MICHEL HOLDING & TRADE AS

4624 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

95,16 %

Current Ratio

0,83

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	939 000	1 037 000	539 000	21 000
Net Income	177 000	163 000	225 000	−3 000
Total Assets	498 000	380 000	286 000	21 000
Total Equity	186 000	229 000	66 000	−25 000

Income (NOK)	2022	2021	2020	2019
Revenue	939 000	1 037 000	539 000	21 000
Expenditure	682 000	806 000	247 000	24 000
Operating Profit	257 000	231 000	292 000	−3 000
Financial Income	0	0	0	0
Financial Costs	9 000	7 000	1 000	1 000
Financial Balance	−9 000	−7 000	−1 000	−1 000
Earnings Before Tax	248 000	223 000	291 000	−4 000
Tax	71 000	61 000	66 000	−1 000
Net Income	177 000	163 000	225 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	246 000	255 000	84 000	7 000
Total Current Assets	252 000	126 000	202 000	14 000
Total Assets	498 000	380 000	286 000	21 000
Total Retained Equity	146 000	189 000	26 000	−65 000
Total Equity	186 000	229 000	66 000	−25 000
Total Long-Term Debt	10 000	9 000	3 000	0
Total Current Debt	302 000	143 000	217 000	45 000
Total Equity and Debt	498 000	380 000	286 000	21 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	939 000	1 037 000	539 000	21 000
Other Income	0	0	0	0
Revenue	939 000	1 037 000	539 000	21 000
Cost of Goods Sold	0	122 000	0	0
Salary Costs	0	3 000	1 000	0
Depreciation	48 000	31 000	7 000	0
Impairment	0	0	0	0
Expenditure	682 000	806 000	247 000	24 000
Operating Profit	257 000	231 000	292 000	−3 000
Financial Income	0	0	0	0
Financial Costs	9 000	7 000	1 000	1 000
Financial Balance	−9 000	−7 000	−1 000	−1 000
Dividends	219 000	0	134 000	0
Net Income	177 000	163 000	225 000	−3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	224 000	255 000	84 000	0
Total Tangible Assets	224 000	255 000	84 000	0
Total Fiancial Fixed Assets	22 000	0	0	0
Total Fixed Assets	246 000	255 000	84 000	7 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 000	126 000	61 000	0
Total Current Assets	252 000	126 000	202 000	14 000
Total Assets	498 000	380 000	286 000	21 000
Total Equity	186 000	229 000	66 000	−25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	9 000	3 000	0
Creditors	12 000	1 000	1 000	33 000
Unpaid Taxes	0	32 000	26 000	0
Dividends	219 000	0	134 000	0
Other Current Debt	0	56 000	0	12 000
Total Current Debt	302 000	143 000	217 000	45 000
Total Equity and Debt	498 000	380 000	286 000	21 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,16 %	71,18 %	340,91 %	12 %
Debt-to-Equity Ratio	0,05	0,04	0,05	−0
Operating Profit Margin	27,37 %	22,28 %	54,17 %	−14,29 %
Current Ratio	0,83	0,88	0,93	0,31
Quick Ratio	0,83	0,88	0,93	0,31
Equity Ratio	0,37	0,6	0,23	−1,19
Gross Profit Margin	100 %	88,24 %	100 %	100 %