MENARMO AS

7503 STJØRDAL

Finances

Return on Equity

34,93 %

Current Ratio

1,36

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	572 650 000	504 133 000	372 558 000	281 956 000
Net Income	19 152 000	18 603 000	11 277 000	842 000
Total Assets	237 082 000	141 461 000	117 226 000	105 645 000
Total Equity	54 823 000	35 671 000	17 126 000	8 496 000

Income (NOK)	2022	2021	2020	2019
Revenue	572 650 000	504 133 000	372 558 000	281 956 000
Expenditure	545 557 000	479 493 000	355 779 000	278 061 000
Operating Profit	27 093 000	24 640 000	16 780 000	3 895 000
Financial Income	288 000	194 000	243 000	2 307 000
Financial Costs	2 817 000	976 000	2 551 000	5 070 000
Financial Balance	−2 529 000	−782 000	−2 308 000	−2 763 000
Earnings Before Tax	24 564 000	23 858 000	14 472 000	1 132 000
Tax	5 412 000	5 255 000	3 195 000	290 000
Net Income	19 152 000	18 603 000	11 277 000	842 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 598 000	17 452 000	18 135 000	19 963 000
Total Current Assets	218 485 000	124 009 000	99 092 000	85 682 000
Total Assets	237 082 000	141 461 000	117 226 000	105 645 000
Total Retained Equity	54 688 000	35 536 000	16 991 000	8 361 000
Total Equity	54 823 000	35 671 000	17 126 000	8 496 000
Total Long-Term Debt	21 664 000	26 387 000	28 754 000	30 453 000
Total Current Debt	160 595 000	79 403 000	71 346 000	66 696 000
Total Equity and Debt	237 082 000	141 461 000	117 226 000	105 645 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	569 828 000	501 113 000	370 469 000	280 686 000
Other Income	2 822 000	3 020 000	2 089 000	1 270 000
Revenue	572 650 000	504 133 000	372 558 000	281 956 000
Cost of Goods Sold	478 499 000	416 750 000	301 929 000	226 416 000
Salary Costs	36 207 000	33 694 000	28 871 000	25 376 000
Depreciation	4 472 000	4 110 000	3 997 000	3 918 000
Impairment	0	0	0	0
Expenditure	545 557 000	479 493 000	355 779 000	278 061 000
Operating Profit	27 093 000	24 640 000	16 780 000	3 895 000
Financial Income	288 000	194 000	243 000	2 307 000
Financial Costs	2 817 000	976 000	2 551 000	5 070 000
Financial Balance	−2 529 000	−782 000	−2 308 000	−2 763 000
Dividends	0	0	0	0
Net Income	19 152 000	18 603 000	11 277 000	842 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	8 640 000	10 560 000	12 480 000	14 400 000
Total Intangible Assets	10 400 000	11 926 000	13 143 000	14 846 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	3 172 000	2 079 000	2 575 000	3 493 000
Fixtures	4 868 000	3 288 000	2 258 000	1 465 000
Total Tangible Assets	8 040 000	5 367 000	4 832 000	4 958 000
Total Fiancial Fixed Assets	159 000	159 000	159 000	159 000
Total Fixed Assets	18 598 000	17 452 000	18 135 000	19 963 000
Stock	125 926 000	85 896 000	70 711 000	63 438 000
Total Investments	0	0	0	0
Cash, Bank	18 730 000	4 830 000	8 403 000	1 470 000
Total Current Assets	218 485 000	124 009 000	99 092 000	85 682 000
Total Assets	237 082 000	141 461 000	117 226 000	105 645 000
Total Equity	54 823 000	35 671 000	17 126 000	8 496 000
Short-Term Group Debt	6 821 000	6 545 000	6 470 000	3 077 000
Total Long-Term Debt	21 664 000	26 387 000	28 754 000	30 453 000
Creditors	65 917 000	42 207 000	41 708 000	43 447 000
Unpaid Taxes	11 895 000	11 684 000	8 467 000	7 038 000
Dividends	0	0	0	0
Other Current Debt	70 157 000	13 019 000	12 027 000	9 160 000
Total Current Debt	160 595 000	79 403 000	71 346 000	66 696 000
Total Equity and Debt	237 082 000	141 461 000	117 226 000	105 645 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,93 %	52,15 %	65,85 %	9,91 %
Debt-to-Equity Ratio	0,4	0,74	1,68	3,58
Operating Profit Margin	4,73 %	4,89 %	4,5 %	1,38 %
Current Ratio	1,36	1,56	1,39	1,28
Quick Ratio	6,3	−19,1	156,05	26,3
Equity Ratio	0,23	0,25	0,15	0,08
Gross Profit Margin	16,44 %	17,33 %	18,96 %	19,7 %