MECS AS

4355 KVERNALAND

Finances

Share Ownership

Return on Equity

22,02 %

Current Ratio

10,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 000	40 000	41 000	14 000
Net Income	24 000	27 000	36 000	7 000
Total Assets	120 000	90 000	58 000	22 000
Total Equity	109 000	84 000	57 000	21 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 000	40 000	41 000	14 000
Expenditure	9 000	7 000	5 000	7 000
Operating Profit	31 000	33 000	36 000	7 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	31 000	33 000	36 000	7 000
Tax	7 000	6 000	0	0
Net Income	24 000	27 000	36 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	120 000	90 000	58 000	22 000
Total Assets	120 000	90 000	58 000	22 000
Total Retained Equity	9 000	−16 000	−43 000	−79 000
Total Equity	109 000	84 000	57 000	21 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 000	6 000	1 000	1 000
Total Equity and Debt	120 000	90 000	58 000	22 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 000	40 000	41 000	14 000
Other Income	0	0	0	0
Revenue	40 000	40 000	41 000	14 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 000	7 000	5 000	7 000
Operating Profit	31 000	33 000	36 000	7 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	24 000	27 000	36 000	7 000

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	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	107 000	38 000	30 000	1 000
Total Current Assets	120 000	90 000	58 000	22 000
Total Assets	120 000	90 000	58 000	22 000
Total Equity	109 000	84 000	57 000	21 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	1 000	1 000
Unpaid Taxes	4 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	11 000	6 000	1 000	1 000
Total Equity and Debt	120 000	90 000	58 000	22 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,02 %	32,14 %	63,16 %	33,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	77,5 %	82,5 %	87,8 %	50 %
Current Ratio	10,91	15	58	22
Quick Ratio	10,91	15	58	22
Equity Ratio	0,91	0,93	0,98	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %