MERIKON AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

149,6 %

Current Ratio

0,76

Debt-to-Equity Ratio

−1,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 575 000	27 772 000	18 425 000	15 958 000
Net Income	−4 316 000	92 000	107 000	37 000
Total Assets	8 156 000	8 573 000	5 519 000	4 864 000
Total Equity	−2 885 000	1 431 000	210 000	103 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 575 000	27 772 000	18 425 000	15 958 000
Expenditure	32 693 000	27 450 000	18 243 000	15 879 000
Operating Profit	−4 118 000	322 000	182 000	79 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	229 000	237 000	75 000	44 000
Financial Balance	−228 000	−237 000	−74 000	−43 000
Earnings Before Tax	−4 346 000	85 000	107 000	37 000
Tax	−30 000	−7 000	0	0
Net Income	−4 316 000	92 000	107 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 837 000	2 812 000	1 561 000	1 608 000
Total Current Assets	5 319 000	5 761 000	3 958 000	3 256 000
Total Assets	8 156 000	8 573 000	5 519 000	4 864 000
Total Retained Equity	−3 915 000	401 000	180 000	73 000
Total Equity	−2 885 000	1 431 000	210 000	103 000
Total Long-Term Debt	4 017 000	1 801 000	658 000	838 000
Total Current Debt	7 024 000	5 340 000	4 651 000	3 923 000
Total Equity and Debt	8 156 000	8 573 000	5 519 000	4 864 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 575 000	27 581 000	17 852 000	15 958 000
Other Income	0	191 000	572 000	0
Revenue	28 575 000	27 772 000	18 425 000	15 958 000
Cost of Goods Sold	4 773 000	5 098 000	1 493 000	1 208 000
Salary Costs	19 267 000	15 591 000	11 544 000	10 341 000
Depreciation	627 000	448 000	208 000	181 000
Impairment	0	0	0	0
Expenditure	32 693 000	27 450 000	18 243 000	15 879 000
Operating Profit	−4 118 000	322 000	182 000	79 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	229 000	237 000	75 000	44 000
Financial Balance	−228 000	−237 000	−74 000	−43 000
Dividends	0	0	0	0
Net Income	−4 316 000	92 000	107 000	37 000

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	2 131 000	2 057 000	806 000	868 000
Total Tangible Assets	2 131 000	2 057 000	806 000	868 000
Total Fiancial Fixed Assets	706 000	755 000	755 000	740 000
Total Fixed Assets	2 837 000	2 812 000	1 561 000	1 608 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 119 000	2 733 000	1 449 000	876 000
Total Current Assets	5 319 000	5 761 000	3 958 000	3 256 000
Total Assets	8 156 000	8 573 000	5 519 000	4 864 000
Total Equity	−2 885 000	1 431 000	210 000	103 000
Short-Term Group Debt	0	7 000	0	0
Total Long-Term Debt	4 017 000	1 801 000	658 000	838 000
Creditors	2 037 000	1 192 000	480 000	166 000
Unpaid Taxes	3 061 000	2 727 000	3 043 000	1 842 000
Dividends	0	0	0	0
Other Current Debt	1 926 000	1 414 000	1 127 000	1 914 000
Total Current Debt	7 024 000	5 340 000	4 651 000	3 923 000
Total Equity and Debt	8 156 000	8 573 000	5 519 000	4 864 000

Financial indicators	2022	2021	2020	2019
Return on Equity	149,6 %	6,43 %	50,95 %	35,92 %
Debt-to-Equity Ratio	−1,39	1,26	3,13	8,14
Operating Profit Margin	−14,41 %	1,16 %	0,99 %	0,5 %
Current Ratio	0,76	1,08	0,85	0,83
Quick Ratio	0,76	1,08	0,85	0,83
Equity Ratio	−0,35	0,17	0,04	0,02
Gross Profit Margin	83,3 %	81,64 %	91,9 %	92,43 %