MATEC ØST AS

2256 GRUE FINNSKOG

Finances

Share Ownership

Return on Equity

317,02 %

Current Ratio

0,67

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 560 000	27 418 000	36 771 000	7 767 000
Net Income	−3 595 000	2 115 000	4 449 000	96 000
Total Assets	4 750 000	12 366 000	12 570 000	2 773 000
Total Equity	−1 134 000	1 631 000	1 616 000	1 367 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 560 000	27 418 000	36 771 000	7 767 000
Expenditure	10 439 000	24 683 000	31 381 000	7 670 000
Operating Profit	−3 879 000	2 736 000	5 390 000	98 000
Financial Income	35 000	0	1 000	0
Financial Costs	1 000	52 000	4 000	2 000
Financial Balance	34 000	−52 000	−3 000	−2 000
Earnings Before Tax	−3 845 000	2 684 000	5 387 000	96 000
Tax	−250 000	569 000	938 000	0
Net Income	−3 595 000	2 115 000	4 449 000	96 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	824 000	862 000	624 000	445 000
Total Current Assets	3 926 000	11 504 000	11 947 000	2 329 000
Total Assets	4 750 000	12 366 000	12 570 000	2 773 000
Total Retained Equity	−2 969 000	626 000	611 000	362 000
Total Equity	−1 134 000	1 631 000	1 616 000	1 367 000
Total Long-Term Debt	0	16 000	0	0
Total Current Debt	5 885 000	10 719 000	10 955 000	1 407 000
Total Equity and Debt	4 750 000	12 366 000	12 570 000	2 773 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 233 000	27 357 000	36 771 000	7 767 000
Other Income	327 000	62 000	0	0
Revenue	6 560 000	27 418 000	36 771 000	7 767 000
Cost of Goods Sold	2 233 000	13 463 000	19 503 000	597 000
Salary Costs	3 230 000	3 858 000	3 738 000	3 134 000
Depreciation	176 000	112 000	64 000	5 000
Impairment	0	0	0	0
Expenditure	10 439 000	24 683 000	31 381 000	7 670 000
Operating Profit	−3 879 000	2 736 000	5 390 000	98 000
Financial Income	35 000	0	1 000	0
Financial Costs	1 000	52 000	4 000	2 000
Financial Balance	34 000	−52 000	−3 000	−2 000
Dividends	0	2 100 000	4 200 000	0
Net Income	−3 595 000	2 115 000	4 449 000	96 000

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	789 000	682 000	350 000	77 000
Total Tangible Assets	789 000	682 000	350 000	77 000
Total Fiancial Fixed Assets	35 000	180 000	274 000	367 000
Total Fixed Assets	824 000	862 000	624 000	445 000
Stock	0	0	0	209 000
Total Investments	0	0	0	0
Cash, Bank	1 629 000	7 118 000	5 252 000	505 000
Total Current Assets	3 926 000	11 504 000	11 947 000	2 329 000
Total Assets	4 750 000	12 366 000	12 570 000	2 773 000
Total Equity	−1 134 000	1 631 000	1 616 000	1 367 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	16 000	0	0
Creditors	3 052 000	2 898 000	4 231 000	434 000
Unpaid Taxes	369 000	275 000	655 000	386 000
Dividends	0	2 100 000	4 200 000	0
Other Current Debt	2 464 000	4 894 000	931 000	587 000
Total Current Debt	5 885 000	10 719 000	10 955 000	1 407 000
Total Equity and Debt	4 750 000	12 366 000	12 570 000	2 773 000

Financial indicators	2022	2021	2020	2019
Return on Equity	317,02 %	129,68 %	275,31 %	7,02 %
Debt-to-Equity Ratio	−0	0,01	0	0
Operating Profit Margin	−59,13 %	9,98 %	14,66 %	1,26 %
Current Ratio	0,67	1,07	1,09	1,66
Quick Ratio	0,67	1,07	1,09	1,94
Equity Ratio	−0,24	0,13	0,13	0,49
Gross Profit Margin	65,96 %	50,9 %	46,96 %	92,31 %