MIKALSEN AS

6809 FØRDE

Finances

Share Ownership

Return on Equity

−500 %

Current Ratio

1,05

Debt-to-Equity Ratio

2,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	279 000	53 000	355 000	522 000
Net Income	−35 000	−80 000	39 000	27 000
Total Assets	68 000	66 000	176 000	208 000
Total Equity	7 000	42 000	122 000	83 000

Income (NOK)	2022	2021	2020	2019
Revenue	279 000	53 000	355 000	522 000
Expenditure	340 000	157 000	305 000	488 000
Operating Profit	−60 000	−104 000	50 000	34 000
Financial Income	25 000	23 000	0	0
Financial Costs	0	0	0	0
Financial Balance	25 000	23 000	0	0
Earnings Before Tax	−35 000	−81 000	50 000	34 000
Tax	0	−1 000	11 000	8 000
Net Income	−35 000	−80 000	39 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	38 000	18 000	0
Total Current Assets	44 000	28 000	158 000	208 000
Total Assets	68 000	66 000	176 000	208 000
Total Retained Equity	−23 000	12 000	92 000	53 000
Total Equity	7 000	42 000	122 000	83 000
Total Long-Term Debt	20 000	20 000	1 000	0
Total Current Debt	42 000	4 000	54 000	126 000
Total Equity and Debt	68 000	66 000	176 000	208 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	279 000	53 000	355 000	522 000
Other Income	0	0	0	0
Revenue	279 000	53 000	355 000	522 000
Cost of Goods Sold	0	0	0	2 000
Salary Costs	211 000	0	261 000	434 000
Depreciation	13 000	0	2 000	0
Impairment	0	0	0	0
Expenditure	340 000	157 000	305 000	488 000
Operating Profit	−60 000	−104 000	50 000	34 000
Financial Income	25 000	23 000	0	0
Financial Costs	0	0	0	0
Financial Balance	25 000	23 000	0	0
Dividends	0	0	0	0
Net Income	−35 000	−80 000	39 000	27 000

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	25 000	38 000	18 000	0
Total Tangible Assets	25 000	38 000	18 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 000	38 000	18 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	43 000	28 000	158 000	208 000
Total Current Assets	44 000	28 000	158 000	208 000
Total Assets	68 000	66 000	176 000	208 000
Total Equity	7 000	42 000	122 000	83 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 000	20 000	1 000	0
Creditors	0	17 000	0	14 000
Unpaid Taxes	19 000	−13 000	12 000	21 000
Dividends	0	0	0	0
Other Current Debt	23 000	0	32 000	83 000
Total Current Debt	42 000	4 000	54 000	126 000
Total Equity and Debt	68 000	66 000	176 000	208 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−500 %	−190,48 %	31,97 %	32,53 %
Debt-to-Equity Ratio	2,86	0,48	0,01	0
Operating Profit Margin	−21,51 %	−196,23 %	14,08 %	6,51 %
Current Ratio	1,05	7	2,93	1,65
Quick Ratio	1,05	7	2,93	1,65
Equity Ratio	0,1	0,64	0,69	0,4
Gross Profit Margin	100 %	100 %	100 %	99,62 %