MYRE ELEKTRONIKK AS

8430 MYRE

Finances

Share Ownership

Return on Equity

20,25 %

Current Ratio

4,6

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 807 000	3 362 000	4 073 000	3 530 000
Net Income	389 000	499 000	815 000	571 000
Total Assets	2 475 000	2 035 000	2 608 000	1 970 000
Total Equity	1 921 000	1 532 000	1 233 000	1 068 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 807 000	3 362 000	4 073 000	3 530 000
Expenditure	3 301 000	2 715 000	2 999 000	2 764 000
Operating Profit	506 000	647 000	1 074 000	766 000
Financial Income	0	0	0	0
Financial Costs	5 000	10 000	17 000	25 000
Financial Balance	−5 000	−10 000	−17 000	−25 000
Earnings Before Tax	502 000	637 000	1 057 000	741 000
Tax	113 000	137 000	242 000	170 000
Net Income	389 000	499 000	815 000	571 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	72 000
Total Current Assets	2 475 000	2 035 000	2 608 000	1 898 000
Total Assets	2 475 000	2 035 000	2 608 000	1 970 000
Total Retained Equity	1 871 000	1 482 000	1 183 000	1 018 000
Total Equity	1 921 000	1 532 000	1 233 000	1 068 000
Total Long-Term Debt	17 000	117 000	217 000	317 000
Total Current Debt	538 000	386 000	1 159 000	585 000
Total Equity and Debt	2 475 000	2 035 000	2 608 000	1 970 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 807 000	3 362 000	4 073 000	3 530 000
Other Income	0	0	0	0
Revenue	3 807 000	3 362 000	4 073 000	3 530 000
Cost of Goods Sold	2 006 000	1 582 000	1 933 000	1 843 000
Salary Costs	1 115 000	963 000	856 000	705 000
Depreciation	0	0	72 000	72 000
Impairment	0	0	0	0
Expenditure	3 301 000	2 715 000	2 999 000	2 764 000
Operating Profit	506 000	647 000	1 074 000	766 000
Financial Income	0	0	0	0
Financial Costs	5 000	10 000	17 000	25 000
Financial Balance	−5 000	−10 000	−17 000	−25 000
Dividends	0	200 000	650 000	0
Net Income	389 000	499 000	815 000	571 000

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	72 000
Total Tangible Assets	0	0	0	72 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	72 000
Stock	10 000	10 000	10 000	10 000
Total Investments	0	0	0	0
Cash, Bank	1 706 000	1 107 000	1 777 000	1 499 000
Total Current Assets	2 475 000	2 035 000	2 608 000	1 898 000
Total Assets	2 475 000	2 035 000	2 608 000	1 970 000
Total Equity	1 921 000	1 532 000	1 233 000	1 068 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 000	117 000	217 000	317 000
Creditors	229 000	84 000	101 000	279 000
Unpaid Taxes	79 000	69 000	79 000	63 000
Dividends	0	200 000	650 000	0
Other Current Debt	116 000	96 000	87 000	73 000
Total Current Debt	538 000	386 000	1 159 000	585 000
Total Equity and Debt	2 475 000	2 035 000	2 608 000	1 970 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,25 %	32,57 %	66,1 %	53,46 %
Debt-to-Equity Ratio	0,01	0,08	0,18	0,3
Operating Profit Margin	13,29 %	19,24 %	26,37 %	21,7 %
Current Ratio	4,6	5,27	2,25	3,24
Quick Ratio	4,69	5,41	2,27	3,3
Equity Ratio	0,78	0,75	0,47	0,54
Gross Profit Margin	47,31 %	52,94 %	52,54 %	47,79 %