MERCANOR AS

8400 SORTLAND

Finances

Share Ownership

Return on Equity

12,5 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	84 000	95 000	97 000	86 000
Net Income	7 000	4 000	10 000	−10 000
Total Assets	132 000	56 000	47 000	64 000
Total Equity	56 000	48 000	45 000	37 000

Income (NOK)	2022	2021	2020	2019
Revenue	84 000	95 000	97 000	86 000
Expenditure	75 000	80 000	87 000	98 000
Operating Profit	9 000	15 000	10 000	−12 000
Financial Income	0	0	0	0
Financial Costs	0	11 000	0	0
Financial Balance	0	−11 000	0	0
Earnings Before Tax	9 000	5 000	10 000	−12 000
Tax	2 000	1 000	0	−2 000
Net Income	7 000	4 000	10 000	−10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	2 000
Total Current Assets	132 000	56 000	47 000	62 000
Total Assets	132 000	56 000	47 000	64 000
Total Retained Equity	−44 000	−52 000	−55 000	−63 000
Total Equity	56 000	48 000	45 000	37 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	77 000	7 000	2 000	26 000
Total Equity and Debt	132 000	56 000	47 000	64 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	84 000	95 000	97 000	86 000
Other Income	0	0	0	0
Revenue	84 000	95 000	97 000	86 000
Cost of Goods Sold	0	4 000	0	3 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	75 000	80 000	87 000	98 000
Operating Profit	9 000	15 000	10 000	−12 000
Financial Income	0	0	0	0
Financial Costs	0	11 000	0	0
Financial Balance	0	−11 000	0	0
Dividends	0	0	0	0
Net Income	7 000	4 000	10 000	−10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 000
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	0	0	0	0
Total Fixed Assets	0	0	0	2 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	1 000	12 000
Total Current Assets	132 000	56 000	47 000	62 000
Total Assets	132 000	56 000	47 000	64 000
Total Equity	56 000	48 000	45 000	37 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	24 000
Unpaid Taxes	0	3 000	2 000	2 000
Dividends	0	0	0	0
Other Current Debt	75 000	4 000	0	0
Total Current Debt	77 000	7 000	2 000	26 000
Total Equity and Debt	132 000	56 000	47 000	64 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,5 %	8,33 %	22,22 %	−27,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,71 %	15,79 %	10,31 %	−13,95 %
Current Ratio	1,71	8	23,5	2,38
Quick Ratio	1,71	8	23,5	2,38
Equity Ratio	0,42	0,86	0,96	0,58
Gross Profit Margin	100 %	95,79 %	100 %	96,51 %