MILLAB CONSULT AS

1084 OSLO

Finances

Share Ownership

Return on Equity

8,24 %

Current Ratio

1,59

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 875 000	4 233 000	3 249 000	3 125 000
Net Income	56 000	250 000	−100 000	−198 000
Total Assets	1 450 000	1 692 000	952 000	1 033 000
Total Equity	680 000	625 000	374 000	474 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 875 000	4 233 000	3 249 000	3 125 000
Expenditure	3 794 000	3 905 000	3 376 000	3 380 000
Operating Profit	81 000	328 000	−127 000	−254 000
Financial Income	0	0	0	0
Financial Costs	10 000	7 000	1 000	0
Financial Balance	−10 000	−7 000	−1 000	0
Earnings Before Tax	71 000	321 000	−128 000	−254 000
Tax	16 000	71 000	−28 000	−56 000
Net Income	56 000	250 000	−100 000	−198 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	322 000	443 000	155 000	72 000
Total Current Assets	1 128 000	1 249 000	797 000	961 000
Total Assets	1 450 000	1 692 000	952 000	1 033 000
Total Retained Equity	580 000	525 000	274 000	374 000
Total Equity	680 000	625 000	374 000	474 000
Total Long-Term Debt	60 000	297 000	0	0
Total Current Debt	710 000	770 000	577 000	559 000
Total Equity and Debt	1 450 000	1 692 000	952 000	1 033 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 875 000	4 223 000	3 233 000	3 125 000
Other Income	0	10 000	16 000	0
Revenue	3 875 000	4 233 000	3 249 000	3 125 000
Cost of Goods Sold	181 000	394 000	232 000	477 000
Salary Costs	2 713 000	2 523 000	2 379 000	2 250 000
Depreciation	109 000	109 000	24 000	9 000
Impairment	0	0	0	0
Expenditure	3 794 000	3 905 000	3 376 000	3 380 000
Operating Profit	81 000	328 000	−127 000	−254 000
Financial Income	0	0	0	0
Financial Costs	10 000	7 000	1 000	0
Financial Balance	−10 000	−7 000	−1 000	0
Dividends	0	0	0	0
Net Income	56 000	250 000	−100 000	−198 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	21 000	92 000	64 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	313 000	422 000	63 000	9 000
Total Tangible Assets	313 000	422 000	63 000	9 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	322 000	443 000	155 000	72 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	349 000	352 000	156 000	573 000
Total Current Assets	1 128 000	1 249 000	797 000	961 000
Total Assets	1 450 000	1 692 000	952 000	1 033 000
Total Equity	680 000	625 000	374 000	474 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	60 000	297 000	0	0
Creditors	0	78 000	14 000	56 000
Unpaid Taxes	458 000	453 000	350 000	317 000
Dividends	0	0	0	0
Other Current Debt	248 000	240 000	214 000	185 000
Total Current Debt	710 000	770 000	577 000	559 000
Total Equity and Debt	1 450 000	1 692 000	952 000	1 033 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,24 %	40 %	−26,74 %	−41,77 %
Debt-to-Equity Ratio	0,09	0,48	0	0
Operating Profit Margin	2,09 %	7,75 %	−3,91 %	−8,13 %
Current Ratio	1,59	1,62	1,38	1,72
Quick Ratio	1,59	1,62	1,38	1,72
Equity Ratio	0,47	0,37	0,39	0,46
Gross Profit Margin	95,33 %	90,69 %	92,86 %	84,74 %