MERKNORGE AS

9514 ALTA

Finances

Share Ownership

Return on Equity

−17,45 %

Current Ratio

1,71

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 254 000	5 227 000	5 879 000	9 343 000
Net Income	−362 000	637 000	−93 000	525 000
Total Assets	3 281 000	4 045 000	2 591 000	3 216 000
Total Equity	2 075 000	2 438 000	1 800 000	1 894 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 254 000	5 227 000	5 879 000	9 343 000
Expenditure	5 700 000	4 407 000	5 850 000	8 600 000
Operating Profit	−446 000	820 000	30 000	710 000
Financial Income	1 000	1 000	3 000	1 000
Financial Costs	20 000	4 000	33 000	37 000
Financial Balance	−19 000	−3 000	−30 000	−36 000
Earnings Before Tax	−465 000	817 000	0	673 000
Tax	−102 000	180 000	94 000	148 000
Net Income	−362 000	637 000	−93 000	525 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 612 000	1 881 000	815 000	760 000
Total Current Assets	1 669 000	2 164 000	1 775 000	2 456 000
Total Assets	3 281 000	4 045 000	2 591 000	3 216 000
Total Retained Equity	2 042 000	2 405 000	1 767 000	1 861 000
Total Equity	2 075 000	2 438 000	1 800 000	1 894 000
Total Long-Term Debt	228 000	330 000	175 000	0
Total Current Debt	978 000	1 277 000	615 000	1 323 000
Total Equity and Debt	3 281 000	4 045 000	2 591 000	3 216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 412 000	4 746 000	5 341 000	9 319 000
Other Income	843 000	481 000	538 000	24 000
Revenue	5 254 000	5 227 000	5 879 000	9 343 000
Cost of Goods Sold	609 000	438 000	887 000	2 627 000
Salary Costs	413 000	228 000	892 000	2 165 000
Depreciation	243 000	183 000	191 000	171 000
Impairment	0	0	0	0
Expenditure	5 700 000	4 407 000	5 850 000	8 600 000
Operating Profit	−446 000	820 000	30 000	710 000
Financial Income	1 000	1 000	3 000	1 000
Financial Costs	20 000	4 000	33 000	37 000
Financial Balance	−19 000	−3 000	−30 000	−36 000
Dividends	0	0	0	0
Net Income	−362 000	637 000	−93 000	525 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	15 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	212 000	298 000	252 000	368 000
Fixtures	329 000	556 000	387 000	0
Total Tangible Assets	541 000	854 000	639 000	463 000
Total Fiancial Fixed Assets	1 072 000	1 027 000	162 000	283 000
Total Fixed Assets	1 612 000	1 881 000	815 000	760 000
Stock	0	0	0	61 000
Total Investments	0	0	0	0
Cash, Bank	117 000	54 000	103 000	906 000
Total Current Assets	1 669 000	2 164 000	1 775 000	2 456 000
Total Assets	3 281 000	4 045 000	2 591 000	3 216 000
Total Equity	2 075 000	2 438 000	1 800 000	1 894 000
Short-Term Group Debt	486 000	37 000	0	0
Total Long-Term Debt	228 000	330 000	175 000	0
Creditors	291 000	1 033 000	322 000	569 000
Unpaid Taxes	129 000	115 000	−8 000	214 000
Dividends	0	0	0	0
Other Current Debt	72 000	92 000	207 000	395 000
Total Current Debt	978 000	1 277 000	615 000	1 323 000
Total Equity and Debt	3 281 000	4 045 000	2 591 000	3 216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,45 %	26,13 %	−5,17 %	27,72 %
Debt-to-Equity Ratio	0,11	0,14	0,1	0
Operating Profit Margin	−8,49 %	15,69 %	0,51 %	7,6 %
Current Ratio	1,71	1,69	2,89	1,86
Quick Ratio	1,71	1,69	2,89	1,95
Equity Ratio	0,63	0,6	0,69	0,59
Gross Profit Margin	88,41 %	91,62 %	84,91 %	71,88 %