MEYER-MØRCH AS

1339 VØYENENGA

Finances

Share Ownership

Return on Equity

56,28 %

Current Ratio

1,88

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 366 000	28 561 000	29 967 000	21 646 000
Net Income	5 568 000	1 737 000	2 442 000	1 399 000
Total Assets	20 785 000	12 440 000	12 680 000	11 705 000
Total Equity	9 893 000	9 525 000	7 788 000	7 345 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 366 000	28 561 000	29 967 000	21 646 000
Expenditure	37 220 000	26 328 000	26 857 000	19 867 000
Operating Profit	7 146 000	2 234 000	3 109 000	1 779 000
Financial Income	30 000	9 000	20 000	38 000
Financial Costs	25 000	15 000	17 000	13 000
Financial Balance	5 000	−6 000	3 000	25 000
Earnings Before Tax	7 151 000	2 227 000	3 112 000	1 804 000
Tax	1 583 000	490 000	670 000	404 000
Net Income	5 568 000	1 737 000	2 442 000	1 399 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	556 000	3 250 000	3 417 000	3 281 000
Total Current Assets	20 229 000	9 190 000	9 263 000	8 424 000
Total Assets	20 785 000	12 440 000	12 680 000	11 705 000
Total Retained Equity	9 793 000	9 425 000	7 688 000	7 245 000
Total Equity	9 893 000	9 525 000	7 788 000	7 345 000
Total Long-Term Debt	136 000	268 000	287 000	178 000
Total Current Debt	10 756 000	2 647 000	4 606 000	4 181 000
Total Equity and Debt	20 785 000	12 440 000	12 680 000	11 705 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 366 000	28 556 000	29 676 000	21 552 000
Other Income	0	5 000	291 000	94 000
Revenue	44 366 000	28 561 000	29 967 000	21 646 000
Cost of Goods Sold	27 526 000	18 722 000	19 331 000	13 680 000
Salary Costs	6 124 000	5 504 000	5 169 000	4 185 000
Depreciation	318 000	312 000	328 000	309 000
Impairment	0	0	0	0
Expenditure	37 220 000	26 328 000	26 857 000	19 867 000
Operating Profit	7 146 000	2 234 000	3 109 000	1 779 000
Financial Income	30 000	9 000	20 000	38 000
Financial Costs	25 000	15 000	17 000	13 000
Financial Balance	5 000	−6 000	3 000	25 000
Dividends	5 200 000	0	2 000 000	1 250 000
Net Income	5 568 000	1 737 000	2 442 000	1 399 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	0	0	0
Real Eastate	0	2 509 000	2 477 000	2 465 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	525 000	741 000	940 000	816 000
Total Tangible Assets	525 000	3 250 000	3 417 000	3 281 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	556 000	3 250 000	3 417 000	3 281 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 612 000	7 956 000	7 724 000	5 426 000
Total Current Assets	20 229 000	9 190 000	9 263 000	8 424 000
Total Assets	20 785 000	12 440 000	12 680 000	11 705 000
Total Equity	9 893 000	9 525 000	7 788 000	7 345 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	136 000	268 000	287 000	178 000
Creditors	3 004 000	911 000	119 000	1 051 000
Unpaid Taxes	379 000	798 000	497 000	409 000
Dividends	5 200 000	0	2 000 000	1 250 000
Other Current Debt	474 000	474 000	1 340 000	1 078 000
Total Current Debt	10 756 000	2 647 000	4 606 000	4 181 000
Total Equity and Debt	20 785 000	12 440 000	12 680 000	11 705 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,28 %	18,24 %	31,36 %	19,05 %
Debt-to-Equity Ratio	0,01	0,03	0,04	0,02
Operating Profit Margin	16,11 %	7,82 %	10,37 %	8,22 %
Current Ratio	1,88	3,47	2,01	2,01
Quick Ratio	1,88	3,47	2,01	2,01
Equity Ratio	0,48	0,77	0,61	0,63
Gross Profit Margin	37,96 %	34,45 %	35,49 %	36,8 %