MERIDIAN AS

6512 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

5,96 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	416 000	433 000	448 000	495 000
Net Income	33 000	57 000	71 000	52 000
Total Assets	665 000	618 000	549 000	492 000
Total Equity	554 000	521 000	465 000	394 000

Income (NOK)	2022	2021	2020	2019
Revenue	416 000	433 000	448 000	495 000
Expenditure	375 000	361 000	358 000	438 000
Operating Profit	42 000	73 000	90 000	57 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	42 000	73 000	90 000	56 000
Tax	9 000	16 000	20 000	5 000
Net Income	33 000	57 000	71 000	52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	474 000	352 000	217 000	217 000
Total Current Assets	192 000	266 000	331 000	275 000
Total Assets	665 000	618 000	549 000	492 000
Total Retained Equity	404 000	371 000	315 000	244 000
Total Equity	554 000	521 000	465 000	394 000
Total Long-Term Debt	0	0	1 000	1 000
Total Current Debt	111 000	97 000	83 000	97 000
Total Equity and Debt	665 000	618 000	549 000	492 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	437 000	433 000	448 000	469 000
Other Income	−21 000	0	0	26 000
Revenue	416 000	433 000	448 000	495 000
Cost of Goods Sold	98 000	100 000	105 000	106 000
Salary Costs	182 000	184 000	174 000	252 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	375 000	361 000	358 000	438 000
Operating Profit	42 000	73 000	90 000	57 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	33 000	57 000	71 000	52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	474 000	352 000	217 000	217 000
Total Fixed Assets	474 000	352 000	217 000	217 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	78 000	150 000	244 000	174 000
Total Current Assets	192 000	266 000	331 000	275 000
Total Assets	665 000	618 000	549 000	492 000
Total Equity	554 000	521 000	465 000	394 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000	1 000
Creditors	47 000	26 000	30 000	46 000
Unpaid Taxes	28 000	21 000	10 000	16 000
Dividends	0	0	0	0
Other Current Debt	27 000	33 000	23 000	31 000
Total Current Debt	111 000	97 000	83 000	97 000
Total Equity and Debt	665 000	618 000	549 000	492 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,96 %	10,94 %	15,27 %	13,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,1 %	16,86 %	20,09 %	11,52 %
Current Ratio	1,73	2,74	3,99	2,84
Quick Ratio	1,73	2,74	3,99	2,84
Equity Ratio	0,83	0,84	0,85	0,8
Gross Profit Margin	76,44 %	76,91 %	76,56 %	78,59 %