METEK AS

9770 MEHAMN

Finances

Share Ownership

Return on Equity

34,78 %

Current Ratio

3,1

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 610 000	8 579 000	8 516 000	8 541 000
Net Income	633 000	−215 000	102 000	−467 000
Total Assets	3 355 000	2 960 000	3 103 000	2 963 000
Total Equity	1 820 000	1 187 000	1 401 000	1 299 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 610 000	8 579 000	8 516 000	8 541 000
Expenditure	9 810 000	8 854 000	8 385 000	9 105 000
Operating Profit	801 000	−276 000	131 000	−564 000
Financial Income	32 000	24 000	31 000	27 000
Financial Costs	21 000	20 000	30 000	29 000
Financial Balance	11 000	4 000	1 000	−2 000
Earnings Before Tax	812 000	−271 000	132 000	−566 000
Tax	179 000	−57 000	30 000	−99 000
Net Income	633 000	−215 000	102 000	−467 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	456 000	671 000	725 000	725 000
Total Current Assets	2 900 000	2 288 000	2 378 000	2 239 000
Total Assets	3 355 000	2 960 000	3 103 000	2 963 000
Total Retained Equity	1 520 000	887 000	1 101 000	999 000
Total Equity	1 820 000	1 187 000	1 401 000	1 299 000
Total Long-Term Debt	601 000	666 000	749 000	861 000
Total Current Debt	934 000	1 107 000	953 000	803 000
Total Equity and Debt	3 355 000	2 960 000	3 103 000	2 963 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 607 000	8 579 000	8 509 000	8 541 000
Other Income	3 000	0	7 000	0
Revenue	10 610 000	8 579 000	8 516 000	8 541 000
Cost of Goods Sold	6 953 000	6 027 000	5 606 000	6 214 000
Salary Costs	1 791 000	1 964 000	1 749 000	1 699 000
Depreciation	131 000	131 000	110 000	77 000
Impairment	0	0	0	0
Expenditure	9 810 000	8 854 000	8 385 000	9 105 000
Operating Profit	801 000	−276 000	131 000	−564 000
Financial Income	32 000	24 000	31 000	27 000
Financial Costs	21 000	20 000	30 000	29 000
Financial Balance	11 000	4 000	1 000	−2 000
Dividends	0	0	0	0
Net Income	633 000	−215 000	102 000	−467 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	57 000	142 000	85 000	115 000
Real Eastate	10 000	23 000	36 000	49 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	388 000	506 000	604 000	560 000
Total Tangible Assets	398 000	529 000	640 000	609 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	456 000	671 000	725 000	725 000
Stock	1 913 000	1 365 000	1 337 000	810 000
Total Investments	0	0	0	0
Cash, Bank	453 000	347 000	887 000	844 000
Total Current Assets	2 900 000	2 288 000	2 378 000	2 239 000
Total Assets	3 355 000	2 960 000	3 103 000	2 963 000
Total Equity	1 820 000	1 187 000	1 401 000	1 299 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	601 000	666 000	749 000	861 000
Creditors	478 000	668 000	596 000	510 000
Unpaid Taxes	186 000	235 000	177 000	122 000
Dividends	0	0	0	0
Other Current Debt	176 000	203 000	180 000	171 000
Total Current Debt	934 000	1 107 000	953 000	803 000
Total Equity and Debt	3 355 000	2 960 000	3 103 000	2 963 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,78 %	−18,11 %	7,28 %	−35,95 %
Debt-to-Equity Ratio	0,33	0,56	0,53	0,66
Operating Profit Margin	7,55 %	−3,22 %	1,54 %	−6,6 %
Current Ratio	3,1	2,07	2,5	2,79
Quick Ratio	−2,96	−8,87	−6,19	−319,86
Equity Ratio	0,54	0,4	0,45	0,44
Gross Profit Margin	34,47 %	29,75 %	34,17 %	27,25 %