MINOR INDUSTRIPLAST AS

7080 HEIMDAL

Finances

Share Ownership

Return on Equity

49,17 %

Current Ratio

2,04

Debt-to-Equity Ratio

1,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 348 000	20 367 000	12 059 000	19 109 000
Net Income	1 627 000	1 841 000	−312 000	−459 000
Total Assets	12 377 000	9 289 000	7 539 000	8 432 000
Total Equity	3 309 000	2 281 000	440 000	753 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 348 000	20 367 000	12 059 000	19 109 000
Expenditure	22 133 000	17 883 000	12 359 000	19 573 000
Operating Profit	2 215 000	2 484 000	−299 000	−465 000
Financial Income	7 000	11 000	34 000	52 000
Financial Costs	136 000	135 000	135 000	175 000
Financial Balance	−129 000	−124 000	−101 000	−123 000
Earnings Before Tax	2 087 000	2 360 000	−400 000	−588 000
Tax	459 000	519 000	−88 000	−129 000
Net Income	1 627 000	1 841 000	−312 000	−459 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 135 000	1 018 000	1 195 000	1 058 000
Total Current Assets	11 241 000	8 271 000	6 345 000	7 374 000
Total Assets	12 377 000	9 289 000	7 539 000	8 432 000
Total Retained Equity	2 409 000	781 000	−1 060 000	−747 000
Total Equity	3 309 000	2 281 000	440 000	753 000
Total Long-Term Debt	3 566 000	3 902 000	4 131 000	3 886 000
Total Current Debt	5 502 000	3 106 000	2 968 000	3 794 000
Total Equity and Debt	12 377 000	9 289 000	7 539 000	8 432 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 343 000	20 333 000	11 831 000	19 092 000
Other Income	5 000	34 000	228 000	17 000
Revenue	24 348 000	20 367 000	12 059 000	19 109 000
Cost of Goods Sold	6 963 000	6 213 000	3 668 000	7 188 000
Salary Costs	9 681 000	7 965 000	5 532 000	8 297 000
Depreciation	252 000	272 000	263 000	308 000
Impairment	0	0	0	0
Expenditure	22 133 000	17 883 000	12 359 000	19 573 000
Operating Profit	2 215 000	2 484 000	−299 000	−465 000
Financial Income	7 000	11 000	34 000	52 000
Financial Costs	136 000	135 000	135 000	175 000
Financial Balance	−129 000	−124 000	−101 000	−123 000
Dividends	0	0	0	0
Net Income	1 627 000	1 841 000	−312 000	−459 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	176 000	39 000	445 000	357 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	452 000	201 000	106 000	202 000
Fixtures	496 000	675 000	498 000	359 000
Total Tangible Assets	948 000	876 000	604 000	561 000
Total Fiancial Fixed Assets	11 000	102 000	146 000	141 000
Total Fixed Assets	1 135 000	1 018 000	1 195 000	1 058 000
Stock	89 000	135 000	137 000	122 000
Total Investments	0	0	0	0
Cash, Bank	8 770 000	4 892 000	2 750 000	2 563 000
Total Current Assets	11 241 000	8 271 000	6 345 000	7 374 000
Total Assets	12 377 000	9 289 000	7 539 000	8 432 000
Total Equity	3 309 000	2 281 000	440 000	753 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 566 000	3 902 000	4 131 000	3 886 000
Creditors	947 000	542 000	1 290 000	1 616 000
Unpaid Taxes	1 342 000	1 220 000	641 000	667 000
Dividends	0	0	0	0
Other Current Debt	2 617 000	1 230 000	1 037 000	1 510 000
Total Current Debt	5 502 000	3 106 000	2 968 000	3 794 000
Total Equity and Debt	12 377 000	9 289 000	7 539 000	8 432 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,17 %	80,71 %	−70,91 %	−60,96 %
Debt-to-Equity Ratio	1,08	1,71	9,39	5,16
Operating Profit Margin	9,1 %	12,2 %	−2,48 %	−2,43 %
Current Ratio	2,04	2,66	2,14	1,94
Quick Ratio	2,08	2,78	2,24	2,01
Equity Ratio	0,27	0,25	0,06	0,09
Gross Profit Margin	71,4 %	69,49 %	69,58 %	62,38 %