MEMO ELEKTRO INSTALLASJON AS

1461 LØRENSKOG

Finances

Return on Equity

5,79 %

Current Ratio

1,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 216 000	8 726 000	8 152 000	11 449 000
Net Income	46 000	442 000	−355 000	1 122 000
Total Assets	2 009 000	2 703 000	2 280 000	3 374 000
Total Equity	794 000	748 000	306 000	661 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 216 000	8 726 000	8 152 000	11 449 000
Expenditure	8 190 000	8 229 000	8 511 000	10 007 000
Operating Profit	26 000	498 000	−360 000	1 442 000
Financial Income	21 000	15 000	8 000	13 000
Financial Costs	0	0	2 000	1 000
Financial Balance	21 000	15 000	6 000	12 000
Earnings Before Tax	46 000	513 000	−355 000	1 455 000
Tax	0	71 000	0	333 000
Net Income	46 000	442 000	−355 000	1 122 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	267 000	329 000	95 000	113 000
Total Current Assets	1 742 000	2 374 000	2 185 000	3 261 000
Total Assets	2 009 000	2 703 000	2 280 000	3 374 000
Total Retained Equity	694 000	648 000	206 000	561 000
Total Equity	794 000	748 000	306 000	661 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 215 000	1 955 000	1 975 000	2 713 000
Total Equity and Debt	2 009 000	2 703 000	2 280 000	3 374 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 184 000	8 726 000	8 095 000	11 418 000
Other Income	33 000	0	57 000	31 000
Revenue	8 216 000	8 726 000	8 152 000	11 449 000
Cost of Goods Sold	2 096 000	1 980 000	1 966 000	2 557 000
Salary Costs	4 782 000	4 888 000	4 638 000	5 716 000
Depreciation	62 000	31 000	25 000	17 000
Impairment	0	0	0	0
Expenditure	8 190 000	8 229 000	8 511 000	10 007 000
Operating Profit	26 000	498 000	−360 000	1 442 000
Financial Income	21 000	15 000	8 000	13 000
Financial Costs	0	0	2 000	1 000
Financial Balance	21 000	15 000	6 000	12 000
Dividends	0	0	0	561 000
Net Income	46 000	442 000	−355 000	1 122 000

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	261 000	322 000	89 000	107 000
Total Tangible Assets	261 000	322 000	89 000	107 000
Total Fiancial Fixed Assets	6 000	6 000	6 000	6 000
Total Fixed Assets	267 000	329 000	95 000	113 000
Stock	165 000	202 000	92 000	93 000
Total Investments	0	0	0	0
Cash, Bank	881 000	368 000	467 000	1 581 000
Total Current Assets	1 742 000	2 374 000	2 185 000	3 261 000
Total Assets	2 009 000	2 703 000	2 280 000	3 374 000
Total Equity	794 000	748 000	306 000	661 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	244 000	614 000	333 000	187 000
Unpaid Taxes	571 000	675 000	756 000	896 000
Dividends	0	0	0	561 000
Other Current Debt	399 000	593 000	886 000	1 297 000
Total Current Debt	1 215 000	1 955 000	1 975 000	2 713 000
Total Equity and Debt	2 009 000	2 703 000	2 280 000	3 374 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,79 %	59,09 %	−116,01 %	169,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,32 %	5,71 %	−4,42 %	12,59 %
Current Ratio	1,43	1,21	1,11	1,2
Quick Ratio	1,66	1,35	1,16	1,24
Equity Ratio	0,4	0,28	0,13	0,2
Gross Profit Margin	74,49 %	77,31 %	75,88 %	77,67 %