MINDE JERNVARE & SPORT AS

5015 BERGEN

Finances

Share Ownership

Return on Equity

17,7 %

Current Ratio

2,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 587 000	8 620 000	9 270 000	7 935 000
Net Income	342 000	710 000	1 009 000	469 000
Total Assets	3 311 000	3 318 000	3 798 000	3 588 000
Total Equity	1 932 000	1 940 000	2 030 000	1 049 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 587 000	8 620 000	9 270 000	7 935 000
Expenditure	8 152 000	7 710 000	7 967 000	7 335 000
Operating Profit	434 000	910 000	1 303 000	600 000
Financial Income	6 000	1 000	4 000	4 000
Financial Costs	1 000	0	8 000	3 000
Financial Balance	5 000	1 000	−4 000	1 000
Earnings Before Tax	439 000	910 000	1 299 000	601 000
Tax	97 000	200 000	290 000	132 000
Net Income	342 000	710 000	1 009 000	469 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 000	81 000	171 000	280 000
Total Current Assets	3 267 000	3 237 000	3 627 000	3 308 000
Total Assets	3 311 000	3 318 000	3 798 000	3 588 000
Total Retained Equity	1 206 000	1 214 000	1 304 000	324 000
Total Equity	1 932 000	1 940 000	2 030 000	1 049 000
Total Long-Term Debt	0	23 000	408 000	1 183 000
Total Current Debt	1 379 000	1 354 000	1 360 000	1 355 000
Total Equity and Debt	3 311 000	3 318 000	3 798 000	3 588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 587 000	8 575 000	9 270 000	7 935 000
Other Income	0	45 000	0	0
Revenue	8 587 000	8 620 000	9 270 000	7 935 000
Cost of Goods Sold	4 875 000	4 572 000	5 034 000	4 287 000
Salary Costs	1 235 000	1 161 000	1 006 000	1 030 000
Depreciation	33 000	95 000	117 000	97 000
Impairment	0	0	0	0
Expenditure	8 152 000	7 710 000	7 967 000	7 335 000
Operating Profit	434 000	910 000	1 303 000	600 000
Financial Income	6 000	1 000	4 000	4 000
Financial Costs	1 000	0	8 000	3 000
Financial Balance	5 000	1 000	−4 000	1 000
Dividends	0	800 000	0	0
Net Income	342 000	710 000	1 009 000	469 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	43 000	46 000	41 000	33 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	33 000	128 000	245 000
Total Tangible Assets	0	33 000	128 000	245 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	44 000	81 000	171 000	280 000
Stock	1 296 000	1 513 000	1 398 000	1 208 000
Total Investments	0	0	0	0
Cash, Bank	1 555 000	1 446 000	1 895 000	1 851 000
Total Current Assets	3 267 000	3 237 000	3 627 000	3 308 000
Total Assets	3 311 000	3 318 000	3 798 000	3 588 000
Total Equity	1 932 000	1 940 000	2 030 000	1 049 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	23 000	408 000	1 183 000
Creditors	775 000	697 000	568 000	704 000
Unpaid Taxes	381 000	319 000	372 000	266 000
Dividends	0	800 000	0	0
Other Current Debt	130 000	133 000	130 000	385 000
Total Current Debt	1 379 000	1 354 000	1 360 000	1 355 000
Total Equity and Debt	3 311 000	3 318 000	3 798 000	3 588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,7 %	36,6 %	49,7 %	44,71 %
Debt-to-Equity Ratio	0	0,01	0,2	1,13
Operating Profit Margin	5,05 %	10,56 %	14,06 %	7,56 %
Current Ratio	2,37	2,39	2,67	2,44
Quick Ratio	39,36	−20,36	−95,45	22,5
Equity Ratio	0,58	0,58	0,53	0,29
Gross Profit Margin	43,23 %	46,96 %	45,7 %	45,97 %