MINDALEN STEINANLEGG AS

3804 BØ I TELEMARK

Finances

Share Ownership

Return on Equity

−5 000 %

Current Ratio

1,05

Debt-to-Equity Ratio

110,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 061 000	2 074 000	2 162 000	752 000
Net Income	−100 000	−171 000	230 000	103 000
Total Assets	584 000	772 000	1 206 000	839 000
Total Equity	2 000	102 000	403 000	173 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 061 000	2 074 000	2 162 000	752 000
Expenditure	2 143 000	2 245 000	1 850 000	613 000
Operating Profit	−83 000	−171 000	311 000	138 000
Financial Income	0	0	0	0
Financial Costs	18 000	13 000	16 000	7 000
Financial Balance	−18 000	−13 000	−16 000	−7 000
Earnings Before Tax	−100 000	−184 000	296 000	132 000
Tax	0	−13 000	65 000	29 000
Net Income	−100 000	−171 000	230 000	103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	205 000	299 000	390 000	497 000
Total Current Assets	379 000	473 000	816 000	341 000
Total Assets	584 000	772 000	1 206 000	839 000
Total Retained Equity	−68 000	32 000	333 000	103 000
Total Equity	2 000	102 000	403 000	173 000
Total Long-Term Debt	221 000	271 000	332 000	384 000
Total Current Debt	360 000	399 000	471 000	283 000
Total Equity and Debt	584 000	772 000	1 206 000	839 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 061 000	2 074 000	2 162 000	752 000
Other Income	0	0	0	0
Revenue	2 061 000	2 074 000	2 162 000	752 000
Cost of Goods Sold	40 000	0	6 000	0
Salary Costs	1 473 000	1 793 000	1 351 000	460 000
Depreciation	104 000	103 000	102 000	19 000
Impairment	0	0	0	0
Expenditure	2 143 000	2 245 000	1 850 000	613 000
Operating Profit	−83 000	−171 000	311 000	138 000
Financial Income	0	0	0	0
Financial Costs	18 000	13 000	16 000	7 000
Financial Balance	−18 000	−13 000	−16 000	−7 000
Dividends	0	130 000	0	0
Net Income	−100 000	−171 000	230 000	103 000

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	197 000	286 000	371 000	474 000
Total Tangible Assets	197 000	286 000	371 000	474 000
Total Fiancial Fixed Assets	8 000	13 000	18 000	24 000
Total Fixed Assets	205 000	299 000	390 000	497 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	359 000	357 000	691 000	259 000
Total Current Assets	379 000	473 000	816 000	341 000
Total Assets	584 000	772 000	1 206 000	839 000
Total Equity	2 000	102 000	403 000	173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	221 000	271 000	332 000	384 000
Creditors	35 000	45 000	18 000	22 000
Unpaid Taxes	170 000	164 000	188 000	153 000
Dividends	0	130 000	0	0
Other Current Debt	155 000	191 000	194 000	96 000
Total Current Debt	360 000	399 000	471 000	283 000
Total Equity and Debt	584 000	772 000	1 206 000	839 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5 000 %	−167,65 %	57,07 %	59,54 %
Debt-to-Equity Ratio	110,5	2,66	0,82	2,22
Operating Profit Margin	−4,03 %	−8,24 %	14,38 %	18,35 %
Current Ratio	1,05	1,19	1,73	1,2
Quick Ratio	1,05	1,19	1,73	1,2
Equity Ratio	0	0,13	0,33	0,21
Gross Profit Margin	98,06 %	100 %	99,72 %	100 %