MEKANISK AS

5039 BERGEN

Finances

Share Ownership

Return on Equity

−27,51 %

Current Ratio

3,07

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 994 000	5 683 000	3 898 000	1 935 000
Net Income	−208 000	304 000	673 000	294 000
Total Assets	1 360 000	1 661 000	1 222 000	416 000
Total Equity	756 000	964 000	659 000	286 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 994 000	5 683 000	3 898 000	1 935 000
Expenditure	3 231 000	5 287 000	3 051 000	1 561 000
Operating Profit	−236 000	396 000	848 000	374 000
Financial Income	6 000	17 000	14 000	0
Financial Costs	37 000	23 000	2 000	0
Financial Balance	−31 000	−6 000	12 000	0
Earnings Before Tax	−268 000	390 000	859 000	375 000
Tax	−60 000	86 000	186 000	81 000
Net Income	−208 000	304 000	673 000	294 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	466 000	485 000	15 000	0
Total Current Assets	894 000	1 176 000	1 206 000	416 000
Total Assets	1 360 000	1 661 000	1 222 000	416 000
Total Retained Equity	726 000	934 000	629 000	256 000
Total Equity	756 000	964 000	659 000	286 000
Total Long-Term Debt	313 000	433 000	0	0
Total Current Debt	291 000	264 000	563 000	130 000
Total Equity and Debt	1 360 000	1 661 000	1 222 000	416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 994 000	5 651 000	3 898 000	1 935 000
Other Income	0	32 000	0	0
Revenue	2 994 000	5 683 000	3 898 000	1 935 000
Cost of Goods Sold	2 046 000	4 145 000	2 567 000	1 381 000
Salary Costs	311 000	279 000	174 000	52 000
Depreciation	98 000	28 000	7 000	0
Impairment	0	0	0	0
Expenditure	3 231 000	5 287 000	3 051 000	1 561 000
Operating Profit	−236 000	396 000	848 000	374 000
Financial Income	6 000	17 000	14 000	0
Financial Costs	37 000	23 000	2 000	0
Financial Balance	−31 000	−6 000	12 000	0
Dividends	0	0	300 000	30 000
Net Income	−208 000	304 000	673 000	294 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	43 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	423 000	485 000	15 000	0
Total Tangible Assets	423 000	485 000	15 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	466 000	485 000	15 000	0
Stock	329 000	367 000	300 000	0
Total Investments	0	0	614 000	0
Cash, Bank	524 000	655 000	214 000	412 000
Total Current Assets	894 000	1 176 000	1 206 000	416 000
Total Assets	1 360 000	1 661 000	1 222 000	416 000
Total Equity	756 000	964 000	659 000	286 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	313 000	433 000	0	0
Creditors	166 000	31 000	0	0
Unpaid Taxes	85 000	129 000	48 000	7 000
Dividends	0	0	300 000	30 000
Other Current Debt	39 000	36 000	28 000	12 000
Total Current Debt	291 000	264 000	563 000	130 000
Total Equity and Debt	1 360 000	1 661 000	1 222 000	416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,51 %	31,54 %	102,12 %	102,8 %
Debt-to-Equity Ratio	0,41	0,45	0	0
Operating Profit Margin	−7,88 %	6,97 %	21,75 %	19,33 %
Current Ratio	3,07	4,45	2,14	3,2
Quick Ratio	−23,53	−11,42	4,59	3,2
Equity Ratio	0,56	0,58	0,54	0,69
Gross Profit Margin	31,66 %	27,06 %	34,15 %	28,63 %