MIKALSEN UTVIKLING AS

1816 SKIPTVET

Finances

Share Ownership

Return on Equity

−1,05 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 716 000	4 717 000	2 262 000	1 531 000
Net Income	−5 000	327 000	216 000	107 000
Total Assets	1 018 000	1 034 000	698 000	404 000
Total Equity	474 000	479 000	147 000	137 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 716 000	4 717 000	2 262 000	1 531 000
Expenditure	5 710 000	4 298 000	1 985 000	1 394 000
Operating Profit	8 000	420 000	278 000	137 000
Financial Income	0	0	0	0
Financial Costs	14 000	0	1 000	0
Financial Balance	−14 000	0	−1 000	0
Earnings Before Tax	−6 000	419 000	277 000	137 000
Tax	−1 000	92 000	61 000	30 000
Net Income	−5 000	327 000	216 000	107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	47 000	70 000	40 000	28 000
Total Current Assets	972 000	965 000	658 000	377 000
Total Assets	1 018 000	1 034 000	698 000	404 000
Total Retained Equity	444 000	449 000	117 000	107 000
Total Equity	474 000	479 000	147 000	137 000
Total Long-Term Debt	2 000	2 000	2 000	0
Total Current Debt	542 000	553 000	549 000	268 000
Total Equity and Debt	1 018 000	1 034 000	698 000	404 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 716 000	4 717 000	2 262 000	1 531 000
Other Income	0	0	0	0
Revenue	5 716 000	4 717 000	2 262 000	1 531 000
Cost of Goods Sold	2 409 000	2 072 000	574 000	197 000
Salary Costs	2 149 000	1 222 000	962 000	1 016 000
Depreciation	24 000	25 000	20 000	12 000
Impairment	0	0	0	0
Expenditure	5 710 000	4 298 000	1 985 000	1 394 000
Operating Profit	8 000	420 000	278 000	137 000
Financial Income	0	0	0	0
Financial Costs	14 000	0	1 000	0
Financial Balance	−14 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	−5 000	327 000	216 000	107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	45 000	69 000	40 000	28 000
Total Tangible Assets	45 000	69 000	40 000	28 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	47 000	70 000	40 000	28 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	284 000	474 000	423 000	326 000
Total Current Assets	972 000	965 000	658 000	377 000
Total Assets	1 018 000	1 034 000	698 000	404 000
Total Equity	474 000	479 000	147 000	137 000
Short-Term Group Debt	0	58 000	265 000	0
Total Long-Term Debt	2 000	2 000	2 000	0
Creditors	12 000	62 000	53 000	2 000
Unpaid Taxes	308 000	202 000	129 000	116 000
Dividends	0	0	0	0
Other Current Debt	222 000	137 000	102 000	120 000
Total Current Debt	542 000	553 000	549 000	268 000
Total Equity and Debt	1 018 000	1 034 000	698 000	404 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,05 %	68,27 %	146,94 %	78,1 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	0,14 %	8,9 %	12,29 %	8,95 %
Current Ratio	1,79	1,75	1,2	1,41
Quick Ratio	1,79	1,75	1,2	1,41
Equity Ratio	0,47	0,46	0,21	0,34
Gross Profit Margin	57,86 %	56,07 %	74,62 %	87,13 %