MEINICH & MEINICH AS

2008 FJERDINGBY

Finances

Return on Equity

−434,21 %

Current Ratio

2,31

Debt-to-Equity Ratio

−7,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	250 000	259 000	462 000	1 986 000
Net Income	165 000	−676 000	0	321 000
Total Assets	297 000	131 000	779 000	1 324 000
Total Equity	−38 000	−204 000	524 000	704 000

Income (NOK)	2022	2021	2020	2019
Revenue	250 000	259 000	462 000	1 986 000
Expenditure	56 000	197 000	210 000	1 601 000
Operating Profit	194 000	61 000	252 000	384 000
Financial Income	447 000	32 000	102 000	31 000
Financial Costs	443 000	773 000	296 000	3 000
Financial Balance	4 000	−741 000	−194 000	28 000
Earnings Before Tax	198 000	−680 000	58 000	413 000
Tax	32 000	−4 000	58 000	92 000
Net Income	165 000	−676 000	0	321 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	185 000	158 000	181 000	238 000
Total Current Assets	113 000	−27 000	598 000	1 086 000
Total Assets	297 000	131 000	779 000	1 324 000
Total Retained Equity	−138 000	−304 000	424 000	604 000
Total Equity	−38 000	−204 000	524 000	704 000
Total Long-Term Debt	287 000	281 000	10 000	9 000
Total Current Debt	49 000	54 000	245 000	611 000
Total Equity and Debt	297 000	131 000	779 000	1 324 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	250 000	259 000	462 000	1 986 000
Other Income	0	0	0	0
Revenue	250 000	259 000	462 000	1 986 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	121 000	166 000	1 375 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	56 000	197 000	210 000	1 601 000
Operating Profit	194 000	61 000	252 000	384 000
Financial Income	447 000	32 000	102 000	31 000
Financial Costs	443 000	773 000	296 000	3 000
Financial Balance	4 000	−741 000	−194 000	28 000
Dividends	0	0	0	0
Net Income	165 000	−676 000	0	321 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	70 000	70 000	70 000	70 000
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	114 000	88 000	110 000	168 000
Total Fixed Assets	185 000	158 000	181 000	238 000
Stock	0	0	0	0
Total Investments	−31 000	−76 000	464 000	557 000
Cash, Bank	93 000	15 000	3 000	172 000
Total Current Assets	113 000	−27 000	598 000	1 086 000
Total Assets	297 000	131 000	779 000	1 324 000
Total Equity	−38 000	−204 000	524 000	704 000
Short-Term Group Debt	0	12 000	0	0
Total Long-Term Debt	287 000	281 000	10 000	9 000
Creditors	0	8 000	5 000	15 000
Unpaid Taxes	7 000	24 000	13 000	337 000
Dividends	0	0	0	0
Other Current Debt	15 000	9 000	20 000	169 000
Total Current Debt	49 000	54 000	245 000	611 000
Total Equity and Debt	297 000	131 000	779 000	1 324 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−434,21 %	331,37 %	0 %	45,6 %
Debt-to-Equity Ratio	−7,55	−1,38	0,02	0,01
Operating Profit Margin	77,6 %	23,55 %	54,55 %	19,34 %
Current Ratio	2,31	−0,5	2,44	1,78
Quick Ratio	2,31	−0,5	2,44	1,78
Equity Ratio	−0,13	−1,56	0,67	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %