MERMAID AS

1440 DRØBAK

Finances

Share Ownership

Return on Equity

122,22 %

Current Ratio

2,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	208 000	175 000	0	119 000
Net Income	22 000	−56 000	−4 000	22 000
Total Assets	30 000	9 000	68 000	78 000
Total Equity	18 000	−3 000	53 000	57 000

Income (NOK)	2022	2021	2020	2019
Revenue	208 000	175 000	0	119 000
Expenditure	185 000	231 000	4 000	89 000
Operating Profit	22 000	−56 000	−4 000	30 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	22 000	−56 000	−4 000	28 000
Tax	0	0	0	6 000
Net Income	22 000	−56 000	−4 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	30 000	9 000	68 000	78 000
Total Assets	30 000	9 000	68 000	78 000
Total Retained Equity	−12 000	−33 000	0	27 000
Total Equity	18 000	−3 000	53 000	57 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 000	12 000	15 000	21 000
Total Equity and Debt	30 000	9 000	68 000	78 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	208 000	175 000	0	119 000
Other Income	0	0	0	0
Revenue	208 000	175 000	0	119 000
Cost of Goods Sold	36 000	31 000	0	0
Salary Costs	34 000	96 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	185 000	231 000	4 000	89 000
Operating Profit	22 000	−56 000	−4 000	30 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	22 000	−56 000	−4 000	22 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 000	9 000	68 000	78 000
Total Current Assets	30 000	9 000	68 000	78 000
Total Assets	30 000	9 000	68 000	78 000
Total Equity	18 000	−3 000	53 000	57 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	7 000	3 000	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	8 000	15 000	15 000
Total Current Debt	11 000	12 000	15 000	21 000
Total Equity and Debt	30 000	9 000	68 000	78 000

Financial indicators	2022	2021	2020	2019
Return on Equity	122,22 %	1 866,67 %	−7,55 %	38,6 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	10,58 %	−32 %	-	25,21 %
Current Ratio	2,73	0,75	4,53	3,71
Quick Ratio	2,73	0,75	4,53	3,71
Equity Ratio	0,6	−0,33	0,78	0,73
Gross Profit Margin	82,69 %	82,29 %	-	100 %