MÆRE SAG AS

7710 SPARBU

Finances

Share Ownership

Return on Equity

53,88 %

Current Ratio

8,74

Debt-to-Equity Ratio

1,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 029 000	537 000	354 000	323 000
Net Income	486 000	176 000	3 000	94 000
Total Assets	2 125 000	1 956 000	1 525 000	1 507 000
Total Equity	902 000	416 000	240 000	238 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 029 000	537 000	354 000	323 000
Expenditure	399 000	303 000	350 000	203 000
Operating Profit	623 000	225 000	3 000	120 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	623 000	225 000	3 000	120 000
Tax	137 000	50 000	1 000	26 000
Net Income	486 000	176 000	3 000	94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 110 000	1 086 000	1 055 000	1 084 000
Total Current Assets	1 014 000	870 000	470 000	423 000
Total Assets	2 125 000	1 956 000	1 525 000	1 507 000
Total Retained Equity	802 000	316 000	140 000	138 000
Total Equity	902 000	416 000	240 000	238 000
Total Long-Term Debt	1 107 000	1 177 000	1 202 000	1 201 000
Total Current Debt	116 000	364 000	83 000	67 000
Total Equity and Debt	2 125 000	1 956 000	1 525 000	1 507 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 029 000	537 000	354 000	323 000
Other Income	0	0	0	0
Revenue	1 029 000	537 000	354 000	323 000
Cost of Goods Sold	187 000	109 000	166 000	31 000
Salary Costs	9 000	10 000	1 000	0
Depreciation	76 000	68 000	61 000	58 000
Impairment	0	0	0	0
Expenditure	399 000	303 000	350 000	203 000
Operating Profit	623 000	225 000	3 000	120 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	486 000	176 000	3 000	94 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	235 000	151 000	60 000	30 000
Machinery and Plant Facilities	875 000	935 000	995 000	1 054 000
Fixtures	0	0	0	0
Total Tangible Assets	1 110 000	1 086 000	1 055 000	1 084 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 110 000	1 086 000	1 055 000	1 084 000
Stock	10 000	17 000	26 000	0
Total Investments	0	0	0	0
Cash, Bank	958 000	800 000	384 000	298 000
Total Current Assets	1 014 000	870 000	470 000	423 000
Total Assets	2 125 000	1 956 000	1 525 000	1 507 000
Total Equity	902 000	416 000	240 000	238 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 107 000	1 177 000	1 202 000	1 201 000
Creditors	7 000	12 000	79 000	15 000
Unpaid Taxes	0	51 000	0	52 000
Dividends	0	0	0	0
Other Current Debt	2 000	300 000	3 000	0
Total Current Debt	116 000	364 000	83 000	67 000
Total Equity and Debt	2 125 000	1 956 000	1 525 000	1 507 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,88 %	42,31 %	1,25 %	39,5 %
Debt-to-Equity Ratio	1,23	2,83	5,01	5,05
Operating Profit Margin	60,54 %	41,9 %	0,85 %	37,15 %
Current Ratio	8,74	2,39	5,66	6,31
Quick Ratio	9,57	2,51	8,25	6,31
Equity Ratio	0,42	0,21	0,16	0,16
Gross Profit Margin	81,83 %	79,7 %	53,11 %	90,4 %