MEKO SØR AS

4639 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

−17,83 %

Current Ratio

1,12

Debt-to-Equity Ratio

5,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 743 000	3 100 000	2 079 000	2 013 000
Net Income	−41 000	−49 000	−99 000	−35 000
Total Assets	2 070 000	2 388 000	591 000	616 000
Total Equity	230 000	271 000	320 000	419 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 743 000	3 100 000	2 079 000	2 013 000
Expenditure	1 693 000	3 092 000	2 200 000	2 046 000
Operating Profit	49 000	8 000	−121 000	−34 000
Financial Income	0	0	0	0
Financial Costs	103 000	71 000	5 000	10 000
Financial Balance	−103 000	−71 000	−5 000	−10 000
Earnings Before Tax	−53 000	−63 000	−126 000	−43 000
Tax	−12 000	−14 000	−27 000	−8 000
Net Income	−41 000	−49 000	−99 000	−35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 523 000	1 598 000	139 000	176 000
Total Current Assets	547 000	790 000	453 000	440 000
Total Assets	2 070 000	2 388 000	591 000	616 000
Total Retained Equity	130 000	171 000	220 000	319 000
Total Equity	230 000	271 000	320 000	419 000
Total Long-Term Debt	1 351 000	1 409 000	0	13 000
Total Current Debt	489 000	709 000	271 000	184 000
Total Equity and Debt	2 070 000	2 388 000	591 000	616 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 772 000	2 980 000	2 057 000	2 013 000
Other Income	−29 000	120 000	23 000	0
Revenue	1 743 000	3 100 000	2 079 000	2 013 000
Cost of Goods Sold	466 000	1 295 000	904 000	1 067 000
Salary Costs	78 000	456 000	251 000	131 000
Depreciation	87 000	79 000	58 000	75 000
Impairment	0	0	0	0
Expenditure	1 693 000	3 092 000	2 200 000	2 046 000
Operating Profit	49 000	8 000	−121 000	−34 000
Financial Income	0	0	0	0
Financial Costs	103 000	71 000	5 000	10 000
Financial Balance	−103 000	−71 000	−5 000	−10 000
Dividends	0	0	0	0
Net Income	−41 000	−49 000	−99 000	−35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	29 000	18 000	4 000	0
Real Eastate	13 000	1 388 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	121 000	193 000	135 000	176 000
Total Tangible Assets	1 494 000	1 581 000	135 000	176 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 523 000	1 598 000	139 000	176 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	113 000	276 000	115 000	96 000
Total Current Assets	547 000	790 000	453 000	440 000
Total Assets	2 070 000	2 388 000	591 000	616 000
Total Equity	230 000	271 000	320 000	419 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 351 000	1 409 000	0	13 000
Creditors	166 000	215 000	114 000	82 000
Unpaid Taxes	30 000	136 000	30 000	46 000
Dividends	0	0	0	0
Other Current Debt	294 000	358 000	127 000	53 000
Total Current Debt	489 000	709 000	271 000	184 000
Total Equity and Debt	2 070 000	2 388 000	591 000	616 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,83 %	−18,08 %	−30,94 %	−8,35 %
Debt-to-Equity Ratio	5,87	5,2	0	0,03
Operating Profit Margin	2,81 %	0,26 %	−5,82 %	−1,69 %
Current Ratio	1,12	1,11	1,67	2,39
Quick Ratio	1,12	1,11	1,67	2,39
Equity Ratio	0,11	0,11	0,54	0,68
Gross Profit Margin	73,26 %	58,23 %	56,52 %	46,99 %