MEG ARENDAL AS

4885 GRIMSTAD

Finances

Share Ownership

Return on Equity

67,33 %

Current Ratio

0,15

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 877 000	2 260 000	10 190 000	1 191 000
Net Income	7 408 000	301 000	7 079 000	−1 994 000
Total Assets	21 601 000	22 435 000	22 268 000	29 270 000
Total Equity	11 002 000	3 593 000	3 292 000	−3 786 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 877 000	2 260 000	10 190 000	1 191 000
Expenditure	977 000	1 475 000	1 372 000	2 135 000
Operating Profit	9 900 000	784 000	8 818 000	−944 000
Financial Income	0	0	0	0
Financial Costs	378 000	398 000	839 000	1 050 000
Financial Balance	−378 000	−398 000	−839 000	−1 050 000
Earnings Before Tax	9 522 000	386 000	7 979 000	−1 994 000
Tax	2 114 000	85 000	901 000	0
Net Income	7 408 000	301 000	7 079 000	−1 994 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 327 000	20 721 000	20 423 000	29 021 000
Total Current Assets	275 000	1 714 000	1 845 000	249 000
Total Assets	21 601 000	22 435 000	22 268 000	29 270 000
Total Retained Equity	10 801 000	3 392 000	3 091 000	−3 987 000
Total Equity	11 002 000	3 593 000	3 292 000	−3 786 000
Total Long-Term Debt	8 787 000	15 549 000	15 940 000	30 934 000
Total Current Debt	1 813 000	3 293 000	3 036 000	2 122 000
Total Equity and Debt	21 601 000	22 435 000	22 268 000	29 270 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	209 000	2 144 000	0	1 000
Other Income	10 668 000	116 000	10 190 000	1 190 000
Revenue	10 877 000	2 260 000	10 190 000	1 191 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	119 000	312 000	325 000	579 000
Impairment	0	0	0	0
Expenditure	977 000	1 475 000	1 372 000	2 135 000
Operating Profit	9 900 000	784 000	8 818 000	−944 000
Financial Income	0	0	0	0
Financial Costs	378 000	398 000	839 000	1 050 000
Financial Balance	−378 000	−398 000	−839 000	−1 050 000
Dividends	0	0	0	0
Net Income	7 408 000	301 000	7 079 000	−1 994 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 977 000	15 427 000	15 739 000	29 008 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	13 000
Total Tangible Assets	5 977 000	15 427 000	15 739 000	29 021 000
Total Fiancial Fixed Assets	15 350 000	5 294 000	4 684 000	0
Total Fixed Assets	21 327 000	20 721 000	20 423 000	29 021 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	254 000	278 000	1 625 000	7 000
Total Current Assets	275 000	1 714 000	1 845 000	249 000
Total Assets	21 601 000	22 435 000	22 268 000	29 270 000
Total Equity	11 002 000	3 593 000	3 292 000	−3 786 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 787 000	15 549 000	15 940 000	30 934 000
Creditors	21 000	142 000	48 000	228 000
Unpaid Taxes	56 000	240 000	0	12 000
Dividends	0	0	0	0
Other Current Debt	1 736 000	2 911 000	2 987 000	1 883 000
Total Current Debt	1 813 000	3 293 000	3 036 000	2 122 000
Total Equity and Debt	21 601 000	22 435 000	22 268 000	29 270 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,33 %	8,38 %	215,04 %	52,67 %
Debt-to-Equity Ratio	0,8	4,33	4,84	−8,17
Operating Profit Margin	91,02 %	34,69 %	86,54 %	−79,26 %
Current Ratio	0,15	0,52	0,61	0,12
Quick Ratio	0,15	0,52	0,61	0,12
Equity Ratio	0,51	0,16	0,15	−0,13
Gross Profit Margin	100 %	100 %	100 %	100 %