MCE AS

5590 ETNE

Finances

Return on Equity

22,91 %

Current Ratio

1,85

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	91 853 000	81 846 000	85 402 000	76 720 000
Net Income	5 147 000	1 488 000	2 159 000	2 585 000
Total Assets	46 188 000	44 540 000	44 355 000	42 518 000
Total Equity	22 470 000	17 323 000	16 418 000	14 979 000

Income (NOK)	2022	2021	2020	2019
Revenue	91 853 000	81 846 000	85 402 000	76 720 000
Expenditure	84 941 000	79 721 000	39 563 000	37 385 000
Operating Profit	6 911 000	2 125 000	3 127 000	3 690 000
Financial Income	79 000	25 000	7 000	38 000
Financial Costs	370 000	386 000	467 000	492 000
Financial Balance	−291 000	−361 000	−460 000	−454 000
Earnings Before Tax	6 620 000	1 764 000	2 667 000	3 236 000
Tax	1 473 000	276 000	508 000	651 000
Net Income	5 147 000	1 488 000	2 159 000	2 585 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 287 000	16 920 000	18 469 000	19 858 000
Total Current Assets	29 902 000	27 620 000	25 885 000	22 660 000
Total Assets	46 188 000	44 540 000	44 355 000	42 518 000
Total Retained Equity	21 770 000	16 623 000	15 718 000	14 279 000
Total Equity	22 470 000	17 323 000	16 418 000	14 979 000
Total Long-Term Debt	7 597 000	10 713 000	13 871 000	10 284 000
Total Current Debt	16 121 000	16 504 000	14 065 000	17 255 000
Total Equity and Debt	46 188 000	44 540 000	44 355 000	42 518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	91 853 000	81 846 000	84 861 000	76 337 000
Other Income	0	0	541 000	382 000
Revenue	91 853 000	81 846 000	85 402 000	76 720 000
Cost of Goods Sold	39 707 000	36 354 000	0	0
Salary Costs	36 773 000	35 497 000	31 200 000	29 321 000
Depreciation	1 883 000	2 136 000	2 320 000	2 429 000
Impairment	0	0	0	0
Expenditure	84 941 000	79 721 000	39 563 000	37 385 000
Operating Profit	6 911 000	2 125 000	3 127 000	3 690 000
Financial Income	79 000	25 000	7 000	38 000
Financial Costs	370 000	386 000	467 000	492 000
Financial Balance	−291 000	−361 000	−460 000	−454 000
Dividends	0	0	720 000	0
Net Income	5 147 000	1 488 000	2 159 000	2 585 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 167 000	2 078 000	1 840 000	1 587 000
Real Eastate	12 518 000	13 523 000	15 293 000	17 036 000
Machinery and Plant Facilities	169 000	274 000	379 000	454 000
Fixtures	1 230 000	844 000	725 000	578 000
Total Tangible Assets	13 917 000	14 640 000	16 397 000	18 068 000
Total Fiancial Fixed Assets	203 000	203 000	233 000	203 000
Total Fixed Assets	16 287 000	16 920 000	18 469 000	19 858 000
Stock	11 168 000	9 320 000	9 136 000	7 974 000
Total Investments	0	0	0	0
Cash, Bank	2 844 000	4 897 000	6 453 000	1 757 000
Total Current Assets	29 902 000	27 620 000	25 885 000	22 660 000
Total Assets	46 188 000	44 540 000	44 355 000	42 518 000
Total Equity	22 470 000	17 323 000	16 418 000	14 979 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 597 000	10 713 000	13 871 000	10 284 000
Creditors	3 682 000	5 066 000	6 382 000	5 789 000
Unpaid Taxes	6 259 000	5 176 000	1 884 000	4 521 000
Dividends	0	0	720 000	0
Other Current Debt	4 617 000	5 163 000	5 401 000	4 123 000
Total Current Debt	16 121 000	16 504 000	14 065 000	17 255 000
Total Equity and Debt	46 188 000	44 540 000	44 355 000	42 518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,91 %	8,59 %	13,15 %	17,26 %
Debt-to-Equity Ratio	0,34	0,62	0,84	0,69
Operating Profit Margin	7,52 %	2,6 %	3,66 %	4,81 %
Current Ratio	1,85	1,67	1,84	1,31
Quick Ratio	6,04	3,84	5,25	2,44
Equity Ratio	0,49	0,39	0,37	0,35
Gross Profit Margin	56,77 %	55,58 %	100 %	100 %