MEATS AS (MANUFACTURING EXECUTION AND TRACEABILITY SYSTEMS)

5035 BERGEN

Finances

Return on Equity

15,23 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 512 000	8 379 000	9 874 000	9 694 000
Net Income	528 000	460 000	1 195 000	252 000
Total Assets	5 110 000	4 902 000	4 833 000	6 242 000
Total Equity	3 466 000	3 250 000	3 102 000	4 418 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 512 000	8 379 000	9 874 000	9 694 000
Expenditure	7 849 000	7 778 000	8 820 000	9 405 000
Operating Profit	662 000	603 000	1 053 000	288 000
Financial Income	27 000	14 000	447 000	24 000
Financial Costs	12 000	26 000	31 000	7 000
Financial Balance	15 000	−12 000	416 000	17 000
Earnings Before Tax	678 000	590 000	1 469 000	305 000
Tax	150 000	130 000	273 000	53 000
Net Income	528 000	460 000	1 195 000	252 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 727 000	2 427 000	2 127 000	2 877 000
Total Current Assets	2 383 000	2 475 000	2 706 000	3 365 000
Total Assets	5 110 000	4 902 000	4 833 000	6 242 000
Total Retained Equity	3 331 000	3 115 000	2 967 000	4 214 000
Total Equity	3 466 000	3 250 000	3 102 000	4 418 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 644 000	1 651 000	1 731 000	1 824 000
Total Equity and Debt	5 110 000	4 902 000	4 833 000	6 242 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 512 000	8 379 000	9 874 000	9 694 000
Other Income	0	0	0	0
Revenue	8 512 000	8 379 000	9 874 000	9 694 000
Cost of Goods Sold	950 000	758 000	1 215 000	1 122 000
Salary Costs	5 723 000	5 912 000	6 534 000	6 133 000
Depreciation	0	0	0	179 000
Impairment	0	0	0	0
Expenditure	7 849 000	7 778 000	8 820 000	9 405 000
Operating Profit	662 000	603 000	1 053 000	288 000
Financial Income	27 000	14 000	447 000	24 000
Financial Costs	12 000	26 000	31 000	7 000
Financial Balance	15 000	−12 000	416 000	17 000
Dividends	312 000	312 000	312 000	300 000
Net Income	528 000	460 000	1 195 000	252 000

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	2 727 000	2 427 000	2 127 000	2 877 000
Total Fixed Assets	2 727 000	2 427 000	2 127 000	2 877 000
Stock	674 000	599 000	565 000	542 000
Total Investments	0	0	0	0
Cash, Bank	1 414 000	1 432 000	1 898 000	2 277 000
Total Current Assets	2 383 000	2 475 000	2 706 000	3 365 000
Total Assets	5 110 000	4 902 000	4 833 000	6 242 000
Total Equity	3 466 000	3 250 000	3 102 000	4 418 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	71 000	82 000	62 000	554 000
Unpaid Taxes	490 000	565 000	548 000	380 000
Dividends	312 000	312 000	312 000	300 000
Other Current Debt	621 000	563 000	536 000	536 000
Total Current Debt	1 644 000	1 651 000	1 731 000	1 824 000
Total Equity and Debt	5 110 000	4 902 000	4 833 000	6 242 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,23 %	14,15 %	38,52 %	5,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,78 %	7,2 %	10,66 %	2,97 %
Current Ratio	1,45	1,5	1,56	1,84
Quick Ratio	2,46	2,35	2,32	2,62
Equity Ratio	0,68	0,66	0,64	0,71
Gross Profit Margin	88,84 %	90,95 %	87,69 %	88,43 %