MEIFAS ELEKTRO AS

1940 BJØRKELANGEN

Finances

Share Ownership

Return on Equity

−91,18 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 000	0	810 000	1 111 000
Net Income	−62 000	−66 000	165 000	6 000
Total Assets	69 000	131 000	251 000	597 000
Total Equity	68 000	129 000	195 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 000	0	810 000	1 111 000
Expenditure	72 000	66 000	598 000	1 104 000
Operating Profit	−61 000	−66 000	212 000	8 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Earnings Before Tax	−62 000	−66 000	212 000	6 000
Tax	0	0	47 000	1 000
Net Income	−62 000	−66 000	165 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	17 000	43 000	69 000
Total Current Assets	69 000	114 000	208 000	528 000
Total Assets	69 000	131 000	251 000	597 000
Total Retained Equity	43 000	105 000	171 000	6 000
Total Equity	68 000	129 000	195 000	30 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	1 000	2 000	56 000	566 000
Total Equity and Debt	69 000	131 000	251 000	597 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	810 000	1 111 000
Other Income	11 000	0	0	0
Revenue	11 000	0	810 000	1 111 000
Cost of Goods Sold	0	0	480 000	1 000 000
Salary Costs	0	0	0	0
Depreciation	13 000	26 000	26 000	9 000
Impairment	0	0	0	0
Expenditure	72 000	66 000	598 000	1 104 000
Operating Profit	−61 000	−66 000	212 000	8 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	−62 000	−66 000	165 000	6 000

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	0	17 000	43 000	69 000
Total Tangible Assets	0	17 000	43 000	69 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	17 000	43 000	69 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	61 000	99 000	197 000	60 000
Total Current Assets	69 000	114 000	208 000	528 000
Total Assets	69 000	131 000	251 000	597 000
Total Equity	68 000	129 000	195 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	0	1 000	3 000	12 000
Unpaid Taxes	0	0	0	133 000
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	5 000	421 000
Total Current Debt	1 000	2 000	56 000	566 000
Total Equity and Debt	69 000	131 000	251 000	597 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−91,18 %	−51,16 %	84,62 %	20 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	−554,55 %	-	26,17 %	0,72 %
Current Ratio	69	57	3,71	0,93
Quick Ratio	69	57	3,71	0,93
Equity Ratio	0,99	0,98	0,78	0,05
Gross Profit Margin	100 %	-	40,74 %	9,99 %