MERETOR AS

6964 KORSSUND

Finances

Return on Equity

11,82 %

Current Ratio

2,4

Debt-to-Equity Ratio

2,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 037 000	2 219 000	1 896 000	2 616 000
Net Income	76 000	467 000	441 000	433 000
Total Assets	2 597 000	2 760 000	2 704 000	2 101 000
Total Equity	643 000	567 000	1 245 000	804 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 037 000	2 219 000	1 896 000	2 616 000
Expenditure	1 848 000	1 750 000	1 325 000	1 518 000
Operating Profit	181 000	467 000	561 000	632 000
Financial Income	0	155 000	1 000	11 000
Financial Costs	84 000	63 000	41 000	44 000
Financial Balance	−84 000	92 000	−40 000	−33 000
Earnings Before Tax	97 000	559 000	521 000	599 000
Tax	21 000	92 000	81 000	166 000
Net Income	76 000	467 000	441 000	433 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 019 000	2 260 000	1 500 000	724 000
Total Current Assets	578 000	500 000	1 203 000	1 377 000
Total Assets	2 597 000	2 760 000	2 704 000	2 101 000
Total Retained Equity	543 000	467 000	1 145 000	704 000
Total Equity	643 000	567 000	1 245 000	804 000
Total Long-Term Debt	1 713 000	1 926 000	1 348 000	803 000
Total Current Debt	241 000	267 000	111 000	495 000
Total Equity and Debt	2 597 000	2 760 000	2 704 000	2 101 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 785 000	1 743 000	1 546 000	1 990 000
Other Income	252 000	476 000	350 000	627 000
Revenue	2 037 000	2 219 000	1 896 000	2 616 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 086 000	940 000	709 000	831 000
Depreciation	500 000	394 000	287 000	360 000
Impairment	0	0	0	0
Expenditure	1 848 000	1 750 000	1 325 000	1 518 000
Operating Profit	181 000	467 000	561 000	632 000
Financial Income	0	155 000	1 000	11 000
Financial Costs	84 000	63 000	41 000	44 000
Financial Balance	−84 000	92 000	−40 000	−33 000
Dividends	0	0	0	300 000
Net Income	76 000	467 000	441 000	433 000

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	1 377 000	1 790 000	160 000	671 000
Fixtures	0	0	769 000	0
Total Tangible Assets	1 728 000	2 228 000	1 470 000	694 000
Total Fiancial Fixed Assets	291 000	32 000	30 000	30 000
Total Fixed Assets	2 019 000	2 260 000	1 500 000	724 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	659 000	320 000	1 139 000	603 000
Total Current Assets	578 000	500 000	1 203 000	1 377 000
Total Assets	2 597 000	2 760 000	2 704 000	2 101 000
Total Equity	643 000	567 000	1 245 000	804 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 713 000	1 926 000	1 348 000	803 000
Creditors	42 000	85 000	−63 000	28 000
Unpaid Taxes	121 000	138 000	102 000	225 000
Dividends	0	0	0	300 000
Other Current Debt	20 000	8 000	55 000	75 000
Total Current Debt	241 000	267 000	111 000	495 000
Total Equity and Debt	2 597 000	2 760 000	2 704 000	2 101 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,82 %	82,36 %	35,42 %	53,86 %
Debt-to-Equity Ratio	2,66	3,4	1,08	1
Operating Profit Margin	8,89 %	21,05 %	29,59 %	24,16 %
Current Ratio	2,4	1,87	10,84	2,78
Quick Ratio	2,4	1,87	10,84	2,78
Equity Ratio	0,25	0,21	0,46	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %