MESTERVINDU NORGE AS

5419 FITJAR

Finances

Share Ownership

Return on Equity

−196,56 %

Current Ratio

2,22

Debt-to-Equity Ratio

1,63

Key figures (NOK)	2022	2021	2020
Revenue	10 026 000	54 000	0
Net Income	−6 856 000	−1 801 000	−20 000
Total Assets	11 965 000	11 843 000	19 000
Total Equity	3 488 000	3 927 000	4 000

Income (NOK)	2022	2021	2020
Revenue	10 026 000	54 000	0
Expenditure	16 816 000	2 371 000	20 000
Operating Profit	−6 790 000	−2 316 000	−20 000
Financial Income	11 000	0	0
Financial Costs	429 000	0	0
Financial Balance	−418 000	0	0
Earnings Before Tax	−7 207 000	−2 316 000	−20 000
Tax	−351 000	−515 000	0
Net Income	−6 856 000	−1 801 000	−20 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	5 744 000	5 867 000	0
Total Current Assets	6 222 000	5 976 000	19 000
Total Assets	11 965 000	11 843 000	19 000
Total Retained Equity	−8 683 000	−1 827 000	−26 000
Total Equity	3 488 000	3 927 000	4 000
Total Long-Term Debt	5 677 000	241 000	0
Total Current Debt	2 800 000	5 847 000	15 000
Total Equity and Debt	11 965 000	11 843 000	19 000

Cash flow (NOK)	2022	2021	2020
Sales Income	9 553 000	54 000	0
Other Income	473 000	0	0
Revenue	10 026 000	54 000	0
Cost of Goods Sold	4 666 000	82 000	0
Salary Costs	5 842 000	1 047 000	0
Depreciation	680 000	95 000	0
Impairment	0	0	0
Expenditure	16 816 000	2 371 000	20 000
Operating Profit	−6 790 000	−2 316 000	−20 000
Financial Income	11 000	0	0
Financial Costs	429 000	0	0
Financial Balance	−418 000	0	0
Dividends	0	0	0
Net Income	−6 856 000	−1 801 000	−20 000

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	4 867 000	5 354 000	0
Fixtures	875 000	512 000	0
Total Tangible Assets	5 742 000	5 865 000	0
Total Fiancial Fixed Assets	2 000	2 000	0
Total Fixed Assets	5 744 000	5 867 000	0
Stock	4 295 000	1 113 000	0
Total Investments	0	0	0
Cash, Bank	−238 000	276 000	19 000
Total Current Assets	6 222 000	5 976 000	19 000
Total Assets	11 965 000	11 843 000	19 000
Total Equity	3 488 000	3 927 000	4 000
Short-Term Group Debt	0	4 800 000	0
Total Long-Term Debt	5 677 000	241 000	0
Creditors	1 185 000	508 000	15 000
Unpaid Taxes	507 000	156 000	0
Dividends	0	0	0
Other Current Debt	1 108 000	383 000	0
Total Current Debt	2 800 000	5 847 000	15 000
Total Equity and Debt	11 965 000	11 843 000	19 000

Financial indicators	2022	2021	2020
Return on Equity	−196,56 %	−45,86 %	−500 %
Debt-to-Equity Ratio	1,63	0,06	0
Operating Profit Margin	−67,72 %	−4 288,89 %	-
Current Ratio	2,22	1,02	1,27
Quick Ratio	−4,16	1,26	1,27
Equity Ratio	0,29	0,33	0,21
Gross Profit Margin	53,46 %	−51,85 %	-