T.L MEK AS

2323 INGEBERG

Finances

Share Ownership

Return on Equity

45,99 %

Current Ratio

1,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 568 000	53 083 000	48 171 000	38 461 000
Net Income	1 461 000	−414 000	11 000	1 274 000
Total Assets	12 129 000	12 185 000	11 075 000	9 964 000
Total Equity	3 177 000	3 716 000	3 662 000	3 651 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 568 000	53 083 000	48 171 000	38 461 000
Expenditure	48 335 000	53 471 000	48 143 000	36 752 000
Operating Profit	2 233 000	−388 000	27 000	1 709 000
Financial Income	9 000	38 000	64 000	5 000
Financial Costs	191 000	171 000	62 000	45 000
Financial Balance	−182 000	−133 000	2 000	−40 000
Earnings Before Tax	2 051 000	−521 000	30 000	1 669 000
Tax	590 000	−107 000	19 000	395 000
Net Income	1 461 000	−414 000	11 000	1 274 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 830 000	1 558 000	1 554 000	1 148 000
Total Current Assets	10 299 000	10 627 000	9 521 000	8 816 000
Total Assets	12 129 000	12 185 000	11 075 000	9 964 000
Total Retained Equity	3 147 000	3 686 000	3 632 000	3 621 000
Total Equity	3 177 000	3 716 000	3 662 000	3 651 000
Total Long-Term Debt	0	0	0	686 000
Total Current Debt	8 952 000	8 469 000	7 413 000	5 627 000
Total Equity and Debt	12 129 000	12 185 000	11 075 000	9 964 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 294 000	52 944 000	48 121 000	38 461 000
Other Income	−1 725 000	139 000	50 000	0
Revenue	50 568 000	53 083 000	48 171 000	38 461 000
Cost of Goods Sold	25 063 000	31 250 000	29 820 000	20 705 000
Salary Costs	11 629 000	11 667 000	9 663 000	8 890 000
Depreciation	602 000	525 000	498 000	377 000
Impairment	0	0	0	0
Expenditure	48 335 000	53 471 000	48 143 000	36 752 000
Operating Profit	2 233 000	−388 000	27 000	1 709 000
Financial Income	9 000	38 000	64 000	5 000
Financial Costs	191 000	171 000	62 000	45 000
Financial Balance	−182 000	−133 000	2 000	−40 000
Dividends	2 000 000	0	0	0
Net Income	1 461 000	−414 000	11 000	1 274 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	156 000	193 000	230 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 010 000	585 000	680 000	625 000
Fixtures	664 000	780 000	643 000	522 000
Total Tangible Assets	1 674 000	1 365 000	1 324 000	1 148 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 830 000	1 558 000	1 554 000	1 148 000
Stock	3 438 000	3 464 000	2 406 000	2 253 000
Total Investments	0	0	0	0
Cash, Bank	443 000	426 000	359 000	312 000
Total Current Assets	10 299 000	10 627 000	9 521 000	8 816 000
Total Assets	12 129 000	12 185 000	11 075 000	9 964 000
Total Equity	3 177 000	3 716 000	3 662 000	3 651 000
Short-Term Group Debt	0	30 000	30 000	350 000
Total Long-Term Debt	0	0	0	686 000
Creditors	2 795 000	2 595 000	3 136 000	2 650 000
Unpaid Taxes	1 692 000	1 094 000	1 568 000	1 244 000
Dividends	2 000 000	0	0	0
Other Current Debt	1 725 000	1 159 000	991 000	1 066 000
Total Current Debt	8 952 000	8 469 000	7 413 000	5 627 000
Total Equity and Debt	12 129 000	12 185 000	11 075 000	9 964 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,99 %	−11,14 %	0,3 %	34,89 %
Debt-to-Equity Ratio	0	0	0	0,19
Operating Profit Margin	4,42 %	−0,73 %	0,06 %	4,44 %
Current Ratio	1,15	1,25	1,28	1,57
Quick Ratio	1,87	2,12	1,9	2,61
Equity Ratio	0,26	0,3	0,33	0,37
Gross Profit Margin	50,44 %	41,13 %	38,1 %	46,17 %