MERIDIAN NORDIC LTD

1613 FREDRIKSTAD

Finances

Return on Equity

53,67 %

Current Ratio

2,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	799 000	550 000	236 000	644 000
Net Income	402 000	248 000	−316 000	201 000
Total Assets	1 326 000	820 000	489 000	709 000
Total Equity	749 000	347 000	99 000	415 000

Income (NOK)	2022	2021	2020	2019
Revenue	799 000	550 000	236 000	644 000
Expenditure	301 000	302 000	489 000	529 000
Operating Profit	498 000	248 000	−253 000	115 000
Financial Income	6 000	0	0	197 000
Financial Costs	0	0	63 000	54 000
Financial Balance	6 000	0	−63 000	143 000
Earnings Before Tax	504 000	248 000	−316 000	259 000
Tax	101 000	0	0	58 000
Net Income	402 000	248 000	−316 000	201 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	13 000	13 000	13 000
Total Current Assets	1 313 000	807 000	476 000	696 000
Total Assets	1 326 000	820 000	489 000	709 000
Total Retained Equity	749 000	347 000	99 000	415 000
Total Equity	749 000	347 000	99 000	415 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	576 000	473 000	389 000	293 000
Total Equity and Debt	1 326 000	820 000	489 000	709 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	492 000	365 000	196 000	488 000
Other Income	307 000	185 000	40 000	156 000
Revenue	799 000	550 000	236 000	644 000
Cost of Goods Sold	0	0	0	0
Salary Costs	89 000	107 000	159 000	108 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	301 000	302 000	489 000	529 000
Operating Profit	498 000	248 000	−253 000	115 000
Financial Income	6 000	0	0	197 000
Financial Costs	0	0	63 000	54 000
Financial Balance	6 000	0	−63 000	143 000
Dividends	0	0	0	0
Net Income	402 000	248 000	−316 000	201 000

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	13 000	13 000	13 000	13 000
Total Fixed Assets	13 000	13 000	13 000	13 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	697 000	610 000	329 000	419 000
Total Current Assets	1 313 000	807 000	476 000	696 000
Total Assets	1 326 000	820 000	489 000	709 000
Total Equity	749 000	347 000	99 000	415 000
Short-Term Group Debt	0	0	144 000	0
Total Long-Term Debt	0	0	0	0
Creditors	81 000	17 000	9 000	0
Unpaid Taxes	200 000	151 000	61 000	92 000
Dividends	0	0	0	0
Other Current Debt	194 000	305 000	174 000	143 000
Total Current Debt	576 000	473 000	389 000	293 000
Total Equity and Debt	1 326 000	820 000	489 000	709 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,67 %	71,47 %	−319,19 %	48,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	62,33 %	45,09 %	−107,2 %	17,86 %
Current Ratio	2,28	1,71	1,22	2,38
Quick Ratio	2,28	1,71	1,22	2,38
Equity Ratio	0,56	0,42	0,2	0,59
Gross Profit Margin	100 %	100 %	100 %	100 %