MINGES UNIVERSAL SERVICE AS

1860 TRØGSTAD

Finances

Share Ownership

Return on Equity

−36,18 %

Current Ratio

1,2

Debt-to-Equity Ratio

1,91

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 252 000	23 347 000	24 914 000	20 565 000
Net Income	−411 000	213 000	−529 000	−40 000
Total Assets	12 007 000	12 301 000	12 514 000	6 607 000
Total Equity	1 136 000	1 547 000	1 334 000	1 003 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 252 000	23 347 000	24 914 000	20 565 000
Expenditure	23 408 000	22 874 000	25 264 000	20 423 000
Operating Profit	−158 000	475 000	−349 000	141 000
Financial Income	64 000	83 000	182 000	75 000
Financial Costs	316 000	347 000	428 000	261 000
Financial Balance	−252 000	−264 000	−246 000	−186 000
Earnings Before Tax	−411 000	210 000	−595 000	−45 000
Tax	0	−3 000	−66 000	−4 000
Net Income	−411 000	213 000	−529 000	−40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 571 000	1 761 000	1 596 000	569 000
Total Current Assets	10 436 000	10 540 000	10 918 000	6 038 000
Total Assets	12 007 000	12 301 000	12 514 000	6 607 000
Total Retained Equity	743 000	1 154 000	941 000	610 000
Total Equity	1 136 000	1 547 000	1 334 000	1 003 000
Total Long-Term Debt	2 168 000	2 334 000	1 278 000	1 476 000
Total Current Debt	8 702 000	8 420 000	9 903 000	4 127 000
Total Equity and Debt	12 007 000	12 301 000	12 514 000	6 607 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 172 000	23 298 000	24 876 000	20 508 000
Other Income	80 000	50 000	39 000	56 000
Revenue	23 252 000	23 347 000	24 914 000	20 565 000
Cost of Goods Sold	13 935 000	13 207 000	15 144 000	12 577 000
Salary Costs	6 521 000	6 746 000	7 244 000	5 618 000
Depreciation	232 000	172 000	162 000	148 000
Impairment	0	0	0	0
Expenditure	23 408 000	22 874 000	25 264 000	20 423 000
Operating Profit	−158 000	475 000	−349 000	141 000
Financial Income	64 000	83 000	182 000	75 000
Financial Costs	316 000	347 000	428 000	261 000
Financial Balance	−252 000	−264 000	−246 000	−186 000
Dividends	0	0	0	0
Net Income	−411 000	213 000	−529 000	−40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	53 000	53 000	53 000	76 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 515 000	1 704 000	1 539 000	489 000
Total Tangible Assets	1 515 000	1 704 000	1 539 000	489 000
Total Fiancial Fixed Assets	3 000	3 000	4 000	4 000
Total Fixed Assets	1 571 000	1 761 000	1 596 000	569 000
Stock	6 129 000	5 622 000	5 348 000	4 335 000
Total Investments	0	0	0	0
Cash, Bank	265 000	434 000	886 000	275 000
Total Current Assets	10 436 000	10 540 000	10 918 000	6 038 000
Total Assets	12 007 000	12 301 000	12 514 000	6 607 000
Total Equity	1 136 000	1 547 000	1 334 000	1 003 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 168 000	2 334 000	1 278 000	1 476 000
Creditors	953 000	1 451 000	2 713 000	1 728 000
Unpaid Taxes	1 101 000	998 000	1 148 000	991 000
Dividends	0	0	0	0
Other Current Debt	6 227 000	5 971 000	5 695 000	1 084 000
Total Current Debt	8 702 000	8 420 000	9 903 000	4 127 000
Total Equity and Debt	12 007 000	12 301 000	12 514 000	6 607 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−36,18 %	13,77 %	−39,66 %	−3,99 %
Debt-to-Equity Ratio	1,91	1,51	0,96	1,47
Operating Profit Margin	−0,68 %	2,03 %	−1,4 %	0,69 %
Current Ratio	1,2	1,25	1,1	1,46
Quick Ratio	4,06	3,77	2,4	−29,03
Equity Ratio	0,09	0,13	0,11	0,15
Gross Profit Margin	40,07 %	43,43 %	39,21 %	38,84 %