MEKAN AS

3880 DALEN

Finances

Share Ownership

Return on Equity

−55,53 %

Current Ratio

0,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 776 000	822 000	137 000
Net Income	−3 421 000	−2 218 000	−1 120 000
Total Assets	11 005 000	5 105 000	5 769 000
Total Equity	6 161 000	−2 018 000	201 000

Income (NOK)	2022	2021	2020
Revenue	1 776 000	822 000	137 000
Expenditure	5 079 000	3 563 000	1 256 000
Operating Profit	−3 413 000	−2 217 000	−1 120 000
Financial Income	2 000	0	0
Financial Costs	11 000	2 000	0
Financial Balance	−9 000	−2 000	0
Earnings Before Tax	−3 421 000	−2 218 000	−1 120 000
Tax	0	0	0
Net Income	−3 421 000	−2 218 000	−1 120 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	8 628 000	3 324 000	3 960 000
Total Current Assets	2 378 000	1 782 000	1 808 000
Total Assets	11 005 000	5 105 000	5 769 000
Total Retained Equity	−5 539 000	−2 118 000	0
Total Equity	6 161 000	−2 018 000	201 000
Total Long-Term Debt	0	5 480 000	4 993 000
Total Current Debt	4 844 000	1 643 000	575 000
Total Equity and Debt	11 005 000	5 105 000	5 769 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 755 000	762 000	137 000
Other Income	21 000	60 000	0
Revenue	1 776 000	822 000	137 000
Cost of Goods Sold	813 000	1 778 000	60 000
Salary Costs	2 225 000	582 000	891 000
Depreciation	451 000	320 000	0
Impairment	0	0	0
Expenditure	5 079 000	3 563 000	1 256 000
Operating Profit	−3 413 000	−2 217 000	−1 120 000
Financial Income	2 000	0	0
Financial Costs	11 000	2 000	0
Financial Balance	−9 000	−2 000	0
Dividends	0	0	0
Net Income	−3 421 000	−2 218 000	−1 120 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	150 000	150 000	150 000
Real Eastate	0	0	0
Machinery and Plant Facilities	8 180 000	3 170 000	3 810 000
Fixtures	298 000	4 000	0
Total Tangible Assets	8 478 000	3 174 000	3 810 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	8 628 000	3 324 000	3 960 000
Stock	1 226 000	959 000	225 000
Total Investments	0	0	0
Cash, Bank	559 000	348 000	245 000
Total Current Assets	2 378 000	1 782 000	1 808 000
Total Assets	11 005 000	5 105 000	5 769 000
Total Equity	6 161 000	−2 018 000	201 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	5 480 000	4 993 000
Creditors	3 158 000	114 000	244 000
Unpaid Taxes	293 000	167 000	245 000
Dividends	0	0	0
Other Current Debt	1 394 000	1 361 000	86 000
Total Current Debt	4 844 000	1 643 000	575 000
Total Equity and Debt	11 005 000	5 105 000	5 769 000

Financial indicators	2022	2021	2020
Return on Equity	−55,53 %	109,91 %	−557,21 %
Debt-to-Equity Ratio	0	−2,72	24,84
Operating Profit Margin	−192,17 %	−269,71 %	−817,52 %
Current Ratio	0,49	1,08	3,14
Quick Ratio	0,66	2,61	5,17
Equity Ratio	0,56	−0,4	0,03
Gross Profit Margin	54,22 %	−116,3 %	56,2 %