MEKKS AS

6070 TJØRVÅG

Finances

Share Ownership

Return on Equity

32,69 %

Current Ratio

1,86

Debt-to-Equity Ratio

−6,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	660 000	680 000	473 000	435 000
Net Income	−17 000	95 000	119 000	−30 000
Total Assets	440 000	460 000	396 000	336 000
Total Equity	−52 000	−35 000	−130 000	−249 000

Income (NOK)	2022	2021	2020	2019
Revenue	660 000	680 000	473 000	435 000
Expenditure	667 000	571 000	338 000	447 000
Operating Profit	−7 000	108 000	135 000	−12 000
Financial Income	0	0	0	0
Financial Costs	11 000	13 000	16 000	18 000
Financial Balance	−11 000	−13 000	−16 000	−18 000
Earnings Before Tax	−17 000	95 000	119 000	−30 000
Tax	0	0	0	0
Net Income	−17 000	95 000	119 000	−30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	185 000	222 000	258 000	295 000
Total Current Assets	256 000	238 000	138 000	41 000
Total Assets	440 000	460 000	396 000	336 000
Total Retained Equity	−152 000	−135 000	−230 000	−349 000
Total Equity	−52 000	−35 000	−130 000	−249 000
Total Long-Term Debt	354 000	412 000	468 000	520 000
Total Current Debt	138 000	82 000	58 000	65 000
Total Equity and Debt	440 000	460 000	396 000	336 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	660 000	680 000	473 000	427 000
Other Income	0	0	0	8 000
Revenue	660 000	680 000	473 000	435 000
Cost of Goods Sold	18 000	18 000	27 000	14 000
Salary Costs	494 000	418 000	181 000	283 000
Depreciation	37 000	37 000	37 000	63 000
Impairment	0	0	0	0
Expenditure	667 000	571 000	338 000	447 000
Operating Profit	−7 000	108 000	135 000	−12 000
Financial Income	0	0	0	0
Financial Costs	11 000	13 000	16 000	18 000
Financial Balance	−11 000	−13 000	−16 000	−18 000
Dividends	0	0	0	0
Net Income	−17 000	95 000	119 000	−30 000

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	185 000	222 000	258 000	295 000
Total Tangible Assets	185 000	222 000	258 000	295 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	185 000	222 000	258 000	295 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	183 000	193 000	52 000	38 000
Total Current Assets	256 000	238 000	138 000	41 000
Total Assets	440 000	460 000	396 000	336 000
Total Equity	−52 000	−35 000	−130 000	−249 000
Short-Term Group Debt	40 000	35 000	0	0
Total Long-Term Debt	354 000	412 000	468 000	520 000
Creditors	4 000	2 000	0	6 000
Unpaid Taxes	93 000	45 000	42 000	35 000
Dividends	0	0	0	0
Other Current Debt	0	0	16 000	24 000
Total Current Debt	138 000	82 000	58 000	65 000
Total Equity and Debt	440 000	460 000	396 000	336 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,69 %	−271,43 %	−91,54 %	12,05 %
Debt-to-Equity Ratio	−6,81	−11,77	−3,6	−2,09
Operating Profit Margin	−1,06 %	15,88 %	28,54 %	−2,76 %
Current Ratio	1,86	2,9	2,38	0,63
Quick Ratio	1,86	2,9	2,38	0,63
Equity Ratio	−0,12	−0,08	−0,33	−0,74
Gross Profit Margin	97,27 %	97,35 %	94,29 %	96,78 %