NORSK MEKANIKK AS

5114 TERTNES

Finances

Share Ownership

Return on Equity

−10,22 %

Current Ratio

21,5

Debt-to-Equity Ratio

−1,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	185 000	259 000	42 000	173 000
Net Income	32 000	0	−177 000	−82 000
Total Assets	119 000	125 000	163 000	135 000
Total Equity	−313 000	−345 000	−345 000	−168 000

Income (NOK)	2022	2021	2020	2019
Revenue	185 000	259 000	42 000	173 000
Expenditure	153 000	259 000	186 000	239 000
Operating Profit	32 000	0	−145 000	−65 000
Financial Income	0	0	0	0
Financial Costs	0	0	33 000	17 000
Financial Balance	0	0	−33 000	−17 000
Earnings Before Tax	32 000	0	−177 000	−82 000
Tax	0	0	0	0
Net Income	32 000	0	−177 000	−82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	33 000	33 000	33 000
Total Current Assets	86 000	92 000	130 000	102 000
Total Assets	119 000	125 000	163 000	135 000
Total Retained Equity	−665 000	−697 000	−697 000	−520 000
Total Equity	−313 000	−345 000	−345 000	−168 000
Total Long-Term Debt	427 000	474 000	476 000	123 000
Total Current Debt	4 000	−5 000	32 000	179 000
Total Equity and Debt	119 000	125 000	163 000	135 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	185 000	259 000	42 000	173 000
Other Income	0	0	0	0
Revenue	185 000	259 000	42 000	173 000
Cost of Goods Sold	8 000	65 000	0	27 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	153 000	259 000	186 000	239 000
Operating Profit	32 000	0	−145 000	−65 000
Financial Income	0	0	0	0
Financial Costs	0	0	33 000	17 000
Financial Balance	0	0	−33 000	−17 000
Dividends	0	0	0	0
Net Income	32 000	0	−177 000	−82 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	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	33 000	33 000	33 000	33 000
Total Fixed Assets	33 000	33 000	33 000	33 000
Stock	0	0	58 000	58 000
Total Investments	0	0	0	0
Cash, Bank	82 000	88 000	69 000	4 000
Total Current Assets	86 000	92 000	130 000	102 000
Total Assets	119 000	125 000	163 000	135 000
Total Equity	−313 000	−345 000	−345 000	−168 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	427 000	474 000	476 000	123 000
Creditors	4 000	−5 000	−15 000	−8 000
Unpaid Taxes	0	0	5 000	5 000
Dividends	0	0	0	0
Other Current Debt	0	0	42 000	39 000
Total Current Debt	4 000	−5 000	32 000	179 000
Total Equity and Debt	119 000	125 000	163 000	135 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,22 %	−0 %	51,3 %	48,81 %
Debt-to-Equity Ratio	−1,36	−1,37	−1,38	−0,73
Operating Profit Margin	17,3 %	0 %	−345,24 %	−37,57 %
Current Ratio	21,5	−18,4	4,06	0,57
Quick Ratio	21,5	−18,4	−5	0,84
Equity Ratio	−2,63	−2,76	−2,12	−1,24
Gross Profit Margin	95,68 %	74,9 %	100 %	84,39 %