MEYERHAUGEN AS

0161 OSLO

Finances

Share Ownership

Return on Equity

97,15 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 161 000	33 863 000	11 771 000	8 788 000
Net Income	1 570 000	6 851 000	1 724 000	691 000
Total Assets	11 413 000	18 168 000	6 279 000	2 347 000
Total Equity	1 616 000	3 045 000	1 054 000	430 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 161 000	33 863 000	11 771 000	8 788 000
Expenditure	38 108 000	25 059 000	9 535 000	7 873 000
Operating Profit	2 053 000	8 804 000	2 236 000	915 000
Financial Income	19 000	6 000	3 000	4 000
Financial Costs	29 000	9 000	7 000	5 000
Financial Balance	−10 000	−3 000	−4 000	−1 000
Earnings Before Tax	2 043 000	8 801 000	2 232 000	914 000
Tax	473 000	1 949 000	508 000	223 000
Net Income	1 570 000	6 851 000	1 724 000	691 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	927 000	1 079 000	281 000	288 000
Total Current Assets	10 486 000	17 090 000	5 998 000	2 058 000
Total Assets	11 413 000	18 168 000	6 279 000	2 347 000
Total Retained Equity	1 595 000	3 025 000	1 034 000	409 000
Total Equity	1 616 000	3 045 000	1 054 000	430 000
Total Long-Term Debt	6 000	8 000	0	0
Total Current Debt	9 792 000	15 115 000	5 225 000	1 917 000
Total Equity and Debt	11 413 000	18 168 000	6 279 000	2 347 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 945 000	33 863 000	11 771 000	8 788 000
Other Income	215 000	0	0	0
Revenue	40 161 000	33 863 000	11 771 000	8 788 000
Cost of Goods Sold	2 006 000	2 930 000	1 606 000	3 596 000
Salary Costs	27 717 000	17 509 000	5 748 000	2 313 000
Depreciation	387 000	219 000	134 000	108 000
Impairment	0	0	0	0
Expenditure	38 108 000	25 059 000	9 535 000	7 873 000
Operating Profit	2 053 000	8 804 000	2 236 000	915 000
Financial Income	19 000	6 000	3 000	4 000
Financial Costs	29 000	9 000	7 000	5 000
Financial Balance	−10 000	−3 000	−4 000	−1 000
Dividends	3 000 000	4 860 000	1 100 000	300 000
Net Income	1 570 000	6 851 000	1 724 000	691 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	14 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	76 000	0	0	0
Fixtures	851 000	1 079 000	268 000	286 000
Total Tangible Assets	927 000	1 079 000	268 000	286 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	927 000	1 079 000	281 000	288 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 240 000	11 896 000	4 049 000	852 000
Total Current Assets	10 486 000	17 090 000	5 998 000	2 058 000
Total Assets	11 413 000	18 168 000	6 279 000	2 347 000
Total Equity	1 616 000	3 045 000	1 054 000	430 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	8 000	0	0
Creditors	1 107 000	571 000	485 000	947 000
Unpaid Taxes	3 477 000	2 641 000	1 439 000	246 000
Dividends	3 000 000	4 860 000	1 100 000	300 000
Other Current Debt	4 733 000	5 114 000	1 682 000	193 000
Total Current Debt	9 792 000	15 115 000	5 225 000	1 917 000
Total Equity and Debt	11 413 000	18 168 000	6 279 000	2 347 000

Financial indicators	2022	2021	2020	2019
Return on Equity	97,15 %	224,99 %	163,57 %	160,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,11 %	26 %	19 %	10,41 %
Current Ratio	1,07	1,13	1,15	1,07
Quick Ratio	1,07	1,13	1,15	1,07
Equity Ratio	0,14	0,17	0,17	0,18
Gross Profit Margin	95,01 %	91,35 %	86,36 %	59,08 %