ERLING MYKLEBUST MEK VERKSTED AS

6295 MYKLEBOST

Finances

Return on Equity

6,05 %

Current Ratio

8,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 224 000	13 165 000	13 755 000	15 088 000
Net Income	1 743 000	497 000	−136 000	−645 000
Total Assets	31 994 000	29 334 000	28 944 000	29 821 000
Total Equity	28 828 000	27 085 000	26 588 000	26 724 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 224 000	13 165 000	13 755 000	15 088 000
Expenditure	15 154 000	12 584 000	13 996 000	16 011 000
Operating Profit	2 071 000	581 000	−241 000	−924 000
Financial Income	165 000	57 000	67 000	105 000
Financial Costs	0	0	0	5 000
Financial Balance	165 000	57 000	67 000	100 000
Earnings Before Tax	2 235 000	638 000	−174 000	−824 000
Tax	492 000	141 000	−38 000	−179 000
Net Income	1 743 000	497 000	−136 000	−645 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 495 000	7 480 000	8 703 000	9 738 000
Total Current Assets	25 498 000	21 854 000	20 240 000	20 083 000
Total Assets	31 994 000	29 334 000	28 944 000	29 821 000
Total Retained Equity	24 928 000	23 185 000	22 688 000	22 824 000
Total Equity	28 828 000	27 085 000	26 588 000	26 724 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 166 000	2 249 000	2 356 000	3 097 000
Total Equity and Debt	31 994 000	29 334 000	28 944 000	29 821 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 224 000	13 165 000	13 755 000	15 088 000
Other Income	0	0	0	0
Revenue	17 224 000	13 165 000	13 755 000	15 088 000
Cost of Goods Sold	4 668 000	3 115 000	3 953 000	5 435 000
Salary Costs	7 422 000	6 442 000	6 499 000	6 542 000
Depreciation	1 215 000	1 214 000	1 190 000	1 987 000
Impairment	0	0	0	0
Expenditure	15 154 000	12 584 000	13 996 000	16 011 000
Operating Profit	2 071 000	581 000	−241 000	−924 000
Financial Income	165 000	57 000	67 000	105 000
Financial Costs	0	0	0	5 000
Financial Balance	165 000	57 000	67 000	100 000
Dividends	0	0	0	0
Net Income	1 743 000	497 000	−136 000	−645 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 081 000	1 145 000	1 229 000	1 191 000
Real Eastate	3 929 000	4 242 000	4 555 000	4 868 000
Machinery and Plant Facilities	1 111 000	1 963 000	2 740 000	3 577 000
Fixtures	260 000	75 000	124 000	47 000
Total Tangible Assets	5 300 000	6 280 000	7 419 000	8 492 000
Total Fiancial Fixed Assets	114 000	55 000	55 000	55 000
Total Fixed Assets	6 495 000	7 480 000	8 703 000	9 738 000
Stock	7 481 000	7 497 000	7 236 000	7 708 000
Total Investments	0	0	0	0
Cash, Bank	15 740 000	13 345 000	10 830 000	10 506 000
Total Current Assets	25 498 000	21 854 000	20 240 000	20 083 000
Total Assets	31 994 000	29 334 000	28 944 000	29 821 000
Total Equity	28 828 000	27 085 000	26 588 000	26 724 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	469 000	565 000	371 000	843 000
Unpaid Taxes	946 000	393 000	707 000	776 000
Dividends	0	0	0	0
Other Current Debt	1 322 000	1 234 000	1 278 000	1 478 000
Total Current Debt	3 166 000	2 249 000	2 356 000	3 097 000
Total Equity and Debt	31 994 000	29 334 000	28 944 000	29 821 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,05 %	1,83 %	−0,51 %	−2,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,02 %	4,41 %	−1,75 %	−6,12 %
Current Ratio	8,05	9,72	8,59	6,48
Quick Ratio	−5,91	−4,16	−4,15	−4,36
Equity Ratio	0,9	0,92	0,92	0,9
Gross Profit Margin	72,9 %	76,34 %	71,26 %	63,98 %