MER INVEST AS

6570 SMØLA

Finances

Share Ownership

Return on Equity

17,8 %

Current Ratio

0,82

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	436 000	317 000	539 000	401 000
Net Income	227 000	161 000	318 000	182 000
Total Assets	1 946 000	2 477 000	2 032 000	2 165 000
Total Equity	1 275 000	1 049 000	888 000	570 000

Income (NOK)	2022	2021	2020	2019
Revenue	436 000	317 000	539 000	401 000
Expenditure	115 000	75 000	91 000	126 000
Operating Profit	321 000	242 000	448 000	274 000
Financial Income	0	0	0	0
Financial Costs	30 000	36 000	40 000	41 000
Financial Balance	−30 000	−36 000	−40 000	−41 000
Earnings Before Tax	291 000	206 000	408 000	233 000
Tax	64 000	45 000	90 000	51 000
Net Income	227 000	161 000	318 000	182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 431 000	1 407 000	1 333 000	1 364 000
Total Current Assets	515 000	1 070 000	699 000	800 000
Total Assets	1 946 000	2 477 000	2 032 000	2 165 000
Total Retained Equity	1 245 000	1 019 000	858 000	540 000
Total Equity	1 275 000	1 049 000	888 000	570 000
Total Long-Term Debt	44 000	912 000	963 000	1 005 000
Total Current Debt	626 000	517 000	182 000	589 000
Total Equity and Debt	1 946 000	2 477 000	2 032 000	2 165 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	237 000	174 000	514 000	401 000
Other Income	198 000	143 000	25 000	0
Revenue	436 000	317 000	539 000	401 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	31 000	31 000	31 000	34 000
Impairment	0	0	0	0
Expenditure	115 000	75 000	91 000	126 000
Operating Profit	321 000	242 000	448 000	274 000
Financial Income	0	0	0	0
Financial Costs	30 000	36 000	40 000	41 000
Financial Balance	−30 000	−36 000	−40 000	−41 000
Dividends	0	0	0	0
Net Income	227 000	161 000	318 000	182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 431 000	1 407 000	1 333 000	1 364 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 431 000	1 407 000	1 333 000	1 364 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 431 000	1 407 000	1 333 000	1 364 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	499 000	1 035 000	1 016 000	799 000
Total Current Assets	515 000	1 070 000	699 000	800 000
Total Assets	1 946 000	2 477 000	2 032 000	2 165 000
Total Equity	1 275 000	1 049 000	888 000	570 000
Short-Term Group Debt	470 000	455 000	455 000	455 000
Total Long-Term Debt	44 000	912 000	963 000	1 005 000
Creditors	4 000	20 000	1 000	6 000
Unpaid Taxes	91 000	0	201 000	80 000
Dividends	0	0	0	0
Other Current Debt	0	0	−556 000	1 000
Total Current Debt	626 000	517 000	182 000	589 000
Total Equity and Debt	1 946 000	2 477 000	2 032 000	2 165 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,8 %	15,35 %	35,81 %	31,93 %
Debt-to-Equity Ratio	0,03	0,87	1,08	1,76
Operating Profit Margin	73,62 %	76,34 %	83,12 %	68,33 %
Current Ratio	0,82	2,07	3,84	1,36
Quick Ratio	0,82	2,07	3,84	1,36
Equity Ratio	0,66	0,42	0,44	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %