MEHS HOLDING AS

4270 ÅKREHAMN

Finances

Return on Equity

69,35 %

Current Ratio

8,16

Debt-to-Equity Ratio

2,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	302 000	2 356 000	2 285 000	1 499 000
Net Income	129 000	−63 000	79 000	19 000
Total Assets	785 000	834 000	1 086 000	661 000
Total Equity	186 000	57 000	120 000	41 000

Income (NOK)	2022	2021	2020	2019
Revenue	302 000	2 356 000	2 285 000	1 499 000
Expenditure	259 000	2 474 000	2 304 000	1 447 000
Operating Profit	43 000	−39 000	147 000	52 000
Financial Income	168 000	0	0	0
Financial Costs	48 000	41 000	43 000	27 000
Financial Balance	120 000	−41 000	−43 000	−27 000
Earnings Before Tax	162 000	−80 000	103 000	25 000
Tax	33 000	−17 000	25 000	6 000
Net Income	129 000	−63 000	79 000	19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	312 000	500 000	608 000	342 000
Total Current Assets	473 000	334 000	478 000	319 000
Total Assets	785 000	834 000	1 086 000	661 000
Total Retained Equity	−14 000	−143 000	−80 000	−159 000
Total Equity	186 000	57 000	120 000	41 000
Total Long-Term Debt	541 000	470 000	662 000	332 000
Total Current Debt	58 000	307 000	303 000	287 000
Total Equity and Debt	785 000	834 000	1 086 000	661 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	302 000	2 356 000	2 213 000	1 499 000
Other Income	0	0	72 000	0
Revenue	302 000	2 356 000	2 285 000	1 499 000
Cost of Goods Sold	15 000	1 081 000	1 107 000	486 000
Salary Costs	5 000	772 000	599 000	520 000
Depreciation	155 000	155 000	143 000	124 000
Impairment	0	0	0	0
Expenditure	259 000	2 474 000	2 304 000	1 447 000
Operating Profit	43 000	−39 000	147 000	52 000
Financial Income	168 000	0	0	0
Financial Costs	48 000	41 000	43 000	27 000
Financial Balance	120 000	−41 000	−43 000	−27 000
Dividends	0	0	0	0
Net Income	129 000	−63 000	79 000	19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	39 000	22 000	47 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	276 000	431 000	586 000	295 000
Total Tangible Assets	276 000	431 000	586 000	295 000
Total Fiancial Fixed Assets	30 000	30 000	0	0
Total Fixed Assets	312 000	500 000	608 000	342 000
Stock	0	245 000	167 000	0
Total Investments	147 000	0	0	0
Cash, Bank	2 000	−57 000	180 000	118 000
Total Current Assets	473 000	334 000	478 000	319 000
Total Assets	785 000	834 000	1 086 000	661 000
Total Equity	186 000	57 000	120 000	41 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	541 000	470 000	662 000	332 000
Creditors	9 000	178 000	228 000	171 000
Unpaid Taxes	49 000	48 000	13 000	50 000
Dividends	0	0	0	0
Other Current Debt	0	82 000	62 000	66 000
Total Current Debt	58 000	307 000	303 000	287 000
Total Equity and Debt	785 000	834 000	1 086 000	661 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,35 %	−110,53 %	65,83 %	46,34 %
Debt-to-Equity Ratio	2,91	8,25	5,52	8,1
Operating Profit Margin	14,24 %	−1,66 %	6,43 %	3,47 %
Current Ratio	8,16	1,09	1,58	1,11
Quick Ratio	8,16	5,39	3,51	1,11
Equity Ratio	0,24	0,07	0,11	0,06
Gross Profit Margin	95,03 %	54,12 %	51,55 %	67,58 %