MINEL GUDBRANDSDAL AS

2670 OTTA

Finances

Share Ownership

Return on Equity

61,05 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	113 953 000	80 565 000	82 545 000	77 798 000
Net Income	8 109 000	2 870 000	3 601 000	2 354 000
Total Assets	53 152 000	33 968 000	30 167 000	25 028 000
Total Equity	13 282 000	8 492 000	7 542 000	7 342 000

Income (NOK)	2022	2021	2020	2019
Revenue	113 953 000	80 565 000	82 545 000	77 798 000
Expenditure	103 581 000	76 810 000	77 856 000	74 713 000
Operating Profit	10 372 000	3 755 000	4 689 000	3 086 000
Financial Income	198 000	22 000	21 000	12 000
Financial Costs	171 000	90 000	74 000	75 000
Financial Balance	27 000	−68 000	−53 000	−63 000
Earnings Before Tax	10 399 000	3 687 000	4 636 000	3 022 000
Tax	2 289 000	817 000	1 035 000	668 000
Net Income	8 109 000	2 870 000	3 601 000	2 354 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 095 000	1 186 000	1 358 000	1 785 000
Total Current Assets	52 057 000	32 782 000	28 809 000	23 243 000
Total Assets	53 152 000	33 968 000	30 167 000	25 028 000
Total Retained Equity	8 589 000	3 799 000	2 849 000	2 649 000
Total Equity	13 282 000	8 492 000	7 542 000	7 342 000
Total Long-Term Debt	659 000	0	190 000	0
Total Current Debt	39 211 000	25 476 000	22 435 000	17 686 000
Total Equity and Debt	53 152 000	33 968 000	30 167 000	25 028 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	113 324 000	80 565 000	82 533 000	77 098 000
Other Income	629 000	0	12 000	701 000
Revenue	113 953 000	80 565 000	82 545 000	77 798 000
Cost of Goods Sold	51 483 000	34 195 000	38 191 000	32 186 000
Salary Costs	40 685 000	33 992 000	31 314 000	33 093 000
Depreciation	380 000	363 000	480 000	408 000
Impairment	0	0	0	0
Expenditure	103 581 000	76 810 000	77 856 000	74 713 000
Operating Profit	10 372 000	3 755 000	4 689 000	3 086 000
Financial Income	198 000	22 000	21 000	12 000
Financial Costs	171 000	90 000	74 000	75 000
Financial Balance	27 000	−68 000	−53 000	−63 000
Dividends	210 000	1 920 000	1 311 000	1 200 000
Net Income	8 109 000	2 870 000	3 601 000	2 354 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	117 000	0	73 000
Real Eastate	15 000	33 000	51 000	69 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 080 000	1 037 000	1 307 000	1 643 000
Total Tangible Assets	1 095 000	1 070 000	1 358 000	1 712 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 095 000	1 186 000	1 358 000	1 785 000
Stock	6 407 000	5 020 000	4 928 000	4 605 000
Total Investments	0	0	0	0
Cash, Bank	1 850 000	1 524 000	1 465 000	1 621 000
Total Current Assets	52 057 000	32 782 000	28 809 000	23 243 000
Total Assets	53 152 000	33 968 000	30 167 000	25 028 000
Total Equity	13 282 000	8 492 000	7 542 000	7 342 000
Short-Term Group Debt	6 667 000	2 680 000	2 680 000	1 000 000
Total Long-Term Debt	659 000	0	190 000	0
Creditors	12 476 000	6 485 000	7 095 000	6 670 000
Unpaid Taxes	6 168 000	5 065 000	4 504 000	4 808 000
Dividends	210 000	1 920 000	1 311 000	1 200 000
Other Current Debt	13 054 000	8 203 000	6 663 000	3 892 000
Total Current Debt	39 211 000	25 476 000	22 435 000	17 686 000
Total Equity and Debt	53 152 000	33 968 000	30 167 000	25 028 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,05 %	33,8 %	47,75 %	32,06 %
Debt-to-Equity Ratio	0,05	0	0,03	0
Operating Profit Margin	9,1 %	4,66 %	5,68 %	3,97 %
Current Ratio	1,33	1,29	1,28	1,31
Quick Ratio	1,59	1,6	1,65	1,78
Equity Ratio	0,25	0,25	0,25	0,29
Gross Profit Margin	54,82 %	57,56 %	53,73 %	58,63 %