MILANO FINNSNES AS

9300 FINNSNES

Finances

Share Ownership

Return on Equity

125,91 %

Current Ratio

1,38

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	8 322 000	6 381 000	5 952 000	6 348 000
Net Income	1 414 000	445 000	460 000	139 000
Total Assets	3 159 000	1 420 000	1 343 000	963 000
Total Equity	1 123 000	408 000	163 000	108 000

Income (NOK)	2021	2020	2019	2018
Revenue	8 322 000	6 381 000	5 952 000	6 348 000
Expenditure	6 496 000	5 804 000	5 349 000	6 151 000
Operating Profit	1 828 000	578 000	603 000	196 000
Financial Income	0	0	0	0
Financial Costs	15 000	7 000	13 000	12 000
Financial Balance	−15 000	−7 000	−13 000	−12 000
Earnings Before Tax	1 813 000	571 000	590 000	184 000
Tax	399 000	126 000	130 000	46 000
Net Income	1 414 000	445 000	460 000	139 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	351 000	294 000	549 000	475 000
Total Current Assets	2 808 000	1 126 000	794 000	488 000
Total Assets	3 159 000	1 420 000	1 343 000	963 000
Total Retained Equity	1 015 000	301 000	56 000	0
Total Equity	1 123 000	408 000	163 000	108 000
Total Long-Term Debt	0	0	66 000	134 000
Total Current Debt	2 036 000	1 012 000	1 113 000	722 000
Total Equity and Debt	3 159 000	1 420 000	1 343 000	963 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	8 285 000	6 341 000	5 952 000	6 348 000
Other Income	38 000	40 000	0	0
Revenue	8 322 000	6 381 000	5 952 000	6 348 000
Cost of Goods Sold	2 547 000	2 139 000	2 021 000	2 447 000
Salary Costs	2 889 000	2 534 000	2 232 000	2 482 000
Depreciation	73 000	87 000	84 000	98 000
Impairment	0	0	0	0
Expenditure	6 496 000	5 804 000	5 349 000	6 151 000
Operating Profit	1 828 000	578 000	603 000	196 000
Financial Income	0	0	0	0
Financial Costs	15 000	7 000	13 000	12 000
Financial Balance	−15 000	−7 000	−13 000	−12 000
Dividends	700 000	200 000	404 000	197 000
Net Income	1 414 000	445 000	460 000	139 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	92 000	93 000	65 000	69 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	8 000	17 000	26 000	35 000
Fixtures	250 000	184 000	458 000	372 000
Total Tangible Assets	259 000	201 000	484 000	407 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	351 000	294 000	549 000	475 000
Stock	199 000	176 000	66 000	44 000
Total Investments	0	0	0	0
Cash, Bank	1 748 000	703 000	324 000	327 000
Total Current Assets	2 808 000	1 126 000	794 000	488 000
Total Assets	3 159 000	1 420 000	1 343 000	963 000
Total Equity	1 123 000	408 000	163 000	108 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	66 000	134 000
Creditors	77 000	89 000	210 000	216 000
Unpaid Taxes	288 000	173 000	151 000	109 000
Dividends	700 000	200 000	404 000	197 000
Other Current Debt	360 000	314 000	222 000	284 000
Total Current Debt	2 036 000	1 012 000	1 113 000	722 000
Total Equity and Debt	3 159 000	1 420 000	1 343 000	963 000

Financial indicators	2021	2020	2019	2018
Return on Equity	125,91 %	109,07 %	282,21 %	128,7 %
Debt-to-Equity Ratio	0	0	0,4	1,24
Operating Profit Margin	21,97 %	9,06 %	10,13 %	3,09 %
Current Ratio	1,38	1,11	0,71	0,68
Quick Ratio	1,53	1,35	0,76	0,72
Equity Ratio	0,36	0,29	0,12	0,11
Gross Profit Margin	69,39 %	66,48 %	66,05 %	61,45 %