MEKVIK EIENDOM AS

6517 KRISTIANSUND N

Finances

Return on Equity

71 %

Current Ratio

5,47

Debt-to-Equity Ratio

0,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	876 000	876 000	864 000	848 000
Net Income	1 322 000	541 000	521 000	466 000
Total Assets	3 661 000	4 873 000	4 562 000	5 556 000
Total Equity	1 862 000	539 000	2 198 000	1 678 000

Income (NOK)	2022	2021	2020	2019
Revenue	876 000	876 000	864 000	848 000
Expenditure	167 000	162 000	157 000	207 000
Operating Profit	709 000	714 000	706 000	641 000
Financial Income	811 000	17 000	9 000	24 000
Financial Costs	51 000	37 000	48 000	68 000
Financial Balance	760 000	−20 000	−39 000	−44 000
Earnings Before Tax	1 468 000	694 000	667 000	597 000
Tax	146 000	153 000	147 000	132 000
Net Income	1 322 000	541 000	521 000	466 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 759 000	1 636 000	1 941 000	2 040 000
Total Current Assets	1 902 000	3 237 000	2 622 000	3 515 000
Total Assets	3 661 000	4 873 000	4 562 000	5 556 000
Total Retained Equity	1 362 000	39 000	1 698 000	1 178 000
Total Equity	1 862 000	539 000	2 198 000	1 678 000
Total Long-Term Debt	1 451 000	1 681 000	1 933 000	2 194 000
Total Current Debt	348 000	2 653 000	431 000	1 684 000
Total Equity and Debt	3 661 000	4 873 000	4 562 000	5 556 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	876 000	876 000	864 000	848 000
Revenue	876 000	876 000	864 000	848 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	101 000	99 000	99 000	99 000
Impairment	0	0	0	0
Expenditure	167 000	162 000	157 000	207 000
Operating Profit	709 000	714 000	706 000	641 000
Financial Income	811 000	17 000	9 000	24 000
Financial Costs	51 000	37 000	48 000	68 000
Financial Balance	760 000	−20 000	−39 000	−44 000
Dividends	0	2 200 000	0	1 279 000
Net Income	1 322 000	541 000	521 000	466 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 028 000	1 127 000	1 227 000	1 326 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	231 000	0	0	0
Total Tangible Assets	1 259 000	1 127 000	1 227 000	1 326 000
Total Fiancial Fixed Assets	500 000	509 000	714 000	714 000
Total Fixed Assets	1 759 000	1 636 000	1 941 000	2 040 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 895 000	3 230 000	2 615 000	2 230 000
Total Current Assets	1 902 000	3 237 000	2 622 000	3 515 000
Total Assets	3 661 000	4 873 000	4 562 000	5 556 000
Total Equity	1 862 000	539 000	2 198 000	1 678 000
Short-Term Group Debt	6 000	6 000	6 000	0
Total Long-Term Debt	1 451 000	1 681 000	1 933 000	2 194 000
Creditors	5 000	21 000	0	0
Unpaid Taxes	151 000	211 000	208 000	192 000
Dividends	0	2 200 000	0	1 279 000
Other Current Debt	10 000	10 000	9 000	9 000
Total Current Debt	348 000	2 653 000	431 000	1 684 000
Total Equity and Debt	3 661 000	4 873 000	4 562 000	5 556 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71 %	100,37 %	23,7 %	27,77 %
Debt-to-Equity Ratio	0,78	3,12	0,88	1,31
Operating Profit Margin	80,94 %	81,51 %	81,71 %	75,59 %
Current Ratio	5,47	1,22	6,08	2,09
Quick Ratio	5,47	1,22	6,08	2,09
Equity Ratio	0,51	0,11	0,48	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %