MESTERGULL MELHUS AS

4280 SKUDENESHAVN

Finances

Share Ownership

Return on Equity

14,64 %

Current Ratio

3,21

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 672 000	10 069 000	9 385 000	8 712 000
Net Income	822 000	1 062 000	1 269 000	664 000
Total Assets	9 495 000	8 689 000	7 682 000	6 646 000
Total Equity	5 616 000	4 794 000	3 732 000	2 463 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 672 000	10 069 000	9 385 000	8 712 000
Expenditure	9 546 000	8 619 000	7 656 000	7 743 000
Operating Profit	1 127 000	1 450 000	1 731 000	969 000
Financial Income	7 000	1 000	1 000	0
Financial Costs	80 000	90 000	104 000	117 000
Financial Balance	−73 000	−89 000	−103 000	−117 000
Earnings Before Tax	1 053 000	1 361 000	1 627 000	852 000
Tax	232 000	299 000	358 000	188 000
Net Income	822 000	1 062 000	1 269 000	664 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	490 000	674 000	891 000	1 124 000
Total Current Assets	9 006 000	8 015 000	6 791 000	5 522 000
Total Assets	9 495 000	8 689 000	7 682 000	6 646 000
Total Retained Equity	4 616 000	3 794 000	2 732 000	1 463 000
Total Equity	5 616 000	4 794 000	3 732 000	2 463 000
Total Long-Term Debt	1 076 000	1 287 000	1 497 000	1 683 000
Total Current Debt	2 804 000	2 607 000	2 453 000	2 500 000
Total Equity and Debt	9 495 000	8 689 000	7 682 000	6 646 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 634 000	9 986 000	9 043 000	8 712 000
Other Income	38 000	83 000	342 000	0
Revenue	10 672 000	10 069 000	9 385 000	8 712 000
Cost of Goods Sold	4 796 000	4 404 000	3 887 000	3 863 000
Salary Costs	2 550 000	2 206 000	1 948 000	2 158 000
Depreciation	184 000	217 000	234 000	234 000
Impairment	0	0	0	0
Expenditure	9 546 000	8 619 000	7 656 000	7 743 000
Operating Profit	1 127 000	1 450 000	1 731 000	969 000
Financial Income	7 000	1 000	1 000	0
Financial Costs	80 000	90 000	104 000	117 000
Financial Balance	−73 000	−89 000	−103 000	−117 000
Dividends	0	0	0	0
Net Income	822 000	1 062 000	1 269 000	664 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	33 000	83 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	490 000	674 000	857 000	1 041 000
Total Tangible Assets	490 000	674 000	857 000	1 041 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	490 000	674 000	891 000	1 124 000
Stock	6 210 000	5 197 000	4 953 000	4 313 000
Total Investments	0	0	0	0
Cash, Bank	2 742 000	2 778 000	1 770 000	1 157 000
Total Current Assets	9 006 000	8 015 000	6 791 000	5 522 000
Total Assets	9 495 000	8 689 000	7 682 000	6 646 000
Total Equity	5 616 000	4 794 000	3 732 000	2 463 000
Short-Term Group Debt	1 080 000	1 064 000	1 042 000	995 000
Total Long-Term Debt	1 076 000	1 287 000	1 497 000	1 683 000
Creditors	325 000	168 000	164 000	311 000
Unpaid Taxes	596 000	599 000	545 000	596 000
Dividends	0	0	0	0
Other Current Debt	560 000	456 000	336 000	411 000
Total Current Debt	2 804 000	2 607 000	2 453 000	2 500 000
Total Equity and Debt	9 495 000	8 689 000	7 682 000	6 646 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,64 %	22,15 %	34 %	26,96 %
Debt-to-Equity Ratio	0,19	0,27	0,4	0,68
Operating Profit Margin	10,56 %	14,4 %	18,44 %	11,12 %
Current Ratio	3,21	3,07	2,77	2,21
Quick Ratio	−2,64	−3,09	−2,72	−3,05
Equity Ratio	0,59	0,55	0,49	0,37
Gross Profit Margin	55,06 %	56,26 %	58,58 %	55,66 %