MESTADA AS

6020 ÅLESUND

Finances

Share Ownership

Return on Equity

69,74 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 184 000	11 095 000	12 573 000	13 680 000
Net Income	597 000	−107 000	567 000	658 000
Total Assets	3 131 000	3 161 000	4 436 000	3 980 000
Total Equity	856 000	759 000	866 000	799 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 184 000	11 095 000	12 573 000	13 680 000
Expenditure	10 412 000	11 199 000	11 843 000	12 839 000
Operating Profit	772 000	−105 000	731 000	841 000
Financial Income	0	0	0	0
Financial Costs	8 000	14 000	11 000	20 000
Financial Balance	−8 000	−14 000	−11 000	−20 000
Earnings Before Tax	764 000	−119 000	720 000	821 000
Tax	167 000	−12 000	152 000	163 000
Net Income	597 000	−107 000	567 000	658 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	536 000	799 000	1 063 000	774 000
Total Current Assets	2 596 000	2 362 000	3 373 000	3 206 000
Total Assets	3 131 000	3 161 000	4 436 000	3 980 000
Total Retained Equity	751 000	654 000	761 000	694 000
Total Equity	856 000	759 000	866 000	799 000
Total Long-Term Debt	0	93 000	177 000	234 000
Total Current Debt	2 275 000	2 309 000	3 392 000	2 947 000
Total Equity and Debt	3 131 000	3 161 000	4 436 000	3 980 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 184 000	11 092 000	12 573 000	13 680 000
Other Income	0	3 000	0	0
Revenue	11 184 000	11 095 000	12 573 000	13 680 000
Cost of Goods Sold	441 000	156 000	135 000	857 000
Salary Costs	8 497 000	9 387 000	10 228 000	10 632 000
Depreciation	263 000	263 000	221 000	140 000
Impairment	0	0	0	0
Expenditure	10 412 000	11 199 000	11 843 000	12 839 000
Operating Profit	772 000	−105 000	731 000	841 000
Financial Income	0	0	0	0
Financial Costs	8 000	14 000	11 000	20 000
Financial Balance	−8 000	−14 000	−11 000	−20 000
Dividends	0	0	0	0
Net Income	597 000	−107 000	567 000	658 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	83 000	96 000	108 000	120 000
Machinery and Plant Facilities	86 000	124 000	162 000	200 000
Fixtures	366 000	579 000	792 000	453 000
Total Tangible Assets	536 000	799 000	1 063 000	774 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	536 000	799 000	1 063 000	774 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 645 000	1 239 000	1 732 000	2 299 000
Total Current Assets	2 596 000	2 362 000	3 373 000	3 206 000
Total Assets	3 131 000	3 161 000	4 436 000	3 980 000
Total Equity	856 000	759 000	866 000	799 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	93 000	177 000	234 000
Creditors	42 000	156 000	255 000	134 000
Unpaid Taxes	1 308 000	1 305 000	1 634 000	1 694 000
Dividends	0	0	0	0
Other Current Debt	758 000	847 000	1 363 000	956 000
Total Current Debt	2 275 000	2 309 000	3 392 000	2 947 000
Total Equity and Debt	3 131 000	3 161 000	4 436 000	3 980 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,74 %	−14,1 %	65,47 %	82,35 %
Debt-to-Equity Ratio	0	0,12	0,2	0,29
Operating Profit Margin	6,9 %	−0,95 %	5,81 %	6,15 %
Current Ratio	1,14	1,02	0,99	1,09
Quick Ratio	1,14	1,02	0,99	1,09
Equity Ratio	0,27	0,24	0,2	0,2
Gross Profit Margin	96,06 %	98,59 %	98,93 %	93,74 %