 404 000	927 000	1 073 000	1 046 000
Unpaid Taxes	185 000	209 000	116 000	160 000
Dividends	0	0	0	0
Other Current Debt	122 000	131 000	138 000	144 000
Total Current Debt	1 710 000	1 267 000	1 368 000	1 398 000
Total Equity and Debt	1 670 000	1 825 000	1 874 000	2 191 000

Financial indicators	2022	2021	2020	2019
Return on Equity	195,3 %	84,3 %	−502,94 %	−85,92 %
Debt-to-Equity Ratio	−0,83	1,5	13,88	2,85
Operating Profit Margin	−5,78 %	2,61 %	−1,09 %	−1,68 %
Current Ratio	0,91	1,33	1,25	1,5
Quick Ratio	2,61	49,71	−155,09	−25,52
Equity Ratio	−0,14	0,12	0,02	0,09
Gross Profit Margin	24,13 %	28,98 %	23,29 %	26,59 %