MINGES ANLEGGSSERVICE AS

1663 ROLVSØY

Finances

Share Ownership

Return on Equity

19,24 %

Current Ratio

2,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 224 000	2 245 000	1 224 000	2 273 000
Net Income	654 000	817 000	198 000	1 104 000
Total Assets	3 945 000	3 219 000	2 152 000	2 024 000
Total Equity	3 400 000	2 746 000	1 929 000	1 731 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 224 000	2 245 000	1 224 000	2 273 000
Expenditure	1 361 000	1 200 000	969 000	786 000
Operating Profit	864 000	1 046 000	256 000	1 297 000
Financial Income	0	2 000	0	0
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	2 000	−1 000	0
Earnings Before Tax	863 000	1 048 000	255 000	1 297 000
Tax	209 000	231 000	57 000	194 000
Net Income	654 000	817 000	198 000	1 104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 680 000	740 000	958 000	560 000
Total Current Assets	1 266 000	2 478 000	1 194 000	1 464 000
Total Assets	3 945 000	3 219 000	2 152 000	2 024 000
Total Retained Equity	3 370 000	2 716 000	1 899 000	1 701 000
Total Equity	3 400 000	2 746 000	1 929 000	1 731 000
Total Long-Term Debt	0	0	31 000	18 000
Total Current Debt	545 000	473 000	192 000	274 000
Total Equity and Debt	3 945 000	3 219 000	2 152 000	2 024 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 224 000	2 245 000	1 224 000	2 273 000
Other Income	0	0	0	0
Revenue	2 224 000	2 245 000	1 224 000	2 273 000
Cost of Goods Sold	279 000	203 000	239 000	0
Salary Costs	4 000	5 000	0	0
Depreciation	334 000	268 000	211 000	40 000
Impairment	0	0	0	0
Expenditure	1 361 000	1 200 000	969 000	786 000
Operating Profit	864 000	1 046 000	256 000	1 297 000
Financial Income	0	2 000	0	0
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	2 000	−1 000	0
Dividends	0	0	0	0
Net Income	654 000	817 000	198 000	1 104 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 743 000	0	63 000	0
Machinery and Plant Facilities	923 000	719 000	895 000	560 000
Fixtures	13 000	21 000	0	0
Total Tangible Assets	2 680 000	740 000	958 000	560 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 680 000	740 000	958 000	560 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	941 000	1 824 000	902 000	1 172 000
Total Current Assets	1 266 000	2 478 000	1 194 000	1 464 000
Total Assets	3 945 000	3 219 000	2 152 000	2 024 000
Total Equity	3 400 000	2 746 000	1 929 000	1 731 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	31 000	18 000
Creditors	290 000	125 000	80 000	40 000
Unpaid Taxes	30 000	2 000	32 000	32 000
Dividends	0	0	0	0
Other Current Debt	17 000	85 000	36 000	26 000
Total Current Debt	545 000	473 000	192 000	274 000
Total Equity and Debt	3 945 000	3 219 000	2 152 000	2 024 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,24 %	29,75 %	10,26 %	63,78 %
Debt-to-Equity Ratio	0	0	0,02	0,01
Operating Profit Margin	38,85 %	46,59 %	20,92 %	57,06 %
Current Ratio	2,32	5,24	6,22	5,34
Quick Ratio	2,32	5,24	6,22	5,34
Equity Ratio	0,86	0,85	0,9	0,86
Gross Profit Margin	87,46 %	90,96 %	80,47 %	100 %