MING RESTAURANT AS

2615 LILLEHAMMER

Finances

Share Ownership

Return on Equity

748,44 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 118 000	6 510 000	5 395 000	5 898 000
Net Income	479 000	877 000	542 000	−243 000
Total Assets	2 597 000	2 380 000	1 513 000	995 000
Total Equity	64 000	1 080 000	203 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 118 000	6 510 000	5 395 000	5 898 000
Expenditure	5 511 000	5 373 000	4 758 000	6 155 000
Operating Profit	608 000	1 138 000	637 000	−257 000
Financial Income	9 000	4 000	4 000	4 000
Financial Costs	2 000	0	0	−2 000
Financial Balance	7 000	4 000	4 000	6 000
Earnings Before Tax	615 000	1 141 000	642 000	−251 000
Tax	135 000	264 000	100 000	−9 000
Net Income	479 000	877 000	542 000	−243 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	63 000	55 000	17 000
Total Current Assets	2 562 000	2 317 000	1 458 000	978 000
Total Assets	2 597 000	2 380 000	1 513 000	995 000
Total Retained Equity	34 000	1 050 000	173 000	−15 000
Total Equity	64 000	1 080 000	203 000	15 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 533 000	1 300 000	1 311 000	980 000
Total Equity and Debt	2 597 000	2 380 000	1 513 000	995 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 943 000	6 300 000	5 155 000	5 718 000
Other Income	175 000	210 000	240 000	180 000
Revenue	6 118 000	6 510 000	5 395 000	5 898 000
Cost of Goods Sold	1 649 000	1 683 000	1 345 000	1 418 000
Salary Costs	2 725 000	2 836 000	2 385 000	3 584 000
Depreciation	14 000	20 000	13 000	23 000
Impairment	0	0	0	0
Expenditure	5 511 000	5 373 000	4 758 000	6 155 000
Operating Profit	608 000	1 138 000	637 000	−257 000
Financial Income	9 000	4 000	4 000	4 000
Financial Costs	2 000	0	0	−2 000
Financial Balance	7 000	4 000	4 000	6 000
Dividends	1 432 000	0	0	0
Net Income	479 000	877 000	542 000	−243 000

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	35 000	50 000	48 000	17 000
Total Tangible Assets	35 000	50 000	48 000	17 000
Total Fiancial Fixed Assets	0	13 000	7 000	0
Total Fixed Assets	35 000	63 000	55 000	17 000
Stock	225 000	131 000	124 000	125 000
Total Investments	0	0	0	0
Cash, Bank	731 000	2 122 000	1 268 000	759 000
Total Current Assets	2 562 000	2 317 000	1 458 000	978 000
Total Assets	2 597 000	2 380 000	1 513 000	995 000
Total Equity	64 000	1 080 000	203 000	15 000
Short-Term Group Debt	81 000	0	454 000	0
Total Long-Term Debt	0	0	0	0
Creditors	66 000	298 000	62 000	77 000
Unpaid Taxes	294 000	156 000	296 000	181 000
Dividends	1 432 000	0	0	0
Other Current Debt	542 000	582 000	499 000	722 000
Total Current Debt	2 533 000	1 300 000	1 311 000	980 000
Total Equity and Debt	2 597 000	2 380 000	1 513 000	995 000

Financial indicators	2022	2021	2020	2019
Return on Equity	748,44 %	81,2 %	267 %	−1 620 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,94 %	17,48 %	11,81 %	−4,36 %
Current Ratio	1,01	1,78	1,11	1
Quick Ratio	1,11	1,98	1,23	1,14
Equity Ratio	0,02	0,45	0,13	0,02
Gross Profit Margin	73,05 %	74,15 %	75,07 %	75,96 %