MEYER NORSCHAU DESIGN AS

4839 ARENDAL

Finances

Return on Equity

343,68 %

Current Ratio

0,62

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 229 000	3 193 000	2 764 000	3 616 000
Net Income	−299 000	281 000	68 000	−331 000
Total Assets	550 000	835 000	703 000	649 000
Total Equity	−87 000	211 000	31 000	57 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 229 000	3 193 000	2 764 000	3 616 000
Expenditure	3 528 000	2 830 000	2 671 000	3 760 000
Operating Profit	−300 000	363 000	94 000	−144 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	5 000	215 000
Financial Balance	−1 000	−2 000	−5 000	−215 000
Earnings Before Tax	−301 000	361 000	88 000	−359 000
Tax	−2 000	81 000	20 000	−28 000
Net Income	−299 000	281 000	68 000	−331 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	155 000	151 000	154 000	116 000
Total Current Assets	395 000	684 000	549 000	533 000
Total Assets	550 000	835 000	703 000	649 000
Total Retained Equity	−117 000	181 000	1 000	27 000
Total Equity	−87 000	211 000	31 000	57 000
Total Long-Term Debt	0	2 000	0	0
Total Current Debt	637 000	622 000	672 000	592 000
Total Equity and Debt	550 000	835 000	703 000	649 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 255 000	3 106 000	2 764 000	3 616 000
Other Income	−25 000	88 000	0	0
Revenue	3 229 000	3 193 000	2 764 000	3 616 000
Cost of Goods Sold	991 000	325 000	545 000	1 536 000
Salary Costs	1 894 000	2 034 000	1 595 000	1 393 000
Depreciation	51 000	47 000	28 000	28 000
Impairment	0	0	0	0
Expenditure	3 528 000	2 830 000	2 671 000	3 760 000
Operating Profit	−300 000	363 000	94 000	−144 000
Financial Income	0	0	0	0
Financial Costs	1 000	2 000	5 000	215 000
Financial Balance	−1 000	−2 000	−5 000	−215 000
Dividends	0	100 000	95 000	55 000
Net Income	−299 000	281 000	68 000	−331 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	7 000	27 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	109 000	144 000	147 000	88 000
Total Tangible Assets	109 000	144 000	147 000	88 000
Total Fiancial Fixed Assets	45 000	7 000	0	0
Total Fixed Assets	155 000	151 000	154 000	116 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	93 000	180 000	120 000	71 000
Total Current Assets	395 000	684 000	549 000	533 000
Total Assets	550 000	835 000	703 000	649 000
Total Equity	−87 000	211 000	31 000	57 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	0	0
Creditors	244 000	88 000	171 000	188 000
Unpaid Taxes	141 000	174 000	236 000	147 000
Dividends	0	100 000	95 000	55 000
Other Current Debt	253 000	189 000	171 000	201 000
Total Current Debt	637 000	622 000	672 000	592 000
Total Equity and Debt	550 000	835 000	703 000	649 000

Financial indicators	2022	2021	2020	2019
Return on Equity	343,68 %	133,18 %	219,35 %	−580,7 %
Debt-to-Equity Ratio	−0	0,01	0	0
Operating Profit Margin	−9,29 %	11,37 %	3,4 %	−3,98 %
Current Ratio	0,62	1,1	0,82	0,9
Quick Ratio	0,62	1,1	0,82	0,9
Equity Ratio	−0,16	0,25	0,04	0,09
Gross Profit Margin	69,31 %	89,82 %	80,28 %	57,52 %