MTK HARDANGER AS

5750 ODDA

Finances

Share Ownership

Return on Equity

6,26 %

Current Ratio

1,66

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 462 000	9 043 000	9 911 000	9 357 000
Net Income	138 000	294 000	592 000	407 000
Total Assets	4 274 000	5 033 000	5 449 000	4 986 000
Total Equity	2 206 000	2 168 000	2 274 000	2 282 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 462 000	9 043 000	9 911 000	9 357 000
Expenditure	7 287 000	8 666 000	9 131 000	8 828 000
Operating Profit	175 000	376 000	778 000	529 000
Financial Income	15 000	14 000	13 000	12 000
Financial Costs	14 000	13 000	22 000	19 000
Financial Balance	1 000	1 000	−9 000	−7 000
Earnings Before Tax	176 000	377 000	770 000	522 000
Tax	39 000	83 000	177 000	115 000
Net Income	138 000	294 000	592 000	407 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 254 000	1 243 000	1 268 000	1 267 000
Total Current Assets	3 021 000	3 790 000	4 182 000	3 719 000
Total Assets	4 274 000	5 033 000	5 449 000	4 986 000
Total Retained Equity	2 106 000	2 068 000	2 174 000	2 182 000
Total Equity	2 206 000	2 168 000	2 274 000	2 282 000
Total Long-Term Debt	253 000	283 000	313 000	343 000
Total Current Debt	1 816 000	2 583 000	2 863 000	2 362 000
Total Equity and Debt	4 274 000	5 033 000	5 449 000	4 986 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 298 000	8 754 000	9 797 000	9 237 000
Other Income	164 000	288 000	114 000	120 000
Revenue	7 462 000	9 043 000	9 911 000	9 357 000
Cost of Goods Sold	0	37 000	0	223 000
Salary Costs	6 244 000	7 356 000	7 937 000	7 078 000
Depreciation	94 000	144 000	96 000	77 000
Impairment	0	0	0	0
Expenditure	7 287 000	8 666 000	9 131 000	8 828 000
Operating Profit	175 000	376 000	778 000	529 000
Financial Income	15 000	14 000	13 000	12 000
Financial Costs	14 000	13 000	22 000	19 000
Financial Balance	1 000	1 000	−9 000	−7 000
Dividends	100 000	400 000	600 000	0
Net Income	138 000	294 000	592 000	407 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	32 000	26 000	11 000	10 000
Real Eastate	1 017 000	1 017 000	1 017 000	1 017 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	205 000	200 000	239 000	239 000
Total Tangible Assets	1 222 000	1 217 000	1 256 000	1 256 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 254 000	1 243 000	1 268 000	1 267 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 596 000	1 530 000	1 766 000	1 676 000
Total Current Assets	3 021 000	3 790 000	4 182 000	3 719 000
Total Assets	4 274 000	5 033 000	5 449 000	4 986 000
Total Equity	2 206 000	2 168 000	2 274 000	2 282 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	253 000	283 000	313 000	343 000
Creditors	5 000	37 000	32 000	67 000
Unpaid Taxes	786 000	1 113 000	1 133 000	1 224 000
Dividends	100 000	400 000	600 000	0
Other Current Debt	880 000	1 236 000	1 219 000	957 000
Total Current Debt	1 816 000	2 583 000	2 863 000	2 362 000
Total Equity and Debt	4 274 000	5 033 000	5 449 000	4 986 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,26 %	13,56 %	26,03 %	17,84 %
Debt-to-Equity Ratio	0,11	0,13	0,14	0,15
Operating Profit Margin	2,35 %	4,16 %	7,85 %	5,65 %
Current Ratio	1,66	1,47	1,46	1,57
Quick Ratio	1,66	1,47	1,46	1,57
Equity Ratio	0,52	0,43	0,42	0,46
Gross Profit Margin	100 %	99,59 %	100 %	97,62 %