MERHEBIA FINEST AS

3048 DRAMMEN

Finances

Return on Equity

39,68 %

Current Ratio

1,28

Debt-to-Equity Ratio

−9,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 683 000	9 959 000	8 110 000	6 483 000
Net Income	−50 000	−454 000	402 000	−39 000
Total Assets	2 453 000	2 325 000	2 468 000	393 000
Total Equity	−126 000	−76 000	378 000	−24 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 683 000	9 959 000	8 110 000	6 483 000
Expenditure	9 641 000	10 464 000	7 588 000	6 520 000
Operating Profit	43 000	−506 000	522 000	−37 000
Financial Income	0	121 000	44 000	11 000
Financial Costs	93 000	69 000	40 000	13 000
Financial Balance	−93 000	52 000	4 000	−2 000
Earnings Before Tax	−50 000	−454 000	525 000	−39 000
Tax	0	0	123 000	0
Net Income	−50 000	−454 000	402 000	−39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	684 000	568 000	117 000	35 000
Total Current Assets	1 769 000	1 757 000	2 351 000	358 000
Total Assets	2 453 000	2 325 000	2 468 000	393 000
Total Retained Equity	−156 000	−106 000	348 000	−54 000
Total Equity	−126 000	−76 000	378 000	−24 000
Total Long-Term Debt	1 193 000	860 000	700 000	0
Total Current Debt	1 385 000	1 541 000	1 390 000	417 000
Total Equity and Debt	2 453 000	2 325 000	2 468 000	393 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 683 000	9 936 000	8 031 000	6 093 000
Other Income	0	23 000	79 000	390 000
Revenue	9 683 000	9 959 000	8 110 000	6 483 000
Cost of Goods Sold	3 383 000	3 284 000	3 732 000	3 197 000
Salary Costs	2 871 000	4 465 000	2 550 000	2 125 000
Depreciation	71 000	37 000	40 000	35 000
Impairment	0	0	0	0
Expenditure	9 641 000	10 464 000	7 588 000	6 520 000
Operating Profit	43 000	−506 000	522 000	−37 000
Financial Income	0	121 000	44 000	11 000
Financial Costs	93 000	69 000	40 000	13 000
Financial Balance	−93 000	52 000	4 000	−2 000
Dividends	0	0	0	0
Net Income	−50 000	−454 000	402 000	−39 000

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	198 000	269 000	57 000	35 000
Total Tangible Assets	198 000	269 000	57 000	35 000
Total Fiancial Fixed Assets	485 000	299 000	60 000	0
Total Fixed Assets	684 000	568 000	117 000	35 000
Stock	803 000	710 000	667 000	0
Total Investments	0	0	0	0
Cash, Bank	658 000	768 000	1 280 000	195 000
Total Current Assets	1 769 000	1 757 000	2 351 000	358 000
Total Assets	2 453 000	2 325 000	2 468 000	393 000
Total Equity	−126 000	−76 000	378 000	−24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 193 000	860 000	700 000	0
Creditors	540 000	386 000	218 000	96 000
Unpaid Taxes	569 000	770 000	842 000	189 000
Dividends	0	0	0	0
Other Current Debt	276 000	384 000	207 000	132 000
Total Current Debt	1 385 000	1 541 000	1 390 000	417 000
Total Equity and Debt	2 453 000	2 325 000	2 468 000	393 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,68 %	597,37 %	106,35 %	162,5 %
Debt-to-Equity Ratio	−9,47	−11,32	1,85	−0
Operating Profit Margin	0,44 %	−5,08 %	6,44 %	−0,57 %
Current Ratio	1,28	1,14	1,69	0,86
Quick Ratio	3,04	2,11	3,25	0,86
Equity Ratio	−0,05	−0,03	0,15	−0,06
Gross Profit Margin	65,06 %	67,02 %	53,98 %	50,69 %