MEKKTEC AS

4387 BJERKREIM

Finances

Share Ownership

Return on Equity

6,27 %

Current Ratio

3,3

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 707 000	5 393 000	5 390 000	10 215 000
Net Income	191 000	49 000	613 000	447 000
Total Assets	4 423 000	4 342 000	4 550 000	5 032 000
Total Equity	3 044 000	2 853 000	2 868 000	2 255 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 707 000	5 393 000	5 390 000	10 215 000
Expenditure	5 418 000	5 296 000	4 541 000	9 574 000
Operating Profit	291 000	97 000	849 000	642 000
Financial Income	8 000	15 000	9 000	13 000
Financial Costs	54 000	49 000	71 000	83 000
Financial Balance	−46 000	−34 000	−62 000	−70 000
Earnings Before Tax	245 000	63 000	786 000	571 000
Tax	54 000	14 000	173 000	124 000
Net Income	191 000	49 000	613 000	447 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 001 000	2 349 000	1 723 000	1 908 000
Total Current Assets	2 422 000	1 993 000	2 828 000	3 124 000
Total Assets	4 423 000	4 342 000	4 550 000	5 032 000
Total Retained Equity	2 844 000	2 653 000	2 604 000	1 991 000
Total Equity	3 044 000	2 853 000	2 868 000	2 255 000
Total Long-Term Debt	644 000	931 000	766 000	969 000
Total Current Debt	734 000	558 000	916 000	1 808 000
Total Equity and Debt	4 423 000	4 342 000	4 550 000	5 032 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 707 000	5 393 000	5 390 000	10 215 000
Other Income	0	0	0	0
Revenue	5 707 000	5 393 000	5 390 000	10 215 000
Cost of Goods Sold	3 526 000	3 365 000	2 797 000	7 586 000
Salary Costs	921 000	1 073 000	1 145 000	1 281 000
Depreciation	397 000	348 000	185 000	168 000
Impairment	0	0	0	0
Expenditure	5 418 000	5 296 000	4 541 000	9 574 000
Operating Profit	291 000	97 000	849 000	642 000
Financial Income	8 000	15 000	9 000	13 000
Financial Costs	54 000	49 000	71 000	83 000
Financial Balance	−46 000	−34 000	−62 000	−70 000
Dividends	0	0	0	0
Net Income	191 000	49 000	613 000	447 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	852 000	887 000	921 000	955 000
Machinery and Plant Facilities	45 000	67 000	89 000	111 000
Fixtures	1 103 000	1 395 000	713 000	842 000
Total Tangible Assets	2 001 000	2 349 000	1 723 000	1 908 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 001 000	2 349 000	1 723 000	1 908 000
Stock	877 000	919 000	1 024 000	703 000
Total Investments	0	0	0	0
Cash, Bank	280 000	405 000	44 000	35 000
Total Current Assets	2 422 000	1 993 000	2 828 000	3 124 000
Total Assets	4 423 000	4 342 000	4 550 000	5 032 000
Total Equity	3 044 000	2 853 000	2 868 000	2 255 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	644 000	931 000	766 000	969 000
Creditors	246 000	290 000	143 000	511 000
Unpaid Taxes	382 000	207 000	297 000	416 000
Dividends	0	0	0	0
Other Current Debt	32 000	47 000	289 000	280 000
Total Current Debt	734 000	558 000	916 000	1 808 000
Total Equity and Debt	4 423 000	4 342 000	4 550 000	5 032 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,27 %	1,72 %	21,37 %	19,82 %
Debt-to-Equity Ratio	0,21	0,33	0,27	0,43
Operating Profit Margin	5,1 %	1,8 %	15,75 %	6,28 %
Current Ratio	3,3	3,57	3,09	1,73
Quick Ratio	−16,94	−5,52	−26,19	2,83
Equity Ratio	0,69	0,66	0,63	0,45
Gross Profit Margin	38,22 %	37,6 %	48,11 %	25,74 %