MESTERFLIS SØR AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

52,39 %

Current Ratio

1,38

Debt-to-Equity Ratio

1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 785 000	3 987 000	3 874 000	3 222 000
Net Income	329 000	97 000	120 000	88 000
Total Assets	3 064 000	1 822 000	974 000	822 000
Total Equity	628 000	299 000	202 000	82 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 785 000	3 987 000	3 874 000	3 222 000
Expenditure	6 324 000	3 830 000	3 712 000	3 117 000
Operating Profit	461 000	156 000	161 000	105 000
Financial Income	0	0	0	0
Financial Costs	40 000	32 000	27 000	17 000
Financial Balance	−40 000	−32 000	−27 000	−17 000
Earnings Before Tax	422 000	124 000	135 000	88 000
Tax	93 000	28 000	15 000	0
Net Income	329 000	97 000	120 000	88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	856 000	441 000	115 000	139 000
Total Current Assets	2 208 000	1 381 000	859 000	683 000
Total Assets	3 064 000	1 822 000	974 000	822 000
Total Retained Equity	478 000	149 000	52 000	−68 000
Total Equity	628 000	299 000	202 000	82 000
Total Long-Term Debt	840 000	729 000	370 000	267 000
Total Current Debt	1 597 000	794 000	402 000	473 000
Total Equity and Debt	3 064 000	1 822 000	974 000	822 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 759 000	3 987 000	3 874 000	3 222 000
Other Income	27 000	0	0	0
Revenue	6 785 000	3 987 000	3 874 000	3 222 000
Cost of Goods Sold	2 733 000	1 852 000	2 260 000	1 927 000
Salary Costs	2 484 000	1 262 000	788 000	673 000
Depreciation	144 000	44 000	23 000	23 000
Impairment	0	0	0	0
Expenditure	6 324 000	3 830 000	3 712 000	3 117 000
Operating Profit	461 000	156 000	161 000	105 000
Financial Income	0	0	0	0
Financial Costs	40 000	32 000	27 000	17 000
Financial Balance	−40 000	−32 000	−27 000	−17 000
Dividends	0	0	0	0
Net Income	329 000	97 000	120 000	88 000

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	856 000	441 000	115 000	139 000
Total Tangible Assets	856 000	441 000	115 000	139 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	856 000	441 000	115 000	139 000
Stock	1 245 000	762 000	595 000	351 000
Total Investments	0	0	0	0
Cash, Bank	119 000	101 000	14 000	108 000
Total Current Assets	2 208 000	1 381 000	859 000	683 000
Total Assets	3 064 000	1 822 000	974 000	822 000
Total Equity	628 000	299 000	202 000	82 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	840 000	729 000	370 000	267 000
Creditors	592 000	238 000	250 000	257 000
Unpaid Taxes	347 000	289 000	80 000	122 000
Dividends	0	0	0	0
Other Current Debt	573 000	250 000	67 000	93 000
Total Current Debt	1 597 000	794 000	402 000	473 000
Total Equity and Debt	3 064 000	1 822 000	974 000	822 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,39 %	32,44 %	59,41 %	107,32 %
Debt-to-Equity Ratio	1,34	2,44	1,83	3,26
Operating Profit Margin	6,79 %	3,91 %	4,16 %	3,26 %
Current Ratio	1,38	1,74	2,14	1,44
Quick Ratio	6,27	43,16	−4,45	5,6
Equity Ratio	0,2	0,16	0,21	0,1
Gross Profit Margin	59,72 %	53,55 %	41,66 %	40,19 %