MESTERMO VVS AS

6940 EIKEFJORD

Finances

Return on Equity

5,21 %

Current Ratio

4,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 615 000	7 366 000	7 245 000	8 181 000
Net Income	313 000	624 000	1 342 000	546 000
Total Assets	7 717 000	7 293 000	7 612 000	6 057 000
Total Equity	6 009 000	5 696 000	5 072 000	4 730 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 615 000	7 366 000	7 245 000	8 181 000
Expenditure	7 254 000	6 607 000	5 626 000	7 570 000
Operating Profit	361 000	760 000	1 619 000	612 000
Financial Income	103 000	52 000	62 000	137 000
Financial Costs	0	0	2 000	0
Financial Balance	103 000	52 000	60 000	137 000
Earnings Before Tax	465 000	812 000	1 679 000	749 000
Tax	151 000	187 000	337 000	203 000
Net Income	313 000	624 000	1 342 000	546 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	744 000	568 000	588 000	700 000
Total Current Assets	6 972 000	6 726 000	7 024 000	5 357 000
Total Assets	7 717 000	7 293 000	7 612 000	6 057 000
Total Retained Equity	5 909 000	5 596 000	4 972 000	4 630 000
Total Equity	6 009 000	5 696 000	5 072 000	4 730 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 707 000	1 597 000	2 540 000	1 327 000
Total Equity and Debt	7 717 000	7 293 000	7 612 000	6 057 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 615 000	7 366 000	7 245 000	8 181 000
Other Income	0	0	0	0
Revenue	7 615 000	7 366 000	7 245 000	8 181 000
Cost of Goods Sold	2 494 000	2 173 000	2 244 000	3 161 000
Salary Costs	3 530 000	3 606 000	2 781 000	3 261 000
Depreciation	75 000	75 000	112 000	147 000
Impairment	0	0	0	0
Expenditure	7 254 000	6 607 000	5 626 000	7 570 000
Operating Profit	361 000	760 000	1 619 000	612 000
Financial Income	103 000	52 000	62 000	137 000
Financial Costs	0	0	2 000	0
Financial Balance	103 000	52 000	60 000	137 000
Dividends	0	0	1 000 000	0
Net Income	313 000	624 000	1 342 000	546 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	252 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	88 000	163 000	275 000
Total Tangible Assets	264 000	88 000	163 000	275 000
Total Fiancial Fixed Assets	480 000	480 000	425 000	425 000
Total Fixed Assets	744 000	568 000	588 000	700 000
Stock	751 000	569 000	534 000	452 000
Total Investments	0	0	0	0
Cash, Bank	4 757 000	4 146 000	4 319 000	3 123 000
Total Current Assets	6 972 000	6 726 000	7 024 000	5 357 000
Total Assets	7 717 000	7 293 000	7 612 000	6 057 000
Total Equity	6 009 000	5 696 000	5 072 000	4 730 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	511 000	143 000	143 000	153 000
Unpaid Taxes	653 000	662 000	793 000	639 000
Dividends	0	0	1 000 000	0
Other Current Debt	392 000	605 000	267 000	333 000
Total Current Debt	1 707 000	1 597 000	2 540 000	1 327 000
Total Equity and Debt	7 717 000	7 293 000	7 612 000	6 057 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,21 %	10,96 %	26,46 %	11,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,74 %	10,32 %	22,35 %	7,48 %
Current Ratio	4,08	4,21	2,77	4,04
Quick Ratio	7,29	6,54	3,5	6,12
Equity Ratio	0,78	0,78	0,67	0,78
Gross Profit Margin	67,25 %	70,5 %	69,03 %	61,36 %