METTE ANDESTAD AS

6008 ÅLESUND

Finances

Return on Equity

4,22 %

Current Ratio

−554

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	458 000	362 000	590 000	558 000
Net Income	61 000	−227 000	101 000	5 000
Total Assets	1 445 000	1 713 000	2 303 000	2 618 000
Total Equity	1 446 000	1 685 000	1 913 000	2 511 000

Income (NOK)	2022	2021	2020	2019
Revenue	458 000	362 000	590 000	558 000
Expenditure	387 000	655 000	464 000	554 000
Operating Profit	70 000	−293 000	127 000	4 000
Financial Income	9 000	2 000	4 000	4 000
Financial Costs	1 000	0	0	2 000
Financial Balance	8 000	2 000	4 000	2 000
Earnings Before Tax	79 000	−291 000	130 000	6 000
Tax	17 000	−64 000	29 000	1 000
Net Income	61 000	−227 000	101 000	5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	337 000	418 000	499 000	1 601 000
Total Current Assets	1 108 000	1 294 000	1 805 000	1 017 000
Total Assets	1 445 000	1 713 000	2 303 000	2 618 000
Total Retained Equity	1 330 000	1 569 000	1 797 000	2 395 000
Total Equity	1 446 000	1 685 000	1 913 000	2 511 000
Total Long-Term Debt	0	0	42 000	29 000
Total Current Debt	−2 000	28 000	348 000	78 000
Total Equity and Debt	1 445 000	1 713 000	2 303 000	2 618 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 000	0	20 000	0
Other Income	446 000	362 000	570 000	558 000
Revenue	458 000	362 000	590 000	558 000
Cost of Goods Sold	0	0	0	120 000
Salary Costs	18 000	19 000	19 000	19 000
Depreciation	64 000	102 000	102 000	102 000
Impairment	0	0	0	0
Expenditure	387 000	655 000	464 000	554 000
Operating Profit	70 000	−293 000	127 000	4 000
Financial Income	9 000	2 000	4 000	4 000
Financial Costs	1 000	0	0	2 000
Financial Balance	8 000	2 000	4 000	2 000
Dividends	0	0	280 000	0
Net Income	61 000	−227 000	101 000	5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	22 000	0	0
Real Eastate	288 000	298 000	309 000	1 319 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	70 000	162 000	253 000
Total Tangible Assets	305 000	369 000	470 000	1 572 000
Total Fiancial Fixed Assets	28 000	28 000	28 000	28 000
Total Fixed Assets	337 000	418 000	499 000	1 601 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 052 000	1 239 000	1 622 000	847 000
Total Current Assets	1 108 000	1 294 000	1 805 000	1 017 000
Total Assets	1 445 000	1 713 000	2 303 000	2 618 000
Total Equity	1 446 000	1 685 000	1 913 000	2 511 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	42 000	29 000
Creditors	0	3 000	26 000	1 000
Unpaid Taxes	0	0	0	44 000
Dividends	0	0	280 000	0
Other Current Debt	−2 000	24 000	27 000	20 000
Total Current Debt	−2 000	28 000	348 000	78 000
Total Equity and Debt	1 445 000	1 713 000	2 303 000	2 618 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,22 %	−13,47 %	5,28 %	0,2 %
Debt-to-Equity Ratio	0	0	0,02	0,01
Operating Profit Margin	15,28 %	−80,94 %	21,53 %	0,72 %
Current Ratio	−554	46,21	5,19	13,04
Quick Ratio	−554	46,21	5,19	13,04
Equity Ratio	1	0,98	0,83	0,96
Gross Profit Margin	100 %	100 %	100 %	78,49 %