TINA MICHALSEN AS

8624 MO I RANA

Finances

Share Ownership

Return on Equity

−294,25 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 861 000	43 742 000	45 071 000	39 202 000
Net Income	−665 000	−533 000	315 000	195 000
Total Assets	5 708 000	4 458 000	5 182 000	4 693 000
Total Equity	226 000	−908 000	−375 000	−690 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 861 000	43 742 000	45 071 000	39 202 000
Expenditure	40 534 000	44 275 000	44 759 000	39 014 000
Operating Profit	−673 000	−533 000	312 000	188 000
Financial Income	8 000	1 000	3 000	8 000
Financial Costs	0	0	0	0
Financial Balance	8 000	1 000	3 000	8 000
Earnings Before Tax	−665 000	−533 000	315 000	195 000
Tax	0	0	0	0
Net Income	−665 000	−533 000	315 000	195 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	20 000	0	16 000
Total Current Assets	5 692 000	4 437 000	5 182 000	4 677 000
Total Assets	5 708 000	4 458 000	5 182 000	4 693 000
Total Retained Equity	−524 000	−1 408 000	−875 000	−1 190 000
Total Equity	226 000	−908 000	−375 000	−690 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 482 000	5 365 000	5 557 000	5 383 000
Total Equity and Debt	5 708 000	4 458 000	5 182 000	4 693 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 102 000	43 243 000	44 530 000	38 284 000
Other Income	759 000	500 000	541 000	918 000
Revenue	39 861 000	43 742 000	45 071 000	39 202 000
Cost of Goods Sold	33 646 000	37 099 000	37 853 000	32 696 000
Salary Costs	2 597 000	2 587 000	2 636 000	2 569 000
Depreciation	4 000	2 000	16 000	48 000
Impairment	0	0	0	0
Expenditure	40 534 000	44 275 000	44 759 000	39 014 000
Operating Profit	−673 000	−533 000	312 000	188 000
Financial Income	8 000	1 000	3 000	8 000
Financial Costs	0	0	0	0
Financial Balance	8 000	1 000	3 000	8 000
Dividends	0	0	0	0
Net Income	−665 000	−533 000	315 000	195 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	20 000	0	16 000
Total Tangible Assets	16 000	20 000	0	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	20 000	0	16 000
Stock	3 524 000	2 736 000	3 357 000	2 990 000
Total Investments	0	0	0	0
Cash, Bank	1 263 000	1 146 000	1 476 000	1 421 000
Total Current Assets	5 692 000	4 437 000	5 182 000	4 677 000
Total Assets	5 708 000	4 458 000	5 182 000	4 693 000
Total Equity	226 000	−908 000	−375 000	−690 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 896 000	4 548 000	4 515 000	4 577 000
Unpaid Taxes	121 000	185 000	224 000	199 000
Dividends	0	0	0	0
Other Current Debt	465 000	632 000	817 000	607 000
Total Current Debt	5 482 000	5 365 000	5 557 000	5 383 000
Total Equity and Debt	5 708 000	4 458 000	5 182 000	4 693 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−294,25 %	58,7 %	−84 %	−28,26 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	−1,69 %	−1,22 %	0,69 %	0,48 %
Current Ratio	1,04	0,83	0,93	0,87
Quick Ratio	2,91	1,69	2,36	1,95
Equity Ratio	0,04	−0,2	−0,07	−0,15
Gross Profit Margin	15,59 %	15,19 %	16,01 %	16,6 %