MELVÆR&CO AS

4014 STAVANGER

Finances

Return on Equity

39,93 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 287 000	18 227 000	15 503 000	16 496 000
Net Income	999 000	247 000	201 000	45 000
Total Assets	12 474 000	12 922 000	10 272 000	9 966 000
Total Equity	2 502 000	2 452 000	2 406 000	2 205 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 287 000	18 227 000	15 503 000	16 496 000
Expenditure	29 219 000	17 815 000	15 164 000	16 227 000
Operating Profit	1 068 000	412 000	339 000	270 000
Financial Income	122 000	94 000	71 000	54 000
Financial Costs	191 000	260 000	708 000	278 000
Financial Balance	−69 000	−166 000	−637 000	−224 000
Earnings Before Tax	999 000	247 000	−299 000	45 000
Tax	0	0	−500 000	0
Net Income	999 000	247 000	201 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 859 000	1 623 000	1 662 000	1 235 000
Total Current Assets	10 615 000	11 299 000	8 610 000	8 731 000
Total Assets	12 474 000	12 922 000	10 272 000	9 966 000
Total Retained Equity	2 202 000	2 152 000	2 106 000	1 905 000
Total Equity	2 502 000	2 452 000	2 406 000	2 205 000
Total Long-Term Debt	1 600 000	0	0	0
Total Current Debt	8 373 000	10 470 000	7 866 000	7 761 000
Total Equity and Debt	12 474 000	12 922 000	10 272 000	9 966 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 387 000	19 127 000	15 390 000	16 496 000
Other Income	900 000	−900 000	113 000	0
Revenue	30 287 000	18 227 000	15 503 000	16 496 000
Cost of Goods Sold	14 079 000	5 307 000	3 646 000	3 536 000
Salary Costs	11 184 000	10 270 000	9 272 000	10 211 000
Depreciation	42 000	38 000	65 000	134 000
Impairment	0	0	0	0
Expenditure	29 219 000	17 815 000	15 164 000	16 227 000
Operating Profit	1 068 000	412 000	339 000	270 000
Financial Income	122 000	94 000	71 000	54 000
Financial Costs	191 000	260 000	708 000	278 000
Financial Balance	−69 000	−166 000	−637 000	−224 000
Dividends	950 000	200 000	0	0
Net Income	999 000	247 000	201 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 191 000	1 191 000	1 191 000	691 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	266 000	70 000	108 000	173 000
Total Tangible Assets	266 000	70 000	108 000	173 000
Total Fiancial Fixed Assets	402 000	362 000	362 000	371 000
Total Fixed Assets	1 859 000	1 623 000	1 662 000	1 235 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	479 000	431 000	386 000	361 000
Total Current Assets	10 615 000	11 299 000	8 610 000	8 731 000
Total Assets	12 474 000	12 922 000	10 272 000	9 966 000
Total Equity	2 502 000	2 452 000	2 406 000	2 205 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 600 000	0	0	0
Creditors	1 838 000	931 000	465 000	839 000
Unpaid Taxes	1 369 000	1 186 000	2 029 000	1 882 000
Dividends	950 000	200 000	0	0
Other Current Debt	1 484 000	2 280 000	1 008 000	1 303 000
Total Current Debt	8 373 000	10 470 000	7 866 000	7 761 000
Total Equity and Debt	12 474 000	12 922 000	10 272 000	9 966 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,93 %	10,07 %	8,35 %	2,04 %
Debt-to-Equity Ratio	0,64	0	0	0
Operating Profit Margin	3,53 %	2,26 %	2,19 %	1,64 %
Current Ratio	1,27	1,08	1,09	1,12
Quick Ratio	1,27	1,08	1,09	1,12
Equity Ratio	0,2	0,19	0,23	0,22
Gross Profit Margin	53,51 %	70,88 %	76,48 %	78,56 %