MESTERMAL AS

4707 VENNESLA

Finances

Share Ownership

Return on Equity

155,59 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	49 139 000	44 749 000	29 747 000	28 231 000
Net Income	4 632 000	3 397 000	2 159 000	1 302 000
Total Assets	19 306 000	14 003 000	9 154 000	8 693 000
Total Equity	2 977 000	2 977 000	2 172 000	2 071 000

Income (NOK)	2022	2021	2020	2019
Revenue	49 139 000	44 749 000	29 747 000	28 231 000
Expenditure	43 197 000	40 300 000	26 920 000	26 499 000
Operating Profit	5 942 000	4 449 000	2 827 000	1 731 000
Financial Income	11 000	0	1 000	1 000
Financial Costs	26 000	65 000	45 000	36 000
Financial Balance	−15 000	−65 000	−44 000	−35 000
Earnings Before Tax	5 927 000	4 385 000	2 783 000	1 697 000
Tax	1 296 000	988 000	624 000	395 000
Net Income	4 632 000	3 397 000	2 159 000	1 302 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	348 000	287 000	23 000	129 000
Total Current Assets	18 957 000	13 716 000	9 131 000	8 564 000
Total Assets	19 306 000	14 003 000	9 154 000	8 693 000
Total Retained Equity	2 877 000	2 877 000	2 072 000	1 971 000
Total Equity	2 977 000	2 977 000	2 172 000	2 071 000
Total Long-Term Debt	67 000	117 000	7 000	0
Total Current Debt	16 262 000	10 908 000	6 975 000	6 622 000
Total Equity and Debt	19 306 000	14 003 000	9 154 000	8 693 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	49 263 000	44 749 000	29 747 000	28 231 000
Other Income	−124 000	0	0	0
Revenue	49 139 000	44 749 000	29 747 000	28 231 000
Cost of Goods Sold	25 395 000	24 297 000	16 997 000	15 580 000
Salary Costs	14 148 000	12 078 000	7 063 000	7 681 000
Depreciation	110 000	127 000	16 000	54 000
Impairment	0	0	0	0
Expenditure	43 197 000	40 300 000	26 920 000	26 499 000
Operating Profit	5 942 000	4 449 000	2 827 000	1 731 000
Financial Income	11 000	0	1 000	1 000
Financial Costs	26 000	65 000	45 000	36 000
Financial Balance	−15 000	−65 000	−44 000	−35 000
Dividends	4 632 000	0	0	0
Net Income	4 632 000	3 397 000	2 159 000	1 302 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	22 000	20 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	327 000	267 000	23 000	129 000
Total Tangible Assets	327 000	267 000	23 000	129 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	348 000	287 000	23 000	129 000
Stock	735 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 370 000	2 629 000	2 766 000	367 000
Total Current Assets	18 957 000	13 716 000	9 131 000	8 564 000
Total Assets	19 306 000	14 003 000	9 154 000	8 693 000
Total Equity	2 977 000	2 977 000	2 172 000	2 071 000
Short-Term Group Debt	0	4 994 000	2 952 000	1 818 000
Total Long-Term Debt	67 000	117 000	7 000	0
Creditors	5 824 000	2 182 000	1 864 000	1 834 000
Unpaid Taxes	1 822 000	2 267 000	1 356 000	904 000
Dividends	4 632 000	0	0	0
Other Current Debt	2 678 000	1 466 000	767 000	1 985 000
Total Current Debt	16 262 000	10 908 000	6 975 000	6 622 000
Total Equity and Debt	19 306 000	14 003 000	9 154 000	8 693 000

Financial indicators	2022	2021	2020	2019
Return on Equity	155,59 %	114,11 %	99,4 %	62,87 %
Debt-to-Equity Ratio	0,02	0,04	0	0
Operating Profit Margin	12,09 %	9,94 %	9,5 %	6,13 %
Current Ratio	1,17	1,26	1,31	1,29
Quick Ratio	1,22	1,26	1,31	1,29
Equity Ratio	0,15	0,21	0,24	0,24
Gross Profit Margin	48,32 %	45,7 %	42,86 %	44,81 %