MEYERSGATE 1 AS

8610 MO I RANA

Finances

Share Ownership

Return on Equity

39,85 %

Current Ratio

1,44

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	670 000	78 138 000	10 364 000	336 000
Net Income	104 000	6 670 000	891 000	22 000
Total Assets	1 243 000	23 807 000	30 828 000	16 416 000
Total Equity	261 000	157 000	287 000	−604 000

Income (NOK)	2022	2021	2020	2019
Revenue	670 000	78 138 000	10 364 000	336 000
Expenditure	504 000	69 096 000	9 229 000	173 000
Operating Profit	166 000	9 042 000	1 136 000	163 000
Financial Income	1 000	0	7 000	4 000
Financial Costs	33 000	491 000	0	139 000
Financial Balance	−32 000	−491 000	7 000	−135 000
Earnings Before Tax	134 000	8 551 000	1 142 000	28 000
Tax	31 000	1 881 000	251 000	6 000
Net Income	104 000	6 670 000	891 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	13 819 000
Total Current Assets	1 243 000	23 807 000	30 828 000	2 598 000
Total Assets	1 243 000	23 807 000	30 828 000	16 416 000
Total Retained Equity	228 000	124 000	254 000	−637 000
Total Equity	261 000	157 000	287 000	−604 000
Total Long-Term Debt	117 000	10 721 000	4 801 000	13 659 000
Total Current Debt	866 000	12 929 000	25 740 000	286 000
Total Equity and Debt	1 243 000	23 807 000	30 828 000	16 416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	670 000	78 138 000	10 272 000	0
Other Income	0	0	92 000	336 000
Revenue	670 000	78 138 000	10 364 000	336 000
Cost of Goods Sold	342 000	69 016 000	9 094 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	504 000	69 096 000	9 229 000	173 000
Operating Profit	166 000	9 042 000	1 136 000	163 000
Financial Income	1 000	0	7 000	4 000
Financial Costs	33 000	491 000	0	139 000
Financial Balance	−32 000	−491 000	7 000	−135 000
Dividends	0	6 800 000	0	0
Net Income	104 000	6 670 000	891 000	22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	181 000
Real Eastate	0	0	0	13 637 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	13 637 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	13 819 000
Stock	0	2 400 000	29 581 000	2 543 000
Total Investments	0	0	0	0
Cash, Bank	1 243 000	21 270 000	64 000	16 000
Total Current Assets	1 243 000	23 807 000	30 828 000	2 598 000
Total Assets	1 243 000	23 807 000	30 828 000	16 416 000
Total Equity	261 000	157 000	287 000	−604 000
Short-Term Group Debt	480 000	0	0	0
Total Long-Term Debt	117 000	10 721 000	4 801 000	13 659 000
Creditors	35 000	4 178 000	3 881 000	228 000
Unpaid Taxes	0	0	0	0
Dividends	0	6 800 000	0	0
Other Current Debt	320 000	0	15 000	58 000
Total Current Debt	866 000	12 929 000	25 740 000	286 000
Total Equity and Debt	1 243 000	23 807 000	30 828 000	16 416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,85 %	4 248,41 %	310,45 %	−3,64 %
Debt-to-Equity Ratio	0,45	68,29	16,73	−22,61
Operating Profit Margin	24,78 %	11,57 %	10,96 %	48,51 %
Current Ratio	1,44	1,84	1,2	9,08
Quick Ratio	1,44	2,26	−8,03	−1,15
Equity Ratio	0,21	0,01	0,01	−0,04
Gross Profit Margin	48,96 %	11,67 %	12,25 %	100 %