MESTO UTVIKLING AS

3713 SKIEN

Finances

Share Ownership

Return on Equity

−28,46 %

Current Ratio

4,85

Debt-to-Equity Ratio

5,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	4 970 000	10 579 000
Net Income	−105 000	−109 000	47 000	39 000
Total Assets	3 176 000	3 334 000	3 438 000	9 064 000
Total Equity	369 000	475 000	475 000	428 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	4 970 000	10 579 000
Expenditure	43 000	62 000	4 619 000	10 272 000
Operating Profit	−43 000	−62 000	351 000	307 000
Financial Income	0	0	1 000	14 000
Financial Costs	92 000	77 000	293 000	271 000
Financial Balance	−92 000	−77 000	−292 000	−257 000
Earnings Before Tax	−135 000	−139 000	60 000	50 000
Tax	−30 000	−31 000	13 000	11 000
Net Income	−105 000	−109 000	47 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	0	0	0
Total Current Assets	3 146 000	3 334 000	3 438 000	9 064 000
Total Assets	3 176 000	3 334 000	3 438 000	9 064 000
Total Retained Equity	−214 000	−109 000	0	328 000
Total Equity	369 000	475 000	475 000	428 000
Total Long-Term Debt	2 158 000	2 262 000	2 365 000	2 561 000
Total Current Debt	648 000	598 000	598 000	6 074 000
Total Equity and Debt	3 176 000	3 334 000	3 438 000	9 064 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	4 970 000	10 579 000
Other Income	0	0	0	0
Revenue	0	0	4 970 000	10 579 000
Cost of Goods Sold	0	1 000	4 579 000	10 264 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	43 000	62 000	4 619 000	10 272 000
Operating Profit	−43 000	−62 000	351 000	307 000
Financial Income	0	0	1 000	14 000
Financial Costs	92 000	77 000	293 000	271 000
Financial Balance	−92 000	−77 000	−292 000	−257 000
Dividends	0	0	0	0
Net Income	−105 000	−109 000	47 000	39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	0	0	0
Stock	2 626 000	2 626 000	2 626 000	8 884 000
Total Investments	0	0	0	0
Cash, Bank	6 000	194 000	437 000	180 000
Total Current Assets	3 146 000	3 334 000	3 438 000	9 064 000
Total Assets	3 176 000	3 334 000	3 438 000	9 064 000
Total Equity	369 000	475 000	475 000	428 000
Short-Term Group Debt	650 000	590 000	590 000	110 000
Total Long-Term Debt	2 158 000	2 262 000	2 365 000	2 561 000
Creditors	−2 000	7 000	7 000	1 467 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	648 000	598 000	598 000	6 074 000
Total Equity and Debt	3 176 000	3 334 000	3 438 000	9 064 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,46 %	−22,95 %	9,89 %	9,11 %
Debt-to-Equity Ratio	5,85	4,76	4,98	5,98
Operating Profit Margin	-	-	7,06 %	2,9 %
Current Ratio	4,85	5,58	5,75	1,49
Quick Ratio	−1,59	−1,64	−1,7	−3,23
Equity Ratio	0,12	0,14	0,14	0,05
Gross Profit Margin	-	-	7,87 %	2,98 %