MILANO RØRVIK AS

7900 RØRVIK

Finances

Share Ownership

Return on Equity

265,31 %

Current Ratio

0,85

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 922 000	5 433 000	4 236 000	4 418 000
Net Income	−130 000	145 000	−157 000	101 000
Total Assets	493 000	460 000	280 000	339 000
Total Equity	−49 000	81 000	−65 000	92 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 922 000	5 433 000	4 236 000	4 418 000
Expenditure	6 085 000	5 246 000	4 438 000	4 289 000
Operating Profit	−164 000	187 000	−201 000	129 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	−164 000	187 000	−201 000	129 000
Tax	−34 000	42 000	−44 000	28 000
Net Income	−130 000	145 000	−157 000	101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	0	35 000	0
Total Current Assets	459 000	460 000	245 000	339 000
Total Assets	493 000	460 000	280 000	339 000
Total Retained Equity	−103 000	27 000	−118 000	39 000
Total Equity	−49 000	81 000	−65 000	92 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	542 000	379 000	344 000	247 000
Total Equity and Debt	493 000	460 000	280 000	339 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 922 000	5 435 000	4 209 000	4 418 000
Other Income	0	−1 000	27 000	0
Revenue	5 922 000	5 433 000	4 236 000	4 418 000
Cost of Goods Sold	3 220 000	2 649 000	2 092 000	2 140 000
Salary Costs	2 181 000	1 946 000	1 773 000	1 555 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 085 000	5 246 000	4 438 000	4 289 000
Operating Profit	−164 000	187 000	−201 000	129 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	−130 000	145 000	−157 000	101 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	0	35 000	0
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	34 000	0	35 000	0
Stock	177 000	227 000	83 000	73 000
Total Investments	0	0	0	0
Cash, Bank	60 000	62 000	12 000	14 000
Total Current Assets	459 000	460 000	245 000	339 000
Total Assets	493 000	460 000	280 000	339 000
Total Equity	−49 000	81 000	−65 000	92 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	200 000	85 000	134 000	26 000
Unpaid Taxes	131 000	95 000	50 000	51 000
Dividends	0	0	0	0
Other Current Debt	211 000	193 000	160 000	160 000
Total Current Debt	542 000	379 000	344 000	247 000
Total Equity and Debt	493 000	460 000	280 000	339 000

Financial indicators	2022	2021	2020	2019
Return on Equity	265,31 %	179,01 %	241,54 %	109,78 %
Debt-to-Equity Ratio	−0	0	−0	0
Operating Profit Margin	−2,77 %	3,44 %	−4,75 %	2,92 %
Current Ratio	0,85	1,21	0,71	1,37
Quick Ratio	1,26	3,03	0,94	1,95
Equity Ratio	−0,1	0,18	−0,23	0,27
Gross Profit Margin	45,63 %	51,24 %	50,61 %	51,56 %