MREXX MOTOR AS

3027 DRAMMEN

Finances

Share Ownership

Return on Equity

76,6 %

Current Ratio

0,91

Debt-to-Equity Ratio

−0,69

Key figures (NOK)	2022	2021	2020
Revenue	22 613 000	17 397 000	10 765 000
Net Income	−1 313 000	−1 921 000	−4 474 000
Total Assets	9 633 000	8 196 000	4 464 000
Total Equity	−1 714 000	−401 000	−4 379 000

Income (NOK)	2022	2021	2020
Revenue	22 613 000	17 397 000	10 765 000
Expenditure	23 718 000	19 116 000	15 145 000
Operating Profit	−1 105 000	−1 719 000	−4 380 000
Financial Income	3 000	1 000	4 000
Financial Costs	211 000	203 000	98 000
Financial Balance	−208 000	−202 000	−94 000
Earnings Before Tax	−1 313 000	−1 921 000	−4 474 000
Tax	0	0	0
Net Income	−1 313 000	−1 921 000	−4 474 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	385 000	521 000	344 000
Total Current Assets	9 248 000	7 675 000	4 120 000
Total Assets	9 633 000	8 196 000	4 464 000
Total Retained Equity	−7 708 000	−6 395 000	−4 474 000
Total Equity	−1 714 000	−401 000	−4 379 000
Total Long-Term Debt	1 175 000	1 207 000	3 193 000
Total Current Debt	10 172 000	7 390 000	5 651 000
Total Equity and Debt	9 633 000	8 196 000	4 464 000

Cash flow (NOK)	2022	2021	2020
Sales Income	22 481 000	17 321 000	10 747 000
Other Income	132 000	76 000	18 000
Revenue	22 613 000	17 397 000	10 765 000
Cost of Goods Sold	16 587 000	12 474 000	9 219 000
Salary Costs	4 103 000	3 959 000	3 455 000
Depreciation	136 000	122 000	67 000
Impairment	0	0	0
Expenditure	23 718 000	19 116 000	15 145 000
Operating Profit	−1 105 000	−1 719 000	−4 380 000
Financial Income	3 000	1 000	4 000
Financial Costs	211 000	203 000	98 000
Financial Balance	−208 000	−202 000	−94 000
Dividends	0	0	0
Net Income	−1 313 000	−1 921 000	−4 474 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	385 000	521 000	344 000
Total Tangible Assets	385 000	521 000	344 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	385 000	521 000	344 000
Stock	7 334 000	5 795 000	3 705 000
Total Investments	0	0	0
Cash, Bank	168 000	115 000	171 000
Total Current Assets	9 248 000	7 675 000	4 120 000
Total Assets	9 633 000	8 196 000	4 464 000
Total Equity	−1 714 000	−401 000	−4 379 000
Short-Term Group Debt	3 766 000	48 000	0
Total Long-Term Debt	1 175 000	1 207 000	3 193 000
Creditors	3 492 000	2 100 000	1 816 000
Unpaid Taxes	515 000	1 704 000	926 000
Dividends	0	0	0
Other Current Debt	715 000	638 000	484 000
Total Current Debt	10 172 000	7 390 000	5 651 000
Total Equity and Debt	9 633 000	8 196 000	4 464 000

Financial indicators	2022	2021	2020
Return on Equity	76,6 %	479,05 %	102,17 %
Debt-to-Equity Ratio	−0,69	−3,01	−0,73
Operating Profit Margin	−4,89 %	−9,88 %	−40,69 %
Current Ratio	0,91	1,04	0,73
Quick Ratio	3,26	4,81	2,12
Equity Ratio	−0,18	−0,05	−0,98
Gross Profit Margin	26,65 %	28,3 %	14,36 %