MERIDIAN ENERGY AS

5710 SKULESTADMO

Finances

Share Ownership

Return on Equity

−18,3 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	756 000	1 120 000	2 872 000	1 576 000
Net Income	−144 000	−25 000	529 000	−60 000
Total Assets	1 264 000	1 573 000	1 285 000	654 000
Total Equity	787 000	827 000	767 000	238 000

Income (NOK)	2022	2021	2020	2019
Revenue	756 000	1 120 000	2 872 000	1 576 000
Expenditure	942 000	1 156 000	2 191 000	1 638 000
Operating Profit	−185 000	−36 000	680 000	−62 000
Financial Income	1 000	4 000	6 000	2 000
Financial Costs	0	2 000	28 000	0
Financial Balance	1 000	2 000	−22 000	2 000
Earnings Before Tax	−185 000	−34 000	657 000	−60 000
Tax	−41 000	−9 000	128 000	0
Net Income	−144 000	−25 000	529 000	−60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	641 000	829 000	304 000	0
Total Current Assets	623 000	745 000	981 000	654 000
Total Assets	1 264 000	1 573 000	1 285 000	654 000
Total Retained Equity	499 000	643 000	667 000	138 000
Total Equity	787 000	827 000	767 000	238 000
Total Long-Term Debt	3 000	315 000	0	0
Total Current Debt	474 000	432 000	517 000	417 000
Total Equity and Debt	1 264 000	1 573 000	1 285 000	654 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	749 000	1 118 000	2 872 000	1 576 000
Other Income	7 000	2 000	0	0
Revenue	756 000	1 120 000	2 872 000	1 576 000
Cost of Goods Sold	167 000	345 000	1 157 000	158 000
Salary Costs	308 000	466 000	584 000	906 000
Depreciation	209 000	116 000	64 000	0
Impairment	0	0	0	0
Expenditure	942 000	1 156 000	2 191 000	1 638 000
Operating Profit	−185 000	−36 000	680 000	−62 000
Financial Income	1 000	4 000	6 000	2 000
Financial Costs	0	2 000	28 000	0
Financial Balance	1 000	2 000	−22 000	2 000
Dividends	0	0	0	0
Net Income	−144 000	−25 000	529 000	−60 000

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	641 000	829 000	304 000	0
Total Tangible Assets	641 000	829 000	304 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	641 000	829 000	304 000	0
Stock	136 000	168 000	260 000	153 000
Total Investments	0	0	0	0
Cash, Bank	267 000	186 000	630 000	330 000
Total Current Assets	623 000	745 000	981 000	654 000
Total Assets	1 264 000	1 573 000	1 285 000	654 000
Total Equity	787 000	827 000	767 000	238 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	315 000	0	0
Creditors	3 000	17 000	17 000	45 000
Unpaid Taxes	23 000	140 000	74 000	59 000
Dividends	0	0	0	0
Other Current Debt	32 000	51 000	74 000	88 000
Total Current Debt	474 000	432 000	517 000	417 000
Total Equity and Debt	1 264 000	1 573 000	1 285 000	654 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,3 %	−3,02 %	68,97 %	−25,21 %
Debt-to-Equity Ratio	0	0,38	0	0
Operating Profit Margin	−24,47 %	−3,21 %	23,68 %	−3,93 %
Current Ratio	1,31	1,72	1,9	1,57
Quick Ratio	1,84	2,82	3,82	2,48
Equity Ratio	0,62	0,53	0,6	0,36
Gross Profit Margin	77,91 %	69,2 %	59,71 %	89,97 %