MEETCON AS

3676 NOTODDEN

Finances

Return on Equity

14 %

Current Ratio

1,73

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 466 000	11 147 000	10 375 000	3 930 000
Net Income	320 000	954 000	860 000	−689 000
Total Assets	4 774 000	4 920 000	4 110 000	2 212 000
Total Equity	2 285 000	1 878 000	1 162 000	301 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 466 000	11 147 000	10 375 000	3 930 000
Expenditure	11 005 000	10 177 000	9 484 000	4 546 000
Operating Profit	461 000	970 000	891 000	−616 000
Financial Income	6 000	0	5 000	2 000
Financial Costs	6 000	6 000	36 000	75 000
Financial Balance	0	−6 000	−31 000	−73 000
Earnings Before Tax	462 000	964 000	860 000	−689 000
Tax	143 000	10 000	0	0
Net Income	320 000	954 000	860 000	−689 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	526 000	272 000	498 000	690 000
Total Current Assets	4 248 000	4 647 000	3 612 000	1 522 000
Total Assets	4 774 000	4 920 000	4 110 000	2 212 000
Total Retained Equity	2 104 000	1 834 000	880 000	20 000
Total Equity	2 285 000	1 878 000	1 162 000	301 000
Total Long-Term Debt	38 000	92 000	126 000	161 000
Total Current Debt	2 451 000	2 949 000	2 822 000	1 750 000
Total Equity and Debt	4 774 000	4 920 000	4 110 000	2 212 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 103 000	10 510 000	10 375 000	3 498 000
Other Income	−637 000	637 000	0	432 000
Revenue	11 466 000	11 147 000	10 375 000	3 930 000
Cost of Goods Sold	5 860 000	5 781 000	6 062 000	1 383 000
Salary Costs	3 585 000	3 218 000	2 358 000	2 091 000
Depreciation	226 000	225 000	224 000	205 000
Impairment	0	0	0	0
Expenditure	11 005 000	10 177 000	9 484 000	4 546 000
Operating Profit	461 000	970 000	891 000	−616 000
Financial Income	6 000	0	5 000	2 000
Financial Costs	6 000	6 000	36 000	75 000
Financial Balance	0	−6 000	−31 000	−73 000
Dividends	50 000	0	0	0
Net Income	320 000	954 000	860 000	−689 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	178 000	355 000	533 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	252 000	95 000	143 000	157 000
Total Tangible Assets	252 000	95 000	143 000	157 000
Total Fiancial Fixed Assets	275 000	0	0	0
Total Fixed Assets	526 000	272 000	498 000	690 000
Stock	391 000	215 000	34 000	615 000
Total Investments	0	0	0	0
Cash, Bank	2 934 000	3 144 000	2 200 000	100 000
Total Current Assets	4 248 000	4 647 000	3 612 000	1 522 000
Total Assets	4 774 000	4 920 000	4 110 000	2 212 000
Total Equity	2 285 000	1 878 000	1 162 000	301 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	38 000	92 000	126 000	161 000
Creditors	359 000	1 410 000	883 000	116 000
Unpaid Taxes	710 000	531 000	1 217 000	405 000
Dividends	50 000	0	0	0
Other Current Debt	1 182 000	1 009 000	722 000	443 000
Total Current Debt	2 451 000	2 949 000	2 822 000	1 750 000
Total Equity and Debt	4 774 000	4 920 000	4 110 000	2 212 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14 %	50,8 %	74,01 %	−228,9 %
Debt-to-Equity Ratio	0,02	0,05	0,11	0,53
Operating Profit Margin	4,02 %	8,7 %	8,59 %	−15,67 %
Current Ratio	1,73	1,58	1,28	0,87
Quick Ratio	2,06	1,7	1,3	1,34
Equity Ratio	0,48	0,38	0,28	0,14
Gross Profit Margin	48,89 %	48,14 %	41,57 %	64,81 %