MECON AS

4020 STAVANGER

Finances

Return on Equity

29,95 %

Current Ratio

1,54

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 091 000	2 186 000	2 205 000	1 548 000
Net Income	310 000	101 000	−56 000	166 000
Total Assets	1 524 000	1 236 000	1 214 000	963 000
Total Equity	1 035 000	725 000	625 000	681 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 091 000	2 186 000	2 205 000	1 548 000
Expenditure	1 700 000	2 056 000	2 273 000	1 367 000
Operating Profit	391 000	130 000	−68 000	180 000
Financial Income	0	0	0	0
Financial Costs	4 000	18 000	2 000	13 000
Financial Balance	−4 000	−18 000	−2 000	−13 000
Earnings Before Tax	388 000	113 000	−70 000	168 000
Tax	78 000	12 000	−14 000	2 000
Net Income	310 000	101 000	−56 000	166 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	800 000	489 000	431 000	437 000
Total Current Assets	724 000	747 000	783 000	526 000
Total Assets	1 524 000	1 236 000	1 214 000	963 000
Total Retained Equity	935 000	625 000	525 000	581 000
Total Equity	1 035 000	725 000	625 000	681 000
Total Long-Term Debt	18 000	0	0	0
Total Current Debt	470 000	510 000	589 000	282 000
Total Equity and Debt	1 524 000	1 236 000	1 214 000	963 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 885 000	2 186 000	2 205 000	1 548 000
Other Income	207 000	0	0	0
Revenue	2 091 000	2 186 000	2 205 000	1 548 000
Cost of Goods Sold	0	452 000	194 000	8 000
Salary Costs	1 047 000	1 087 000	1 428 000	1 164 000
Depreciation	31 000	47 000	42 000	41 000
Impairment	0	0	0	0
Expenditure	1 700 000	2 056 000	2 273 000	1 367 000
Operating Profit	391 000	130 000	−68 000	180 000
Financial Income	0	0	0	0
Financial Costs	4 000	18 000	2 000	13 000
Financial Balance	−4 000	−18 000	−2 000	−13 000
Dividends	0	0	0	0
Net Income	310 000	101 000	−56 000	166 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	61 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	13 000	53 000	56 000
Fixtures	135 000	110 000	49 000	52 000
Total Tangible Assets	135 000	124 000	101 000	107 000
Total Fiancial Fixed Assets	604 000	365 000	330 000	330 000
Total Fixed Assets	800 000	489 000	431 000	437 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	236 000	304 000	86 000	26 000
Total Current Assets	724 000	747 000	783 000	526 000
Total Assets	1 524 000	1 236 000	1 214 000	963 000
Total Equity	1 035 000	725 000	625 000	681 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 000	0	0	0
Creditors	3 000	26 000	8 000	16 000
Unpaid Taxes	124 000	143 000	203 000	124 000
Dividends	0	0	0	0
Other Current Debt	296 000	330 000	379 000	118 000
Total Current Debt	470 000	510 000	589 000	282 000
Total Equity and Debt	1 524 000	1 236 000	1 214 000	963 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,95 %	13,93 %	−8,96 %	24,38 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	18,7 %	5,95 %	−3,08 %	11,63 %
Current Ratio	1,54	1,46	1,33	1,87
Quick Ratio	1,54	1,46	1,33	1,87
Equity Ratio	0,68	0,59	0,51	0,71
Gross Profit Margin	100 %	79,32 %	91,2 %	99,48 %