MEREO AS

4876 GRIMSTAD

Finances

Share Ownership

Return on Equity

−2,15 %

Current Ratio

5,87

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	24 535 000	24 952 000	23 589 000
Net Income	−30 000	665 000	821 000	780 000
Total Assets	1 688 000	8 462 000	8 642 000	10 535 000
Total Equity	1 394 000	4 423 000	3 758 000	2 938 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	24 535 000	24 952 000	23 589 000
Expenditure	60 000	23 690 000	23 912 000	22 597 000
Operating Profit	−59 000	845 000	1 040 000	992 000
Financial Income	22 000	8 000	13 000	15 000
Financial Costs	1 000	0	1 000	4 000
Financial Balance	21 000	8 000	12 000	11 000
Earnings Before Tax	−38 000	852 000	1 052 000	1 003 000
Tax	−8 000	188 000	232 000	223 000
Net Income	−30 000	665 000	821 000	780 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	190 000	260 000	3 378 000	3 048 000
Total Current Assets	1 498 000	8 202 000	5 264 000	7 487 000
Total Assets	1 688 000	8 462 000	8 642 000	10 535 000
Total Retained Equity	1 232 000	4 261 000	3 596 000	2 776 000
Total Equity	1 394 000	4 423 000	3 758 000	2 938 000
Total Long-Term Debt	39 000	176 000	171 000	3 265 000
Total Current Debt	255 000	3 863 000	4 713 000	4 332 000
Total Equity and Debt	1 688 000	8 462 000	8 642 000	10 535 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 234 000	1 268 000	1 260 000
Other Income	0	23 301 000	23 684 000	22 328 000
Revenue	0	24 535 000	24 952 000	23 589 000
Cost of Goods Sold	0	0	0	8 000
Salary Costs	−53 000	23 396 000	23 708 000	22 457 000
Depreciation	70 000	70 000	9 000	0
Impairment	0	0	0	0
Expenditure	60 000	23 690 000	23 912 000	22 597 000
Operating Profit	−59 000	845 000	1 040 000	992 000
Financial Income	22 000	8 000	13 000	15 000
Financial Costs	1 000	0	1 000	4 000
Financial Balance	21 000	8 000	12 000	11 000
Dividends	3 000 000	0	0	0
Net Income	−30 000	665 000	821 000	780 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	3 048 000	3 048 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	190 000	260 000	330 000	0
Total Tangible Assets	190 000	260 000	3 378 000	3 048 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	190 000	260 000	3 378 000	3 048 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 461 000	2 494 000	2 994 000	5 481 000
Total Current Assets	1 498 000	8 202 000	5 264 000	7 487 000
Total Assets	1 688 000	8 462 000	8 642 000	10 535 000
Total Equity	1 394 000	4 423 000	3 758 000	2 938 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	39 000	176 000	171 000	3 265 000
Creditors	−6 000	38 000	16 000	1 000
Unpaid Taxes	180 000	1 056 000	1 613 000	1 552 000
Dividends	3 000 000	0	0	0
Other Current Debt	73 000	2 597 000	2 857 000	2 545 000
Total Current Debt	255 000	3 863 000	4 713 000	4 332 000
Total Equity and Debt	1 688 000	8 462 000	8 642 000	10 535 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,15 %	15,04 %	21,85 %	26,55 %
Debt-to-Equity Ratio	0,03	0,04	0,05	1,11
Operating Profit Margin	-	3,44 %	4,17 %	4,21 %
Current Ratio	5,87	2,12	1,12	1,73
Quick Ratio	5,87	2,12	1,12	1,73
Equity Ratio	0,83	0,52	0,43	0,28
Gross Profit Margin	-	100 %	100 %	99,97 %