MIKKELI AS

9510 ALTA

Finances

Share Ownership

Return on Equity

33,11 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 833 000	2 523 000	2 445 000	3 852 000
Net Income	556 000	−31 000	−301 000	350 000
Total Assets	3 035 000	1 313 000	997 000	1 541 000
Total Equity	1 679 000	1 123 000	888 000	1 229 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 833 000	2 523 000	2 445 000	3 852 000
Expenditure	6 111 000	2 557 000	2 829 000	3 394 000
Operating Profit	722 000	−34 000	−384 000	458 000
Financial Income	0	0	0	0
Financial Costs	10 000	6 000	3 000	10 000
Financial Balance	−10 000	−6 000	−3 000	−10 000
Earnings Before Tax	712 000	−39 000	−386 000	449 000
Tax	157 000	−9 000	−85 000	99 000
Net Income	556 000	−31 000	−301 000	350 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 518 000	185 000	204 000	194 000
Total Current Assets	1 517 000	1 129 000	793 000	1 348 000
Total Assets	3 035 000	1 313 000	997 000	1 541 000
Total Retained Equity	1 059 000	503 000	454 000	859 000
Total Equity	1 679 000	1 123 000	888 000	1 229 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 357 000	190 000	109 000	312 000
Total Equity and Debt	3 035 000	1 313 000	997 000	1 541 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 717 000	2 271 000	2 081 000	3 852 000
Other Income	116 000	252 000	364 000	0
Revenue	6 833 000	2 523 000	2 445 000	3 852 000
Cost of Goods Sold	2 017 000	733 000	763 000	1 252 000
Salary Costs	2 411 000	704 000	789 000	915 000
Depreciation	63 000	29 000	42 000	59 000
Impairment	0	0	0	0
Expenditure	6 111 000	2 557 000	2 829 000	3 394 000
Operating Profit	722 000	−34 000	−384 000	458 000
Financial Income	0	0	0	0
Financial Costs	10 000	6 000	3 000	10 000
Financial Balance	−10 000	−6 000	−3 000	−10 000
Dividends	0	0	0	0
Net Income	556 000	−31 000	−301 000	350 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	45 000	37 000	42 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	170 000	0	0	0
Fixtures	819 000	19 000	48 000	31 000
Total Tangible Assets	989 000	19 000	48 000	31 000
Total Fiancial Fixed Assets	520 000	120 000	120 000	120 000
Total Fixed Assets	1 518 000	185 000	204 000	194 000
Stock	197 000	245 000	213 000	284 000
Total Investments	0	0	0	0
Cash, Bank	1 281 000	809 000	270 000	992 000
Total Current Assets	1 517 000	1 129 000	793 000	1 348 000
Total Assets	3 035 000	1 313 000	997 000	1 541 000
Total Equity	1 679 000	1 123 000	888 000	1 229 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	467 000	131 000	43 000	0
Unpaid Taxes	346 000	5 000	0	145 000
Dividends	0	0	0	0
Other Current Debt	422 000	54 000	66 000	68 000
Total Current Debt	1 357 000	190 000	109 000	312 000
Total Equity and Debt	3 035 000	1 313 000	997 000	1 541 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,11 %	−2,76 %	−33,9 %	28,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,57 %	−1,35 %	−15,71 %	11,89 %
Current Ratio	1,12	5,94	7,28	4,32
Quick Ratio	1,31	−20,53	−7,63	48,14
Equity Ratio	0,55	0,86	0,89	0,8
Gross Profit Margin	70,48 %	70,95 %	68,79 %	67,5 %