MINDFIT AS

7052 TRONDHEIM

Finances

Share Ownership

Return on Equity

25 %

Current Ratio

0,05

Debt-to-Equity Ratio

−0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 000	19 000	48 000	72 000
Net Income	−68 000	−37 000	−20 000	−27 000
Total Assets	155 000	47 000	85 000	33 000
Total Equity	−272 000	−203 000	−166 000	−196 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 000	19 000	48 000	72 000
Expenditure	81 000	55 000	68 000	99 000
Operating Profit	−68 000	−37 000	−20 000	−27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−68 000	−37 000	−20 000	−27 000
Tax	0	0	0	0
Net Income	−68 000	−37 000	−20 000	−27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	135 000	41 000	22 000	14 000
Total Current Assets	20 000	6 000	63 000	19 000
Total Assets	155 000	47 000	85 000	33 000
Total Retained Equity	−440 000	−371 000	−334 000	−596 000
Total Equity	−272 000	−203 000	−166 000	−196 000
Total Long-Term Debt	50 000	0	0	0
Total Current Debt	377 000	250 000	251 000	230 000
Total Equity and Debt	155 000	47 000	85 000	33 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 000	19 000	48 000	72 000
Other Income	0	0	0	0
Revenue	12 000	19 000	48 000	72 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	51 000	21 000	13 000	15 000
Impairment	0	0	0	0
Expenditure	81 000	55 000	68 000	99 000
Operating Profit	−68 000	−37 000	−20 000	−27 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−68 000	−37 000	−20 000	−27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	135 000	41 000	22 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	135 000	41 000	22 000	14 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	18 000	5 000	53 000	13 000
Total Current Assets	20 000	6 000	63 000	19 000
Total Assets	155 000	47 000	85 000	33 000
Total Equity	−272 000	−203 000	−166 000	−196 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	50 000	0	0	0
Creditors	5 000	1 000	28 000	7 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	372 000	248 000	223 000	223 000
Total Current Debt	377 000	250 000	251 000	230 000
Total Equity and Debt	155 000	47 000	85 000	33 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25 %	18,23 %	12,05 %	13,78 %
Debt-to-Equity Ratio	−0,18	−0	−0	−0
Operating Profit Margin	−566,67 %	−194,74 %	−41,67 %	−37,5 %
Current Ratio	0,05	0,02	0,25	0,08
Quick Ratio	0,05	0,02	0,25	0,08
Equity Ratio	−1,75	−4,32	−1,95	−5,94
Gross Profit Margin	100 %	100 %	100 %	100 %