MERKANTIL AS

3182 HORTEN

Finances

Share Ownership

Return on Equity

3,9 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	131 000	104 000	156 000	136 000
Net Income	3 000	3 000	4 000	3 000
Total Assets	133 000	134 000	152 000	128 000
Total Equity	77 000	123 000	120 000	116 000

Income (NOK)	2022	2021	2020	2019
Revenue	131 000	104 000	156 000	136 000
Expenditure	127 000	98 000	140 000	138 000
Operating Profit	3 000	3 000	5 000	5 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	3 000	3 000	5 000	5 000
Tax	1 000	1 000	1 000	2 000
Net Income	3 000	3 000	4 000	3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	68 000	30 000	30 000	30 000
Total Current Assets	65 000	104 000	122 000	98 000
Total Assets	133 000	134 000	152 000	128 000
Total Retained Equity	45 000	42 000	39 000	35 000
Total Equity	77 000	123 000	120 000	116 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	56 000	11 000	32 000	12 000
Total Equity and Debt	133 000	134 000	152 000	128 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 000	101 000	159 000	147 000
Other Income	62 000	3 000	−3 000	−11 000
Revenue	131 000	104 000	156 000	136 000
Cost of Goods Sold	46 000	23 000	13 000	15 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	13 000
Impairment	0	0	0	0
Expenditure	127 000	98 000	140 000	138 000
Operating Profit	3 000	3 000	5 000	5 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	3 000	3 000	4 000	3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	30 000	30 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	68 000	30 000	0	0
Total Tangible Assets	68 000	30 000	30 000	30 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	68 000	30 000	30 000	30 000
Stock	47 000	28 000	46 000	55 000
Total Investments	0	0	0	0
Cash, Bank	2 000	60 000	16 000	6 000
Total Current Assets	65 000	104 000	122 000	98 000
Total Assets	133 000	134 000	152 000	128 000
Total Equity	77 000	123 000	120 000	116 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	2 000	0
Unpaid Taxes	3 000	4 000	6 000	8 000
Dividends	0	0	0	0
Other Current Debt	52 000	7 000	23 000	3 000
Total Current Debt	56 000	11 000	32 000	12 000
Total Equity and Debt	133 000	134 000	152 000	128 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,9 %	2,44 %	3,33 %	2,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,29 %	2,88 %	3,21 %	3,68 %
Current Ratio	1,16	9,45	3,81	8,17
Quick Ratio	7,22	−6,12	−8,71	−2,28
Equity Ratio	0,58	0,92	0,79	0,91
Gross Profit Margin	64,89 %	77,88 %	91,67 %	88,97 %