MILVUS AS

3159 MELSOMVIK

Finances

Share Ownership

Return on Equity

−43,17 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 344 000	4 357 000	2 381 000	0
Net Income	−98 000	224 000	−373 000	0
Total Assets	792 000	1 033 000	474 000	100 000
Total Equity	227 000	325 000	101 000	100 000

Income (NOK)	2022	2021	2020
Revenue	4 344 000	4 357 000	2 381 000
Expenditure	4 423 000	4 124 000	2 749 000
Operating Profit	−79 000	233 000	−367 000
Financial Income	0	0	0
Financial Costs	19 000	9 000	7 000
Financial Balance	−19 000	−9 000	−7 000
Earnings Before Tax	−98 000	224 000	−373 000
Tax	0	0	0
Net Income	−98 000	224 000	−373 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 000	50 000	44 000	0
Total Current Assets	725 000	983 000	431 000	100 000
Total Assets	792 000	1 033 000	474 000	100 000
Total Retained Equity	133 000	230 000	7 000	0
Total Equity	227 000	325 000	101 000	100 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	565 000	708 000	373 000	0
Total Equity and Debt	792 000	1 033 000	474 000	100 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 344 000	4 357 000	2 381 000
Other Income	0	0	0
Revenue	4 344 000	4 357 000	2 381 000
Cost of Goods Sold	2 186 000	2 149 000	784 000
Salary Costs	1 535 000	1 411 000	1 432 000
Depreciation	23 000	13 000	11 000
Impairment	0	0	0
Expenditure	4 423 000	4 124 000	2 749 000
Operating Profit	−79 000	233 000	−367 000
Financial Income	0	0	0
Financial Costs	19 000	9 000	7 000
Financial Balance	−19 000	−9 000	−7 000
Dividends	0	0	0
Net Income	−98 000	224 000	−373 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	11 000	14 000	0
Machinery and Plant Facilities	52 000	0	0	0
Fixtures	15 000	39 000	30 000	0
Total Tangible Assets	67 000	50 000	44 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	67 000	50 000	44 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	590 000	598 000	55 000	0
Total Current Assets	725 000	983 000	431 000	100 000
Total Assets	792 000	1 033 000	474 000	100 000
Total Equity	227 000	325 000	101 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	193 000	188 000	83 000	0
Unpaid Taxes	186 000	161 000	162 000	0
Dividends	0	0	0	0
Other Current Debt	186 000	191 000	128 000	0
Total Current Debt	565 000	708 000	373 000	0
Total Equity and Debt	792 000	1 033 000	474 000	100 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,17 %	68,92 %	−369,31 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,82 %	5,35 %	−15,41 %	-
Current Ratio	1,28	1,39	1,16	-
Quick Ratio	1,28	1,39	1,16	-
Equity Ratio	0,29	0,31	0,21	1
Gross Profit Margin	49,68 %	50,68 %	67,07 %	-