MIL SHIPPING AS

0255 OSLO

Finances

Share Ownership

Return on Equity

20 960 %

Current Ratio

0,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 128 000	34 794 000	19 765 000	25 439 000
Net Income	6 288 000	10 552 000	5 146 000	6 616 000
Total Assets	10 396 000	18 295 000	10 225 000	13 979 000
Total Equity	30 000	30 000	30 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 128 000	34 794 000	19 765 000	25 439 000
Expenditure	15 931 000	21 007 000	13 451 000	16 764 000
Operating Profit	8 197 000	13 787 000	6 314 000	8 675 000
Financial Income	332 000	153 000	626 000	75 000
Financial Costs	336 000	282 000	272 000	169 000
Financial Balance	−4 000	−129 000	354 000	−94 000
Earnings Before Tax	8 193 000	13 658 000	6 668 000	8 581 000
Tax	1 906 000	3 105 000	1 521 000	1 965 000
Net Income	6 288 000	10 552 000	5 146 000	6 616 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	92 000	87 000	99 000	90 000
Total Current Assets	10 304 000	18 208 000	10 125 000	13 890 000
Total Assets	10 396 000	18 295 000	10 225 000	13 979 000
Total Retained Equity	20 000	20 000	20 000	20 000
Total Equity	30 000	30 000	30 000	30 000
Total Long-Term Debt	0	0	2 000	2 000
Total Current Debt	10 366 000	18 265 000	10 192 000	13 947 000
Total Equity and Debt	10 396 000	18 295 000	10 225 000	13 979 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 128 000	34 792 000	19 765 000	25 439 000
Other Income	0	1 000	0	0
Revenue	24 128 000	34 794 000	19 765 000	25 439 000
Cost of Goods Sold	6 846 000	12 366 000	8 334 000	12 576 000
Salary Costs	6 885 000	6 504 000	3 793 000	2 681 000
Depreciation	33 000	33 000	27 000	16 000
Impairment	0	0	0	0
Expenditure	15 931 000	21 007 000	13 451 000	16 764 000
Operating Profit	8 197 000	13 787 000	6 314 000	8 675 000
Financial Income	332 000	153 000	626 000	75 000
Financial Costs	336 000	282 000	272 000	169 000
Financial Balance	−4 000	−129 000	354 000	−94 000
Dividends	6 015 000	0	0	0
Net Income	6 288 000	10 552 000	5 146 000	6 616 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	77 000	73 000	85 000	76 000
Total Tangible Assets	77 000	73 000	85 000	76 000
Total Fiancial Fixed Assets	14 000	14 000	14 000	14 000
Total Fixed Assets	92 000	87 000	99 000	90 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 908 000	4 517 000	5 942 000	8 069 000
Total Current Assets	10 304 000	18 208 000	10 125 000	13 890 000
Total Assets	10 396 000	18 295 000	10 225 000	13 979 000
Total Equity	30 000	30 000	30 000	30 000
Short-Term Group Debt	366 000	13 528 000	7 375 000	0
Total Long-Term Debt	0	0	2 000	2 000
Creditors	111 000	742 000	464 000	2 189 000
Unpaid Taxes	930 000	920 000	344 000	584 000
Dividends	6 015 000	0	0	0
Other Current Debt	1 115 000	2 943 000	1 939 000	11 076 000
Total Current Debt	10 366 000	18 265 000	10 192 000	13 947 000
Total Equity and Debt	10 396 000	18 295 000	10 225 000	13 979 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20 960 %	35 173,33 %	17 153,33 %	22 053,33 %
Debt-to-Equity Ratio	0	0	0,07	0,07
Operating Profit Margin	33,97 %	39,62 %	31,95 %	34,1 %
Current Ratio	0,99	1	0,99	1
Quick Ratio	0,99	1	0,99	1
Equity Ratio	0	0	0	0
Gross Profit Margin	71,63 %	64,46 %	57,83 %	50,56 %