MELHUS HØRSEL AS

7224 MELHUS

Finances

Share Ownership

Return on Equity

−222,22 %

Current Ratio

1,28

Debt-to-Equity Ratio

2,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 896 000	1 686 000	1 314 000	1 622 000
Net Income	−140 000	64 000	−8 000	−73 000
Total Assets	552 000	854 000	487 000	374 000
Total Equity	63 000	203 000	139 000	147 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 896 000	1 686 000	1 314 000	1 622 000
Expenditure	2 022 000	1 590 000	1 325 000	1 711 000
Operating Profit	−126 000	96 000	−12 000	−89 000
Financial Income	0	0	0	1 000
Financial Costs	12 000	13 000	3 000	5 000
Financial Balance	−12 000	−13 000	−3 000	−4 000
Earnings Before Tax	−137 000	83 000	−14 000	−94 000
Tax	3 000	18 000	−6 000	−21 000
Net Income	−140 000	64 000	−8 000	−73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	156 000	191 000	52 000	65 000
Total Current Assets	396 000	663 000	435 000	308 000
Total Assets	552 000	854 000	487 000	374 000
Total Retained Equity	33 000	173 000	109 000	117 000
Total Equity	63 000	203 000	139 000	147 000
Total Long-Term Debt	183 000	239 000	12 000	59 000
Total Current Debt	310 000	412 000	336 000	167 000
Total Equity and Debt	556 000	854 000	487 000	374 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 896 000	1 536 000	1 314 000	1 622 000
Other Income	0	150 000	0	0
Revenue	1 896 000	1 686 000	1 314 000	1 622 000
Cost of Goods Sold	421 000	461 000	339 000	212 000
Salary Costs	1 233 000	799 000	669 000	1 115 000
Depreciation	32 000	19 000	14 000	14 000
Impairment	0	0	0	0
Expenditure	2 022 000	1 590 000	1 325 000	1 711 000
Operating Profit	−126 000	96 000	−12 000	−89 000
Financial Income	0	0	0	1 000
Financial Costs	12 000	13 000	3 000	5 000
Financial Balance	−12 000	−13 000	−3 000	−4 000
Dividends	0	0	0	0
Net Income	−140 000	64 000	−8 000	−73 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 000	21 000	20 000
Real Eastate	154 000	171 000	0	0
Machinery and Plant Facilities	2 000	17 000	31 000	45 000
Fixtures	0	0	0	0
Total Tangible Assets	156 000	188 000	31 000	45 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	156 000	191 000	52 000	65 000
Stock	50 000	50 000	90 000	90 000
Total Investments	0	0	0	0
Cash, Bank	289 000	528 000	275 000	145 000
Total Current Assets	396 000	663 000	435 000	308 000
Total Assets	552 000	854 000	487 000	374 000
Total Equity	63 000	203 000	139 000	147 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	183 000	239 000	12 000	59 000
Creditors	0	83 000	41 000	2 000
Unpaid Taxes	105 000	176 000	88 000	61 000
Dividends	0	0	0	0
Other Current Debt	206 000	153 000	207 000	104 000
Total Current Debt	310 000	412 000	336 000	167 000
Total Equity and Debt	556 000	854 000	487 000	374 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−222,22 %	31,53 %	−5,76 %	−49,66 %
Debt-to-Equity Ratio	2,9	1,18	0,09	0,4
Operating Profit Margin	−6,65 %	5,69 %	−0,91 %	−5,49 %
Current Ratio	1,28	1,61	1,29	1,84
Quick Ratio	1,52	1,83	1,77	4
Equity Ratio	0,11	0,24	0,29	0,39
Gross Profit Margin	77,8 %	72,66 %	74,2 %	86,93 %