MERLIN CAPITAL AS

1394 NESBRU

Finances

Return on Equity

11,42 %

Current Ratio

34,64

Debt-to-Equity Ratio

4,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 541 000	10 391 000	5 843 000	105 000
Net Income	257 000	985 000	920 000	68 000
Total Assets	11 949 000	13 431 000	12 393 000	14 674 000
Total Equity	2 251 000	1 994 000	1 009 000	89 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 541 000	10 391 000	5 843 000	105 000
Expenditure	28 672 000	9 575 000	6 953 000	86 000
Operating Profit	−131 000	816 000	−1 110 000	19 000
Financial Income	718 000	487 000	2 030 000	49 000
Financial Costs	219 000	318 000	0	1 000
Financial Balance	499 000	169 000	2 030 000	48 000
Earnings Before Tax	369 000	985 000	920 000	68 000
Tax	111 000	0	0	0
Net Income	257 000	985 000	920 000	68 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000 000	10 728 000	628 000	5 628 000
Total Current Assets	3 949 000	2 703 000	11 765 000	9 046 000
Total Assets	11 949 000	13 431 000	12 393 000	14 674 000
Total Retained Equity	1 751 000	1 494 000	509 000	−411 000
Total Equity	2 251 000	1 994 000	1 009 000	89 000
Total Long-Term Debt	9 584 000	11 384 000	11 384 000	14 584 000
Total Current Debt	114 000	53 000	0	0
Total Equity and Debt	11 949 000	13 431 000	12 393 000	14 674 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 541 000	10 391 000	5 843 000	−139 000
Other Income	0	0	0	244 000
Revenue	28 541 000	10 391 000	5 843 000	105 000
Cost of Goods Sold	28 592 000	9 484 000	6 863 000	0
Salary Costs	0	0	0	−4 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	28 672 000	9 575 000	6 953 000	86 000
Operating Profit	−131 000	816 000	−1 110 000	19 000
Financial Income	718 000	487 000	2 030 000	49 000
Financial Costs	219 000	318 000	0	1 000
Financial Balance	499 000	169 000	2 030 000	48 000
Dividends	0	0	0	0
Net Income	257 000	985 000	920 000	68 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	8 000 000	10 728 000	628 000	5 628 000
Total Fixed Assets	8 000 000	10 728 000	628 000	5 628 000
Stock	0	0	0	0
Total Investments	3 657 000	2 295 000	11 424 000	5 165 000
Cash, Bank	293 000	244 000	341 000	3 016 000
Total Current Assets	3 949 000	2 703 000	11 765 000	9 046 000
Total Assets	11 949 000	13 431 000	12 393 000	14 674 000
Total Equity	2 251 000	1 994 000	1 009 000	89 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 584 000	11 384 000	11 384 000	14 584 000
Creditors	3 000	25 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	27 000	0	0
Total Current Debt	114 000	53 000	0	0
Total Equity and Debt	11 949 000	13 431 000	12 393 000	14 674 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,42 %	49,4 %	91,18 %	76,4 %
Debt-to-Equity Ratio	4,26	5,71	11,28	163,87
Operating Profit Margin	−0,46 %	7,85 %	−19 %	18,1 %
Current Ratio	34,64	51	-	-
Quick Ratio	34,64	51	-	-
Equity Ratio	0,19	0,15	0,08	0,01
Gross Profit Margin	−0,18 %	8,73 %	−17,46 %	100 %