MEKANIKKSERVICE AS

4029 STAVANGER

Finances

Share Ownership

Return on Equity

22,46 %

Current Ratio

2,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 343 000	6 116 000	6 780 000	7 860 000
Net Income	937 000	650 000	901 000	1 376 000
Total Assets	7 363 000	5 341 000	5 359 000	4 914 000
Total Equity	4 172 000	3 745 000	3 605 000	3 217 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 343 000	6 116 000	6 780 000	7 860 000
Expenditure	7 345 000	5 875 000	5 691 000	6 222 000
Operating Profit	1 508 000	241 000	1 089 000	1 638 000
Financial Income	36 000	494 000	59 000	111 000
Financial Costs	268 000	17 000	8 000	12 000
Financial Balance	−232 000	477 000	51 000	99 000
Earnings Before Tax	1 276 000	718 000	1 140 000	1 738 000
Tax	340 000	68 000	239 000	362 000
Net Income	937 000	650 000	901 000	1 376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	534 000	717 000	845 000	816 000
Total Current Assets	6 830 000	4 624 000	4 514 000	4 098 000
Total Assets	7 363 000	5 341 000	5 359 000	4 914 000
Total Retained Equity	4 060 000	3 633 000	3 493 000	3 105 000
Total Equity	4 172 000	3 745 000	3 605 000	3 217 000
Total Long-Term Debt	13 000	0	0	4 000
Total Current Debt	3 179 000	1 596 000	1 754 000	1 693 000
Total Equity and Debt	7 363 000	5 341 000	5 359 000	4 914 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 343 000	6 116 000	6 765 000	7 860 000
Other Income	0	0	15 000	0
Revenue	8 343 000	6 116 000	6 780 000	7 860 000
Cost of Goods Sold	2 809 000	1 581 000	1 975 000	2 368 000
Salary Costs	2 647 000	2 625 000	2 330 000	2 370 000
Depreciation	236 000	278 000	242 000	224 000
Impairment	0	0	0	0
Expenditure	7 345 000	5 875 000	5 691 000	6 222 000
Operating Profit	1 508 000	241 000	1 089 000	1 638 000
Financial Income	36 000	494 000	59 000	111 000
Financial Costs	268 000	17 000	8 000	12 000
Financial Balance	−232 000	477 000	51 000	99 000
Dividends	500 000	500 000	500 000	0
Net Income	937 000	650 000	901 000	1 376 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	59 000	32 000	18 000	0
Real Eastate	0	6 000	13 000	26 000
Machinery and Plant Facilities	99 000	0	0	431 000
Fixtures	375 000	680 000	724 000	359 000
Total Tangible Assets	474 000	685 000	738 000	816 000
Total Fiancial Fixed Assets	0	0	90 000	0
Total Fixed Assets	534 000	717 000	845 000	816 000
Stock	1 050 000	590 000	631 000	583 000
Total Investments	2 282 000	2 527 000	1 041 000	987 000
Cash, Bank	823 000	505 000	2 058 000	1 709 000
Total Current Assets	6 830 000	4 624 000	4 514 000	4 098 000
Total Assets	7 363 000	5 341 000	5 359 000	4 914 000
Total Equity	4 172 000	3 745 000	3 605 000	3 217 000
Short-Term Group Debt	711 000	14 000	15 000	361 000
Total Long-Term Debt	13 000	0	0	4 000
Creditors	745 000	227 000	285 000	320 000
Unpaid Taxes	514 000	375 000	401 000	400 000
Dividends	500 000	500 000	500 000	0
Other Current Debt	344 000	402 000	294 000	452 000
Total Current Debt	3 179 000	1 596 000	1 754 000	1 693 000
Total Equity and Debt	7 363 000	5 341 000	5 359 000	4 914 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,46 %	17,36 %	24,99 %	42,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	18,08 %	3,94 %	16,06 %	20,84 %
Current Ratio	2,15	2,9	2,57	2,42
Quick Ratio	3,21	4,6	4,02	3,69
Equity Ratio	0,57	0,7	0,67	0,65
Gross Profit Margin	66,33 %	74,15 %	70,87 %	69,87 %