MESTERBAKEREN AS

0582 OSLO

Finances

Share Ownership

Return on Equity

29,5 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 214 575 000	1 102 808 000	1 099 835 000	1 064 412 000
Net Income	45 897 000	39 545 000	48 676 000	25 501 000
Total Assets	464 956 000	434 618 000	452 626 000	426 149 000
Total Equity	155 589 000	156 492 000	163 747 000	169 670 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 214 575 000	1 102 808 000	1 099 835 000	1 064 412 000
Expenditure	1 155 230 000	1 050 482 000	1 035 116 000	1 028 449 000
Operating Profit	59 345 000	52 326 000	64 719 000	35 963 000
Financial Income	2 525 000	563 000	249 000	22 000
Financial Costs	3 000 000	2 262 000	2 710 000	3 559 000
Financial Balance	−475 000	−1 699 000	−2 461 000	−3 537 000
Earnings Before Tax	58 871 000	50 627 000	62 258 000	32 426 000
Tax	12 974 000	11 082 000	13 582 000	6 924 000
Net Income	45 897 000	39 545 000	48 676 000	25 501 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	211 111 000	206 382 000	207 607 000	236 205 000
Total Current Assets	253 846 000	228 236 000	245 019 000	189 945 000
Total Assets	464 956 000	434 618 000	452 626 000	426 149 000
Total Retained Equity	149 553 000	150 456 000	157 711 000	163 635 000
Total Equity	155 589 000	156 492 000	163 747 000	169 670 000
Total Long-Term Debt	71 016 000	69 403 000	71 705 000	81 169 000
Total Current Debt	238 352 000	208 723 000	217 174 000	175 310 000
Total Equity and Debt	464 956 000	434 618 000	452 626 000	426 149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 214 575 000	1 102 568 000	1 099 835 000	1 064 393 000
Other Income	0	240 000	0	19 000
Revenue	1 214 575 000	1 102 808 000	1 099 835 000	1 064 412 000
Cost of Goods Sold	443 424 000	387 676 000	375 330 000	379 869 000
Salary Costs	332 511 000	318 732 000	313 219 000	310 727 000
Depreciation	49 610 000	58 858 000	67 149 000	61 590 000
Impairment	0	0	0	0
Expenditure	1 155 230 000	1 050 482 000	1 035 116 000	1 028 449 000
Operating Profit	59 345 000	52 326 000	64 719 000	35 963 000
Financial Income	2 525 000	563 000	249 000	22 000
Financial Costs	3 000 000	2 262 000	2 710 000	3 559 000
Financial Balance	−475 000	−1 699 000	−2 461 000	−3 537 000
Dividends	0	0	0	0
Net Income	45 897 000	39 545 000	48 676 000	25 501 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	15 318 000	244 000	977 000
Total Intangible Assets	12 637 000	15 318 000	17 014 000	27 059 000
Real Eastate	16 576 000	19 113 000	19 124 000	18 403 000
Machinery and Plant Facilities	172 668 000	171 944 000	171 462 000	190 735 000
Fixtures	0	0	0	0
Total Tangible Assets	198 466 000	191 057 000	190 586 000	209 138 000
Total Fiancial Fixed Assets	8 000	7 000	8 000	8 000
Total Fixed Assets	211 111 000	206 382 000	207 607 000	236 205 000
Stock	25 092 000	25 482 000	24 786 000	24 517 000
Total Investments	0	0	0	0
Cash, Bank	797 000	289 000	319 000	1 984 000
Total Current Assets	253 846 000	228 236 000	245 019 000	189 945 000
Total Assets	464 956 000	434 618 000	452 626 000	426 149 000
Total Equity	155 589 000	156 492 000	163 747 000	169 670 000
Short-Term Group Debt	60 000 000	60 000 000	70 000 000	20 000 000
Total Long-Term Debt	71 016 000	69 403 000	71 705 000	81 169 000
Creditors	100 329 000	78 759 000	71 773 000	85 551 000
Unpaid Taxes	21 934 000	23 168 000	23 479 000	22 496 000
Dividends	0	0	0	0
Other Current Debt	54 029 000	46 418 000	50 986 000	42 771 000
Total Current Debt	238 352 000	208 723 000	217 174 000	175 310 000
Total Equity and Debt	464 956 000	434 618 000	452 626 000	426 149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,5 %	25,27 %	29,73 %	15,03 %
Debt-to-Equity Ratio	0,46	0,44	0,44	0,48
Operating Profit Margin	4,89 %	4,74 %	5,88 %	3,38 %
Current Ratio	1,07	1,09	1,13	1,08
Quick Ratio	1,19	1,25	1,27	1,26
Equity Ratio	0,33	0,36	0,36	0,4
Gross Profit Margin	63,49 %	64,85 %	65,87 %	64,31 %