MATVÆRKET AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

−90,26 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 341 000	5 251 000	6 069 000	8 278 000
Net Income	−751 000	82 000	32 000	−876 000
Total Assets	2 244 000	2 636 000	3 024 000	2 952 000
Total Equity	832 000	1 583 000	1 501 000	1 406 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 341 000	5 251 000	6 069 000	8 278 000
Expenditure	6 297 000	5 103 000	5 999 000	9 398 000
Operating Profit	−956 000	148 000	71 000	−1 120 000
Financial Income	3 000	0	0	1 000
Financial Costs	9 000	42 000	30 000	4 000
Financial Balance	−6 000	−42 000	−30 000	−3 000
Earnings Before Tax	−962 000	106 000	41 000	−1 123 000
Tax	−211 000	23 000	9 000	−247 000
Net Income	−751 000	82 000	32 000	−876 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	734 000	646 000	732 000	918 000
Total Current Assets	1 510 000	1 989 000	2 292 000	2 034 000
Total Assets	2 244 000	2 636 000	3 024 000	2 952 000
Total Retained Equity	0	114 000	32 000	0
Total Equity	832 000	1 583 000	1 501 000	1 406 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 412 000	1 052 000	1 523 000	1 546 000
Total Equity and Debt	2 244 000	2 636 000	3 024 000	2 952 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 959 000	3 930 000	4 205 000	8 278 000
Other Income	382 000	1 321 000	1 864 000	0
Revenue	5 341 000	5 251 000	6 069 000	8 278 000
Cost of Goods Sold	1 577 000	1 242 000	1 381 000	2 510 000
Salary Costs	1 979 000	1 592 000	1 770 000	3 178 000
Depreciation	172 000	164 000	158 000	368 000
Impairment	0	0	0	0
Expenditure	6 297 000	5 103 000	5 999 000	9 398 000
Operating Profit	−956 000	148 000	71 000	−1 120 000
Financial Income	3 000	0	0	1 000
Financial Costs	9 000	42 000	30 000	4 000
Financial Balance	−6 000	−42 000	−30 000	−3 000
Dividends	0	0	0	0
Net Income	−751 000	82 000	32 000	−876 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	305 000	93 000	111 000	138 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	429 000	553 000	621 000	779 000
Total Tangible Assets	429 000	553 000	621 000	779 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	734 000	646 000	732 000	918 000
Stock	123 000	67 000	63 000	144 000
Total Investments	0	0	0	0
Cash, Bank	112 000	66 000	55 000	155 000
Total Current Assets	1 510 000	1 989 000	2 292 000	2 034 000
Total Assets	2 244 000	2 636 000	3 024 000	2 952 000
Total Equity	832 000	1 583 000	1 501 000	1 406 000
Short-Term Group Debt	125 000	20 000	706 000	38 000
Total Long-Term Debt	0	0	0	0
Creditors	560 000	501 000	336 000	519 000
Unpaid Taxes	239 000	215 000	112 000	402 000
Dividends	0	0	0	0
Other Current Debt	488 000	311 000	368 000	588 000
Total Current Debt	1 412 000	1 052 000	1 523 000	1 546 000
Total Equity and Debt	2 244 000	2 636 000	3 024 000	2 952 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−90,26 %	5,18 %	2,13 %	−62,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−17,9 %	2,82 %	1,17 %	−13,53 %
Current Ratio	1,07	1,89	1,5	1,32
Quick Ratio	1,17	2,02	1,57	1,45
Equity Ratio	0,37	0,6	0,5	0,48
Gross Profit Margin	70,47 %	76,35 %	77,25 %	69,68 %