MYRE ELEKTRO TEKNIKK AS

9310 SØRREISA

Finances

Return on Equity

40,13 %

Current Ratio

1,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 562 000	45 635 000	25 239 000	21 852 000
Net Income	2 036 000	−3 577 000	1 540 000	406 000
Total Assets	12 263 000	12 685 000	13 065 000	9 454 000
Total Equity	5 073 000	3 036 000	6 614 000	5 854 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 562 000	45 635 000	25 239 000	21 852 000
Expenditure	23 801 000	50 453 000	23 321 000	21 405 000
Operating Profit	2 761 000	−4 818 000	1 918 000	447 000
Financial Income	97 000	243 000	68 000	86 000
Financial Costs	247 000	11 000	11 000	12 000
Financial Balance	−150 000	232 000	57 000	74 000
Earnings Before Tax	2 611 000	−4 586 000	1 974 000	520 000
Tax	574 000	−1 009 000	434 000	114 000
Net Income	2 036 000	−3 577 000	1 540 000	406 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	297 000	1 490 000	778 000	654 000
Total Current Assets	11 966 000	11 195 000	12 287 000	8 800 000
Total Assets	12 263 000	12 685 000	13 065 000	9 454 000
Total Retained Equity	2 304 000	1 148 000	4 725 000	3 965 000
Total Equity	5 073 000	3 036 000	6 614 000	5 854 000
Total Long-Term Debt	0	0	192 000	3 000
Total Current Debt	7 190 000	9 649 000	6 260 000	3 597 000
Total Equity and Debt	12 263 000	12 685 000	13 065 000	9 454 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 744 000	45 044 000	24 648 000	21 252 000
Other Income	818 000	591 000	591 000	600 000
Revenue	26 562 000	45 635 000	25 239 000	21 852 000
Cost of Goods Sold	8 516 000	32 935 000	9 122 000	8 085 000
Salary Costs	12 459 000	14 615 000	11 575 000	10 745 000
Depreciation	207 000	315 000	243 000	152 000
Impairment	0	0	0	0
Expenditure	23 801 000	50 453 000	23 321 000	21 405 000
Operating Profit	2 761 000	−4 818 000	1 918 000	447 000
Financial Income	97 000	243 000	68 000	86 000
Financial Costs	247 000	11 000	11 000	12 000
Financial Balance	−150 000	232 000	57 000	74 000
Dividends	0	0	0	0
Net Income	2 036 000	−3 577 000	1 540 000	406 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	833 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	287 000	657 000	778 000	654 000
Total Tangible Assets	287 000	657 000	778 000	654 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	297 000	1 490 000	778 000	654 000
Stock	3 718 000	4 149 000	2 999 000	3 160 000
Total Investments	10 000	10 000	10 000	10 000
Cash, Bank	590 000	3 812 000	3 978 000	2 281 000
Total Current Assets	11 966 000	11 195 000	12 287 000	8 800 000
Total Assets	12 263 000	12 685 000	13 065 000	9 454 000
Total Equity	5 073 000	3 036 000	6 614 000	5 854 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	192 000	3 000
Creditors	181 000	3 875 000	319 000	237 000
Unpaid Taxes	1 731 000	657 000	2 225 000	1 673 000
Dividends	0	0	0	0
Other Current Debt	5 278 000	5 100 000	3 691 000	1 688 000
Total Current Debt	7 190 000	9 649 000	6 260 000	3 597 000
Total Equity and Debt	12 263 000	12 685 000	13 065 000	9 454 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,13 %	−117,82 %	23,28 %	6,94 %
Debt-to-Equity Ratio	0	0	0,03	0
Operating Profit Margin	10,39 %	−10,56 %	7,6 %	2,05 %
Current Ratio	1,66	1,16	1,96	2,45
Quick Ratio	3,45	2,04	3,77	20,14
Equity Ratio	0,41	0,24	0,51	0,62
Gross Profit Margin	67,94 %	27,83 %	63,86 %	63 %