MERK AS

6018 ÅLESUND

Finances

Return on Equity

−137,69 %

Current Ratio

1,03

Debt-to-Equity Ratio

1,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	85 125 000	67 817 000	49 954 000	27 298 000
Net Income	−2 254 000	859 000	2 542 000	516 000
Total Assets	43 426 000	36 847 000	53 055 000	6 997 000
Total Equity	1 637 000	3 370 000	3 261 000	718 000

Income (NOK)	2022	2021	2020	2019
Revenue	85 125 000	67 817 000	49 954 000	27 298 000
Expenditure	87 419 000	66 321 000	46 160 000	26 097 000
Operating Profit	−2 295 000	1 495 000	3 793 000	1 201 000
Financial Income	112 000	7 000	7 000	7 000
Financial Costs	460 000	400 000	540 000	548 000
Financial Balance	−348 000	−393 000	−533 000	−541 000
Earnings Before Tax	−2 643 000	1 103 000	3 260 000	661 000
Tax	−389 000	244 000	718 000	145 000
Net Income	−2 254 000	859 000	2 542 000	516 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 834 000	2 494 000	3 076 000	3 507 000
Total Current Assets	40 592 000	34 353 000	49 980 000	3 490 000
Total Assets	43 426 000	36 847 000	53 055 000	6 997 000
Total Retained Equity	−1 443 000	1 345 000	486 000	−2 057 000
Total Equity	1 637 000	3 370 000	3 261 000	718 000
Total Long-Term Debt	2 206 000	240 000	3 773 000	0
Total Current Debt	39 583 000	33 237 000	46 021 000	6 279 000
Total Equity and Debt	43 426 000	36 847 000	53 055 000	6 997 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	85 125 000	68 165 000	49 251 000	19 971 000
Other Income	0	−348 000	702 000	7 327 000
Revenue	85 125 000	67 817 000	49 954 000	27 298 000
Cost of Goods Sold	81 842 000	61 022 000	42 531 000	23 668 000
Salary Costs	2 989 000	2 773 000	1 922 000	1 300 000
Depreciation	78 000	157 000	106 000	158 000
Impairment	0	0	0	0
Expenditure	87 419 000	66 321 000	46 160 000	26 097 000
Operating Profit	−2 295 000	1 495 000	3 793 000	1 201 000
Financial Income	112 000	7 000	7 000	7 000
Financial Costs	460 000	400 000	540 000	548 000
Financial Balance	−348 000	−393 000	−533 000	−541 000
Dividends	0	0	0	0
Net Income	−2 254 000	859 000	2 542 000	516 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	986 000	405 000	648 000	1 369 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	186 000	230 000	763 000	448 000
Total Tangible Assets	186 000	230 000	763 000	448 000
Total Fiancial Fixed Assets	1 662 000	1 859 000	1 665 000	1 689 000
Total Fixed Assets	2 834 000	2 494 000	3 076 000	3 507 000
Stock	10 567 000	13 295 000	8 434 000	1 351 000
Total Investments	0	0	0	0
Cash, Bank	1 644 000	1 197 000	3 466 000	1 069 000
Total Current Assets	40 592 000	34 353 000	49 980 000	3 490 000
Total Assets	43 426 000	36 847 000	53 055 000	6 997 000
Total Equity	1 637 000	3 370 000	3 261 000	718 000
Short-Term Group Debt	1 689 000	2 069 000	0	0
Total Long-Term Debt	2 206 000	240 000	3 773 000	0
Creditors	8 526 000	9 849 000	9 630 000	3 982 000
Unpaid Taxes	511 000	647 000	466 000	162 000
Dividends	0	0	0	0
Other Current Debt	9 985 000	4 971 000	10 244 000	1 876 000
Total Current Debt	39 583 000	33 237 000	46 021 000	6 279 000
Total Equity and Debt	43 426 000	36 847 000	53 055 000	6 997 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−137,69 %	25,49 %	77,95 %	71,87 %
Debt-to-Equity Ratio	1,35	0,07	1,16	0
Operating Profit Margin	−2,7 %	2,2 %	7,59 %	4,4 %
Current Ratio	1,03	1,03	1,09	0,56
Quick Ratio	1,4	1,72	1,33	0,71
Equity Ratio	0,04	0,09	0,06	0,1
Gross Profit Margin	3,86 %	10,02 %	14,86 %	13,3 %