MERLETT NOR AS

4515 MANDAL

Finances

Share Ownership

Return on Equity

30,89 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	115 052 000	107 089 000	88 438 000	85 401 000
Net Income	4 922 000	5 054 000	−6 421 000	273 000
Total Assets	66 020 000	56 631 000	53 209 000	49 260 000
Total Equity	15 935 000	11 507 000	6 523 000	12 360 000

Income (NOK)	2022	2021	2020	2019
Revenue	115 052 000	107 089 000	88 438 000	85 401 000
Expenditure	110 341 000	100 586 000	94 231 000	84 400 000
Operating Profit	4 711 000	6 503 000	−5 793 000	1 001 000
Financial Income	1 026 000	356 000	344 000	153 000
Financial Costs	1 353 000	562 000	2 357 000	329 000
Financial Balance	−327 000	−206 000	−2 013 000	−176 000
Earnings Before Tax	4 384 000	6 296 000	−7 806 000	825 000
Tax	−538 000	1 242 000	−1 385 000	551 000
Net Income	4 922 000	5 054 000	−6 421 000	273 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 249 000	1 319 000	2 464 000	2 925 000
Total Current Assets	62 771 000	55 312 000	50 746 000	46 335 000
Total Assets	66 020 000	56 631 000	53 209 000	49 260 000
Total Retained Equity	7 935 000	3 507 000	−1 477 000	4 360 000
Total Equity	15 935 000	11 507 000	6 523 000	12 360 000
Total Long-Term Debt	0	0	0	13 000
Total Current Debt	50 085 000	45 124 000	46 687 000	36 887 000
Total Equity and Debt	66 020 000	56 631 000	53 209 000	49 260 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	115 052 000	106 995 000	88 417 000	85 333 000
Other Income	0	95 000	21 000	68 000
Revenue	115 052 000	107 089 000	88 438 000	85 401 000
Cost of Goods Sold	78 414 000	72 865 000	63 902 000	60 435 000
Salary Costs	17 725 000	16 205 000	15 493 000	14 624 000
Depreciation	109 000	311 000	299 000	265 000
Impairment	0	0	0	0
Expenditure	110 341 000	100 586 000	94 231 000	84 400 000
Operating Profit	4 711 000	6 503 000	−5 793 000	1 001 000
Financial Income	1 026 000	356 000	344 000	153 000
Financial Costs	1 353 000	562 000	2 357 000	329 000
Financial Balance	−327 000	−206 000	−2 013 000	−176 000
Dividends	0	0	0	0
Net Income	4 922 000	5 054 000	−6 421 000	273 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 045 000	1 087 000	1 981 000	893 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	205 000	232 000	482 000	511 000
Total Tangible Assets	205 000	232 000	482 000	511 000
Total Fiancial Fixed Assets	0	0	0	1 520 000
Total Fixed Assets	3 249 000	1 319 000	2 464 000	2 925 000
Stock	27 748 000	21 980 000	17 494 000	18 675 000
Total Investments	0	0	0	0
Cash, Bank	7 021 000	8 000 000	15 343 000	6 622 000
Total Current Assets	62 771 000	55 312 000	50 746 000	46 335 000
Total Assets	66 020 000	56 631 000	53 209 000	49 260 000
Total Equity	15 935 000	11 507 000	6 523 000	12 360 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	13 000
Creditors	38 518 000	35 337 000	37 770 000	30 986 000
Unpaid Taxes	1 052 000	987 000	1 046 000	924 000
Dividends	0	0	0	0
Other Current Debt	8 097 000	7 472 000	7 597 000	4 529 000
Total Current Debt	50 085 000	45 124 000	46 687 000	36 887 000
Total Equity and Debt	66 020 000	56 631 000	53 209 000	49 260 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,89 %	43,92 %	−98,44 %	2,21 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,09 %	6,07 %	−6,55 %	1,17 %
Current Ratio	1,25	1,23	1,09	1,26
Quick Ratio	2,81	2,39	1,74	2,54
Equity Ratio	0,24	0,2	0,12	0,25
Gross Profit Margin	31,84 %	31,96 %	27,74 %	29,23 %