MEISTAD IT CONSULTING AS

3046 DRAMMEN

Finances

Share Ownership

Return on Equity

38,44 %

Current Ratio

3,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 915 000	1 284 000	1 637 000	1 848 000
Net Income	851 000	214 000	528 000	693 000
Total Assets	3 102 000	1 645 000	3 495 000	3 079 000
Total Equity	2 214 000	1 363 000	3 149 000	2 621 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 915 000	1 284 000	1 637 000	1 848 000
Expenditure	826 000	1 009 000	961 000	957 000
Operating Profit	1 090 000	274 000	676 000	890 000
Financial Income	2 000	4 000	0	0
Financial Costs	1 000	3 000	−1 000	2 000
Financial Balance	1 000	1 000	1 000	−2 000
Earnings Before Tax	1 090 000	275 000	677 000	889 000
Tax	240 000	60 000	149 000	195 000
Net Income	851 000	214 000	528 000	693 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	4 000	12 000
Total Current Assets	3 102 000	1 645 000	3 490 000	3 067 000
Total Assets	3 102 000	1 645 000	3 495 000	3 079 000
Total Retained Equity	2 184 000	1 333 000	3 119 000	2 591 000
Total Equity	2 214 000	1 363 000	3 149 000	2 621 000
Total Long-Term Debt	0	0	1 000	3 000
Total Current Debt	888 000	282 000	345 000	456 000
Total Equity and Debt	3 102 000	1 645 000	3 495 000	3 079 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 915 000	1 284 000	1 637 000	1 848 000
Other Income	0	0	0	0
Revenue	1 915 000	1 284 000	1 637 000	1 848 000
Cost of Goods Sold	0	0	0	0
Salary Costs	693 000	878 000	850 000	861 000
Depreciation	0	4 000	8 000	5 000
Impairment	0	0	0	0
Expenditure	826 000	1 009 000	961 000	957 000
Operating Profit	1 090 000	274 000	676 000	890 000
Financial Income	2 000	4 000	0	0
Financial Costs	1 000	3 000	−1 000	2 000
Financial Balance	1 000	1 000	1 000	−2 000
Dividends	0	2 000 000	0	0
Net Income	851 000	214 000	528 000	693 000

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	0	4 000	12 000
Total Tangible Assets	0	0	4 000	12 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	4 000	12 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 727 000	1 566 000	3 360 000	2 740 000
Total Current Assets	3 102 000	1 645 000	3 490 000	3 067 000
Total Assets	3 102 000	1 645 000	3 495 000	3 079 000
Total Equity	2 214 000	1 363 000	3 149 000	2 621 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	3 000
Creditors	0	3 000	3 000	7 000
Unpaid Taxes	163 000	68 000	105 000	120 000
Dividends	0	2 000 000	0	0
Other Current Debt	485 000	150 000	87 000	135 000
Total Current Debt	888 000	282 000	345 000	456 000
Total Equity and Debt	3 102 000	1 645 000	3 495 000	3 079 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,44 %	15,7 %	16,77 %	26,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	56,92 %	21,34 %	41,3 %	48,16 %
Current Ratio	3,49	5,83	10,12	6,73
Quick Ratio	3,49	5,83	10,12	6,73
Equity Ratio	0,71	0,83	0,9	0,85
Gross Profit Margin	100 %	100 %	100 %	100 %