MILCO AS

5918 FREKHAUG

Finances

Share Ownership

Return on Equity

−7,63 %

Current Ratio

18,72

Debt-to-Equity Ratio

10,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	965 000	1 036 000	594 000	363 000
Net Income	−45 000	233 000	−226 000	50 000
Total Assets	6 724 000	5 809 000	5 149 000	2 767 000
Total Equity	590 000	635 000	403 000	−541 000

Income (NOK)	2022	2021	2020	2019
Revenue	965 000	1 036 000	594 000	363 000
Expenditure	918 000	646 000	1 018 000	214 000
Operating Profit	48 000	390 000	−424 000	150 000
Financial Income	0	3 000	0	0
Financial Costs	104 000	95 000	86 000	100 000
Financial Balance	−104 000	−92 000	−86 000	−100 000
Earnings Before Tax	−56 000	298 000	−510 000	50 000
Tax	−11 000	66 000	−284 000	0
Net Income	−45 000	233 000	−226 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 741 000	3 788 000	3 157 000	2 542 000
Total Current Assets	1 984 000	2 021 000	1 992 000	225 000
Total Assets	6 724 000	5 809 000	5 149 000	2 767 000
Total Retained Equity	−610 000	−565 000	−797 000	−571 000
Total Equity	590 000	635 000	403 000	−541 000
Total Long-Term Debt	6 028 000	5 041 000	4 642 000	3 250 000
Total Current Debt	106 000	133 000	105 000	58 000
Total Equity and Debt	6 724 000	5 809 000	5 149 000	2 767 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	158 000	378 000	97 000	52 000
Other Income	808 000	658 000	497 000	311 000
Revenue	965 000	1 036 000	594 000	363 000
Cost of Goods Sold	153 000	191 000	301 000	15 000
Salary Costs	100 000	0	390 000	46 000
Depreciation	149 000	98 000	57 000	14 000
Impairment	0	0	0	0
Expenditure	918 000	646 000	1 018 000	214 000
Operating Profit	48 000	390 000	−424 000	150 000
Financial Income	0	3 000	0	0
Financial Costs	104 000	95 000	86 000	100 000
Financial Balance	−104 000	−92 000	−86 000	−100 000
Dividends	0	0	0	0
Net Income	−45 000	233 000	−226 000	50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 153 000	2 121 000	2 121 000	2 029 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 950 000	1 667 000	1 036 000	512 000
Total Tangible Assets	4 741 000	3 788 000	3 157 000	2 542 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 741 000	3 788 000	3 157 000	2 542 000
Stock	139 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	81 000	267 000	235 000	27 000
Total Current Assets	1 984 000	2 021 000	1 992 000	225 000
Total Assets	6 724 000	5 809 000	5 149 000	2 767 000
Total Equity	590 000	635 000	403 000	−541 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 028 000	5 041 000	4 642 000	3 250 000
Creditors	21 000	−3 000	7 000	3 000
Unpaid Taxes	11 000	27 000	5 000	0
Dividends	0	0	0	0
Other Current Debt	75 000	61 000	92 000	55 000
Total Current Debt	106 000	133 000	105 000	58 000
Total Equity and Debt	6 724 000	5 809 000	5 149 000	2 767 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,63 %	36,69 %	−56,08 %	−9,24 %
Debt-to-Equity Ratio	10,22	7,94	11,52	−6,01
Operating Profit Margin	4,97 %	37,64 %	−71,38 %	41,32 %
Current Ratio	18,72	15,2	18,97	3,88
Quick Ratio	−60,12	15,2	18,97	3,88
Equity Ratio	0,09	0,11	0,08	−0,2
Gross Profit Margin	84,15 %	81,56 %	49,33 %	95,87 %