MEKANISK INDUSTRI AS

5722 DALEKVAM

Finances

Return on Equity

1,56 %

Current Ratio

4,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 675 000	4 421 000	5 173 000	5 364 000
Net Income	34 000	261 000	218 000	136 000
Total Assets	2 805 000	2 800 000	2 683 000	2 575 000
Total Equity	2 173 000	2 139 000	1 878 000	1 660 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 675 000	4 421 000	5 173 000	5 364 000
Expenditure	4 610 000	4 101 000	4 893 000	5 169 000
Operating Profit	65 000	319 000	280 000	195 000
Financial Income	8 000	4 000	6 000	2 000
Financial Costs	3 000	3 000	3 000	4 000
Financial Balance	5 000	1 000	3 000	−2 000
Earnings Before Tax	71 000	320 000	283 000	194 000
Tax	37 000	59 000	65 000	58 000
Net Income	34 000	261 000	218 000	136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	149 000	211 000	229 000	65 000
Total Current Assets	2 655 000	2 589 000	2 454 000	2 509 000
Total Assets	2 805 000	2 800 000	2 683 000	2 575 000
Total Retained Equity	2 080 000	2 046 000	1 785 000	1 567 000
Total Equity	2 173 000	2 139 000	1 878 000	1 660 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	632 000	661 000	805 000	914 000
Total Equity and Debt	2 805 000	2 800 000	2 683 000	2 575 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 675 000	4 416 000	5 168 000	5 364 000
Other Income	0	5 000	5 000	0
Revenue	4 675 000	4 421 000	5 173 000	5 364 000
Cost of Goods Sold	1 225 000	1 009 000	1 455 000	1 375 000
Salary Costs	2 338 000	2 269 000	2 634 000	2 828 000
Depreciation	62 000	62 000	43 000	27 000
Impairment	0	0	0	0
Expenditure	4 610 000	4 101 000	4 893 000	5 169 000
Operating Profit	65 000	319 000	280 000	195 000
Financial Income	8 000	4 000	6 000	2 000
Financial Costs	3 000	3 000	3 000	4 000
Financial Balance	5 000	1 000	3 000	−2 000
Dividends	0	0	0	0
Net Income	34 000	261 000	218 000	136 000

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	139 000	201 000	218 000	55 000
Total Tangible Assets	139 000	201 000	218 000	55 000
Total Fiancial Fixed Assets	11 000	11 000	11 000	11 000
Total Fixed Assets	149 000	211 000	229 000	65 000
Stock	311 000	314 000	230 000	248 000
Total Investments	0	0	0	0
Cash, Bank	1 796 000	1 823 000	1 622 000	1 774 000
Total Current Assets	2 655 000	2 589 000	2 454 000	2 509 000
Total Assets	2 805 000	2 800 000	2 683 000	2 575 000
Total Equity	2 173 000	2 139 000	1 878 000	1 660 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	46 000	49 000	140 000	235 000
Unpaid Taxes	284 000	301 000	343 000	320 000
Dividends	0	0	0	0
Other Current Debt	266 000	252 000	257 000	316 000
Total Current Debt	632 000	661 000	805 000	914 000
Total Equity and Debt	2 805 000	2 800 000	2 683 000	2 575 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,56 %	12,2 %	11,61 %	8,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,39 %	7,22 %	5,41 %	3,64 %
Current Ratio	4,2	3,92	3,05	2,75
Quick Ratio	8,27	7,46	4,27	3,77
Equity Ratio	0,77	0,76	0,7	0,64
Gross Profit Margin	73,8 %	77,18 %	71,87 %	74,37 %