MECSENSE AS

0455 OSLO

Finances

Share Ownership

Return on Equity

108,66 %

Current Ratio

0,13

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 000	663 000	58 000	133 000
Net Income	−1 066 000	−578 000	−1 020 000	184 000
Total Assets	1 434 000	1 333 000	793 000	1 231 000
Total Equity	−981 000	84 000	−498 000	−3 112 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 000	663 000	58 000	133 000
Expenditure	1 165 000	1 239 000	1 077 000	−55 000
Operating Profit	−1 065 000	−577 000	−1 020 000	189 000
Financial Income	0	0	1 000	0
Financial Costs	1 000	2 000	2 000	5 000
Financial Balance	−1 000	−2 000	−1 000	−5 000
Earnings Before Tax	−1 066 000	−578 000	−1 020 000	184 000
Tax	0	0	0	0
Net Income	−1 066 000	−578 000	−1 020 000	184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 128 000	1 128 000	634 000	453 000
Total Current Assets	306 000	205 000	160 000	778 000
Total Assets	1 434 000	1 333 000	793 000	1 231 000
Total Retained Equity	−1 273 000	−208 000	−1 376 000	−12 598 000
Total Equity	−981 000	84 000	−498 000	−3 112 000
Total Long-Term Debt	0	1 089 000	1 089 000	1 089 000
Total Current Debt	2 415 000	160 000	203 000	3 254 000
Total Equity and Debt	1 434 000	1 333 000	793 000	1 231 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	58 000	133 000
Other Income	100 000	663 000	0	0
Revenue	100 000	663 000	58 000	133 000
Cost of Goods Sold	0	0	0	0
Salary Costs	635 000	584 000	210 000	−146 000
Depreciation	0	5 000	88 000	40 000
Impairment	0	0	0	0
Expenditure	1 165 000	1 239 000	1 077 000	−55 000
Operating Profit	−1 065 000	−577 000	−1 020 000	189 000
Financial Income	0	0	1 000	0
Financial Costs	1 000	2 000	2 000	5 000
Financial Balance	−1 000	−2 000	−1 000	−5 000
Dividends	0	0	0	0
Net Income	−1 066 000	−578 000	−1 020 000	184 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 128 000	1 128 000	628 000	442 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	5 000	11 000
Total Tangible Assets	0	0	5 000	11 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 128 000	1 128 000	634 000	453 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	305 000	176 000	45 000	139 000
Total Current Assets	306 000	205 000	160 000	778 000
Total Assets	1 434 000	1 333 000	793 000	1 231 000
Total Equity	−981 000	84 000	−498 000	−3 112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 089 000	1 089 000	1 089 000
Creditors	206 000	62 000	147 000	1 067 000
Unpaid Taxes	36 000	56 000	27 000	27 000
Dividends	0	0	0	0
Other Current Debt	2 174 000	42 000	30 000	2 161 000
Total Current Debt	2 415 000	160 000	203 000	3 254 000
Total Equity and Debt	1 434 000	1 333 000	793 000	1 231 000

Financial indicators	2022	2021	2020	2019
Return on Equity	108,66 %	−688,1 %	204,82 %	−5,91 %
Debt-to-Equity Ratio	−0	12,96	−2,19	−0,35
Operating Profit Margin	−1 065 %	−87,03 %	−1 758,62 %	142,11 %
Current Ratio	0,13	1,28	0,79	0,24
Quick Ratio	0,13	1,28	0,79	0,24
Equity Ratio	−0,68	0,06	−0,63	−2,53
Gross Profit Margin	100 %	100 %	100 %	100 %