MECSUPPORT AS

1890 RAKKESTAD

Finances

Share Ownership

Return on Equity

−13,46 %

Current Ratio

0,71

Debt-to-Equity Ratio

−2,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 568 000	1 608 000	1 315 000	650 000
Net Income	202 000	−1 049 000	−847 000	187 000
Total Assets	3 518 000	4 920 000	4 657 000	575 000
Total Equity	−1 501 000	−1 702 000	−653 000	194 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 568 000	1 608 000	1 315 000	650 000
Expenditure	3 138 000	2 461 000	2 047 000	412 000
Operating Profit	430 000	−853 000	−732 000	237 000
Financial Income	0	54 000	0	0
Financial Costs	228 000	247 000	166 000	0
Financial Balance	−228 000	−193 000	−166 000	0
Earnings Before Tax	202 000	−1 045 000	−898 000	237 000
Tax	0	4 000	−51 000	51 000
Net Income	202 000	−1 049 000	−847 000	187 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 107 000	2 791 000	2 692 000	40 000
Total Current Assets	411 000	2 129 000	1 965 000	535 000
Total Assets	3 518 000	4 920 000	4 657 000	575 000
Total Retained Equity	−1 531 000	−1 732 000	−683 000	164 000
Total Equity	−1 501 000	−1 702 000	−653 000	194 000
Total Long-Term Debt	4 443 000	5 846 000	4 941 000	0
Total Current Debt	576 000	776 000	369 000	380 000
Total Equity and Debt	3 518 000	4 920 000	4 657 000	575 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 300 000	1 593 000	1 312 000	650 000
Other Income	268 000	15 000	3 000	0
Revenue	3 568 000	1 608 000	1 315 000	650 000
Cost of Goods Sold	1 451 000	60 000	250 000	190 000
Salary Costs	931 000	733 000	893 000	126 000
Depreciation	33 000	4 000	0	0
Impairment	0	0	0	0
Expenditure	3 138 000	2 461 000	2 047 000	412 000
Operating Profit	430 000	−853 000	−732 000	237 000
Financial Income	0	54 000	0	0
Financial Costs	228 000	247 000	166 000	0
Financial Balance	−228 000	−193 000	−166 000	0
Dividends	0	0	0	0
Net Income	202 000	−1 049 000	−847 000	187 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 013 000	2 666 000	2 666 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	94 000	112 000	0	0
Total Tangible Assets	3 107 000	2 778 000	2 666 000	0
Total Fiancial Fixed Assets	0	12 000	26 000	40 000
Total Fixed Assets	3 107 000	2 791 000	2 692 000	40 000
Stock	0	1 436 000	1 436 000	0
Total Investments	0	0	0	0
Cash, Bank	149 000	492 000	384 000	155 000
Total Current Assets	411 000	2 129 000	1 965 000	535 000
Total Assets	3 518 000	4 920 000	4 657 000	575 000
Total Equity	−1 501 000	−1 702 000	−653 000	194 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 443 000	5 846 000	4 941 000	0
Creditors	48 000	75 000	38 000	144 000
Unpaid Taxes	129 000	157 000	117 000	88 000
Dividends	0	0	0	0
Other Current Debt	398 000	544 000	214 000	102 000
Total Current Debt	576 000	776 000	369 000	380 000
Total Equity and Debt	3 518 000	4 920 000	4 657 000	575 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,46 %	61,63 %	129,71 %	96,39 %
Debt-to-Equity Ratio	−2,96	−3,43	−7,57	0
Operating Profit Margin	12,05 %	−53,05 %	−55,67 %	36,46 %
Current Ratio	0,71	2,74	5,33	1,41
Quick Ratio	0,71	−3,23	−1,84	1,41
Equity Ratio	−0,43	−0,35	−0,14	0,34
Gross Profit Margin	59,33 %	96,27 %	80,99 %	70,77 %