MINITEK AS

9403 HARSTAD

Finances

Share Ownership

Return on Equity

0,2 %

Current Ratio

42,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	313 000	765 000	679 000	441 000
Net Income	2 000	235 000	−50 000	−4 000
Total Assets	1 030 000	1 189 000	859 000	884 000
Total Equity	1 011 000	1 009 000	774 000	824 000

Income (NOK)	2022	2021	2020	2019
Revenue	313 000	765 000	679 000	441 000
Expenditure	312 000	456 000	715 000	445 000
Operating Profit	2 000	309 000	−36 000	−4 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	0
Financial Balance	0	−1 000	−1 000	0
Earnings Before Tax	2 000	309 000	−37 000	−4 000
Tax	0	74 000	12 000	0
Net Income	2 000	235 000	−50 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	230 000	117 000	106 000	263 000
Total Current Assets	800 000	1 072 000	754 000	621 000
Total Assets	1 030 000	1 189 000	859 000	884 000
Total Retained Equity	981 000	979 000	744 000	794 000
Total Equity	1 011 000	1 009 000	774 000	824 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	19 000	181 000	85 000	60 000
Total Equity and Debt	1 030 000	1 189 000	859 000	884 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	313 000	494 000	337 000	441 000
Other Income	0	271 000	342 000	0
Revenue	313 000	765 000	679 000	441 000
Cost of Goods Sold	17 000	174 000	157 000	185 000
Salary Costs	116 000	0	175 000	0
Depreciation	31 000	89 000	157 000	157 000
Impairment	0	0	0	0
Expenditure	312 000	456 000	715 000	445 000
Operating Profit	2 000	309 000	−36 000	−4 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	1 000	0
Financial Balance	0	−1 000	−1 000	0
Dividends	0	0	0	0
Net Income	2 000	235 000	−50 000	−4 000

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	222 000	109 000	98 000	255 000
Total Tangible Assets	222 000	109 000	98 000	255 000
Total Fiancial Fixed Assets	8 000	8 000	8 000	8 000
Total Fixed Assets	230 000	117 000	106 000	263 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	766 000	934 000	672 000	618 000
Total Current Assets	800 000	1 072 000	754 000	621 000
Total Assets	1 030 000	1 189 000	859 000	884 000
Total Equity	1 011 000	1 009 000	774 000	824 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−5 000	6 000	32 000	35 000
Unpaid Taxes	1 000	49 000	16 000	33 000
Dividends	0	0	0	0
Other Current Debt	23 000	52 000	24 000	−8 000
Total Current Debt	19 000	181 000	85 000	60 000
Total Equity and Debt	1 030 000	1 189 000	859 000	884 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,2 %	23,29 %	−6,46 %	−0,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,64 %	40,39 %	−5,3 %	−0,91 %
Current Ratio	42,11	5,92	8,87	10,35
Quick Ratio	42,11	5,92	8,87	10,35
Equity Ratio	0,98	0,85	0,9	0,93
Gross Profit Margin	94,57 %	77,25 %	76,88 %	58,05 %