MERO HOLDING AS

1712 GRÅLUM

Finances

Return on Equity

29,51 %

Current Ratio

1,99

Debt-to-Equity Ratio

2,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 235 000	89 351 000	77 991 000	78 020 000
Net Income	13 920 000	11 953 000	9 583 000	5 713 000
Total Assets	188 962 000	175 721 000	168 169 000	171 895 000
Total Equity	47 173 000	37 252 000	27 799 000	19 966 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 235 000	89 351 000	77 991 000	78 020 000
Expenditure	84 110 000	75 256 000	65 152 000	68 461 000
Operating Profit	16 125 000	14 096 000	12 839 000	9 559 000
Financial Income	4 129 000	3 486 000	2 895 000	2 962 000
Financial Costs	4 331 000	2 754 000	4 039 000	4 755 000
Financial Balance	−202 000	732 000	−1 144 000	−1 793 000
Earnings Before Tax	15 923 000	14 828 000	11 695 000	7 766 000
Tax	2 002 000	2 874 000	2 113 000	2 053 000
Net Income	13 920 000	11 953 000	9 583 000	5 713 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	133 821 000	134 789 000	135 245 000	132 844 000
Total Current Assets	55 141 000	40 932 000	32 924 000	39 051 000
Total Assets	188 962 000	175 721 000	168 169 000	171 895 000
Total Retained Equity	38 217 000	28 297 000	18 843 000	11 011 000
Total Equity	47 173 000	37 252 000	27 799 000	19 966 000
Total Long-Term Debt	114 109 000	123 007 000	124 705 000	126 338 000
Total Current Debt	27 680 000	15 462 000	15 664 000	25 591 000
Total Equity and Debt	188 962 000	175 721 000	168 169 000	171 895 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	81 225 000	72 146 000	62 180 000	63 575 000
Other Income	19 010 000	17 206 000	15 811 000	14 445 000
Revenue	100 235 000	89 351 000	77 991 000	78 020 000
Cost of Goods Sold	54 830 000	49 104 000	41 228 000	42 013 000
Salary Costs	15 043 000	12 667 000	12 116 000	13 596 000
Depreciation	3 988 000	3 890 000	3 856 000	3 816 000
Impairment	0	0	0	0
Expenditure	84 110 000	75 256 000	65 152 000	68 461 000
Operating Profit	16 125 000	14 096 000	12 839 000	9 559 000
Financial Income	4 129 000	3 486 000	2 895 000	2 962 000
Financial Costs	4 331 000	2 754 000	4 039 000	4 755 000
Financial Balance	−202 000	732 000	−1 144 000	−1 793 000
Dividends	0	2 000 000	0	0
Net Income	13 920 000	11 953 000	9 583 000	5 713 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	37 000
Total Intangible Assets	682 000	761 000	824 000	1 092 000
Real Eastate	114 400 000	117 104 000	117 279 000	119 819 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 662 000	1 910 000	2 139 000	2 317 000
Total Tangible Assets	116 062 000	119 014 000	119 418 000	122 136 000
Total Fiancial Fixed Assets	17 076 000	15 014 000	15 003 000	9 617 000
Total Fixed Assets	133 821 000	134 789 000	135 245 000	132 844 000
Stock	41 407 000	23 493 000	22 776 000	28 709 000
Total Investments	0	0	0	0
Cash, Bank	520 000	7 395 000	1 038 000	476 000
Total Current Assets	55 141 000	40 932 000	32 924 000	39 051 000
Total Assets	188 962 000	175 721 000	168 169 000	171 895 000
Total Equity	47 173 000	37 252 000	27 799 000	19 966 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	114 109 000	123 007 000	124 705 000	126 338 000
Creditors	2 603 000	3 211 000	3 805 000	2 336 000
Unpaid Taxes	3 094 000	2 748 000	2 681 000	2 314 000
Dividends	0	2 000 000	0	0
Other Current Debt	7 534 000	6 077 000	5 369 000	6 437 000
Total Current Debt	27 680 000	15 462 000	15 664 000	25 591 000
Total Equity and Debt	188 962 000	175 721 000	168 169 000	171 895 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,51 %	32,09 %	34,47 %	28,61 %
Debt-to-Equity Ratio	2,42	3,3	4,49	6,33
Operating Profit Margin	16,09 %	15,78 %	16,46 %	12,25 %
Current Ratio	1,99	2,65	2,1	1,53
Quick Ratio	−4,02	−5,1	−4,63	−12,52
Equity Ratio	0,25	0,21	0,17	0,12
Gross Profit Margin	45,3 %	45,04 %	47,14 %	46,15 %