MENTELLOW AS

1617 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

11,58 %

Current Ratio

3,81

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 008 000	47 675 000	39 458 000	28 311 000
Net Income	813 000	3 123 000	2 314 000	100 000
Total Assets	10 997 000	11 914 000	12 913 000	14 870 000
Total Equity	7 019 000	6 206 000	3 082 000	768 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 008 000	47 675 000	39 458 000	28 311 000
Expenditure	43 021 000	42 679 000	35 743 000	27 536 000
Operating Profit	1 986 000	4 996 000	3 713 000	775 000
Financial Income	292 000	430 000	578 000	329 000
Financial Costs	784 000	951 000	884 000	542 000
Financial Balance	−492 000	−521 000	−306 000	−213 000
Earnings Before Tax	1 495 000	4 475 000	3 407 000	562 000
Tax	682 000	1 352 000	1 093 000	462 000
Net Income	813 000	3 123 000	2 314 000	100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 660 000	3 248 000	4 846 000	6 383 000
Total Current Assets	9 336 000	8 665 000	8 067 000	8 488 000
Total Assets	10 997 000	11 914 000	12 913 000	14 870 000
Total Retained Equity	6 931 000	6 118 000	2 994 000	680 000
Total Equity	7 019 000	6 206 000	3 082 000	768 000
Total Long-Term Debt	1 525 000	1 535 000	5 592 000	7 874 000
Total Current Debt	2 453 000	4 173 000	4 238 000	6 228 000
Total Equity and Debt	10 997 000	11 914 000	12 913 000	14 870 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 588 000	47 256 000	39 458 000	28 311 000
Other Income	420 000	419 000	0	0
Revenue	45 008 000	47 675 000	39 458 000	28 311 000
Cost of Goods Sold	26 712 000	29 770 000	27 963 000	19 656 000
Salary Costs	6 134 000	5 303 000	3 732 000	2 772 000
Depreciation	1 565 000	1 575 000	1 586 000	1 585 000
Impairment	0	0	0	0
Expenditure	43 021 000	42 679 000	35 743 000	27 536 000
Operating Profit	1 986 000	4 996 000	3 713 000	775 000
Financial Income	292 000	430 000	578 000	329 000
Financial Costs	784 000	951 000	884 000	542 000
Financial Balance	−492 000	−521 000	−306 000	−213 000
Dividends	0	0	0	0
Net Income	813 000	3 123 000	2 314 000	100 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 560 000	3 120 000	4 680 000	6 240 000
Total Intangible Assets	1 560 000	3 120 000	4 680 000	6 240 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	25 000	40 000	66 000
Total Tangible Assets	20 000	25 000	40 000	66 000
Total Fiancial Fixed Assets	81 000	103 000	126 000	77 000
Total Fixed Assets	1 660 000	3 248 000	4 846 000	6 383 000
Stock	5 620 000	4 492 000	5 302 000	3 280 000
Total Investments	0	0	0	0
Cash, Bank	2 881 000	3 234 000	218 000	3 255 000
Total Current Assets	9 336 000	8 665 000	8 067 000	8 488 000
Total Assets	10 997 000	11 914 000	12 913 000	14 870 000
Total Equity	7 019 000	6 206 000	3 082 000	768 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 525 000	1 535 000	5 592 000	7 874 000
Creditors	416 000	907 000	2 243 000	1 507 000
Unpaid Taxes	784 000	1 226 000	506 000	225 000
Dividends	0	0	0	0
Other Current Debt	572 000	688 000	381 000	4 044 000
Total Current Debt	2 453 000	4 173 000	4 238 000	6 228 000
Total Equity and Debt	10 997 000	11 914 000	12 913 000	14 870 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,58 %	50,32 %	75,08 %	13,02 %
Debt-to-Equity Ratio	0,22	0,25	1,81	10,25
Operating Profit Margin	4,41 %	10,48 %	9,41 %	2,74 %
Current Ratio	3,81	2,08	1,9	1,36
Quick Ratio	−2,95	−27,16	−7,58	2,88
Equity Ratio	0,64	0,52	0,24	0,05
Gross Profit Margin	40,65 %	37,56 %	29,13 %	30,57 %