MEINSTAD LANDHANDEL AS

3854 NISSEDAL

Finances

Share Ownership

Return on Equity

86,08 %

Current Ratio

0,39

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	461 000	739 000	392 000
Net Income	−68 000	−70 000	29 000
Total Assets	159 000	102 000	125 000
Total Equity	−79 000	−11 000	59 000

Income (NOK)	2022	2021	2020
Revenue	461 000	739 000	392 000
Expenditure	529 000	808 000	355 000
Operating Profit	−67 000	−70 000	37 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Earnings Before Tax	−68 000	−70 000	37 000
Tax	0	0	8 000
Net Income	−68 000	−70 000	29 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	67 000	27 000	29 000
Total Current Assets	92 000	75 000	96 000
Total Assets	159 000	102 000	125 000
Total Retained Equity	−109 000	−41 000	29 000
Total Equity	−79 000	−11 000	59 000
Total Long-Term Debt	0	0	0
Total Current Debt	238 000	113 000	66 000
Total Equity and Debt	159 000	102 000	125 000

Cash flow (NOK)	2022	2021	2020
Sales Income	466 000	739 000	367 000
Other Income	−6 000	0	25 000
Revenue	461 000	739 000	392 000
Cost of Goods Sold	340 000	540 000	199 000
Salary Costs	18 000	14 000	37 000
Depreciation	5 000	2 000	2 000
Impairment	0	0	0
Expenditure	529 000	808 000	355 000
Operating Profit	−67 000	−70 000	37 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Dividends	0	0	0
Net Income	−68 000	−70 000	29 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	24 000	27 000	29 000
Machinery and Plant Facilities	0	0	0
Fixtures	43 000	0	0
Total Tangible Assets	67 000	27 000	29 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	67 000	27 000	29 000
Stock	30 000	25 000	30 000
Total Investments	0	0	0
Cash, Bank	47 000	8 000	42 000
Total Current Assets	92 000	75 000	96 000
Total Assets	159 000	102 000	125 000
Total Equity	−79 000	−11 000	59 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	21 000	104 000	9 000
Unpaid Taxes	1 000	0	12 000
Dividends	0	0	0
Other Current Debt	216 000	9 000	37 000
Total Current Debt	238 000	113 000	66 000
Total Equity and Debt	159 000	102 000	125 000

Financial indicators	2022	2021	2020
Return on Equity	86,08 %	636,36 %	49,15 %
Debt-to-Equity Ratio	−0	−0	0
Operating Profit Margin	−14,53 %	−9,47 %	9,44 %
Current Ratio	0,39	0,66	1,45
Quick Ratio	0,44	0,85	2,67
Equity Ratio	−0,5	−0,11	0,47
Gross Profit Margin	26,25 %	26,93 %	49,23 %