MEA AS

6065 ULSTEINVIK

Finances

Return on Equity

18,21 %

Current Ratio

0,98

Debt-to-Equity Ratio

2,33

Key figures (NOK)	2021	2020	2019	2018
Revenue	903 000	3 973 000	2 220 000	2 946 000
Net Income	108 000	−485 000	746 000	1 167 000
Total Assets	4 650 000	4 159 000	3 446 000	3 847 000
Total Equity	593 000	484 000	969 000	750 000

Income (NOK)	2021	2020	2019	2018
Revenue	903 000	3 973 000	2 220 000	2 946 000
Expenditure	649 000	4 301 000	1 176 000	1 364 000
Operating Profit	254 000	−328 000	1 043 000	1 582 000
Financial Income	−1 000	34 000	1 000	0
Financial Costs	150 000	191 000	86 000	67 000
Financial Balance	−151 000	−157 000	−85 000	−67 000
Earnings Before Tax	104 000	−485 000	958 000	1 515 000
Tax	−5 000	0	212 000	348 000
Net Income	108 000	−485 000	746 000	1 167 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	2 024 000	2 012 000	1 735 000	1 757 000
Total Current Assets	2 626 000	2 147 000	1 711 000	2 090 000
Total Assets	4 650 000	4 159 000	3 446 000	3 847 000
Total Retained Equity	563 000	454 000	939 000	720 000
Total Equity	593 000	484 000	969 000	750 000
Total Long-Term Debt	1 383 000	1 404 000	1 560 000	735 000
Total Current Debt	2 675 000	2 270 000	917 000	2 362 000
Total Equity and Debt	4 650 000	4 159 000	3 446 000	3 847 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	903 000	3 973 000	2 220 000	2 946 000
Other Income	0	0	0	0
Revenue	903 000	3 973 000	2 220 000	2 946 000
Cost of Goods Sold	0	0	0	0
Salary Costs	454 000	3 218 000	516 000	965 000
Depreciation	0	0	22 000	18 000
Impairment	0	0	0	0
Expenditure	649 000	4 301 000	1 176 000	1 364 000
Operating Profit	254 000	−328 000	1 043 000	1 582 000
Financial Income	−1 000	34 000	1 000	0
Financial Costs	150 000	191 000	86 000	67 000
Financial Balance	−151 000	−157 000	−85 000	−67 000
Dividends	0	0	650 000	650 000
Net Income	108 000	−485 000	746 000	1 167 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	19 000
Total Tangible Assets	0	0	0	19 000
Total Fiancial Fixed Assets	2 024 000	2 012 000	1 735 000	1 735 000
Total Fixed Assets	2 024 000	2 012 000	1 735 000	1 757 000
Stock	0	0	0	0
Total Investments	1 000	1 000	0	0
Cash, Bank	−1 005 000	−217 000	465 000	41 000
Total Current Assets	2 626 000	2 147 000	1 711 000	2 090 000
Total Assets	4 650 000	4 159 000	3 446 000	3 847 000
Total Equity	593 000	484 000	969 000	750 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 383 000	1 404 000	1 560 000	735 000
Creditors	369 000	126 000	443 000	10 000
Unpaid Taxes	857 000	691 000	241 000	411 000
Dividends	0	0	650 000	650 000
Other Current Debt	1 666 000	1 453 000	14 000	599 000
Total Current Debt	2 675 000	2 270 000	917 000	2 362 000
Total Equity and Debt	4 650 000	4 159 000	3 446 000	3 847 000

Financial indicators	2021	2020	2019	2018
Return on Equity	18,21 %	−100,21 %	76,99 %	155,6 %
Debt-to-Equity Ratio	2,33	2,9	1,61	0,98
Operating Profit Margin	28,13 %	−8,26 %	46,98 %	53,7 %
Current Ratio	0,98	0,95	1,87	0,88
Quick Ratio	0,98	0,95	1,87	0,88
Equity Ratio	0,13	0,12	0,28	0,19
Gross Profit Margin	100 %	100 %	100 %	100 %