MEMO ELEKTRO KOMMUNIKASJON AS

1461 LØRENSKOG

Finances

Share Ownership

Return on Equity

115,5 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 953 000	2 217 000	3 556 000	2 647 000
Net Income	723 000	544 000	904 000	635 000
Total Assets	1 634 000	1 799 000	2 036 000	1 900 000
Total Equity	626 000	382 000	839 000	535 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 953 000	2 217 000	3 556 000	2 647 000
Expenditure	2 025 000	1 517 000	2 397 000	1 833 000
Operating Profit	928 000	699 000	1 160 000	814 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	1 000
Earnings Before Tax	928 000	699 000	1 160 000	814 000
Tax	205 000	156 000	256 000	179 000
Net Income	723 000	544 000	904 000	635 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 634 000	1 799 000	2 036 000	1 900 000
Total Assets	1 634 000	1 799 000	2 036 000	1 900 000
Total Retained Equity	526 000	282 000	739 000	435 000
Total Equity	626 000	382 000	839 000	535 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 008 000	1 417 000	1 197 000	1 365 000
Total Equity and Debt	1 634 000	1 799 000	2 036 000	1 900 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 952 000	2 217 000	3 542 000	2 647 000
Other Income	0	0	14 000	0
Revenue	2 953 000	2 217 000	3 556 000	2 647 000
Cost of Goods Sold	815 000	458 000	1 264 000	732 000
Salary Costs	774 000	767 000	782 000	752 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 025 000	1 517 000	2 397 000	1 833 000
Operating Profit	928 000	699 000	1 160 000	814 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	1 000
Dividends	480 000	1 000 000	600 000	420 000
Net Income	723 000	544 000	904 000	635 000

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	29 000	40 000	33 000	28 000
Total Investments	0	0	0	0
Cash, Bank	1 328 000	1 563 000	1 275 000	1 323 000
Total Current Assets	1 634 000	1 799 000	2 036 000	1 900 000
Total Assets	1 634 000	1 799 000	2 036 000	1 900 000
Total Equity	626 000	382 000	839 000	535 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	94 000	19 000	0	46 000
Unpaid Taxes	152 000	150 000	226 000	160 000
Dividends	480 000	1 000 000	600 000	420 000
Other Current Debt	78 000	1 092 000	716 000	979 000
Total Current Debt	1 008 000	1 417 000	1 197 000	1 365 000
Total Equity and Debt	1 634 000	1 799 000	2 036 000	1 900 000

Financial indicators	2022	2021	2020	2019
Return on Equity	115,5 %	142,41 %	107,75 %	118,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	31,43 %	31,53 %	32,62 %	30,75 %
Current Ratio	1,62	1,27	1,7	1,39
Quick Ratio	1,67	1,31	1,75	1,42
Equity Ratio	0,38	0,21	0,41	0,28
Gross Profit Margin	72,4 %	79,34 %	64,45 %	72,35 %