MERSMAK AS

7288 SOKNEDAL

Finances

Share Ownership

Return on Equity

14,29 %

Current Ratio

0,45

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	793 000	876 000	743 000	379 000
Net Income	48 000	48 000	133 000	87 000
Total Assets	1 211 000	446 000	373 000	156 000
Total Equity	336 000	288 000	239 000	106 000

Income (NOK)	2022	2021	2020	2019
Revenue	793 000	876 000	743 000	379 000
Expenditure	713 000	791 000	555 000	256 000
Operating Profit	81 000	86 000	188 000	123 000
Financial Income	0	0	0	0
Financial Costs	18 000	17 000	10 000	14 000
Financial Balance	−18 000	−17 000	−10 000	−14 000
Earnings Before Tax	63 000	68 000	178 000	109 000
Tax	14 000	20 000	45 000	22 000
Net Income	48 000	48 000	133 000	87 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	825 000	124 000	138 000	43 000
Total Current Assets	386 000	322 000	235 000	113 000
Total Assets	1 211 000	446 000	373 000	156 000
Total Retained Equity	317 000	268 000	220 000	87 000
Total Equity	336 000	288 000	239 000	106 000
Total Long-Term Debt	18 000	4 000	5 000	1 000
Total Current Debt	857 000	155 000	128 000	49 000
Total Equity and Debt	1 211 000	446 000	373 000	156 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	793 000	876 000	743 000	379 000
Other Income	0	0	0	0
Revenue	793 000	876 000	743 000	379 000
Cost of Goods Sold	225 000	119 000	59 000	74 000
Salary Costs	192 000	325 000	210 000	59 000
Depreciation	49 000	34 000	21 000	2 000
Impairment	0	0	0	0
Expenditure	713 000	791 000	555 000	256 000
Operating Profit	81 000	86 000	188 000	123 000
Financial Income	0	0	0	0
Financial Costs	18 000	17 000	10 000	14 000
Financial Balance	−18 000	−17 000	−10 000	−14 000
Dividends	0	0	0	0
Net Income	48 000	48 000	133 000	87 000

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	825 000	124 000	138 000	43 000
Total Tangible Assets	825 000	124 000	138 000	43 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	825 000	124 000	138 000	43 000
Stock	120 000	165 000	87 000	3 000
Total Investments	0	0	0	0
Cash, Bank	255 000	117 000	108 000	104 000
Total Current Assets	386 000	322 000	235 000	113 000
Total Assets	1 211 000	446 000	373 000	156 000
Total Equity	336 000	288 000	239 000	106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 000	4 000	5 000	1 000
Creditors	945 000	17 000	−10 000	−1 000
Unpaid Taxes	−105 000	87 000	77 000	23 000
Dividends	0	0	0	0
Other Current Debt	18 000	30 000	21 000	6 000
Total Current Debt	857 000	155 000	128 000	49 000
Total Equity and Debt	1 211 000	446 000	373 000	156 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,29 %	16,67 %	55,65 %	82,08 %
Debt-to-Equity Ratio	0,05	0,01	0,02	0,01
Operating Profit Margin	10,21 %	9,82 %	25,3 %	32,45 %
Current Ratio	0,45	2,08	1,84	2,31
Quick Ratio	0,52	−32,2	5,73	2,46
Equity Ratio	0,28	0,65	0,64	0,68
Gross Profit Margin	71,63 %	86,42 %	92,06 %	80,47 %