KRISTIANSEN MEK LTD

8410 LØDINGEN

Finances

Share Ownership

Return on Equity

25 %

Current Ratio

2,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	976 000	1 089 000	1 194 000	1 515 000
Net Income	139 000	180 000	−25 000	227 000
Total Assets	907 000	740 000	562 000	683 000
Total Equity	556 000	417 000	237 000	262 000

Income (NOK)	2022	2021	2020	2019
Revenue	976 000	1 089 000	1 194 000	1 515 000
Expenditure	796 000	858 000	1 221 000	1 250 000
Operating Profit	180 000	232 000	−27 000	265 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	2 000	1 000
Financial Balance	−1 000	0	−2 000	−1 000
Earnings Before Tax	179 000	232 000	−29 000	264 000
Tax	40 000	52 000	−4 000	37 000
Net Income	139 000	180 000	−25 000	227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	22 000	34 000	55 000
Total Current Assets	896 000	718 000	528 000	628 000
Total Assets	907 000	740 000	562 000	683 000
Total Retained Equity	556 000	417 000	237 000	262 000
Total Equity	556 000	417 000	237 000	262 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	351 000	323 000	325 000	421 000
Total Equity and Debt	907 000	740 000	562 000	683 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	976 000	1 074 000	1 185 000	1 515 000
Other Income	0	16 000	9 000	0
Revenue	976 000	1 089 000	1 194 000	1 515 000
Cost of Goods Sold	219 000	278 000	277 000	306 000
Salary Costs	230 000	284 000	620 000	569 000
Depreciation	11 000	11 000	21 000	14 000
Impairment	0	0	0	0
Expenditure	796 000	858 000	1 221 000	1 250 000
Operating Profit	180 000	232 000	−27 000	265 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	2 000	1 000
Financial Balance	−1 000	0	−2 000	−1 000
Dividends	0	0	0	0
Net Income	139 000	180 000	−25 000	227 000

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	11 000	22 000	34 000	55 000
Fixtures	0	0	0	0
Total Tangible Assets	11 000	22 000	34 000	55 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 000	22 000	34 000	55 000
Stock	31 000	33 000	20 000	20 000
Total Investments	0	0	0	0
Cash, Bank	852 000	663 000	504 000	592 000
Total Current Assets	896 000	718 000	528 000	628 000
Total Assets	907 000	740 000	562 000	683 000
Total Equity	556 000	417 000	237 000	262 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	195 000	29 000	124 000	183 000
Unpaid Taxes	−6 000	50 000	97 000	109 000
Dividends	0	0	0	0
Other Current Debt	122 000	192 000	103 000	91 000
Total Current Debt	351 000	323 000	325 000	421 000
Total Equity and Debt	907 000	740 000	562 000	683 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25 %	43,17 %	−10,55 %	86,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,44 %	21,3 %	−2,26 %	17,49 %
Current Ratio	2,55	2,22	1,62	1,49
Quick Ratio	2,8	2,48	1,73	1,57
Equity Ratio	0,61	0,56	0,42	0,38
Gross Profit Margin	77,56 %	74,47 %	76,8 %	79,8 %