MEYER EEK AS

0265 OSLO

Finances

Return on Equity

24,52 %

Current Ratio

2,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 554 000	1 744 000	1 294 000	8 456 000
Net Income	640 000	418 000	409 000	932 000
Total Assets	3 955 000	2 933 000	2 421 000	2 023 000
Total Equity	2 610 000	1 970 000	1 552 000	1 292 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 554 000	1 744 000	1 294 000	8 456 000
Expenditure	2 558 000	1 212 000	771 000	7 257 000
Operating Profit	996 000	533 000	523 000	1 199 000
Financial Income	0	5 000	2 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	5 000	2 000	1 000
Earnings Before Tax	996 000	538 000	525 000	1 200 000
Tax	356 000	120 000	115 000	268 000
Net Income	640 000	418 000	409 000	932 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	30 000	0	7 000
Total Current Assets	3 925 000	2 903 000	2 421 000	2 016 000
Total Assets	3 955 000	2 933 000	2 421 000	2 023 000
Total Retained Equity	2 580 000	0	1 522 000	1 262 000
Total Equity	2 610 000	1 970 000	1 552 000	1 292 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 345 000	963 000	870 000	730 000
Total Equity and Debt	3 955 000	2 933 000	2 421 000	2 023 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 554 000	1 744 000	1 294 000	8 456 000
Other Income	0	0	0	0
Revenue	3 554 000	1 744 000	1 294 000	8 456 000
Cost of Goods Sold	264 000	0	0	6 441 000
Salary Costs	1 171 000	772 000	510 000	642 000
Depreciation	0	0	7 000	14 000
Impairment	0	0	0	0
Expenditure	2 558 000	1 212 000	771 000	7 257 000
Operating Profit	996 000	533 000	523 000	1 199 000
Financial Income	0	5 000	2 000	1 000
Financial Costs	0	0	0	0
Financial Balance	0	5 000	2 000	1 000
Dividends	0	0	150 000	200 000
Net Income	640 000	418 000	409 000	932 000

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	7 000
Total Tangible Assets	0	0	0	7 000
Total Fiancial Fixed Assets	30 000	30 000	0	0
Total Fixed Assets	30 000	30 000	0	7 000
Stock	105 000	69 000	0	0
Total Investments	0	0	0	0
Cash, Bank	321 000	1 247 000	1 912 000	2 015 000
Total Current Assets	3 925 000	2 903 000	2 421 000	2 016 000
Total Assets	3 955 000	2 933 000	2 421 000	2 023 000
Total Equity	2 610 000	1 970 000	1 552 000	1 292 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	39 000	696 000	476 000	134 000
Unpaid Taxes	104 000	55 000	47 000	48 000
Dividends	0	0	150 000	200 000
Other Current Debt	845 000	93 000	81 000	79 000
Total Current Debt	1 345 000	963 000	870 000	730 000
Total Equity and Debt	3 955 000	2 933 000	2 421 000	2 023 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,52 %	21,22 %	26,35 %	72,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,02 %	30,56 %	40,42 %	14,18 %
Current Ratio	2,92	3,01	2,78	2,76
Quick Ratio	3,17	3,25	2,78	2,76
Equity Ratio	0,66	0,67	0,64	0,64
Gross Profit Margin	92,57 %	100 %	100 %	23,83 %