MIKALSEN-INVEST AS

9600 HAMMERFEST

Finances

Return on Equity

1,89 %

Current Ratio

2,03

Debt-to-Equity Ratio

1,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	415 694 000	518 741 000	415 096 000	414 237 000
Net Income	337 000	3 667 000	3 252 000	977 000
Total Assets	86 532 000	90 075 000	105 602 000	72 164 000
Total Equity	17 827 000	17 489 000	16 823 000	13 570 000

Income (NOK)	2022	2021	2020	2019
Revenue	415 694 000	518 741 000	415 096 000	414 237 000
Expenditure	414 246 000	512 368 000	410 274 000	411 716 000
Operating Profit	1 448 000	6 374 000	4 823 000	2 521 000
Financial Income	609 000	0	159 000	158 000
Financial Costs	1 619 000	1 641 000	805 000	1 448 000
Financial Balance	−1 010 000	−1 641 000	−646 000	−1 290 000
Earnings Before Tax	437 000	4 732 000	4 177 000	1 231 000
Tax	100 000	1 065 000	925 000	255 000
Net Income	337 000	3 667 000	3 252 000	977 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	167 000	298 000	136 000	148 000
Total Current Assets	86 364 000	89 777 000	105 467 000	72 016 000
Total Assets	86 532 000	90 075 000	105 602 000	72 164 000
Total Retained Equity	0	17 387 000	0	0
Total Equity	17 827 000	17 489 000	16 823 000	13 570 000
Total Long-Term Debt	26 243 000	0	0	33 641 000
Total Current Debt	42 462 000	72 586 000	88 780 000	24 953 000
Total Equity and Debt	86 532 000	90 075 000	105 602 000	72 164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	415 694 000	518 571 000	415 096 000	414 072 000
Other Income	0	170 000	0	165 000
Revenue	415 694 000	518 741 000	415 096 000	414 237 000
Cost of Goods Sold	407 824 000	506 316 000	404 441 000	406 222 000
Salary Costs	4 205 000	3 877 000	3 823 000	3 435 000
Depreciation	19 000	23 000	14 000	49 000
Impairment	0	0	0	0
Expenditure	414 246 000	512 368 000	410 274 000	411 716 000
Operating Profit	1 448 000	6 374 000	4 823 000	2 521 000
Financial Income	609 000	0	159 000	158 000
Financial Costs	1 619 000	1 641 000	805 000	1 448 000
Financial Balance	−1 010 000	−1 641 000	−646 000	−1 290 000
Dividends	0	3 000 000	0	0
Net Income	337 000	3 667 000	3 252 000	977 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	13 000	13 000	28 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	28 000
Fixtures	12 000	31 000	31 000	0
Total Tangible Assets	12 000	31 000	31 000	28 000
Total Fiancial Fixed Assets	143 000	253 000	92 000	92 000
Total Fixed Assets	167 000	298 000	136 000	148 000
Stock	13 251 000	16 546 000	30 141 000	4 624 000
Total Investments	0	0	0	0
Cash, Bank	2 511 000	1 963 000	1 225 000	826 000
Total Current Assets	86 364 000	89 777 000	105 467 000	72 016 000
Total Assets	86 532 000	90 075 000	105 602 000	72 164 000
Total Equity	17 827 000	17 489 000	16 823 000	13 570 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 243 000	0	0	33 641 000
Creditors	41 686 000	33 244 000	58 367 000	23 593 000
Unpaid Taxes	293 000	247 000	219 000	173 000
Dividends	0	3 000 000	0	0
Other Current Debt	384 000	775 000	461 000	928 000
Total Current Debt	42 462 000	72 586 000	88 780 000	24 953 000
Total Equity and Debt	86 532 000	90 075 000	105 602 000	72 164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,89 %	20,97 %	19,33 %	7,2 %
Debt-to-Equity Ratio	1,47	0	0	2,48
Operating Profit Margin	0,35 %	1,23 %	1,16 %	0,61 %
Current Ratio	2,03	1,24	1,19	2,89
Quick Ratio	2,96	1,6	1,8	3,54
Equity Ratio	0,21	0,19	0,16	0,19
Gross Profit Margin	1,89 %	2,4 %	2,57 %	1,93 %