MURTEC AS

7075 TILLER

Finances

Share Ownership

Return on Equity

57 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 063 000	24 174 000	22 865 000	21 463 000
Net Income	1 006 000	1 472 000	997 000	971 000
Total Assets	10 744 000	9 255 000	8 314 000	7 648 000
Total Equity	1 765 000	2 158 000	2 186 000	1 989 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 063 000	24 174 000	22 865 000	21 463 000
Expenditure	26 704 000	22 213 000	21 649 000	20 149 000
Operating Profit	1 359 000	1 962 000	1 217 000	1 314 000
Financial Income	4 000	3 000	20 000	2 000
Financial Costs	68 000	75 000	44 000	69 000
Financial Balance	−64 000	−72 000	−24 000	−67 000
Earnings Before Tax	1 295 000	1 889 000	1 192 000	1 247 000
Tax	288 000	417 000	195 000	276 000
Net Income	1 006 000	1 472 000	997 000	971 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 311 000	1 914 000	1 266 000	550 000
Total Current Assets	8 433 000	7 341 000	7 048 000	7 098 000
Total Assets	10 744 000	9 255 000	8 314 000	7 648 000
Total Retained Equity	1 665 000	2 058 000	2 086 000	1 889 000
Total Equity	1 765 000	2 158 000	2 186 000	1 989 000
Total Long-Term Debt	1 476 000	1 166 000	840 000	320 000
Total Current Debt	7 503 000	5 931 000	5 288 000	5 339 000
Total Equity and Debt	10 744 000	9 255 000	8 314 000	7 648 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 529 000	24 055 000	22 864 000	21 451 000
Other Income	534 000	119 000	1 000	12 000
Revenue	28 063 000	24 174 000	22 865 000	21 463 000
Cost of Goods Sold	10 358 000	8 484 000	8 167 000	9 170 000
Salary Costs	11 310 000	10 417 000	9 918 000	8 276 000
Depreciation	644 000	478 000	233 000	166 000
Impairment	0	0	0	0
Expenditure	26 704 000	22 213 000	21 649 000	20 149 000
Operating Profit	1 359 000	1 962 000	1 217 000	1 314 000
Financial Income	4 000	3 000	20 000	2 000
Financial Costs	68 000	75 000	44 000	69 000
Financial Balance	−64 000	−72 000	−24 000	−67 000
Dividends	1 400 000	1 000 000	800 000	700 000
Net Income	1 006 000	1 472 000	997 000	971 000

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	43 000	6 000	9 000	13 000
Fixtures	2 266 000	1 905 000	1 237 000	491 000
Total Tangible Assets	2 309 000	1 911 000	1 246 000	504 000
Total Fiancial Fixed Assets	2 000	4 000	20 000	46 000
Total Fixed Assets	2 311 000	1 914 000	1 266 000	550 000
Stock	37 000	13 000	15 000	34 000
Total Investments	0	0	0	0
Cash, Bank	1 907 000	2 916 000	3 764 000	254 000
Total Current Assets	8 433 000	7 341 000	7 048 000	7 098 000
Total Assets	10 744 000	9 255 000	8 314 000	7 648 000
Total Equity	1 765 000	2 158 000	2 186 000	1 989 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 476 000	1 166 000	840 000	320 000
Creditors	1 924 000	1 099 000	931 000	988 000
Unpaid Taxes	1 956 000	2 089 000	2 136 000	1 851 000
Dividends	1 400 000	1 000 000	800 000	700 000
Other Current Debt	1 942 000	1 357 000	1 230 000	991 000
Total Current Debt	7 503 000	5 931 000	5 288 000	5 339 000
Total Equity and Debt	10 744 000	9 255 000	8 314 000	7 648 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57 %	68,21 %	45,61 %	48,82 %
Debt-to-Equity Ratio	0,84	0,54	0,38	0,16
Operating Profit Margin	4,84 %	8,12 %	5,32 %	6,12 %
Current Ratio	1,12	1,24	1,33	1,33
Quick Ratio	1,13	1,24	1,34	1,34
Equity Ratio	0,16	0,23	0,26	0,26
Gross Profit Margin	63,09 %	64,9 %	64,28 %	57,28 %