MEHANKEN AS

3580 GEILO

Finances

Share Ownership

Return on Equity

8,41 %

Current Ratio

7,54

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 440 000	8 444 000	5 482 000	5 071 000
Net Income	239 000	1 418 000	228 000	444 000
Total Assets	4 274 000	5 954 000	3 154 000	2 332 000
Total Equity	2 841 000	2 602 000	1 184 000	956 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 440 000	8 444 000	5 482 000	5 071 000
Expenditure	4 075 000	6 610 000	5 185 000	4 433 000
Operating Profit	337 000	1 835 000	298 000	638 000
Financial Income	16 000	12 000	8 000	12 000
Financial Costs	46 000	28 000	14 000	80 000
Financial Balance	−30 000	−16 000	−6 000	−68 000
Earnings Before Tax	306 000	1 819 000	292 000	569 000
Tax	68 000	401 000	64 000	125 000
Net Income	239 000	1 418 000	228 000	444 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	528 000	2 035 000	1 534 000	1 348 000
Total Current Assets	3 746 000	3 919 000	1 620 000	984 000
Total Assets	4 274 000	5 954 000	3 154 000	2 332 000
Total Retained Equity	2 822 000	2 583 000	1 165 000	937 000
Total Equity	2 841 000	2 602 000	1 184 000	956 000
Total Long-Term Debt	935 000	1 331 000	796 000	575 000
Total Current Debt	497 000	2 021 000	1 173 000	801 000
Total Equity and Debt	4 274 000	5 954 000	3 154 000	2 332 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 277 000	8 444 000	5 381 000	4 988 000
Other Income	163 000	0	102 000	83 000
Revenue	6 440 000	8 444 000	5 482 000	5 071 000
Cost of Goods Sold	699 000	2 576 000	1 837 000	1 724 000
Salary Costs	1 038 000	1 309 000	1 060 000	901 000
Depreciation	449 000	376 000	324 000	288 000
Impairment	0	0	0	0
Expenditure	4 075 000	6 610 000	5 185 000	4 433 000
Operating Profit	337 000	1 835 000	298 000	638 000
Financial Income	16 000	12 000	8 000	12 000
Financial Costs	46 000	28 000	14 000	80 000
Financial Balance	−30 000	−16 000	−6 000	−68 000
Dividends	0	0	0	0
Net Income	239 000	1 418 000	228 000	444 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	50 000	58 000	66 000	74 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	373 000	1 715 000	1 190 000	913 000
Total Tangible Assets	423 000	1 773 000	1 256 000	987 000
Total Fiancial Fixed Assets	105 000	262 000	278 000	361 000
Total Fixed Assets	528 000	2 035 000	1 534 000	1 348 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 935 000	889 000	1 134 000	312 000
Total Current Assets	3 746 000	3 919 000	1 620 000	984 000
Total Assets	4 274 000	5 954 000	3 154 000	2 332 000
Total Equity	2 841 000	2 602 000	1 184 000	956 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	935 000	1 331 000	796 000	575 000
Creditors	131 000	1 154 000	651 000	320 000
Unpaid Taxes	112 000	357 000	270 000	110 000
Dividends	0	0	0	0
Other Current Debt	127 000	116 000	195 000	225 000
Total Current Debt	497 000	2 021 000	1 173 000	801 000
Total Equity and Debt	4 274 000	5 954 000	3 154 000	2 332 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,41 %	54,5 %	19,26 %	46,44 %
Debt-to-Equity Ratio	0,33	0,51	0,67	0,6
Operating Profit Margin	5,23 %	21,73 %	5,44 %	12,58 %
Current Ratio	7,54	1,94	1,38	1,23
Quick Ratio	7,54	1,94	1,38	1,23
Equity Ratio	0,66	0,44	0,38	0,41
Gross Profit Margin	89,15 %	69,49 %	66,49 %	66 %