MEET AS

3717 SKIEN

Finances

Share Ownership

Return on Equity

83,77 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 884 000	988 000	573 000	770 000
Net Income	485 000	−176 000	−150 000	235 000
Total Assets	1 159 000	797 000	886 000	885 000
Total Equity	579 000	95 000	270 000	421 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 884 000	988 000	573 000	770 000
Expenditure	1 312 000	1 159 000	760 000	467 000
Operating Profit	572 000	−172 000	−187 000	303 000
Financial Income	0	0	0	0
Financial Costs	3 000	4 000	3 000	1 000
Financial Balance	−3 000	−4 000	−3 000	−1 000
Earnings Before Tax	569 000	−176 000	−190 000	302 000
Tax	84 000	0	−39 000	67 000
Net Income	485 000	−176 000	−150 000	235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 159 000	797 000	886 000	885 000
Total Assets	1 159 000	797 000	886 000	885 000
Total Retained Equity	479 000	−5 000	170 000	321 000
Total Equity	579 000	95 000	270 000	421 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	580 000	702 000	616 000	464 000
Total Equity and Debt	1 159 000	797 000	886 000	885 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 772 000	988 000	573 000	770 000
Other Income	113 000	0	0	0
Revenue	1 884 000	988 000	573 000	770 000
Cost of Goods Sold	979 000	668 000	318 000	282 000
Salary Costs	211 000	419 000	325 000	128 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 312 000	1 159 000	760 000	467 000
Operating Profit	572 000	−172 000	−187 000	303 000
Financial Income	0	0	0	0
Financial Costs	3 000	4 000	3 000	1 000
Financial Balance	−3 000	−4 000	−3 000	−1 000
Dividends	0	0	0	0
Net Income	485 000	−176 000	−150 000	235 000

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	984 000	632 000	736 000	649 000
Total Current Assets	1 159 000	797 000	886 000	885 000
Total Assets	1 159 000	797 000	886 000	885 000
Total Equity	579 000	95 000	270 000	421 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	278 000	26 000	23 000	241 000
Unpaid Taxes	177 000	216 000	125 000	144 000
Dividends	0	0	0	0
Other Current Debt	41 000	460 000	468 000	12 000
Total Current Debt	580 000	702 000	616 000	464 000
Total Equity and Debt	1 159 000	797 000	886 000	885 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,77 %	−185,26 %	−55,56 %	55,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,36 %	−17,41 %	−32,64 %	39,35 %
Current Ratio	2	1,14	1,44	1,91
Quick Ratio	2	1,14	1,44	1,91
Equity Ratio	0,5	0,12	0,3	0,48
Gross Profit Margin	48,04 %	32,39 %	44,5 %	63,38 %