METI AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

11,5 %

Current Ratio

0,12

Debt-to-Equity Ratio

2,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 140 000	367 000	234 000	107 000
Net Income	135 000	−345 000	19 000	−59 000
Total Assets	9 342 000	8 407 000	5 614 000	5 241 000
Total Equity	1 174 000	1 041 000	1 386 000	1 368 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 140 000	367 000	234 000	107 000
Expenditure	931 000	673 000	102 000	78 000
Operating Profit	210 000	−307 000	132 000	29 000
Financial Income	0	0	4 000	0
Financial Costs	36 000	136 000	112 000	105 000
Financial Balance	−36 000	−136 000	−108 000	−105 000
Earnings Before Tax	174 000	−443 000	24 000	−76 000
Tax	38 000	−97 000	5 000	−17 000
Net Income	135 000	−345 000	19 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 765 000	7 531 000	4 491 000	4 518 000
Total Current Assets	577 000	876 000	1 123 000	723 000
Total Assets	9 342 000	8 407 000	5 614 000	5 241 000
Total Retained Equity	−252 000	−386 000	−40 000	−59 000
Total Equity	1 174 000	1 041 000	1 386 000	1 368 000
Total Long-Term Debt	3 283 000	3 438 000	3 716 000	3 347 000
Total Current Debt	4 884 000	3 928 000	512 000	526 000
Total Equity and Debt	9 342 000	8 407 000	5 614 000	5 241 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 140 000	200 000	0	0
Other Income	0	167 000	234 000	107 000
Revenue	1 140 000	367 000	234 000	107 000
Cost of Goods Sold	0	0	0	0
Salary Costs	192 000	3 000	0	0
Depreciation	266 000	45 000	27 000	27 000
Impairment	0	0	0	0
Expenditure	931 000	673 000	102 000	78 000
Operating Profit	210 000	−307 000	132 000	29 000
Financial Income	0	0	4 000	0
Financial Costs	36 000	136 000	112 000	105 000
Financial Balance	−36 000	−136 000	−108 000	−105 000
Dividends	0	0	0	0
Net Income	135 000	−345 000	19 000	−59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 300 000	7 235 000	4 491 000	4 518 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	465 000	296 000	0	0
Total Tangible Assets	8 765 000	7 531 000	4 491 000	4 518 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 765 000	7 531 000	4 491 000	4 518 000
Stock	0	0	0	0
Total Investments	0	0	505 000	505 000
Cash, Bank	26 000	70 000	95 000	143 000
Total Current Assets	577 000	876 000	1 123 000	723 000
Total Assets	9 342 000	8 407 000	5 614 000	5 241 000
Total Equity	1 174 000	1 041 000	1 386 000	1 368 000
Short-Term Group Debt	4 603 000	2 886 000	0	0
Total Long-Term Debt	3 283 000	3 438 000	3 716 000	3 347 000
Creditors	163 000	965 000	1 000	0
Unpaid Taxes	35 000	0	0	14 000
Dividends	0	0	0	0
Other Current Debt	84 000	77 000	512 000	512 000
Total Current Debt	4 884 000	3 928 000	512 000	526 000
Total Equity and Debt	9 342 000	8 407 000	5 614 000	5 241 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,5 %	−33,14 %	1,37 %	−4,31 %
Debt-to-Equity Ratio	2,8	3,3	2,68	2,45
Operating Profit Margin	18,42 %	−83,65 %	56,41 %	27,1 %
Current Ratio	0,12	0,22	2,19	1,37
Quick Ratio	0,12	0,22	2,19	1,37
Equity Ratio	0,13	0,12	0,25	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %