MELKETEKNIKK ØST AS

2634 FÅVANG

Finances

Share Ownership

Return on Equity

15,63 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	76 361 000	81 232 000	71 950 000	72 535 000
Net Income	1 033 000	2 228 000	1 300 000	2 318 000
Total Assets	27 288 000	22 822 000	15 884 000	21 235 000
Total Equity	6 609 000	6 076 000	3 721 000	4 420 000

Income (NOK)	2022	2021	2020	2019
Revenue	76 361 000	81 232 000	71 950 000	72 535 000
Expenditure	75 259 000	78 402 000	70 309 000	69 669 000
Operating Profit	1 102 000	2 830 000	1 641 000	2 866 000
Financial Income	237 000	30 000	33 000	112 000
Financial Costs	15 000	5 000	7 000	5 000
Financial Balance	222 000	25 000	26 000	107 000
Earnings Before Tax	1 325 000	2 856 000	1 667 000	2 973 000
Tax	291 000	628 000	367 000	654 000
Net Income	1 033 000	2 228 000	1 300 000	2 318 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	353 000
Total Current Assets	27 288 000	22 822 000	15 884 000	20 882 000
Total Assets	27 288 000	22 822 000	15 884 000	21 235 000
Total Retained Equity	6 509 000	5 976 000	3 621 000	4 320 000
Total Equity	6 609 000	6 076 000	3 721 000	4 420 000
Total Long-Term Debt	153 000	1 025 000	78 000	248 000
Total Current Debt	20 526 000	15 721 000	12 085 000	16 567 000
Total Equity and Debt	27 288 000	22 822 000	15 884 000	21 235 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	76 328 000	81 189 000	71 950 000	72 535 000
Other Income	33 000	44 000	0	0
Revenue	76 361 000	81 232 000	71 950 000	72 535 000
Cost of Goods Sold	74 428 000	77 685 000	69 660 000	68 290 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	75 259 000	78 402 000	70 309 000	69 669 000
Operating Profit	1 102 000	2 830 000	1 641 000	2 866 000
Financial Income	237 000	30 000	33 000	112 000
Financial Costs	15 000	5 000	7 000	5 000
Financial Balance	222 000	25 000	26 000	107 000
Dividends	500 000	1 000 000	2 000 000	0
Net Income	1 033 000	2 228 000	1 300 000	2 318 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	353 000
Total Fixed Assets	0	0	0	353 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 608 000	5 035 000	978 000	3 510 000
Total Current Assets	27 288 000	22 822 000	15 884 000	20 882 000
Total Assets	27 288 000	22 822 000	15 884 000	21 235 000
Total Equity	6 609 000	6 076 000	3 721 000	4 420 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	153 000	1 025 000	78 000	248 000
Creditors	14 800 000	9 729 000	6 428 000	12 381 000
Unpaid Taxes	2 155 000	2 050 000	1 655 000	2 402 000
Dividends	500 000	1 000 000	2 000 000	0
Other Current Debt	1 908 000	2 941 000	1 467 000	1 276 000
Total Current Debt	20 526 000	15 721 000	12 085 000	16 567 000
Total Equity and Debt	27 288 000	22 822 000	15 884 000	21 235 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,63 %	36,67 %	34,94 %	52,44 %
Debt-to-Equity Ratio	0,02	0,17	0,02	0,06
Operating Profit Margin	1,44 %	3,48 %	2,28 %	3,95 %
Current Ratio	1,33	1,45	1,31	1,26
Quick Ratio	1,33	1,45	1,31	1,26
Equity Ratio	0,24	0,27	0,23	0,21
Gross Profit Margin	2,53 %	4,37 %	3,18 %	5,85 %