MEC HOLDING AS

5056 BERGEN

Finances

Return on Equity

−0,43 %

Current Ratio

0,09

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	135 000	15 000	0	302 000
Net Income	−25 000	−81 000	−139 000	107 000
Total Assets	6 625 000	6 437 000	6 495 000	6 608 000
Total Equity	5 795 000	5 820 000	5 901 000	6 040 000

Income (NOK)	2022	2021	2020	2019
Revenue	135 000	15 000	0	302 000
Expenditure	166 000	119 000	200 000	242 000
Operating Profit	−31 000	−104 000	−200 000	60 000
Financial Income	0	0	52 000	48 000
Financial Costs	2 000	0	0	1 000
Financial Balance	−2 000	0	52 000	47 000
Earnings Before Tax	−32 000	−104 000	−148 000	107 000
Tax	−7 000	−23 000	−9 000	0
Net Income	−25 000	−81 000	−139 000	107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 611 000	6 034 000	5 978 000	6 002 000
Total Current Assets	14 000	403 000	517 000	606 000
Total Assets	6 625 000	6 437 000	6 495 000	6 608 000
Total Retained Equity	5 685 000	5 710 000	5 792 000	5 931 000
Total Equity	5 795 000	5 820 000	5 901 000	6 040 000
Total Long-Term Debt	681 000	447 000	447 000	447 000
Total Current Debt	149 000	170 000	146 000	121 000
Total Equity and Debt	6 625 000	6 437 000	6 495 000	6 608 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	135 000	15 000	0	302 000
Revenue	135 000	15 000	0	302 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	166 000	119 000	200 000	242 000
Operating Profit	−31 000	−104 000	−200 000	60 000
Financial Income	0	0	52 000	48 000
Financial Costs	2 000	0	0	1 000
Financial Balance	−2 000	0	52 000	47 000
Dividends	0	0	0	0
Net Income	−25 000	−81 000	−139 000	107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	89 000	82 000	26 000	50 000
Real Eastate	5 952 000	5 952 000	5 952 000	5 952 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 952 000	5 952 000	5 952 000	5 952 000
Total Fiancial Fixed Assets	570 000	0	0	0
Total Fixed Assets	6 611 000	6 034 000	5 978 000	6 002 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 000	1 000	1 000	23 000
Total Current Assets	14 000	403 000	517 000	606 000
Total Assets	6 625 000	6 437 000	6 495 000	6 608 000
Total Equity	5 795 000	5 820 000	5 901 000	6 040 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	681 000	447 000	447 000	447 000
Creditors	36 000	67 000	44 000	63 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	113 000	104 000	103 000	57 000
Total Current Debt	149 000	170 000	146 000	121 000
Total Equity and Debt	6 625 000	6 437 000	6 495 000	6 608 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,43 %	−1,39 %	−2,36 %	1,77 %
Debt-to-Equity Ratio	0,12	0,08	0,08	0,07
Operating Profit Margin	−22,96 %	−693,33 %	-	19,87 %
Current Ratio	0,09	2,37	3,54	5,01
Quick Ratio	0,09	2,37	3,54	5,01
Equity Ratio	0,87	0,9	0,91	0,91
Gross Profit Margin	100 %	100 %	-	100 %