MERETHE HOLDING AS

3721 SKIEN

Finances

Return on Equity

−6,79 %

Current Ratio

3,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	600 000	500 000	0	0
Net Income	−573 000	−906 000	−747 000	4 960 000
Total Assets	10 266 000	12 418 000	15 594 000	18 963 000
Total Equity	8 434 000	11 407 000	13 514 000	15 761 000

Income (NOK)	2022	2021	2020	2019
Revenue	600 000	500 000	0	0
Expenditure	669 000	298 000	756 000	45 000
Operating Profit	−69 000	202 000	−756 000	−45 000
Financial Income	−489 000	292 000	9 000	5 005 000
Financial Costs	15 000	1 400 000	0	0
Financial Balance	−504 000	−1 108 000	9 000	5 005 000
Earnings Before Tax	−573 000	−906 000	−747 000	4 960 000
Tax	0	0	0	0
Net Income	−573 000	−906 000	−747 000	4 960 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 994 000	5 953 000	12 780 000	8 981 000
Total Current Assets	6 272 000	6 466 000	2 815 000	9 982 000
Total Assets	10 266 000	12 418 000	15 594 000	18 963 000
Total Retained Equity	8 050 000	11 023 000	13 129 000	15 376 000
Total Equity	8 434 000	11 407 000	13 514 000	15 761 000
Total Long-Term Debt	0	0	340 000	340 000
Total Current Debt	1 832 000	1 011 000	1 741 000	2 863 000
Total Equity and Debt	10 266 000	12 418 000	15 594 000	18 963 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	600 000	500 000	0	0
Other Income	0	0	0	0
Revenue	600 000	500 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	625 000	256 000	705 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	669 000	298 000	756 000	45 000
Operating Profit	−69 000	202 000	−756 000	−45 000
Financial Income	−489 000	292 000	9 000	5 005 000
Financial Costs	15 000	1 400 000	0	0
Financial Balance	−504 000	−1 108 000	9 000	5 005 000
Dividends	2 400 000	1 200 000	1 500 000	2 000 000
Net Income	−573 000	−906 000	−747 000	4 960 000

Balance details (NOK)	2022	2021	2020	2019
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	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 994 000	5 953 000	12 780 000	8 981 000
Total Fixed Assets	3 994 000	5 953 000	12 780 000	8 981 000
Stock	0	0	0	0
Total Investments	4 091 000	3 960 000	1 100 000	0
Cash, Bank	1 766 000	2 153 000	1 035 000	1 002 000
Total Current Assets	6 272 000	6 466 000	2 815 000	9 982 000
Total Assets	10 266 000	12 418 000	15 594 000	18 963 000
Total Equity	8 434 000	11 407 000	13 514 000	15 761 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	340 000	340 000
Creditors	5 000	0	0	0
Unpaid Taxes	69 000	37 000	206 000	0
Dividends	2 400 000	1 200 000	1 500 000	2 000 000
Other Current Debt	1 758 000	974 000	1 535 000	2 863 000
Total Current Debt	1 832 000	1 011 000	1 741 000	2 863 000
Total Equity and Debt	10 266 000	12 418 000	15 594 000	18 963 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,79 %	−7,94 %	−5,53 %	31,47 %
Debt-to-Equity Ratio	0	0	0,03	0,02
Operating Profit Margin	−11,5 %	40,4 %	-	-
Current Ratio	3,42	6,4	1,62	3,49
Quick Ratio	3,42	6,4	1,62	3,49
Equity Ratio	0,82	0,92	0,87	0,83
Gross Profit Margin	100 %	100 %	-	-