MIKKELI UTVIKLING AS

7710 SPARBU

Finances

Return on Equity

116,57 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Net Income	830 000	−10 000	−14 000	−13 000
Total Assets	1 500 000	664 000	675 000	675 000
Total Equity	712 000	649 000	659 000	673 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	0	0	0
Expenditure	6 000	10 000	14 000	17 000
Operating Profit	−6 000	−10 000	−14 000	−17 000
Financial Income	836 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	836 000	0	0	0
Earnings Before Tax	830 000	−10 000	−14 000	−17 000
Tax	0	0	0	−4 000
Net Income	830 000	−10 000	−14 000	−13 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	665 000	665 000	665 000	650 000
Total Current Assets	836 000	0	10 000	26 000
Total Assets	1 500 000	664 000	675 000	675 000
Total Retained Equity	682 000	619 000	629 000	643 000
Total Equity	712 000	649 000	659 000	673 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	788 000	16 000	15 000	2 000
Total Equity and Debt	1 500 000	664 000	675 000	675 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 000	10 000	14 000	17 000
Operating Profit	−6 000	−10 000	−14 000	−17 000
Financial Income	836 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	836 000	0	0	0
Dividends	766 000	0	0	0
Net Income	830 000	−10 000	−14 000	−13 000

Balance details (NOK)	2021	2020	2019	2018
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	665 000	665 000	665 000	650 000
Total Fixed Assets	665 000	665 000	665 000	650 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	10 000	10 000
Total Current Assets	836 000	0	10 000	26 000
Total Assets	1 500 000	664 000	675 000	675 000
Total Equity	712 000	649 000	659 000	673 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	13 000	0
Unpaid Taxes	0	0	0	0
Dividends	766 000	0	0	0
Other Current Debt	22 000	16 000	2 000	0
Total Current Debt	788 000	16 000	15 000	2 000
Total Equity and Debt	1 500 000	664 000	675 000	675 000

Financial indicators	2021	2020	2019	2018
Return on Equity	116,57 %	−1,54 %	−2,12 %	−1,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,06	0	0,67	13
Quick Ratio	1,06	0	0,67	13
Equity Ratio	0,47	0,98	0,98	1
Gross Profit Margin	-	-	-	-