MERCOMODS AS

3159 MELSOMVIK

Finances

Share Ownership

Return on Equity

−146,67 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	622 000	1 222 000	1 316 000	523 000
Net Income	−132 000	16 000	151 000	30 000
Total Assets	159 000	460 000	577 000	314 000
Total Equity	90 000	275 000	259 000	108 000

Income (NOK)	2022	2021	2020	2019
Revenue	622 000	1 222 000	1 316 000	523 000
Expenditure	750 000	1 197 000	1 116 000	468 000
Operating Profit	−128 000	24 000	200 000	54 000
Financial Income	0	0	0	0
Financial Costs	1 000	4 000	7 000	9 000
Financial Balance	−1 000	−4 000	−7 000	−9 000
Earnings Before Tax	−129 000	21 000	193 000	45 000
Tax	3 000	5 000	42 000	15 000
Net Income	−132 000	16 000	151 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	29 000	31 000	67 000
Total Current Assets	142 000	431 000	546 000	247 000
Total Assets	159 000	460 000	577 000	314 000
Total Retained Equity	60 000	245 000	229 000	78 000
Total Equity	90 000	275 000	259 000	108 000
Total Long-Term Debt	0	16 000	64 000	109 000
Total Current Debt	69 000	168 000	254 000	97 000
Total Equity and Debt	159 000	460 000	577 000	314 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	622 000	1 222 000	1 305 000	529 000
Other Income	0	0	11 000	−6 000
Revenue	622 000	1 222 000	1 316 000	523 000
Cost of Goods Sold	278 000	374 000	327 000	74 000
Salary Costs	306 000	571 000	515 000	102 000
Depreciation	9 000	17 000	39 000	38 000
Impairment	0	0	0	0
Expenditure	750 000	1 197 000	1 116 000	468 000
Operating Profit	−128 000	24 000	200 000	54 000
Financial Income	0	0	0	0
Financial Costs	1 000	4 000	7 000	9 000
Financial Balance	−1 000	−4 000	−7 000	−9 000
Dividends	53 000	0	0	0
Net Income	−132 000	16 000	151 000	30 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 000	3 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	26 000	28 000	67 000
Total Tangible Assets	18 000	26 000	28 000	67 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 000	29 000	31 000	67 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	109 000	174 000	161 000	95 000
Total Current Assets	142 000	431 000	546 000	247 000
Total Assets	159 000	460 000	577 000	314 000
Total Equity	90 000	275 000	259 000	108 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	16 000	64 000	109 000
Creditors	15 000	9 000	25 000	19 000
Unpaid Taxes	25 000	95 000	132 000	38 000
Dividends	53 000	0	0	0
Other Current Debt	29 000	59 000	52 000	25 000
Total Current Debt	69 000	168 000	254 000	97 000
Total Equity and Debt	159 000	460 000	577 000	314 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−146,67 %	5,82 %	58,3 %	27,78 %
Debt-to-Equity Ratio	0	0,06	0,25	1,01
Operating Profit Margin	−20,58 %	1,96 %	15,2 %	10,33 %
Current Ratio	2,06	2,57	2,15	2,55
Quick Ratio	2,06	2,57	2,15	2,55
Equity Ratio	0,57	0,6	0,45	0,34
Gross Profit Margin	55,31 %	69,39 %	75,15 %	85,85 %