MITT & DITT VELVÆRE AS

3712 SKIEN

Finances

Share Ownership

Return on Equity

7,91 %

Current Ratio

1,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 005 000	2 044 000	1 500 000	1 536 000
Net Income	34 000	228 000	74 000	133 000
Total Assets	1 011 000	1 061 000	699 000	637 000
Total Equity	430 000	396 000	168 000	94 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 005 000	2 044 000	1 500 000	1 536 000
Expenditure	1 961 000	1 750 000	1 403 000	1 380 000
Operating Profit	44 000	295 000	97 000	155 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	3 000	4 000
Financial Balance	0	−2 000	−3 000	−4 000
Earnings Before Tax	44 000	292 000	94 000	151 000
Tax	10 000	64 000	21 000	18 000
Net Income	34 000	228 000	74 000	133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 011 000	1 061 000	699 000	637 000
Total Assets	1 011 000	1 061 000	699 000	637 000
Total Retained Equity	400 000	366 000	138 000	64 000
Total Equity	430 000	396 000	168 000	94 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	581 000	665 000	531 000	543 000
Total Equity and Debt	1 011 000	1 061 000	699 000	637 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 874 000	2 044 000	1 475 000	1 482 000
Other Income	130 000	0	25 000	54 000
Revenue	2 005 000	2 044 000	1 500 000	1 536 000
Cost of Goods Sold	823 000	874 000	683 000	730 000
Salary Costs	943 000	684 000	563 000	497 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 961 000	1 750 000	1 403 000	1 380 000
Operating Profit	44 000	295 000	97 000	155 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	3 000	4 000
Financial Balance	0	−2 000	−3 000	−4 000
Dividends	0	0	0	0
Net Income	34 000	228 000	74 000	133 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	89 000	88 000	51 000	73 000
Total Investments	26 000	18 000	0	0
Cash, Bank	895 000	950 000	632 000	564 000
Total Current Assets	1 011 000	1 061 000	699 000	637 000
Total Assets	1 011 000	1 061 000	699 000	637 000
Total Equity	430 000	396 000	168 000	94 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	128 000	139 000	30 000	109 000
Unpaid Taxes	99 000	90 000	117 000	83 000
Dividends	0	0	0	0
Other Current Debt	344 000	372 000	364 000	333 000
Total Current Debt	581 000	665 000	531 000	543 000
Total Equity and Debt	1 011 000	1 061 000	699 000	637 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,91 %	57,58 %	44,05 %	141,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,19 %	14,43 %	6,47 %	10,09 %
Current Ratio	1,74	1,6	1,32	1,17
Quick Ratio	2,05	1,84	1,46	1,36
Equity Ratio	0,43	0,37	0,24	0,15
Gross Profit Margin	58,95 %	57,24 %	54,47 %	52,47 %