MINNE INDUSTRI AS

2092 MINNESUND

Finances

Share Ownership

Return on Equity

128,71 %

Current Ratio

0,06

Debt-to-Equity Ratio

11,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 564 000	1 461 000	1 383 000	1 731 000
Net Income	1 085 000	1 086 000	962 000	1 023 000
Total Assets	13 270 000	13 669 000	13 975 000	15 654 000
Total Equity	843 000	780 000	723 000	665 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 564 000	1 461 000	1 383 000	1 731 000
Expenditure	179 000	151 000	254 000	475 000
Operating Profit	1 385 000	1 310 000	1 129 000	1 255 000
Financial Income	350 000	361 000	415 000	398 000
Financial Costs	345 000	277 000	310 000	341 000
Financial Balance	5 000	84 000	105 000	57 000
Earnings Before Tax	1 391 000	1 393 000	1 234 000	1 312 000
Tax	306 000	307 000	271 000	289 000
Net Income	1 085 000	1 086 000	962 000	1 023 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 114 000	12 764 000	13 282 000	14 837 000
Total Current Assets	156 000	905 000	692 000	817 000
Total Assets	13 270 000	13 669 000	13 975 000	15 654 000
Total Retained Equity	593 000	530 000	473 000	415 000
Total Equity	843 000	780 000	723 000	665 000
Total Long-Term Debt	9 750 000	10 147 000	10 542 000	10 938 000
Total Current Debt	2 677 000	2 742 000	2 710 000	4 051 000
Total Equity and Debt	13 270 000	13 669 000	13 975 000	15 654 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 564 000	1 461 000	1 383 000	1 731 000
Revenue	1 564 000	1 461 000	1 383 000	1 731 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	36 000	45 000	58 000	75 000
Impairment	0	0	0	0
Expenditure	179 000	151 000	254 000	475 000
Operating Profit	1 385 000	1 310 000	1 129 000	1 255 000
Financial Income	350 000	361 000	415 000	398 000
Financial Costs	345 000	277 000	310 000	341 000
Financial Balance	5 000	84 000	105 000	57 000
Dividends	0	0	0	0
Net Income	1 085 000	1 086 000	962 000	1 023 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 326 000	4 362 000	4 398 000	4 434 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	9 000	31 000
Total Tangible Assets	4 326 000	4 362 000	4 407 000	4 464 000
Total Fiancial Fixed Assets	8 788 000	8 402 000	8 875 000	10 372 000
Total Fixed Assets	13 114 000	12 764 000	13 282 000	14 837 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	70 000	35 000	2 000	12 000
Total Current Assets	156 000	905 000	692 000	817 000
Total Assets	13 270 000	13 669 000	13 975 000	15 654 000
Total Equity	843 000	780 000	723 000	665 000
Short-Term Group Debt	1 311 000	1 318 000	1 160 000	2 277 000
Total Long-Term Debt	9 750 000	10 147 000	10 542 000	10 938 000
Creditors	29 000	142 000	79 000	136 000
Unpaid Taxes	55 000	97 000	92 000	81 000
Dividends	0	0	0	0
Other Current Debt	1 282 000	1 184 000	1 379 000	1 557 000
Total Current Debt	2 677 000	2 742 000	2 710 000	4 051 000
Total Equity and Debt	13 270 000	13 669 000	13 975 000	15 654 000

Financial indicators	2022	2021	2020	2019
Return on Equity	128,71 %	139,23 %	133,06 %	153,83 %
Debt-to-Equity Ratio	11,57	13,01	14,58	16,45
Operating Profit Margin	88,55 %	89,66 %	81,63 %	72,5 %
Current Ratio	0,06	0,33	0,26	0,2
Quick Ratio	0,06	0,33	0,26	0,2
Equity Ratio	0,06	0,06	0,05	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %