MIKKEL HANDEL AS

3800 BØ I TELEMARK

Finances

Share Ownership

Return on Equity

−55,78 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 726 000	42 508 000	41 075 000	36 549 000
Net Income	−362 000	286 000	546 000	160 000
Total Assets	6 014 000	4 590 000	4 717 000	4 054 000
Total Equity	649 000	1 011 000	925 000	729 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 726 000	42 508 000	41 075 000	36 549 000
Expenditure	37 102 000	42 146 000	40 376 000	36 327 000
Operating Profit	−376 000	362 000	698 000	222 000
Financial Income	16 000	4 000	4 000	2 000
Financial Costs	2 000	0	3 000	16 000
Financial Balance	14 000	4 000	1 000	−14 000
Earnings Before Tax	−362 000	366 000	700 000	208 000
Tax	0	81 000	154 000	48 000
Net Income	−362 000	286 000	546 000	160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	6 014 000	4 590 000	4 717 000	4 054 000
Total Assets	6 014 000	4 590 000	4 717 000	4 054 000
Total Retained Equity	549 000	911 000	825 000	629 000
Total Equity	649 000	1 011 000	925 000	729 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 365 000	3 579 000	3 792 000	3 325 000
Total Equity and Debt	6 014 000	4 590 000	4 717 000	4 054 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 726 000	42 508 000	41 075 000	36 549 000
Other Income	0	0	0	0
Revenue	36 726 000	42 508 000	41 075 000	36 549 000
Cost of Goods Sold	29 283 000	34 203 000	33 072 000	29 674 000
Salary Costs	4 259 000	4 441 000	4 164 000	3 787 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	37 102 000	42 146 000	40 376 000	36 327 000
Operating Profit	−376 000	362 000	698 000	222 000
Financial Income	16 000	4 000	4 000	2 000
Financial Costs	2 000	0	3 000	16 000
Financial Balance	14 000	4 000	1 000	−14 000
Dividends	0	200 000	350 000	150 000
Net Income	−362 000	286 000	546 000	160 000

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	3 915 000	2 663 000	2 636 000	2 791 000
Total Investments	0	0	0	0
Cash, Bank	1 018 000	1 639 000	1 730 000	1 023 000
Total Current Assets	6 014 000	4 590 000	4 717 000	4 054 000
Total Assets	6 014 000	4 590 000	4 717 000	4 054 000
Total Equity	649 000	1 011 000	925 000	729 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 874 000	1 945 000	1 842 000	1 883 000
Unpaid Taxes	300 000	553 000	589 000	546 000
Dividends	0	200 000	350 000	150 000
Other Current Debt	1 191 000	1 001 000	856 000	697 000
Total Current Debt	5 365 000	3 579 000	3 792 000	3 325 000
Total Equity and Debt	6 014 000	4 590 000	4 717 000	4 054 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−55,78 %	28,29 %	59,03 %	21,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,02 %	0,85 %	1,7 %	0,61 %
Current Ratio	1,12	1,28	1,24	1,22
Quick Ratio	4,15	5,01	4,08	7,59
Equity Ratio	0,11	0,22	0,2	0,18
Gross Profit Margin	20,27 %	19,54 %	19,48 %	18,81 %