MEIR DISTILLERY AS

1540 VESTBY

Finances

Return on Equity

−117,64 %

Current Ratio

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 002 000	2 742 000	1 051 000	0
Net Income	−5 874 000	−2 915 000	−2 550 000	−733 000
Total Assets	6 688 000	8 218 000	11 895 000	448 000
Total Equity	4 993 000	5 311 000	8 226 000	−703 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 002 000	2 742 000	1 051 000	0
Expenditure	6 040 000	6 298 000	4 446 000	927 000
Operating Profit	−4 038 000	−3 555 000	−3 396 000	−927 000
Financial Income	109 000	13 000	9 000	0
Financial Costs	96 000	165 000	13 000	13 000
Financial Balance	13 000	−152 000	−4 000	−13 000
Earnings Before Tax	−4 025 000	−3 707 000	−3 399 000	−940 000
Tax	1 849 000	−792 000	−850 000	−207 000
Net Income	−5 874 000	−2 915 000	−2 550 000	−733 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 322 000	2 367 000	1 203 000	207 000
Total Current Assets	5 367 000	5 851 000	10 693 000	241 000
Total Assets	6 688 000	8 218 000	11 895 000	448 000
Total Retained Equity	−12 072 000	−6 198 000	−3 283 000	−733 000
Total Equity	4 993 000	5 311 000	8 226 000	−703 000
Total Long-Term Debt	621 000	1 243 000	0	0
Total Current Debt	1 074 000	1 664 000	3 670 000	1 152 000
Total Equity and Debt	6 688 000	8 218 000	11 895 000	448 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 985 000	2 570 000	1 051 000	0
Other Income	17 000	173 000	0	0
Revenue	2 002 000	2 742 000	1 051 000	0
Cost of Goods Sold	918 000	1 085 000	595 000	0
Salary Costs	2 541 000	2 352 000	2 049 000	639 000
Depreciation	49 000	15 000	4 000	0
Impairment	0	0	0	0
Expenditure	6 040 000	6 298 000	4 446 000	927 000
Operating Profit	−4 038 000	−3 555 000	−3 396 000	−927 000
Financial Income	109 000	13 000	9 000	0
Financial Costs	96 000	165 000	13 000	13 000
Financial Balance	13 000	−152 000	−4 000	−13 000
Dividends	0	0	0	0
Net Income	−5 874 000	−2 915 000	−2 550 000	−733 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	1 849 000	1 057 000	207 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	667 000	0	0	0
Fixtures	598 000	398 000	146 000	0
Total Tangible Assets	1 265 000	398 000	146 000	0
Total Fiancial Fixed Assets	21 000	120 000	0	0
Total Fixed Assets	1 322 000	2 367 000	1 203 000	207 000
Stock	1 688 000	1 405 000	796 000	0
Total Investments	0	0	0	0
Cash, Bank	2 553 000	2 371 000	9 045 000	18 000
Total Current Assets	5 367 000	5 851 000	10 693 000	241 000
Total Assets	6 688 000	8 218 000	11 895 000	448 000
Total Equity	4 993 000	5 311 000	8 226 000	−703 000
Short-Term Group Debt	0	0	0	1 131 000
Total Long-Term Debt	621 000	1 243 000	0	0
Creditors	461 000	484 000	3 334 000	21 000
Unpaid Taxes	133 000	363 000	120 000	0
Dividends	0	0	0	0
Other Current Debt	479 000	817 000	216 000	0
Total Current Debt	1 074 000	1 664 000	3 670 000	1 152 000
Total Equity and Debt	6 688 000	8 218 000	11 895 000	448 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−117,64 %	−54,89 %	−31 %	104,27 %
Debt-to-Equity Ratio	0,12	0,23	0	−0
Operating Profit Margin	−201,7 %	−129,65 %	−323,12 %	-
Current Ratio	5	3,52	2,91	0,21
Quick Ratio	−8,74	22,59	3,72	0,21
Equity Ratio	0,75	0,65	0,69	−1,57
Gross Profit Margin	54,15 %	60,43 %	43,39 %	-