MECCII AS

3580 GEILO

Finances

Return on Equity

−40,17 %

Current Ratio

6,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	653 000	2 777 000	2 609 000	2 386 000
Net Income	−325 000	681 000	631 000	339 000
Total Assets	931 000	2 068 000	1 348 000	1 388 000
Total Equity	809 000	1 479 000	798 000	917 000

Income (NOK)	2022	2021	2020	2019
Revenue	653 000	2 777 000	2 609 000	2 386 000
Expenditure	1 058 000	1 940 000	1 924 000	1 950 000
Operating Profit	−405 000	838 000	686 000	436 000
Financial Income	80 000	30 000	96 000	0
Financial Costs	1 000	0	1 000	0
Financial Balance	79 000	30 000	95 000	0
Earnings Before Tax	−325 000	867 000	781 000	436 000
Tax	0	186 000	150 000	97 000
Net Income	−325 000	681 000	631 000	339 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	106 000	3 000	12 000	18 000
Total Current Assets	825 000	2 065 000	1 336 000	1 371 000
Total Assets	931 000	2 068 000	1 348 000	1 388 000
Total Retained Equity	778 000	1 448 000	767 000	885 000
Total Equity	809 000	1 479 000	798 000	917 000
Total Long-Term Debt	0	0	0	5 000
Total Current Debt	122 000	589 000	550 000	466 000
Total Equity and Debt	931 000	2 068 000	1 348 000	1 388 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	650 000	2 758 000	2 609 000	2 386 000
Other Income	3 000	19 000	0	0
Revenue	653 000	2 777 000	2 609 000	2 386 000
Cost of Goods Sold	0	0	0	0
Salary Costs	956 000	1 801 000	1 781 000	1 663 000
Depreciation	3 000	8 000	8 000	9 000
Impairment	0	0	0	0
Expenditure	1 058 000	1 940 000	1 924 000	1 950 000
Operating Profit	−405 000	838 000	686 000	436 000
Financial Income	80 000	30 000	96 000	0
Financial Costs	1 000	0	1 000	0
Financial Balance	79 000	30 000	95 000	0
Dividends	345 000	0	0	0
Net Income	−325 000	681 000	631 000	339 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	3 000	10 000	18 000
Total Tangible Assets	0	3 000	10 000	18 000
Total Fiancial Fixed Assets	106 000	0	0	0
Total Fixed Assets	106 000	3 000	12 000	18 000
Stock	0	0	0	0
Total Investments	591 000	812 000	323 000	497 000
Cash, Bank	214 000	393 000	720 000	334 000
Total Current Assets	825 000	2 065 000	1 336 000	1 371 000
Total Assets	931 000	2 068 000	1 348 000	1 388 000
Total Equity	809 000	1 479 000	798 000	917 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	5 000
Creditors	3 000	8 000	9 000	7 000
Unpaid Taxes	32 000	235 000	240 000	217 000
Dividends	345 000	0	0	0
Other Current Debt	87 000	161 000	149 000	146 000
Total Current Debt	122 000	589 000	550 000	466 000
Total Equity and Debt	931 000	2 068 000	1 348 000	1 388 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,17 %	46,04 %	79,07 %	36,97 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−62,02 %	30,18 %	26,29 %	18,27 %
Current Ratio	6,76	3,51	2,43	2,94
Quick Ratio	6,76	3,51	2,43	2,94
Equity Ratio	0,87	0,72	0,59	0,66
Gross Profit Margin	100 %	100 %	100 %	100 %