MELLINGEN SERVICE AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

40,7 %

Current Ratio

1,36

Debt-to-Equity Ratio

0,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 409 000	782 000	1 090 000	870 000
Net Income	105 000	124 000	−84 000	−14 000
Total Assets	818 000	316 000	74 000	452 000
Total Equity	258 000	152 000	28 000	112 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 409 000	782 000	1 090 000	870 000
Expenditure	1 261 000	653 000	1 167 000	861 000
Operating Profit	148 000	130 000	−76 000	9 000
Financial Income	0	0	0	0
Financial Costs	13 000	0	8 000	23 000
Financial Balance	−13 000	0	−8 000	−23 000
Earnings Before Tax	135 000	130 000	−84 000	−14 000
Tax	30 000	6 000	0	0
Net Income	105 000	124 000	−84 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	326 000	0	0	290 000
Total Current Assets	492 000	316 000	74 000	163 000
Total Assets	818 000	316 000	74 000	452 000
Total Retained Equity	228 000	122 000	−2 000	82 000
Total Equity	258 000	152 000	28 000	112 000
Total Long-Term Debt	199 000	6 000	0	306 000
Total Current Debt	362 000	158 000	45 000	34 000
Total Equity and Debt	818 000	316 000	74 000	452 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 409 000	782 000	1 025 000	870 000
Other Income	0	0	65 000	0
Revenue	1 409 000	782 000	1 090 000	870 000
Cost of Goods Sold	500 000	407 000	674 000	590 000
Salary Costs	471 000	118 000	282 000	60 000
Depreciation	81 000	0	40 000	24 000
Impairment	0	0	0	0
Expenditure	1 261 000	653 000	1 167 000	861 000
Operating Profit	148 000	130 000	−76 000	9 000
Financial Income	0	0	0	0
Financial Costs	13 000	0	8 000	23 000
Financial Balance	−13 000	0	−8 000	−23 000
Dividends	0	0	0	0
Net Income	105 000	124 000	−84 000	−14 000

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	−81 000	0	0	0
Fixtures	407 000	0	0	290 000
Total Tangible Assets	326 000	0	0	290 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	326 000	0	0	290 000
Stock	0	0	0	3 000
Total Investments	0	0	0	0
Cash, Bank	426 000	245 000	80 000	130 000
Total Current Assets	492 000	316 000	74 000	163 000
Total Assets	818 000	316 000	74 000	452 000
Total Equity	258 000	152 000	28 000	112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	199 000	6 000	0	306 000
Creditors	33 000	29 000	12 000	30 000
Unpaid Taxes	240 000	38 000	3 000	4 000
Dividends	0	0	0	0
Other Current Debt	64 000	91 000	30 000	0
Total Current Debt	362 000	158 000	45 000	34 000
Total Equity and Debt	818 000	316 000	74 000	452 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,7 %	81,58 %	−300 %	−12,5 %
Debt-to-Equity Ratio	0,77	0,04	0	2,73
Operating Profit Margin	10,5 %	16,62 %	−6,97 %	1,03 %
Current Ratio	1,36	2	1,64	4,79
Quick Ratio	1,36	2	1,64	5,26
Equity Ratio	0,32	0,48	0,38	0,25
Gross Profit Margin	64,51 %	47,95 %	38,17 %	32,18 %