MECHTRADE AS

5517 HAUGESUND

Finances

Share Ownership

Return on Equity

−1,27 %

Current Ratio

0,96

Debt-to-Equity Ratio

−0,98

Key figures (NOK)	2022	2021	2020	2019
Revenue	446 000	401 000	730 000	357 000
Net Income	4 000	−92 000	−105 000	−194 000
Total Assets	118 000	166 000	171 000	190 000
Total Equity	−315 000	−319 000	−199 000	−94 000

Income (NOK)	2022	2021	2020	2019
Revenue	446 000	401 000	730 000	357 000
Expenditure	438 000	489 000	859 000	550 000
Operating Profit	8 000	−88 000	−129 000	−193 000
Financial Income	0	0	2 000	0
Financial Costs	4 000	5 000	7 000	1 000
Financial Balance	−4 000	−5 000	−5 000	−1 000
Earnings Before Tax	4 000	−92 000	−135 000	−194 000
Tax	0	0	−30 000	0
Net Income	4 000	−92 000	−105 000	−194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	30 000	0
Total Current Assets	118 000	166 000	141 000	190 000
Total Assets	118 000	166 000	171 000	190 000
Total Retained Equity	−515 000	−519 000	−399 000	−294 000
Total Equity	−315 000	−319 000	−199 000	−94 000
Total Long-Term Debt	310 000	350 000	350 000	150 000
Total Current Debt	123 000	135 000	20 000	134 000
Total Equity and Debt	118 000	166 000	171 000	190 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	446 000	401 000	730 000	357 000
Other Income	0	0	0	0
Revenue	446 000	401 000	730 000	357 000
Cost of Goods Sold	117 000	213 000	433 000	141 000
Salary Costs	208 000	152 000	211 000	285 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	438 000	489 000	859 000	550 000
Operating Profit	8 000	−88 000	−129 000	−193 000
Financial Income	0	0	2 000	0
Financial Costs	4 000	5 000	7 000	1 000
Financial Balance	−4 000	−5 000	−5 000	−1 000
Dividends	0	0	0	0
Net Income	4 000	−92 000	−105 000	−194 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	30 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	30 000	0
Stock	80 000	130 000	197 000	132 000
Total Investments	0	0	0	0
Cash, Bank	2 000	12 000	−90 000	20 000
Total Current Assets	118 000	166 000	141 000	190 000
Total Assets	118 000	166 000	171 000	190 000
Total Equity	−315 000	−319 000	−199 000	−94 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	310 000	350 000	350 000	150 000
Creditors	0	6 000	0	4 000
Unpaid Taxes	20 000	38 000	−5 000	35 000
Dividends	0	0	0	0
Other Current Debt	18 000	14 000	25 000	28 000
Total Current Debt	123 000	135 000	20 000	134 000
Total Equity and Debt	118 000	166 000	171 000	190 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,27 %	28,84 %	52,76 %	206,38 %
Debt-to-Equity Ratio	−0,98	−1,1	−1,76	−1,6
Operating Profit Margin	1,79 %	−21,95 %	−17,67 %	−54,06 %
Current Ratio	0,96	1,23	7,05	1,42
Quick Ratio	2,74	33,2	−0,8	95
Equity Ratio	−2,67	−1,92	−1,16	−0,49
Gross Profit Margin	73,77 %	46,88 %	40,68 %	60,5 %