MECHSELL AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

−376,27 %

Current Ratio

0,1

Debt-to-Equity Ratio

−0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 086 000	998 000	958 000	162 000
Net Income	444 000	271 000	226 000	39 000
Total Assets	166 000	122 000	151 000	131 000
Total Equity	−118 000	−84 000	−11 000	33 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 086 000	998 000	958 000	162 000
Expenditure	507 000	645 000	669 000	112 000
Operating Profit	579 000	353 000	289 000	50 000
Financial Income	0	1 000	0	0
Financial Costs	10 000	6 000	1 000	0
Financial Balance	−10 000	−5 000	−1 000	0
Earnings Before Tax	570 000	348 000	289 000	50 000
Tax	126 000	77 000	63 000	11 000
Net Income	444 000	271 000	226 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	137 000	75 000	79 000	0
Total Current Assets	29 000	47 000	71 000	131 000
Total Assets	166 000	122 000	151 000	131 000
Total Retained Equity	−148 000	−109 000	−35 000	9 000
Total Equity	−118 000	−84 000	−11 000	33 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	284 000	206 000	161 000	98 000
Total Equity and Debt	166 000	122 000	151 000	131 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 086 000	998 000	953 000	162 000
Other Income	0	0	4 000	0
Revenue	1 086 000	998 000	958 000	162 000
Cost of Goods Sold	0	0	0	0
Salary Costs	13 000	96 000	203 000	5 000
Depreciation	7 000	4 000	3 000	0
Impairment	0	0	0	0
Expenditure	507 000	645 000	669 000	112 000
Operating Profit	579 000	353 000	289 000	50 000
Financial Income	0	1 000	0	0
Financial Costs	10 000	6 000	1 000	0
Financial Balance	−10 000	−5 000	−1 000	0
Dividends	478 000	345 000	0	0
Net Income	444 000	271 000	226 000	39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	77 000	15 000	19 000	0
Total Tangible Assets	77 000	15 000	19 000	0
Total Fiancial Fixed Assets	60 000	60 000	60 000	0
Total Fixed Assets	137 000	75 000	79 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 000	47 000	64 000	4 000
Total Current Assets	29 000	47 000	71 000	131 000
Total Assets	166 000	122 000	151 000	131 000
Total Equity	−118 000	−84 000	−11 000	33 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	11 000	−68 000	−38 000	70 000
Unpaid Taxes	143 000	149 000	117 000	16 000
Dividends	478 000	345 000	0	0
Other Current Debt	1 000	0	19 000	1 000
Total Current Debt	284 000	206 000	161 000	98 000
Total Equity and Debt	166 000	122 000	151 000	131 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−376,27 %	−322,62 %	−2 054,55 %	118,18 %
Debt-to-Equity Ratio	−0,01	−0	−0	0
Operating Profit Margin	53,31 %	35,37 %	30,17 %	30,86 %
Current Ratio	0,1	0,23	0,44	1,34
Quick Ratio	0,1	0,23	0,44	1,34
Equity Ratio	−0,71	−0,69	−0,07	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %