MESTERHUS HORTEN-HOLMESTRAND-SANDE AS

3083 HOLMESTRAND

Finances

Share Ownership

Return on Equity

27,2 %

Current Ratio

15,18

Debt-to-Equity Ratio

6,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 723 000	10 064 000	5 290 000	3 893 000
Net Income	396 000	875 000	558 000	368 000
Total Assets	12 398 000	8 008 000	4 656 000	3 485 000
Total Equity	1 456 000	1 059 000	1 064 000	506 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 723 000	10 064 000	5 290 000	3 893 000
Expenditure	11 760 000	8 919 000	4 522 000	3 433 000
Operating Profit	962 000	1 145 000	769 000	459 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	567 000	273 000	57 000	10 000
Financial Balance	−566 000	−272 000	−56 000	−8 000
Earnings Before Tax	396 000	873 000	712 000	451 000
Tax	0	−2 000	154 000	83 000
Net Income	396 000	875 000	558 000	368 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	59 000	123 000	189 000	76 000
Total Current Assets	12 339 000	7 884 000	4 467 000	3 409 000
Total Assets	12 398 000	8 008 000	4 656 000	3 485 000
Total Retained Equity	706 000	309 000	814 000	256 000
Total Equity	1 456 000	1 059 000	1 064 000	506 000
Total Long-Term Debt	10 130 000	6 010 000	2 451 000	1 950 000
Total Current Debt	813 000	938 000	1 142 000	1 029 000
Total Equity and Debt	12 398 000	8 008 000	4 656 000	3 485 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 723 000	10 064 000	5 290 000	3 893 000
Other Income	0	0	0	0
Revenue	12 723 000	10 064 000	5 290 000	3 893 000
Cost of Goods Sold	6 350 000	4 788 000	1 090 000	809 000
Salary Costs	3 558 000	2 786 000	2 419 000	1 834 000
Depreciation	38 000	49 000	65 000	44 000
Impairment	0	0	0	0
Expenditure	11 760 000	8 919 000	4 522 000	3 433 000
Operating Profit	962 000	1 145 000	769 000	459 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	567 000	273 000	57 000	10 000
Financial Balance	−566 000	−272 000	−56 000	−8 000
Dividends	0	0	0	0
Net Income	396 000	875 000	558 000	368 000

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	59 000	97 000	146 000	73 000
Total Tangible Assets	59 000	97 000	146 000	73 000
Total Fiancial Fixed Assets	0	26 000	43 000	3 000
Total Fixed Assets	59 000	123 000	189 000	76 000
Stock	8 928 000	3 787 000	2 107 000	1 146 000
Total Investments	0	0	0	0
Cash, Bank	1 339 000	838 000	465 000	1 049 000
Total Current Assets	12 339 000	7 884 000	4 467 000	3 409 000
Total Assets	12 398 000	8 008 000	4 656 000	3 485 000
Total Equity	1 456 000	1 059 000	1 064 000	506 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 130 000	6 010 000	2 451 000	1 950 000
Creditors	28 000	170 000	320 000	533 000
Unpaid Taxes	425 000	415 000	404 000	143 000
Dividends	0	0	0	0
Other Current Debt	359 000	353 000	264 000	270 000
Total Current Debt	813 000	938 000	1 142 000	1 029 000
Total Equity and Debt	12 398 000	8 008 000	4 656 000	3 485 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,2 %	82,63 %	52,44 %	72,73 %
Debt-to-Equity Ratio	6,96	5,68	2,3	3,85
Operating Profit Margin	7,56 %	11,38 %	14,54 %	11,79 %
Current Ratio	15,18	8,41	3,91	3,31
Quick Ratio	−1,52	−2,77	−4,63	−29,14
Equity Ratio	0,12	0,13	0,23	0,15
Gross Profit Margin	50,09 %	52,42 %	79,4 %	79,22 %