MERIVAARA AS

0680 OSLO

Finances

Share Ownership

Return on Equity

1,5 %

Current Ratio

10,33

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	3 816 000	2 018 000	9 678 000	23 339 000
Net Income	90 000	35 000	16 000	460 000
Total Assets	6 653 000	6 083 000	6 298 000	9 414 000
Total Equity	6 009 000	5 919 000	5 884 000	5 867 000

Income (NOK)	2021	2020	2019	2018
Revenue	3 816 000	2 018 000	9 678 000	23 339 000
Expenditure	3 701 000	1 958 000	8 303 000	23 364 000
Operating Profit	114 000	59 000	96 000	663 000
Financial Income	5 000	20 000	40 000	192 000
Financial Costs	6 000	23 000	114 000	258 000
Financial Balance	−1 000	−3 000	−74 000	−66 000
Earnings Before Tax	113 000	55 000	22 000	597 000
Tax	23 000	20 000	6 000	138 000
Net Income	90 000	35 000	16 000	460 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	3 000	7 000	58 000	1 258 000
Total Current Assets	6 650 000	6 077 000	6 240 000	8 156 000
Total Assets	6 653 000	6 083 000	6 298 000	9 414 000
Total Retained Equity	609 000	519 000	484 000	467 000
Total Equity	6 009 000	5 919 000	5 884 000	5 867 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	644 000	164 000	414 000	3 546 000
Total Equity and Debt	6 653 000	6 083 000	6 298 000	9 414 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	3 816 000	2 018 000	9 678 000	23 339 000
Other Income	0	0	0	0
Revenue	3 816 000	2 018 000	9 678 000	23 339 000
Cost of Goods Sold	2 341 000	69 000	1 764 000	15 453 000
Salary Costs	473 000	766 000	3 866 000	4 770 000
Depreciation	0	0	59 000	22 000
Impairment	0	0	0	0
Expenditure	3 701 000	1 958 000	8 303 000	23 364 000
Operating Profit	114 000	59 000	96 000	663 000
Financial Income	5 000	20 000	40 000	192 000
Financial Costs	6 000	23 000	114 000	258 000
Financial Balance	−1 000	−3 000	−74 000	−66 000
Dividends	0	0	0	0
Net Income	90 000	35 000	16 000	460 000

Balance details (NOK)	2021	2020	2019	2018
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	59 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	59 000
Total Fiancial Fixed Assets	3 000	7 000	58 000	1 200 000
Total Fixed Assets	3 000	7 000	58 000	1 258 000
Stock	0	0	0	1 273 000
Total Investments	0	0	0	0
Cash, Bank	558 000	779 000	1 640 000	3 597 000
Total Current Assets	6 650 000	6 077 000	6 240 000	8 156 000
Total Assets	6 653 000	6 083 000	6 298 000	9 414 000
Total Equity	6 009 000	5 919 000	5 884 000	5 867 000
Short-Term Group Debt	0	0	0	1 337 000
Total Long-Term Debt	0	0	0	0
Creditors	24 000	8 000	158 000	161 000
Unpaid Taxes	594 000	51 000	94 000	1 316 000
Dividends	0	0	0	0
Other Current Debt	3 000	94 000	156 000	595 000
Total Current Debt	644 000	164 000	414 000	3 546 000
Total Equity and Debt	6 653 000	6 083 000	6 298 000	9 414 000

Financial indicators	2021	2020	2019	2018
Return on Equity	1,5 %	0,59 %	0,27 %	7,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,99 %	2,92 %	0,99 %	2,84 %
Current Ratio	10,33	37,05	15,07	2,3
Quick Ratio	10,33	37,05	15,07	3,59
Equity Ratio	0,9	0,97	0,93	0,62
Gross Profit Margin	38,65 %	96,58 %	81,77 %	33,79 %