M. NEKO AS

2615 LILLEHAMMER

Finances

Share Ownership

Return on Equity

27,16 %

Current Ratio

1,6

Debt-to-Equity Ratio

0,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 719 000	7 215 000	5 280 000	1 770 000
Net Income	201 000	702 000	−136 000	−50 000
Total Assets	2 149 000	1 975 000	1 544 000	1 306 000
Total Equity	740 000	540 000	−162 000	−26 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 719 000	7 215 000	5 280 000	1 770 000
Expenditure	6 469 000	6 337 000	5 244 000	1 811 000
Operating Profit	250 000	878 000	36 000	−41 000
Financial Income	0	0	0	0
Financial Costs	1 000	9 000	157 000	26 000
Financial Balance	−1 000	−9 000	−157 000	−26 000
Earnings Before Tax	249 000	869 000	−121 000	−66 000
Tax	48 000	167 000	16 000	−16 000
Net Income	201 000	702 000	−136 000	−50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	458 000	685 000	884 000	1 037 000
Total Current Assets	1 691 000	1 290 000	660 000	269 000
Total Assets	2 149 000	1 975 000	1 544 000	1 306 000
Total Retained Equity	710 000	510 000	−187 000	−50 000
Total Equity	740 000	540 000	−162 000	−26 000
Total Long-Term Debt	349 000	349 000	1 248 000	0
Total Current Debt	1 060 000	1 087 000	458 000	1 332 000
Total Equity and Debt	2 149 000	1 975 000	1 544 000	1 306 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 719 000	7 215 000	5 235 000	1 770 000
Other Income	0	0	45 000	0
Revenue	6 719 000	7 215 000	5 280 000	1 770 000
Cost of Goods Sold	1 749 000	1 784 000	1 371 000	453 000
Salary Costs	3 114 000	3 299 000	2 607 000	1 024 000
Depreciation	318 000	299 000	221 000	135 000
Impairment	0	0	0	0
Expenditure	6 469 000	6 337 000	5 244 000	1 811 000
Operating Profit	250 000	878 000	36 000	−41 000
Financial Income	0	0	0	0
Financial Costs	1 000	9 000	157 000	26 000
Financial Balance	−1 000	−9 000	−157 000	−26 000
Dividends	0	0	0	0
Net Income	201 000	702 000	−136 000	−50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	44 000	0	0	16 000
Real Eastate	347 000	645 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	68 000	40 000	884 000	1 021 000
Total Tangible Assets	414 000	685 000	884 000	1 021 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	458 000	685 000	884 000	1 037 000
Stock	209 000	203 000	164 000	109 000
Total Investments	0	0	0	0
Cash, Bank	1 352 000	1 025 000	355 000	120 000
Total Current Assets	1 691 000	1 290 000	660 000	269 000
Total Assets	2 149 000	1 975 000	1 544 000	1 306 000
Total Equity	740 000	540 000	−162 000	−26 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	349 000	349 000	1 248 000	0
Creditors	84 000	163 000	162 000	−267 000
Unpaid Taxes	408 000	469 000	86 000	172 000
Dividends	0	0	0	0
Other Current Debt	476 000	287 000	211 000	1 426 000
Total Current Debt	1 060 000	1 087 000	458 000	1 332 000
Total Equity and Debt	2 149 000	1 975 000	1 544 000	1 306 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,16 %	130 %	83,95 %	192,31 %
Debt-to-Equity Ratio	0,47	0,65	−7,7	−0
Operating Profit Margin	3,72 %	12,17 %	0,68 %	−2,32 %
Current Ratio	1,6	1,19	1,44	0,2
Quick Ratio	1,99	1,46	2,24	0,22
Equity Ratio	0,34	0,27	−0,1	−0,02
Gross Profit Margin	73,97 %	75,27 %	74,03 %	74,41 %