MECTRO AS

3188 HORTEN

Finances

Return on Equity

5,62 %

Current Ratio

1,73

Debt-to-Equity Ratio

0,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 608 000	42 370 000	43 910 000	53 074 000
Net Income	785 000	−1 645 000	−1 760 000	−415 000
Total Assets	48 405 000	41 328 000	33 587 000	37 243 000
Total Equity	13 957 000	13 172 000	13 029 000	14 789 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 608 000	42 370 000	43 910 000	53 074 000
Expenditure	58 978 000	44 124 000	46 017 000	51 282 000
Operating Profit	2 409 000	−1 156 000	−1 802 000	283 000
Financial Income	106 000	17 000	269 000	172 000
Financial Costs	1 505 000	967 000	720 000	982 000
Financial Balance	−1 399 000	−950 000	−451 000	−810 000
Earnings Before Tax	1 009 000	−2 106 000	−2 252 000	−527 000
Tax	225 000	−461 000	−493 000	−111 000
Net Income	785 000	−1 645 000	−1 760 000	−415 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 336 000	6 512 000	6 834 000	7 136 000
Total Current Assets	42 069 000	34 816 000	26 753 000	30 106 000
Total Assets	48 405 000	41 328 000	33 587 000	37 243 000
Total Retained Equity	785 000	0	0	0
Total Equity	13 957 000	13 172 000	13 029 000	14 789 000
Total Long-Term Debt	10 125 000	9 179 000	2 000 000	1 400 000
Total Current Debt	24 323 000	18 977 000	18 558 000	21 054 000
Total Equity and Debt	48 405 000	41 328 000	33 587 000	37 243 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 432 000	41 974 000	42 207 000	51 443 000
Other Income	177 000	396 000	1 703 000	1 631 000
Revenue	58 608 000	42 370 000	43 910 000	53 074 000
Cost of Goods Sold	26 530 000	15 975 000	16 051 000	18 610 000
Salary Costs	23 461 000	20 711 000	21 134 000	23 344 000
Depreciation	247 000	139 000	222 000	305 000
Impairment	0	0	0	0
Expenditure	58 978 000	44 124 000	46 017 000	51 282 000
Operating Profit	2 409 000	−1 156 000	−1 802 000	283 000
Financial Income	106 000	17 000	269 000	172 000
Financial Costs	1 505 000	967 000	720 000	982 000
Financial Balance	−1 399 000	−950 000	−451 000	−810 000
Dividends	0	0	0	2 000 000
Net Income	785 000	−1 645 000	−1 760 000	−415 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 304 000	5 347 000	5 390 000	5 470 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	524 000	589 000	444 000	505 000
Fixtures	508 000	576 000	0	161 000
Total Tangible Assets	1 032 000	1 165 000	444 000	666 000
Total Fiancial Fixed Assets	0	0	1 000 000	1 000 000
Total Fixed Assets	6 336 000	6 512 000	6 834 000	7 136 000
Stock	26 289 000	22 891 000	19 029 000	15 810 000
Total Investments	0	0	0	0
Cash, Bank	4 813 000	1 677 000	1 499 000	4 170 000
Total Current Assets	42 069 000	34 816 000	26 753 000	30 106 000
Total Assets	48 405 000	41 328 000	33 587 000	37 243 000
Total Equity	13 957 000	13 172 000	13 029 000	14 789 000
Short-Term Group Debt	0	0	0	1 178 000
Total Long-Term Debt	10 125 000	9 179 000	2 000 000	1 400 000
Creditors	2 910 000	2 504 000	2 565 000	1 495 000
Unpaid Taxes	3 287 000	2 253 000	1 450 000	2 299 000
Dividends	0	0	0	2 000 000
Other Current Debt	2 838 000	1 987 000	2 172 000	2 219 000
Total Current Debt	24 323 000	18 977 000	18 558 000	21 054 000
Total Equity and Debt	48 405 000	41 328 000	33 587 000	37 243 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,62 %	−12,49 %	−13,51 %	−2,81 %
Debt-to-Equity Ratio	0,73	0,7	0,15	0,09
Operating Profit Margin	4,11 %	−2,73 %	−4,1 %	0,53 %
Current Ratio	1,73	1,83	1,44	1,43
Quick Ratio	−21,4	−8,9	−56,8	5,74
Equity Ratio	0,29	0,32	0,39	0,4
Gross Profit Margin	54,73 %	62,3 %	63,45 %	64,94 %