MIP MILJØKRAFT AS

8626 MO I RANA

Finances

Share Ownership

Return on Equity

−52,13 %

Current Ratio

0,33

Debt-to-Equity Ratio

3,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 222 000	23 467 000	4 151 000	18 207 000
Net Income	−32 016 000	−4 423 000	−88 719 000	−1 194 000
Total Assets	349 018 000	327 025 000	319 487 000	371 005 000
Total Equity	61 418 000	55 577 000	27 955 000	116 674 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 222 000	23 467 000	4 151 000	18 207 000
Expenditure	44 947 000	21 261 000	109 617 000	16 977 000
Operating Profit	−30 726 000	2 205 000	−105 466 000	1 231 000
Financial Income	94 000	7 000	34 000	117 000
Financial Costs	10 234 000	7 402 000	3 556 000	2 301 000
Financial Balance	−10 140 000	−7 395 000	−3 522 000	−2 184 000
Earnings Before Tax	−40 866 000	−5 190 000	−108 988 000	−954 000
Tax	−8 851 000	−766 000	−20 269 000	240 000
Net Income	−32 016 000	−4 423 000	−88 719 000	−1 194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	332 881 000	315 895 000	313 519 000	350 473 000
Total Current Assets	16 137 000	11 130 000	5 968 000	20 532 000
Total Assets	349 018 000	327 025 000	319 487 000	371 005 000
Total Retained Equity	29 060 000	23 445 000	27 869 000	116 588 000
Total Equity	61 418 000	55 577 000	27 955 000	116 674 000
Total Long-Term Debt	239 133 000	247 853 000	251 400 000	62 484 000
Total Current Debt	48 466 000	23 595 000	40 132 000	191 847 000
Total Equity and Debt	349 018 000	327 025 000	319 487 000	371 005 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 222 000	23 467 000	4 151 000	18 207 000
Other Income	0	0	0	0
Revenue	14 222 000	23 467 000	4 151 000	18 207 000
Cost of Goods Sold	3 150 000	3 606 000	1 571 000	1 858 000
Salary Costs	667 000	319 000	3 332 000	2 138 000
Depreciation	8 032 000	8 168 000	8 244 000	6 258 000
Impairment	24 198 000	0	83 743 000	0
Expenditure	44 947 000	21 261 000	109 617 000	16 977 000
Operating Profit	−30 726 000	2 205 000	−105 466 000	1 231 000
Financial Income	94 000	7 000	34 000	117 000
Financial Costs	10 234 000	7 402 000	3 556 000	2 301 000
Financial Balance	−10 140 000	−7 395 000	−3 522 000	−2 184 000
Dividends	0	0	0	0
Net Income	−32 016 000	−4 423 000	−88 719 000	−1 194 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	202 000	471 000	0
Total Intangible Assets	22 911 000	14 262 000	13 765 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	309 951 000	301 598 000	299 750 000	350 412 000
Fixtures	18 000	34 000	3 000	60 000
Total Tangible Assets	309 969 000	301 631 000	299 753 000	350 473 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	332 881 000	315 895 000	313 519 000	350 473 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 178 000	7 202 000	1 545 000	14 641 000
Total Current Assets	16 137 000	11 130 000	5 968 000	20 532 000
Total Assets	349 018 000	327 025 000	319 487 000	371 005 000
Total Equity	61 418 000	55 577 000	27 955 000	116 674 000
Short-Term Group Debt	8 400 000	10 000 000	16 011 000	0
Total Long-Term Debt	239 133 000	247 853 000	251 400 000	62 484 000
Creditors	2 152 000	2 750 000	3 319 000	12 865 000
Unpaid Taxes	232 000	66 000	163 000	150 000
Dividends	0	0	0	0
Other Current Debt	37 682 000	10 779 000	20 629 000	422 000
Total Current Debt	48 466 000	23 595 000	40 132 000	191 847 000
Total Equity and Debt	349 018 000	327 025 000	319 487 000	371 005 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−52,13 %	−7,96 %	−317,36 %	−1,02 %
Debt-to-Equity Ratio	3,89	4,46	8,99	0,54
Operating Profit Margin	−216,05 %	9,4 %	−2 540,74 %	6,76 %
Current Ratio	0,33	0,47	0,15	0,11
Quick Ratio	0,33	0,47	0,15	0,11
Equity Ratio	0,18	0,17	0,09	0,31
Gross Profit Margin	77,85 %	84,63 %	62,15 %	89,8 %