MERXCELL AS

3154 TOLVSRØD

Finances

Share Ownership

Return on Equity

72,83 %

Current Ratio

2,32

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 905 000	2 191 000	2 182 000	2 429 000
Net Income	630 000	272 000	254 000	250 000
Total Assets	1 285 000	1 014 000	852 000	657 000
Total Equity	865 000	435 000	513 000	359 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 905 000	2 191 000	2 182 000	2 429 000
Expenditure	2 095 000	1 830 000	1 828 000	2 110 000
Operating Profit	811 000	361 000	354 000	319 000
Financial Income	36 000	19 000	18 000	15 000
Financial Costs	40 000	32 000	45 000	13 000
Financial Balance	−4 000	−13 000	−27 000	2 000
Earnings Before Tax	807 000	348 000	328 000	320 000
Tax	178 000	76 000	73 000	71 000
Net Income	630 000	272 000	254 000	250 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	402 000	25 000	32 000	0
Total Current Assets	883 000	989 000	820 000	657 000
Total Assets	1 285 000	1 014 000	852 000	657 000
Total Retained Equity	835 000	405 000	483 000	329 000
Total Equity	865 000	435 000	513 000	359 000
Total Long-Term Debt	40 000	33 000	11 000	0
Total Current Debt	380 000	546 000	327 000	298 000
Total Equity and Debt	1 285 000	1 014 000	852 000	657 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 905 000	2 191 000	2 182 000	2 429 000
Other Income	0	0	0	0
Revenue	2 905 000	2 191 000	2 182 000	2 429 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 374 000	1 430 000	1 446 000	1 467 000
Depreciation	10 000	7 000	3 000	0
Impairment	0	0	0	0
Expenditure	2 095 000	1 830 000	1 828 000	2 110 000
Operating Profit	811 000	361 000	354 000	319 000
Financial Income	36 000	19 000	18 000	15 000
Financial Costs	40 000	32 000	45 000	13 000
Financial Balance	−4 000	−13 000	−27 000	2 000
Dividends	0	0	0	0
Net Income	630 000	272 000	254 000	250 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	47 000	25 000	32 000	0
Total Tangible Assets	47 000	25 000	32 000	0
Total Fiancial Fixed Assets	355 000	0	0	0
Total Fixed Assets	402 000	25 000	32 000	0
Stock	0	0	0	0
Total Investments	0	295 000	0	0
Cash, Bank	876 000	680 000	770 000	640 000
Total Current Assets	883 000	989 000	820 000	657 000
Total Assets	1 285 000	1 014 000	852 000	657 000
Total Equity	865 000	435 000	513 000	359 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	40 000	33 000	11 000	0
Creditors	5 000	7 000	17 000	11 000
Unpaid Taxes	83 000	92 000	93 000	87 000
Dividends	0	0	0	0
Other Current Debt	115 000	120 000	145 000	130 000
Total Current Debt	380 000	546 000	327 000	298 000
Total Equity and Debt	1 285 000	1 014 000	852 000	657 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,83 %	62,53 %	49,51 %	69,64 %
Debt-to-Equity Ratio	0,05	0,08	0,02	0
Operating Profit Margin	27,92 %	16,48 %	16,22 %	13,13 %
Current Ratio	2,32	1,81	2,51	2,2
Quick Ratio	2,32	1,81	2,51	2,2
Equity Ratio	0,67	0,43	0,6	0,55
Gross Profit Margin	100 %	100 %	100 %	100 %