MESTER NORD AS

9600 HAMMERFEST

Finances

Share Ownership

Return on Equity

8,74 %

Current Ratio

4,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 379 000	3 396 000	2 769 000	2 356 000
Net Income	260 000	269 000	329 000	286 000
Total Assets	3 840 000	3 849 000	3 399 000	2 487 000
Total Equity	2 976 000	2 717 000	2 448 000	2 119 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 379 000	3 396 000	2 769 000	2 356 000
Expenditure	3 034 000	3 044 000	2 348 000	1 992 000
Operating Profit	346 000	353 000	421 000	364 000
Financial Income	0	0	3 000	7 000
Financial Costs	0	1 000	3 000	5 000
Financial Balance	0	−1 000	0	2 000
Earnings Before Tax	346 000	352 000	422 000	366 000
Tax	86 000	83 000	93 000	81 000
Net Income	260 000	269 000	329 000	286 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	83 000	153 000	205 000
Total Current Assets	3 826 000	3 766 000	3 246 000	2 283 000
Total Assets	3 840 000	3 849 000	3 399 000	2 487 000
Total Retained Equity	2 946 000	2 687 000	2 418 000	2 089 000
Total Equity	2 976 000	2 717 000	2 448 000	2 119 000
Total Long-Term Debt	0	0	13 000	64 000
Total Current Debt	863 000	1 133 000	938 000	304 000
Total Equity and Debt	3 840 000	3 849 000	3 399 000	2 487 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 379 000	3 396 000	2 761 000	2 356 000
Other Income	0	0	9 000	0
Revenue	3 379 000	3 396 000	2 769 000	2 356 000
Cost of Goods Sold	34 000	21 000	13 000	26 000
Salary Costs	2 288 000	2 284 000	1 725 000	1 418 000
Depreciation	70 000	70 000	67 000	65 000
Impairment	0	0	0	0
Expenditure	3 034 000	3 044 000	2 348 000	1 992 000
Operating Profit	346 000	353 000	421 000	364 000
Financial Income	0	0	3 000	7 000
Financial Costs	0	1 000	3 000	5 000
Financial Balance	0	−1 000	0	2 000
Dividends	0	0	0	0
Net Income	260 000	269 000	329 000	286 000

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	13 000	83 000	153 000	205 000
Total Tangible Assets	13 000	83 000	153 000	205 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	83 000	153 000	205 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 591 000	3 622 000	2 997 000	2 036 000
Total Current Assets	3 826 000	3 766 000	3 246 000	2 283 000
Total Assets	3 840 000	3 849 000	3 399 000	2 487 000
Total Equity	2 976 000	2 717 000	2 448 000	2 119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	13 000	64 000
Creditors	49 000	24 000	4 000	22 000
Unpaid Taxes	309 000	251 000	204 000	96 000
Dividends	0	0	0	0
Other Current Debt	419 000	774 000	633 000	104 000
Total Current Debt	863 000	1 133 000	938 000	304 000
Total Equity and Debt	3 840 000	3 849 000	3 399 000	2 487 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,74 %	9,9 %	13,44 %	13,5 %
Debt-to-Equity Ratio	0	0	0,01	0,03
Operating Profit Margin	10,24 %	10,39 %	15,2 %	15,45 %
Current Ratio	4,43	3,32	3,46	7,51
Quick Ratio	4,43	3,32	3,46	7,51
Equity Ratio	0,78	0,71	0,72	0,85
Gross Profit Margin	98,99 %	99,38 %	99,53 %	98,9 %