MERKANTILTEAM AS

3262 LARVIK

Finances

Share Ownership

Return on Equity

103,3 %

Current Ratio

2,32

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 046 000	5 316 000	5 130 000	6 114 000
Net Income	3 383 000	1 298 000	878 000	455 000
Total Assets	6 932 000	3 303 000	2 771 000	4 105 000
Total Equity	3 275 000	1 391 000	872 000	564 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 046 000	5 316 000	5 130 000	6 114 000
Expenditure	4 068 000	3 872 000	4 181 000	5 837 000
Operating Profit	3 978 000	1 443 000	949 000	278 000
Financial Income	362 000	223 000	342 000	444 000
Financial Costs	3 000	18 000	155 000	162 000
Financial Balance	359 000	205 000	187 000	282 000
Earnings Before Tax	4 337 000	1 648 000	1 137 000	559 000
Tax	954 000	349 000	259 000	104 000
Net Income	3 383 000	1 298 000	878 000	455 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	125 000	193 000	291 000
Total Current Assets	6 932 000	3 179 000	2 577 000	3 814 000
Total Assets	6 932 000	3 303 000	2 771 000	4 105 000
Total Retained Equity	3 245 000	1 361 000	842 000	164 000
Total Equity	3 275 000	1 391 000	872 000	564 000
Total Long-Term Debt	671 000	140 000	435 000	185 000
Total Current Debt	2 986 000	1 773 000	1 463 000	3 355 000
Total Equity and Debt	6 932 000	3 303 000	2 771 000	4 105 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 966 000	5 316 000	5 130 000	6 114 000
Other Income	3 080 000	0	0	0
Revenue	8 046 000	5 316 000	5 130 000	6 114 000
Cost of Goods Sold	1 381 000	387 000	455 000	288 000
Salary Costs	1 426 000	1 789 000	1 962 000	3 001 000
Depreciation	0	68 000	97 000	81 000
Impairment	0	0	0	0
Expenditure	4 068 000	3 872 000	4 181 000	5 837 000
Operating Profit	3 978 000	1 443 000	949 000	278 000
Financial Income	362 000	223 000	342 000	444 000
Financial Costs	3 000	18 000	155 000	162 000
Financial Balance	359 000	205 000	187 000	282 000
Dividends	0	0	200 000	0
Net Income	3 383 000	1 298 000	878 000	455 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	120 000	188 000	257 000
Total Intangible Assets	0	120 000	188 000	257 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	29 000
Total Tangible Assets	0	0	0	29 000
Total Fiancial Fixed Assets	0	5 000	5 000	5 000
Total Fixed Assets	0	125 000	193 000	291 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 435 000	932 000	197 000	94 000
Total Current Assets	6 932 000	3 179 000	2 577 000	3 814 000
Total Assets	6 932 000	3 303 000	2 771 000	4 105 000
Total Equity	3 275 000	1 391 000	872 000	564 000
Short-Term Group Debt	1 922 000	1 000 000	0	0
Total Long-Term Debt	671 000	140 000	435 000	185 000
Creditors	115 000	235 000	175 000	2 218 000
Unpaid Taxes	140 000	250 000	234 000	292 000
Dividends	0	0	200 000	0
Other Current Debt	809 000	200 000	591 000	287 000
Total Current Debt	2 986 000	1 773 000	1 463 000	3 355 000
Total Equity and Debt	6 932 000	3 303 000	2 771 000	4 105 000

Financial indicators	2022	2021	2020	2019
Return on Equity	103,3 %	93,31 %	100,69 %	80,67 %
Debt-to-Equity Ratio	0,2	0,1	0,5	0,33
Operating Profit Margin	49,44 %	27,14 %	18,5 %	4,55 %
Current Ratio	2,32	1,79	1,76	1,14
Quick Ratio	2,32	1,79	1,76	1,14
Equity Ratio	0,47	0,42	0,31	0,14
Gross Profit Margin	82,84 %	92,72 %	91,13 %	95,29 %