MIFO AS

6416 MOLDE

Finances

Return on Equity

9,19 %

Current Ratio

2,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	129 170 000	125 700 000	146 177 000	99 217 000
Net Income	3 518 000	4 810 000	2 980 000	3 430 000
Total Assets	64 083 000	59 925 000	57 321 000	51 126 000
Total Equity	38 298 000	36 347 000	32 980 000	31 581 000

Income (NOK)	2022	2021	2020	2019
Revenue	129 170 000	125 700 000	146 177 000	99 217 000
Expenditure	78 029 000	76 804 000	70 922 000	59 612 000
Operating Profit	4 081 000	5 951 000	3 688 000	4 131 000
Financial Income	402 000	256 000	200 000	279 000
Financial Costs	13 000	53 000	50 000	17 000
Financial Balance	389 000	203 000	150 000	262 000
Earnings Before Tax	4 470 000	6 153 000	3 837 000	4 393 000
Tax	952 000	1 343 000	857 000	963 000
Net Income	3 518 000	4 810 000	2 980 000	3 430 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 271 000	8 394 000	7 872 000	7 589 000
Total Current Assets	56 813 000	51 531 000	49 449 000	43 536 000
Total Assets	64 083 000	59 925 000	57 321 000	51 126 000
Total Retained Equity	34 856 000	32 747 000	29 507 000	28 227 000
Total Equity	38 298 000	36 347 000	32 980 000	31 581 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	25 786 000	23 578 000	24 341 000	19 545 000
Total Equity and Debt	64 083 000	59 925 000	57 321 000	51 126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	129 113 000	125 678 000	146 166 000	98 844 000
Other Income	58 000	22 000	11 000	373 000
Revenue	129 170 000	125 700 000	146 177 000	99 217 000
Cost of Goods Sold	0	0	0	0
Salary Costs	63 891 000	62 926 000	59 920 000	49 837 000
Depreciation	1 638 000	1 378 000	1 292 000	872 000
Impairment	0	0	0	0
Expenditure	78 029 000	76 804 000	70 922 000	59 612 000
Operating Profit	4 081 000	5 951 000	3 688 000	4 131 000
Financial Income	402 000	256 000	200 000	279 000
Financial Costs	13 000	53 000	50 000	17 000
Financial Balance	389 000	203 000	150 000	262 000
Dividends	1 392 000	1 443 000	1 581 000	1 353 000
Net Income	3 518 000	4 810 000	2 980 000	3 430 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	105 000	135 000	0	0
Total Intangible Assets	453 000	987 000	637 000	611 000
Real Eastate	3 205 000	3 639 000	4 073 000	4 487 000
Machinery and Plant Facilities	19 000	26 000	33 000	0
Fixtures	3 355 000	3 404 000	2 891 000	2 254 000
Total Tangible Assets	6 579 000	7 069 000	6 997 000	6 740 000
Total Fiancial Fixed Assets	238 000	338 000	238 000	238 000
Total Fixed Assets	7 271 000	8 394 000	7 872 000	7 589 000
Stock	10 155 000	7 367 000	6 183 000	5 002 000
Total Investments	0	0	0	0
Cash, Bank	20 159 000	21 342 000	7 271 000	15 321 000
Total Current Assets	56 813 000	51 531 000	49 449 000	43 536 000
Total Assets	64 083 000	59 925 000	57 321 000	51 126 000
Total Equity	38 298 000	36 347 000	32 980 000	31 581 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 580 000	5 471 000	7 282 000	5 008 000
Unpaid Taxes	9 083 000	9 403 000	9 732 000	8 420 000
Dividends	1 392 000	1 443 000	1 581 000	1 353 000
Other Current Debt	6 259 000	5 704 000	4 614 000	3 787 000
Total Current Debt	25 786 000	23 578 000	24 341 000	19 545 000
Total Equity and Debt	64 083 000	59 925 000	57 321 000	51 126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,19 %	13,23 %	9,04 %	10,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,16 %	4,73 %	2,52 %	4,16 %
Current Ratio	2,2	2,19	2,03	2,23
Quick Ratio	3,63	3,18	2,72	2,99
Equity Ratio	0,6	0,61	0,58	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %