MEHREN HOLDING AS

0789 OSLO

Finances

Return on Equity

39,29 %

Current Ratio

1,75

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	201 869 000	175 589 000	147 779 000	152 994 000
Net Income	14 267 000	6 389 000	11 932 000	−2 259 000
Total Assets	76 989 000	63 650 000	63 346 000	69 050 000
Total Equity	36 312 000	28 180 000	27 513 000	19 291 000

Income (NOK)	2022	2021	2020	2019
Revenue	201 869 000	175 589 000	147 779 000	152 994 000
Expenditure	183 442 000	167 088 000	132 942 000	151 617 000
Operating Profit	18 427 000	8 501 000	14 837 000	1 377 000
Financial Income	3 886 000	2 746 000	4 957 000	1 224 000
Financial Costs	4 975 000	4 578 000	5 038 000	4 749 000
Financial Balance	−1 089 000	−1 832 000	−81 000	−3 525 000
Earnings Before Tax	17 338 000	6 669 000	14 756 000	−2 148 000
Tax	3 071 000	280 000	2 824 000	111 000
Net Income	14 267 000	6 389 000	11 932 000	−2 259 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 364 000	22 463 000	25 762 000	36 938 000
Total Current Assets	56 625 000	41 187 000	37 584 000	32 112 000
Total Assets	76 989 000	63 650 000	63 346 000	69 050 000
Total Retained Equity	26 312 000	18 180 000	17 513 000	9 291 000
Total Equity	36 312 000	28 180 000	27 513 000	19 291 000
Total Long-Term Debt	8 300 000	10 447 000	13 055 000	20 517 000
Total Current Debt	32 377 000	25 023 000	22 778 000	29 242 000
Total Equity and Debt	76 989 000	63 650 000	63 346 000	69 050 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	201 317 000	174 789 000	138 568 000	145 840 000
Other Income	552 000	800 000	9 211 000	7 154 000
Revenue	201 869 000	175 589 000	147 779 000	152 994 000
Cost of Goods Sold	75 406 000	72 375 000	50 325 000	54 520 000
Salary Costs	61 618 000	57 555 000	51 515 000	54 928 000
Depreciation	4 018 000	4 407 000	5 227 000	5 842 000
Impairment	0	0	1 890 000	0
Expenditure	183 442 000	167 088 000	132 942 000	151 617 000
Operating Profit	18 427 000	8 501 000	14 837 000	1 377 000
Financial Income	3 886 000	2 746 000	4 957 000	1 224 000
Financial Costs	4 975 000	4 578 000	5 038 000	4 749 000
Financial Balance	−1 089 000	−1 832 000	−81 000	−3 525 000
Dividends	0	0	4 150 000	3 350 000
Net Income	14 267 000	6 389 000	11 932 000	−2 259 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	351 000	661 000
Total Intangible Assets	0	0	351 000	661 000
Real Eastate	9 653 000	10 378 000	11 817 000	22 278 000
Machinery and Plant Facilities	6 402 000	7 287 000	8 980 000	10 776 000
Fixtures	676 000	1 600 000	924 000	1 391 000
Total Tangible Assets	17 488 000	19 265 000	21 721 000	34 445 000
Total Fiancial Fixed Assets	2 876 000	3 198 000	3 690 000	1 832 000
Total Fixed Assets	20 364 000	22 463 000	25 762 000	36 938 000
Stock	24 216 000	20 404 000	15 793 000	14 074 000
Total Investments	0	0	0	0
Cash, Bank	6 091 000	3 538 000	10 239 000	1 948 000
Total Current Assets	56 625 000	41 187 000	37 584 000	32 112 000
Total Assets	76 989 000	63 650 000	63 346 000	69 050 000
Total Equity	36 312 000	28 180 000	27 513 000	19 291 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 300 000	10 447 000	13 055 000	20 517 000
Creditors	5 360 000	8 620 000	3 262 000	2 437 000
Unpaid Taxes	3 546 000	3 887 000	3 045 000	2 693 000
Dividends	0	0	4 150 000	3 350 000
Other Current Debt	11 149 000	7 413 000	11 794 000	11 508 000
Total Current Debt	32 377 000	25 023 000	22 778 000	29 242 000
Total Equity and Debt	76 989 000	63 650 000	63 346 000	69 050 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,29 %	22,67 %	43,37 %	−11,71 %
Debt-to-Equity Ratio	0,23	0,37	0,47	1,06
Operating Profit Margin	9,13 %	4,84 %	10,04 %	0,9 %
Current Ratio	1,75	1,65	1,65	1,1
Quick Ratio	6,94	8,92	5,38	2,12
Equity Ratio	0,47	0,44	0,43	0,28
Gross Profit Margin	62,65 %	58,78 %	65,95 %	64,36 %