MERSHINE AS

7058 CHARLOTTENLUND

Finances

Share Ownership

Return on Equity

8,24 %

Current Ratio

−0,34

Debt-to-Equity Ratio

−0,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000	337 000	1 639 000	2 438 000
Net Income	−50 000	−777 000	114 000	514 000
Total Assets	−36 000	115 000	3 409 000	3 285 000
Total Equity	−607 000	−557 000	1 220 000	1 106 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000	337 000	1 639 000	2 438 000
Expenditure	54 000	1 047 000	1 454 000	1 857 000
Operating Profit	−50 000	−709 000	186 000	581 000
Financial Income	0	0	0	0
Financial Costs	1 000	−35 000	44 000	67 000
Financial Balance	−1 000	35 000	−44 000	−67 000
Earnings Before Tax	−50 000	−675 000	142 000	514 000
Tax	0	102 000	28 000	0
Net Income	−50 000	−777 000	114 000	514 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	1 000	2 425 000	2 425 000
Total Current Assets	−36 000	114 000	984 000	861 000
Total Assets	−36 000	115 000	3 409 000	3 285 000
Total Retained Equity	−1 707 000	−1 657 000	120 000	6 000
Total Equity	−607 000	−557 000	1 220 000	1 106 000
Total Long-Term Debt	465 000	393 000	1 853 000	1 853 000
Total Current Debt	106 000	278 000	336 000	327 000
Total Equity and Debt	−36 000	115 000	3 409 000	3 285 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 000	337 000	1 218 000	1 227 000
Other Income	−4 000	0	421 000	1 211 000
Revenue	4 000	337 000	1 639 000	2 438 000
Cost of Goods Sold	4 000	0	14 000	278 000
Salary Costs	0	−25 000	1 170 000	1 182 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	54 000	1 047 000	1 454 000	1 857 000
Operating Profit	−50 000	−709 000	186 000	581 000
Financial Income	0	0	0	0
Financial Costs	1 000	−35 000	44 000	67 000
Financial Balance	−1 000	35 000	−44 000	−67 000
Dividends	0	0	0	0
Net Income	−50 000	−777 000	114 000	514 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 425 000	2 425 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	1 000	0	0
Total Fixed Assets	0	1 000	2 425 000	2 425 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−36 000	32 000	889 000	660 000
Total Current Assets	−36 000	114 000	984 000	861 000
Total Assets	−36 000	115 000	3 409 000	3 285 000
Total Equity	−607 000	−557 000	1 220 000	1 106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	465 000	393 000	1 853 000	1 853 000
Creditors	3 000	7 000	7 000	32 000
Unpaid Taxes	0	79 000	173 000	86 000
Dividends	0	0	0	0
Other Current Debt	0	90 000	127 000	209 000
Total Current Debt	106 000	278 000	336 000	327 000
Total Equity and Debt	−36 000	115 000	3 409 000	3 285 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,24 %	139,5 %	9,34 %	46,47 %
Debt-to-Equity Ratio	−0,77	−0,71	1,52	1,68
Operating Profit Margin	−1 250 %	−210,39 %	11,35 %	23,83 %
Current Ratio	−0,34	0,41	2,93	2,63
Quick Ratio	−0,34	0,41	2,93	2,63
Equity Ratio	16,86	−4,84	0,36	0,34
Gross Profit Margin	0 %	100 %	99,15 %	88,6 %