MEYER OTTESEN ENGROS AS

9024 TOMASJORD

Finances

Return on Equity

12,31 %

Current Ratio

3,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 469 000	8 413 000	7 911 000	7 320 000
Net Income	445 000	256 000	311 000	−306 000
Total Assets	4 951 000	4 123 000	4 272 000	3 484 000
Total Equity	3 616 000	3 171 000	2 915 000	2 604 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 469 000	8 413 000	7 911 000	7 320 000
Expenditure	8 870 000	8 117 000	7 544 000	7 743 000
Operating Profit	599 000	296 000	366 000	−422 000
Financial Income	38 000	42 000	34 000	32 000
Financial Costs	65 000	9 000	0	0
Financial Balance	−27 000	33 000	34 000	32 000
Earnings Before Tax	571 000	328 000	400 000	−391 000
Tax	127 000	72 000	89 000	−85 000
Net Income	445 000	256 000	311 000	−306 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	842 000	1 197 000	659 000	765 000
Total Current Assets	4 110 000	2 926 000	3 612 000	2 719 000
Total Assets	4 951 000	4 123 000	4 272 000	3 484 000
Total Retained Equity	3 516 000	3 071 000	2 815 000	2 504 000
Total Equity	3 616 000	3 171 000	2 915 000	2 604 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 336 000	952 000	1 356 000	879 000
Total Equity and Debt	4 951 000	4 123 000	4 272 000	3 484 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 318 000	8 284 000	7 479 000	7 031 000
Other Income	151 000	129 000	432 000	289 000
Revenue	9 469 000	8 413 000	7 911 000	7 320 000
Cost of Goods Sold	7 103 000	6 215 000	5 654 000	5 411 000
Salary Costs	1 246 000	1 311 000	1 185 000	1 221 000
Depreciation	43 000	18 000	27 000	40 000
Impairment	0	0	0	0
Expenditure	8 870 000	8 117 000	7 544 000	7 743 000
Operating Profit	599 000	296 000	366 000	−422 000
Financial Income	38 000	42 000	34 000	32 000
Financial Costs	65 000	9 000	0	0
Financial Balance	−27 000	33 000	34 000	32 000
Dividends	0	0	0	0
Net Income	445 000	256 000	311 000	−306 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	103 000	149 000	219 000	308 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	689 000	7 000	24 000	51 000
Total Tangible Assets	689 000	7 000	24 000	51 000
Total Fiancial Fixed Assets	50 000	1 041 000	416 000	406 000
Total Fixed Assets	842 000	1 197 000	659 000	765 000
Stock	836 000	663 000	543 000	568 000
Total Investments	0	0	0	0
Cash, Bank	2 456 000	1 718 000	2 491 000	1 856 000
Total Current Assets	4 110 000	2 926 000	3 612 000	2 719 000
Total Assets	4 951 000	4 123 000	4 272 000	3 484 000
Total Equity	3 616 000	3 171 000	2 915 000	2 604 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	366 000	70 000	516 000	92 000
Unpaid Taxes	205 000	213 000	188 000	157 000
Dividends	0	0	0	0
Other Current Debt	684 000	667 000	652 000	630 000
Total Current Debt	1 336 000	952 000	1 356 000	879 000
Total Equity and Debt	4 951 000	4 123 000	4 272 000	3 484 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,31 %	8,07 %	10,67 %	−11,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,33 %	3,52 %	4,63 %	−5,77 %
Current Ratio	3,08	3,07	2,66	3,09
Quick Ratio	8,22	10,12	4,44	8,74
Equity Ratio	0,73	0,77	0,68	0,75
Gross Profit Margin	24,99 %	26,13 %	28,53 %	26,08 %