MINDSHIFT AS

0167 OSLO

Finances

Share Ownership

Return on Equity

1,93 %

Current Ratio

1,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 722 000	23 736 000	17 900 000	16 294 000
Net Income	100 000	676 000	1 672 000	2 524 000
Total Assets	9 555 000	9 769 000	11 122 000	9 113 000
Total Equity	5 171 000	5 071 000	7 464 000	5 791 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 722 000	23 736 000	17 900 000	16 294 000
Expenditure	22 658 000	22 862 000	15 771 000	13 052 000
Operating Profit	65 000	872 000	2 129 000	3 241 000
Financial Income	24 000	20 000	28 000	8 000
Financial Costs	4 000	21 000	7 000	3 000
Financial Balance	20 000	−1 000	21 000	5 000
Earnings Before Tax	85 000	872 000	2 151 000	3 247 000
Tax	−15 000	197 000	478 000	723 000
Net Income	100 000	676 000	1 672 000	2 524 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 045 000	1 214 000	1 065 000	514 000
Total Current Assets	8 510 000	8 555 000	10 056 000	8 599 000
Total Assets	9 555 000	9 769 000	11 122 000	9 113 000
Total Retained Equity	4 828 000	4 728 000	7 121 000	5 449 000
Total Equity	5 171 000	5 071 000	7 464 000	5 791 000
Total Long-Term Debt	0	15 000	9 000	0
Total Current Debt	4 384 000	4 683 000	3 649 000	3 322 000
Total Equity and Debt	9 555 000	9 769 000	11 122 000	9 113 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 719 000	23 736 000	17 680 000	16 294 000
Other Income	3 000	0	220 000	0
Revenue	22 722 000	23 736 000	17 900 000	16 294 000
Cost of Goods Sold	85 000	20 000	106 000	872 000
Salary Costs	18 260 000	18 898 000	12 825 000	10 531 000
Depreciation	482 000	344 000	141 000	63 000
Impairment	0	0	0	0
Expenditure	22 658 000	22 862 000	15 771 000	13 052 000
Operating Profit	65 000	872 000	2 129 000	3 241 000
Financial Income	24 000	20 000	28 000	8 000
Financial Costs	4 000	21 000	7 000	3 000
Financial Balance	20 000	−1 000	21 000	5 000
Dividends	0	0	0	0
Net Income	100 000	676 000	1 672 000	2 524 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	392 000	391 000	0	0
Real Eastate	41 000	55 000	69 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	477 000	636 000	624 000	152 000
Total Tangible Assets	518 000	691 000	693 000	152 000
Total Fiancial Fixed Assets	136 000	132 000	372 000	362 000
Total Fixed Assets	1 045 000	1 214 000	1 065 000	514 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 391 000	6 625 000	8 660 000	7 041 000
Total Current Assets	8 510 000	8 555 000	10 056 000	8 599 000
Total Assets	9 555 000	9 769 000	11 122 000	9 113 000
Total Equity	5 171 000	5 071 000	7 464 000	5 791 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	15 000	9 000	0
Creditors	98 000	53 000	49 000	98 000
Unpaid Taxes	2 447 000	2 232 000	1 755 000	1 414 000
Dividends	0	0	0	0
Other Current Debt	1 838 000	2 208 000	1 376 000	1 086 000
Total Current Debt	4 384 000	4 683 000	3 649 000	3 322 000
Total Equity and Debt	9 555 000	9 769 000	11 122 000	9 113 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,93 %	13,33 %	22,4 %	43,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,29 %	3,67 %	11,89 %	19,89 %
Current Ratio	1,94	1,83	2,76	2,59
Quick Ratio	1,94	1,83	2,76	2,59
Equity Ratio	0,54	0,52	0,67	0,64
Gross Profit Margin	99,63 %	99,92 %	99,41 %	94,65 %