MEKO NORGE AS

3210 SANDEFJORD

Finances

Share Ownership

Return on Equity

−525 %

Current Ratio

0,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 549 000	2 748 000	163 000
Net Income	−63 000	36 000	14 000
Total Assets	387 000	578 000	322 000
Total Equity	12 000	74 000	39 000

Income (NOK)	2022	2021	2020
Revenue	2 549 000	2 748 000	163 000
Expenditure	2 600 000	2 684 000	146 000
Operating Profit	−50 000	63 000	18 000
Financial Income	0	0	0
Financial Costs	12 000	10 000	1 000
Financial Balance	−12 000	−10 000	−1 000
Earnings Before Tax	−63 000	53 000	17 000
Tax	0	18 000	2 000
Net Income	−63 000	36 000	14 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	300 000	300 000	205 000
Total Current Assets	87 000	278 000	117 000
Total Assets	387 000	578 000	322 000
Total Retained Equity	−27 000	36 000	9 000
Total Equity	12 000	74 000	39 000
Total Long-Term Debt	0	0	0
Total Current Debt	375 000	504 000	284 000
Total Equity and Debt	387 000	578 000	322 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 549 000	2 639 000	163 000
Other Income	0	109 000	0
Revenue	2 549 000	2 748 000	163 000
Cost of Goods Sold	363 000	265 000	0
Salary Costs	1 341 000	1 491 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	2 600 000	2 684 000	146 000
Operating Profit	−50 000	63 000	18 000
Financial Income	0	0	0
Financial Costs	12 000	10 000	1 000
Financial Balance	−12 000	−10 000	−1 000
Dividends	0	0	0
Net Income	−63 000	36 000	14 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	300 000	300 000	150 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	55 000
Total Fixed Assets	300 000	300 000	205 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	74 000	245 000	51 000
Total Current Assets	87 000	278 000	117 000
Total Assets	387 000	578 000	322 000
Total Equity	12 000	74 000	39 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	13 000	−7 000	50 000
Unpaid Taxes	113 000	343 000	0
Dividends	0	0	0
Other Current Debt	149 000	150 000	191 000
Total Current Debt	375 000	504 000	284 000
Total Equity and Debt	387 000	578 000	322 000

Financial indicators	2022	2021	2020
Return on Equity	−525 %	48,65 %	35,9 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−1,96 %	2,29 %	11,04 %
Current Ratio	0,23	0,55	0,41
Quick Ratio	0,23	0,55	0,41
Equity Ratio	0,03	0,13	0,12
Gross Profit Margin	85,76 %	90,36 %	100 %