METERVARE AS

0572 OSLO

Finances

Return on Equity

−9,57 %

Current Ratio

2,67

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 817 000	21 357 000	13 045 000	9 195 000
Net Income	−267 000	1 735 000	1 120 000	−397 000
Total Assets	6 591 000	7 625 000	5 056 000	3 451 000
Total Equity	2 790 000	2 811 000	1 076 000	271 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 817 000	21 357 000	13 045 000	9 195 000
Expenditure	23 073 000	19 037 000	11 701 000	9 621 000
Operating Profit	−256 000	2 320 000	1 344 000	−426 000
Financial Income	6 000	4 000	1 000	2 000
Financial Costs	89 000	96 000	65 000	104 000
Financial Balance	−83 000	−92 000	−64 000	−102 000
Earnings Before Tax	−339 000	2 228 000	1 280 000	−529 000
Tax	−72 000	493 000	160 000	−132 000
Net Income	−267 000	1 735 000	1 120 000	−397 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 315 000	1 183 000	752 000	821 000
Total Current Assets	5 276 000	6 442 000	4 304 000	2 630 000
Total Assets	6 591 000	7 625 000	5 056 000	3 451 000
Total Retained Equity	2 344 000	2 611 000	876 000	71 000
Total Equity	2 790 000	2 811 000	1 076 000	271 000
Total Long-Term Debt	1 826 000	2 266 000	2 133 000	1 637 000
Total Current Debt	1 975 000	2 548 000	1 847 000	1 543 000
Total Equity and Debt	6 591 000	7 625 000	5 056 000	3 451 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 809 000	21 049 000	12 955 000	9 158 000
Other Income	8 000	308 000	90 000	37 000
Revenue	22 817 000	21 357 000	13 045 000	9 195 000
Cost of Goods Sold	9 977 000	8 698 000	5 227 000	4 563 000
Salary Costs	7 227 000	5 605 000	3 940 000	2 909 000
Depreciation	171 000	139 000	85 000	82 000
Impairment	0	0	0	0
Expenditure	23 073 000	19 037 000	11 701 000	9 621 000
Operating Profit	−256 000	2 320 000	1 344 000	−426 000
Financial Income	6 000	4 000	1 000	2 000
Financial Costs	89 000	96 000	65 000	104 000
Financial Balance	−83 000	−92 000	−64 000	−102 000
Dividends	0	0	0	0
Net Income	−267 000	1 735 000	1 120 000	−397 000

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	285 000	307 000	0	0
Fixtures	590 000	656 000	744 000	813 000
Total Tangible Assets	875 000	963 000	744 000	813 000
Total Fiancial Fixed Assets	440 000	220 000	8 000	8 000
Total Fixed Assets	1 315 000	1 183 000	752 000	821 000
Stock	1 819 000	1 609 000	1 163 000	479 000
Total Investments	0	0	0	0
Cash, Bank	2 442 000	4 077 000	2 440 000	1 134 000
Total Current Assets	5 276 000	6 442 000	4 304 000	2 630 000
Total Assets	6 591 000	7 625 000	5 056 000	3 451 000
Total Equity	2 790 000	2 811 000	1 076 000	271 000
Short-Term Group Debt	0	0	405 000	0
Total Long-Term Debt	1 826 000	2 266 000	2 133 000	1 637 000
Creditors	561 000	674 000	382 000	677 000
Unpaid Taxes	768 000	571 000	463 000	374 000
Dividends	0	0	0	0
Other Current Debt	646 000	824 000	597 000	492 000
Total Current Debt	1 975 000	2 548 000	1 847 000	1 543 000
Total Equity and Debt	6 591 000	7 625 000	5 056 000	3 451 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,57 %	61,72 %	104,09 %	−146,49 %
Debt-to-Equity Ratio	0,65	0,81	1,98	6,04
Operating Profit Margin	−1,12 %	10,86 %	10,3 %	−4,63 %
Current Ratio	2,67	2,53	2,33	1,7
Quick Ratio	33,82	6,86	6,29	2,47
Equity Ratio	0,42	0,37	0,21	0,08
Gross Profit Margin	56,27 %	59,27 %	59,93 %	50,38 %