MEK EIENDOM AS

2656 FOLLEBU

Finances

Share Ownership

Return on Equity

−1,03 %

Current Ratio

18,5

Debt-to-Equity Ratio

1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	838 000	910 000	939 000	873 000
Net Income	−53 000	486 000	340 000	327 000
Total Assets	10 968 000	10 784 000	10 682 000	10 774 000
Total Equity	5 129 000	5 182 000	4 696 000	4 356 000

Income (NOK)	2022	2021	2020	2019
Revenue	838 000	910 000	939 000	873 000
Expenditure	760 000	201 000	381 000	290 000
Operating Profit	79 000	709 000	558 000	583 000
Financial Income	0	0	0	0
Financial Costs	131 000	86 000	122 000	164 000
Financial Balance	−131 000	−86 000	−122 000	−164 000
Earnings Before Tax	−53 000	623 000	436 000	419 000
Tax	0	137 000	96 000	92 000
Net Income	−53 000	486 000	340 000	327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 709 000	10 531 000	10 531 000	10 531 000
Total Current Assets	259 000	254 000	151 000	243 000
Total Assets	10 968 000	10 784 000	10 682 000	10 774 000
Total Retained Equity	5 029 000	5 082 000	4 596 000	4 256 000
Total Equity	5 129 000	5 182 000	4 696 000	4 356 000
Total Long-Term Debt	5 825 000	5 395 000	5 840 000	6 239 000
Total Current Debt	14 000	208 000	146 000	179 000
Total Equity and Debt	10 968 000	10 784 000	10 682 000	10 774 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	838 000	896 000	939 000	873 000
Other Income	0	14 000	0	0
Revenue	838 000	910 000	939 000	873 000
Cost of Goods Sold	7 000	0	0	3 000
Salary Costs	0	0	0	0
Depreciation	45 000	0	0	0
Impairment	0	0	0	0
Expenditure	760 000	201 000	381 000	290 000
Operating Profit	79 000	709 000	558 000	583 000
Financial Income	0	0	0	0
Financial Costs	131 000	86 000	122 000	164 000
Financial Balance	−131 000	−86 000	−122 000	−164 000
Dividends	0	0	0	0
Net Income	−53 000	486 000	340 000	327 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 531 000	10 531 000	10 531 000	10 531 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	178 000	0	0	0
Total Tangible Assets	10 709 000	10 531 000	10 531 000	10 531 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 709 000	10 531 000	10 531 000	10 531 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	56 000	234 000	151 000	178 000
Total Current Assets	259 000	254 000	151 000	243 000
Total Assets	10 968 000	10 784 000	10 682 000	10 774 000
Total Equity	5 129 000	5 182 000	4 696 000	4 356 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 825 000	5 395 000	5 840 000	6 239 000
Creditors	4 000	6 000	18 000	15 000
Unpaid Taxes	0	54 000	15 000	25 000
Dividends	0	0	0	0
Other Current Debt	10 000	10 000	17 000	47 000
Total Current Debt	14 000	208 000	146 000	179 000
Total Equity and Debt	10 968 000	10 784 000	10 682 000	10 774 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,03 %	9,38 %	7,24 %	7,51 %
Debt-to-Equity Ratio	1,14	1,04	1,24	1,43
Operating Profit Margin	9,43 %	77,91 %	59,42 %	66,78 %
Current Ratio	18,5	1,22	1,03	1,36
Quick Ratio	18,5	1,22	1,03	1,36
Equity Ratio	0,47	0,48	0,44	0,4
Gross Profit Margin	99,16 %	100 %	100 %	99,66 %