MEK AS

6363 MITTET

Finances

Return on Equity

1,59 %

Current Ratio

6,12

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 415 000	2 138 000	2 123 000	2 302 000
Net Income	577 000	645 000	709 000	843 000
Total Assets	55 928 000	56 024 000	53 071 000	53 005 000
Total Equity	36 215 000	35 638 000	34 994 000	34 285 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 415 000	2 138 000	2 123 000	2 302 000
Expenditure	2 354 000	1 607 000	1 581 000	1 712 000
Operating Profit	62 000	531 000	542 000	590 000
Financial Income	845 000	415 000	471 000	665 000
Financial Costs	167 000	105 000	104 000	174 000
Financial Balance	678 000	310 000	367 000	491 000
Earnings Before Tax	739 000	841 000	909 000	1 081 000
Tax	163 000	196 000	200 000	238 000
Net Income	577 000	645 000	709 000	843 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 924 000	51 899 000	50 748 000	51 133 000
Total Current Assets	4 004 000	4 126 000	2 322 000	1 871 000
Total Assets	55 928 000	56 024 000	53 071 000	53 005 000
Total Retained Equity	35 945 000	35 368 000	34 723 000	34 014 000
Total Equity	36 215 000	35 638 000	34 994 000	34 285 000
Total Long-Term Debt	19 059 000	19 961 000	17 627 000	18 095 000
Total Current Debt	654 000	424 000	450 000	625 000
Total Equity and Debt	55 928 000	56 024 000	53 071 000	53 005 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 286 000	2 138 000	1 951 000	2 173 000
Other Income	129 000	0	172 000	129 000
Revenue	2 415 000	2 138 000	2 123 000	2 302 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 292 000	759 000	758 000	858 000
Depreciation	265 000	223 000	237 000	211 000
Impairment	0	0	0	0
Expenditure	2 354 000	1 607 000	1 581 000	1 712 000
Operating Profit	62 000	531 000	542 000	590 000
Financial Income	845 000	415 000	471 000	665 000
Financial Costs	167 000	105 000	104 000	174 000
Financial Balance	678 000	310 000	367 000	491 000
Dividends	0	0	0	0
Net Income	577 000	645 000	709 000	843 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	102 000	204 000	305 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	570 000	607 000	699 000	789 000
Total Tangible Assets	570 000	709 000	903 000	1 094 000
Total Fiancial Fixed Assets	51 355 000	51 190 000	49 846 000	50 039 000
Total Fixed Assets	51 924 000	51 899 000	50 748 000	51 133 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 613 000	3 688 000	1 930 000	1 491 000
Total Current Assets	4 004 000	4 126 000	2 322 000	1 871 000
Total Assets	55 928 000	56 024 000	53 071 000	53 005 000
Total Equity	36 215 000	35 638 000	34 994 000	34 285 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 059 000	19 961 000	17 627 000	18 095 000
Creditors	22 000	24 000	8 000	15 000
Unpaid Taxes	377 000	149 000	128 000	102 000
Dividends	0	0	0	0
Other Current Debt	85 000	57 000	120 000	287 000
Total Current Debt	654 000	424 000	450 000	625 000
Total Equity and Debt	55 928 000	56 024 000	53 071 000	53 005 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,59 %	1,81 %	2,03 %	2,46 %
Debt-to-Equity Ratio	0,53	0,56	0,5	0,53
Operating Profit Margin	2,57 %	24,84 %	25,53 %	25,63 %
Current Ratio	6,12	9,73	5,16	2,99
Quick Ratio	6,12	9,73	5,16	2,99
Equity Ratio	0,65	0,64	0,66	0,65
Gross Profit Margin	100 %	100 %	100 %	100 %