MEYERS FARVEHANDEL AS

3112 TØNSBERG

Finances

Return on Equity

10,11 %

Current Ratio

2,07

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 799 000	28 166 000	23 962 000	21 929 000
Net Income	679 000	2 660 000	843 000	557 000
Total Assets	10 984 000	10 747 000	8 206 000	7 930 000
Total Equity	6 717 000	6 230 000	4 228 000	3 385 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 799 000	28 166 000	23 962 000	21 929 000
Expenditure	21 858 000	24 680 000	22 762 000	21 038 000
Operating Profit	941 000	3 487 000	1 201 000	891 000
Financial Income	3 000	6 000	8 000	11 000
Financial Costs	75 000	79 000	126 000	183 000
Financial Balance	−72 000	−73 000	−118 000	−172 000
Earnings Before Tax	870 000	3 414 000	1 083 000	719 000
Tax	191 000	755 000	240 000	162 000
Net Income	679 000	2 660 000	843 000	557 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 727 000	3 437 000	2 821 000	2 554 000
Total Current Assets	7 257 000	7 310 000	5 385 000	5 376 000
Total Assets	10 984 000	10 747 000	8 206 000	7 930 000
Total Retained Equity	6 617 000	6 130 000	4 128 000	3 285 000
Total Equity	6 717 000	6 230 000	4 228 000	3 385 000
Total Long-Term Debt	764 000	1 188 000	917 000	1 200 000
Total Current Debt	3 503 000	3 329 000	3 061 000	3 344 000
Total Equity and Debt	10 984 000	10 747 000	8 206 000	7 930 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 658 000	25 165 000	23 961 000	21 928 000
Other Income	142 000	3 001 000	1 000	0
Revenue	22 799 000	28 166 000	23 962 000	21 929 000
Cost of Goods Sold	12 603 000	14 569 000	13 493 000	12 194 000
Salary Costs	3 616 000	6 252 000	5 627 000	5 067 000
Depreciation	180 000	180 000	263 000	306 000
Impairment	0	0	0	0
Expenditure	21 858 000	24 680 000	22 762 000	21 038 000
Operating Profit	941 000	3 487 000	1 201 000	891 000
Financial Income	3 000	6 000	8 000	11 000
Financial Costs	75 000	79 000	126 000	183 000
Financial Balance	−72 000	−73 000	−118 000	−172 000
Dividends	0	0	0	0
Net Income	679 000	2 660 000	843 000	557 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	0	69 000	57 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	499 000	475 000	630 000	687 000
Total Tangible Assets	499 000	475 000	630 000	687 000
Total Fiancial Fixed Assets	3 219 000	2 962 000	2 123 000	1 810 000
Total Fixed Assets	3 727 000	3 437 000	2 821 000	2 554 000
Stock	4 379 000	3 824 000	4 564 000	4 361 000
Total Investments	0	0	0	0
Cash, Bank	331 000	340 000	370 000	305 000
Total Current Assets	7 257 000	7 310 000	5 385 000	5 376 000
Total Assets	10 984 000	10 747 000	8 206 000	7 930 000
Total Equity	6 717 000	6 230 000	4 228 000	3 385 000
Short-Term Group Debt	0	203 000	0	427 000
Total Long-Term Debt	764 000	1 188 000	917 000	1 200 000
Creditors	440 000	690 000	369 000	318 000
Unpaid Taxes	229 000	392 000	441 000	356 000
Dividends	0	0	0	0
Other Current Debt	806 000	530 000	574 000	598 000
Total Current Debt	3 503 000	3 329 000	3 061 000	3 344 000
Total Equity and Debt	10 984 000	10 747 000	8 206 000	7 930 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,11 %	42,7 %	19,94 %	16,45 %
Debt-to-Equity Ratio	0,11	0,19	0,22	0,35
Operating Profit Margin	4,13 %	12,38 %	5,01 %	4,06 %
Current Ratio	2,07	2,2	1,76	1,61
Quick Ratio	−8,28	−14,77	−3,58	−5,29
Equity Ratio	0,61	0,58	0,52	0,43
Gross Profit Margin	44,72 %	48,27 %	43,69 %	44,39 %