MEECHAI AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

102,7 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	640 000	742 000	631 000	352 000
Net Income	38 000	−92 000	60 000	1 000
Total Assets	112 000	106 000	164 000	50 000
Total Equity	37 000	−1 000	91 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	640 000	742 000	631 000	352 000
Expenditure	591 000	860 000	553 000	351 000
Operating Profit	49 000	−118 000	78 000	1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	49 000	−118 000	78 000	1 000
Tax	11 000	−26 000	18 000	0
Net Income	38 000	−92 000	60 000	1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	53 000	0	0
Total Current Assets	76 000	53 000	164 000	50 000
Total Assets	112 000	106 000	164 000	50 000
Total Retained Equity	7 000	−31 000	61 000	1 000
Total Equity	37 000	−1 000	91 000	31 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	75 000	107 000	73 000	19 000
Total Equity and Debt	112 000	106 000	164 000	50 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	627 000	742 000	631 000	352 000
Other Income	13 000	0	0	0
Revenue	640 000	742 000	631 000	352 000
Cost of Goods Sold	0	0	0	0
Salary Costs	290 000	551 000	287 000	194 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	591 000	860 000	553 000	351 000
Operating Profit	49 000	−118 000	78 000	1 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	38 000	−92 000	60 000	1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	26 000	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	21 000	27 000	0	0
Total Fixed Assets	36 000	53 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	76 000	42 000	162 000	50 000
Total Current Assets	76 000	53 000	164 000	50 000
Total Assets	112 000	106 000	164 000	50 000
Total Equity	37 000	−1 000	91 000	31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	8 000	6 000	−9 000
Unpaid Taxes	37 000	43 000	19 000	10 000
Dividends	0	0	0	0
Other Current Debt	28 000	56 000	30 000	18 000
Total Current Debt	75 000	107 000	73 000	19 000
Total Equity and Debt	112 000	106 000	164 000	50 000

Financial indicators	2022	2021	2020	2019
Return on Equity	102,7 %	9 200 %	65,93 %	3,23 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	7,66 %	−15,9 %	12,36 %	0,28 %
Current Ratio	1,01	0,5	2,25	2,63
Quick Ratio	1,01	0,5	2,25	2,63
Equity Ratio	0,33	−0,01	0,55	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %