MEQ EIENDOMSUTVIKLING AS

6018 ÅLESUND

Finances

Share Ownership

Return on Equity

33,23 %

Current Ratio

36,91

Debt-to-Equity Ratio

2,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 774 000	6 490 000	1 319 000	0
Net Income	753 000	564 000	−42 000	2 000
Total Assets	8 564 000	12 714 000	3 886 000	1 417 000
Total Equity	2 266 000	1 513 000	949 000	291 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 774 000	6 490 000	1 319 000	0
Expenditure	9 623 000	14 393 000	4 748 000	0
Operating Profit	966 000	723 000	−55 000	0
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Earnings Before Tax	966 000	723 000	−54 000	0
Tax	213 000	159 000	−12 000	−3 000
Net Income	753 000	564 000	−42 000	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	15 000	3 000
Total Current Assets	8 564 000	12 714 000	3 871 000	1 414 000
Total Assets	8 564 000	12 714 000	3 886 000	1 417 000
Total Retained Equity	1 278 000	525 000	−40 000	2 000
Total Equity	2 266 000	1 513 000	949 000	291 000
Total Long-Term Debt	6 066 000	10 939 000	2 887 000	1 126 000
Total Current Debt	232 000	262 000	50 000	0
Total Equity and Debt	8 564 000	12 714 000	3 886 000	1 417 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 774 000	6 490 000	1 319 000	0
Other Income	0	0	0	0
Revenue	14 774 000	6 490 000	1 319 000	0
Cost of Goods Sold	9 514 000	14 293 000	4 715 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 623 000	14 393 000	4 748 000	0
Operating Profit	966 000	723 000	−55 000	0
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Dividends	0	0	0	0
Net Income	753 000	564 000	−42 000	2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	15 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	15 000	3 000
Stock	7 816 000	12 001 000	3 375 000	1 367 000
Total Investments	0	0	0	0
Cash, Bank	748 000	713 000	497 000	47 000
Total Current Assets	8 564 000	12 714 000	3 871 000	1 414 000
Total Assets	8 564 000	12 714 000	3 886 000	1 417 000
Total Equity	2 266 000	1 513 000	949 000	291 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 066 000	10 939 000	2 887 000	1 126 000
Creditors	18 000	53 000	50 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 000	65 000	0	0
Total Current Debt	232 000	262 000	50 000	0
Total Equity and Debt	8 564 000	12 714 000	3 886 000	1 417 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,23 %	37,28 %	−4,43 %	0,69 %
Debt-to-Equity Ratio	2,68	7,23	3,04	3,87
Operating Profit Margin	6,54 %	11,14 %	−4,17 %	-
Current Ratio	36,91	48,53	77,42	-
Quick Ratio	−1,13	−1,08	−1,16	−1,03
Equity Ratio	0,26	0,12	0,24	0,21
Gross Profit Margin	35,6 %	−120,23 %	−257,47 %	-