MELTECH NORDEN AS

0352 OSLO

Finances

Share Ownership

Return on Equity

326,27 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 403 000	4 312 000	4 926 000	2 033 000
Net Income	1 155 000	167 000	327 000	236 000
Total Assets	1 738 000	1 998 000	1 774 000	1 400 000
Total Equity	354 000	899 000	1 232 000	905 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 403 000	4 312 000	4 926 000	2 033 000
Expenditure	18 062 000	4 091 000	4 493 000	1 779 000
Operating Profit	1 342 000	221 000	433 000	253 000
Financial Income	595 000	59 000	102 000	49 000
Financial Costs	453 000	63 000	113 000	5 000
Financial Balance	142 000	−4 000	−11 000	44 000
Earnings Before Tax	1 485 000	216 000	421 000	297 000
Tax	330 000	49 000	94 000	61 000
Net Income	1 155 000	167 000	327 000	236 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	15 000	15 000	15 000
Total Current Assets	1 723 000	1 983 000	1 759 000	1 385 000
Total Assets	1 738 000	1 998 000	1 774 000	1 400 000
Total Retained Equity	254 000	799 000	1 132 000	805 000
Total Equity	354 000	899 000	1 232 000	905 000
Total Long-Term Debt	32 000	43 000	54 000	67 000
Total Current Debt	1 352 000	1 057 000	488 000	427 000
Total Equity and Debt	1 738 000	1 998 000	1 774 000	1 400 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	542 000	481 000	637 000	985 000
Other Income	18 861 000	3 831 000	4 289 000	1 047 000
Revenue	19 403 000	4 312 000	4 926 000	2 033 000
Cost of Goods Sold	16 616 000	3 742 000	4 007 000	1 543 000
Salary Costs	4 000	3 000	2 000	9 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	18 062 000	4 091 000	4 493 000	1 779 000
Operating Profit	1 342 000	221 000	433 000	253 000
Financial Income	595 000	59 000	102 000	49 000
Financial Costs	453 000	63 000	113 000	5 000
Financial Balance	142 000	−4 000	−11 000	44 000
Dividends	1 700 000	0	0	0
Net Income	1 155 000	167 000	327 000	236 000

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	10 000	10 000	10 000	10 000
Total Tangible Assets	10 000	10 000	10 000	10 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	15 000	15 000	15 000	15 000
Stock	0	62 000	66 000	223 000
Total Investments	0	0	0	0
Cash, Bank	1 465 000	58 000	1 263 000	539 000
Total Current Assets	1 723 000	1 983 000	1 759 000	1 385 000
Total Assets	1 738 000	1 998 000	1 774 000	1 400 000
Total Equity	354 000	899 000	1 232 000	905 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 000	43 000	54 000	67 000
Creditors	6 000	786 000	380 000	266 000
Unpaid Taxes	0	10 000	0	2 000
Dividends	1 700 000	0	0	0
Other Current Debt	1 006 000	201 000	0	85 000
Total Current Debt	1 352 000	1 057 000	488 000	427 000
Total Equity and Debt	1 738 000	1 998 000	1 774 000	1 400 000

Financial indicators	2022	2021	2020	2019
Return on Equity	326,27 %	18,58 %	26,54 %	26,08 %
Debt-to-Equity Ratio	0,09	0,05	0,04	0,07
Operating Profit Margin	6,92 %	5,13 %	8,79 %	12,44 %
Current Ratio	1,27	1,88	3,6	3,24
Quick Ratio	1,27	1,99	4,17	6,79
Equity Ratio	0,2	0,45	0,69	0,65
Gross Profit Margin	14,36 %	13,22 %	18,66 %	24,1 %