MINDOR FORMWORK AS

6815 FØRDE

Finances

Share Ownership

Return on Equity

44,83 %

Current Ratio

0,56

Debt-to-Equity Ratio

−0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	136 000	30 000	0	258 000
Net Income	−78 000	−104 000	−134 000	−250 000
Total Assets	207 000	207 000	145 000	280 000
Total Equity	−174 000	−96 000	7 000	142 000

Income (NOK)	2022	2021	2020	2019
Revenue	136 000	30 000	0	258 000
Expenditure	212 000	133 000	134 000	479 000
Operating Profit	−76 000	−103 000	−134 000	−221 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	29 000
Financial Balance	−1 000	−1 000	0	−29 000
Earnings Before Tax	−78 000	−104 000	−134 000	−250 000
Tax	0	0	0	0
Net Income	−78 000	−104 000	−134 000	−250 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	50 000	100 000
Total Current Assets	207 000	207 000	95 000	180 000
Total Assets	207 000	207 000	145 000	280 000
Total Retained Equity	−1 024 000	−946 000	−843 000	−708 000
Total Equity	−174 000	−96 000	7 000	142 000
Total Long-Term Debt	11 000	11 000	11 000	0
Total Current Debt	370 000	293 000	126 000	138 000
Total Equity and Debt	207 000	207 000	145 000	280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	136 000	30 000	0	258 000
Other Income	0	0	0	0
Revenue	136 000	30 000	0	258 000
Cost of Goods Sold	78 000	−5 000	0	163 000
Salary Costs	0	0	0	74 000
Depreciation	0	50 000	50 000	50 000
Impairment	0	0	0	0
Expenditure	212 000	133 000	134 000	479 000
Operating Profit	−76 000	−103 000	−134 000	−221 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	29 000
Financial Balance	−1 000	−1 000	0	−29 000
Dividends	0	0	0	0
Net Income	−78 000	−104 000	−134 000	−250 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	50 000	100 000
Total Intangible Assets	0	0	50 000	100 000
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	50 000	100 000
Stock	80 000	80 000	80 000	80 000
Total Investments	0	0	0	0
Cash, Bank	10 000	90 000	12 000	76 000
Total Current Assets	207 000	207 000	95 000	180 000
Total Assets	207 000	207 000	145 000	280 000
Total Equity	−174 000	−96 000	7 000	142 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	11 000	11 000	0
Creditors	71 000	39 000	26 000	35 000
Unpaid Taxes	−1 000	3 000	0	3 000
Dividends	0	0	0	0
Other Current Debt	300 000	250 000	100 000	101 000
Total Current Debt	370 000	293 000	126 000	138 000
Total Equity and Debt	207 000	207 000	145 000	280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,83 %	108,33 %	−1 914,29 %	−176,06 %
Debt-to-Equity Ratio	−0,06	−0,11	1,57	0
Operating Profit Margin	−55,88 %	−343,33 %	-	−85,66 %
Current Ratio	0,56	0,71	0,75	1,3
Quick Ratio	0,71	0,97	2,07	3,1
Equity Ratio	−0,84	−0,46	0,05	0,51
Gross Profit Margin	42,65 %	116,67 %	-	36,82 %