MINDME AS

4019 STAVANGER

Finances

Share Ownership

Return on Equity

49,64 %

Current Ratio

6,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	889 000	1 141 000	937 000	793 000
Net Income	272 000	368 000	374 000	230 000
Total Assets	648 000	873 000	1 077 000	659 000
Total Equity	548 000	677 000	709 000	535 000

Income (NOK)	2022	2021	2020	2019
Revenue	889 000	1 141 000	937 000	793 000
Expenditure	541 000	655 000	458 000	498 000
Operating Profit	348 000	486 000	479 000	296 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	16 000	0	2 000
Financial Balance	1 000	−15 000	1 000	−1 000
Earnings Before Tax	348 000	471 000	479 000	295 000
Tax	77 000	104 000	106 000	65 000
Net Income	272 000	368 000	374 000	230 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	0	0	0
Total Current Assets	636 000	873 000	1 077 000	659 000
Total Assets	648 000	873 000	1 077 000	659 000
Total Retained Equity	518 000	647 000	679 000	505 000
Total Equity	548 000	677 000	709 000	535 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	100 000	196 000	368 000	124 000
Total Equity and Debt	648 000	873 000	1 077 000	659 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	889 000	1 141 000	937 000	793 000
Other Income	0	0	0	0
Revenue	889 000	1 141 000	937 000	793 000
Cost of Goods Sold	166 000	276 000	189 000	191 000
Salary Costs	6 000	0	0	5 000
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	541 000	655 000	458 000	498 000
Operating Profit	348 000	486 000	479 000	296 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	0	16 000	0	2 000
Financial Balance	1 000	−15 000	1 000	−1 000
Dividends	0	0	0	0
Net Income	272 000	368 000	374 000	230 000

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	12 000	0	0	0
Total Tangible Assets	12 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	0	0	0
Stock	345 000	453 000	100 000	232 000
Total Investments	0	0	0	0
Cash, Bank	261 000	298 000	750 000	406 000
Total Current Assets	636 000	873 000	1 077 000	659 000
Total Assets	648 000	873 000	1 077 000	659 000
Total Equity	548 000	677 000	709 000	535 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	11 000	6 000	9 000
Unpaid Taxes	9 000	72 000	45 000	40 000
Dividends	0	0	0	0
Other Current Debt	9 000	9 000	210 000	10 000
Total Current Debt	100 000	196 000	368 000	124 000
Total Equity and Debt	648 000	873 000	1 077 000	659 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,64 %	54,36 %	52,75 %	42,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	39,15 %	42,59 %	51,12 %	37,33 %
Current Ratio	6,36	4,45	2,93	5,31
Quick Ratio	−2,6	−3,4	4,02	−6,1
Equity Ratio	0,85	0,78	0,66	0,81
Gross Profit Margin	81,33 %	75,81 %	79,83 %	75,91 %