KARL TORE MEKLENBORG AS

2170 FENSTAD

Finances

Return on Equity

14,25 %

Current Ratio

1,29

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 766 000	23 652 000	24 438 000	20 451 000
Net Income	286 000	1 480 000	1 951 000	941 000
Total Assets	4 700 000	5 491 000	6 089 000	5 737 000
Total Equity	2 007 000	1 971 000	1 491 000	1 040 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 766 000	23 652 000	24 438 000	20 451 000
Expenditure	20 459 000	21 791 000	21 945 000	19 230 000
Operating Profit	308 000	1 861 000	2 493 000	1 221 000
Financial Income	52 000	59 000	59 000	57 000
Financial Costs	0	30 000	57 000	76 000
Financial Balance	52 000	29 000	2 000	−19 000
Earnings Before Tax	360 000	1 889 000	2 495 000	1 201 000
Tax	74 000	410 000	545 000	261 000
Net Income	286 000	1 480 000	1 951 000	941 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 266 000	1 260 000	1 285 000	1 399 000
Total Current Assets	3 434 000	4 231 000	4 804 000	4 338 000
Total Assets	4 700 000	5 491 000	6 089 000	5 737 000
Total Retained Equity	1 907 000	1 871 000	1 391 000	940 000
Total Equity	2 007 000	1 971 000	1 491 000	1 040 000
Total Long-Term Debt	23 000	795 000	1 283 000	2 428 000
Total Current Debt	2 670 000	2 725 000	3 315 000	2 269 000
Total Equity and Debt	4 700 000	5 491 000	6 089 000	5 737 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 282 000	23 232 000	24 034 000	20 032 000
Other Income	484 000	420 000	404 000	419 000
Revenue	20 766 000	23 652 000	24 438 000	20 451 000
Cost of Goods Sold	14 232 000	16 114 000	16 445 000	13 749 000
Salary Costs	3 299 000	3 086 000	3 238 000	3 067 000
Depreciation	328 000	261 000	239 000	376 000
Impairment	0	70 000	0	0
Expenditure	20 459 000	21 791 000	21 945 000	19 230 000
Operating Profit	308 000	1 861 000	2 493 000	1 221 000
Financial Income	52 000	59 000	59 000	57 000
Financial Costs	0	30 000	57 000	76 000
Financial Balance	52 000	29 000	2 000	−19 000
Dividends	250 000	1 000 000	1 500 000	700 000
Net Income	286 000	1 480 000	1 951 000	941 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 182 000	1 177 000	1 202 000	1 315 000
Total Tangible Assets	1 182 000	1 177 000	1 202 000	1 315 000
Total Fiancial Fixed Assets	83 000	83 000	83 000	83 000
Total Fixed Assets	1 266 000	1 260 000	1 285 000	1 399 000
Stock	1 205 000	1 181 000	1 179 000	1 150 000
Total Investments	0	0	0	0
Cash, Bank	1 460 000	2 088 000	2 670 000	2 422 000
Total Current Assets	3 434 000	4 231 000	4 804 000	4 338 000
Total Assets	4 700 000	5 491 000	6 089 000	5 737 000
Total Equity	2 007 000	1 971 000	1 491 000	1 040 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 000	795 000	1 283 000	2 428 000
Creditors	633 000	629 000	489 000	599 000
Unpaid Taxes	292 000	217 000	354 000	293 000
Dividends	250 000	1 000 000	1 500 000	700 000
Other Current Debt	1 651 000	1 451 000	1 926 000	1 085 000
Total Current Debt	2 670 000	2 725 000	3 315 000	2 269 000
Total Equity and Debt	4 700 000	5 491 000	6 089 000	5 737 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,25 %	75,09 %	130,85 %	90,48 %
Debt-to-Equity Ratio	0,01	0,4	0,86	2,33
Operating Profit Margin	1,48 %	7,87 %	10,2 %	5,97 %
Current Ratio	1,29	1,55	1,45	1,91
Quick Ratio	2,34	2,74	2,25	3,88
Equity Ratio	0,43	0,36	0,24	0,18
Gross Profit Margin	31,46 %	31,87 %	32,71 %	32,77 %