MYKLEBUST MEKANISKE AS

6723 SVELGEN

Finances

Share Ownership

Return on Equity

21,28 %

Current Ratio

2,41

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 513 000	4 098 000	5 112 000	5 493 000
Net Income	536 000	140 000	407 000	661 000
Total Assets	3 845 000	3 331 000	4 247 000	4 343 000
Total Equity	2 519 000	2 283 000	2 523 000	2 866 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 513 000	4 098 000	5 112 000	5 493 000
Expenditure	3 801 000	3 892 000	4 559 000	4 606 000
Operating Profit	711 000	206 000	552 000	887 000
Financial Income	3 000	4 000	4 000	1 000
Financial Costs	27 000	28 000	32 000	39 000
Financial Balance	−24 000	−24 000	−28 000	−38 000
Earnings Before Tax	687 000	181 000	524 000	849 000
Tax	151 000	41 000	117 000	188 000
Net Income	536 000	140 000	407 000	661 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 842 000	1 700 000	1 581 000	1 351 000
Total Current Assets	2 003 000	1 630 000	2 666 000	2 992 000
Total Assets	3 845 000	3 331 000	4 247 000	4 343 000
Total Retained Equity	2 489 000	2 253 000	2 493 000	2 836 000
Total Equity	2 519 000	2 283 000	2 523 000	2 866 000
Total Long-Term Debt	496 000	590 000	649 000	765 000
Total Current Debt	830 000	457 000	1 075 000	713 000
Total Equity and Debt	3 845 000	3 331 000	4 247 000	4 343 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 490 000	3 720 000	5 112 000	5 493 000
Other Income	23 000	378 000	0	0
Revenue	4 513 000	4 098 000	5 112 000	5 493 000
Cost of Goods Sold	211 000	178 000	190 000	269 000
Salary Costs	1 337 000	1 495 000	1 676 000	1 751 000
Depreciation	425 000	326 000	370 000	416 000
Impairment	0	0	0	0
Expenditure	3 801 000	3 892 000	4 559 000	4 606 000
Operating Profit	711 000	206 000	552 000	887 000
Financial Income	3 000	4 000	4 000	1 000
Financial Costs	27 000	28 000	32 000	39 000
Financial Balance	−24 000	−24 000	−28 000	−38 000
Dividends	0	0	400 000	0
Net Income	536 000	140 000	407 000	661 000

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	880 000	820 000	625 000	531 000
Fixtures	962 000	881 000	956 000	820 000
Total Tangible Assets	1 842 000	1 700 000	1 581 000	1 351 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 842 000	1 700 000	1 581 000	1 351 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	537 000	426 000	700 000	676 000
Total Current Assets	2 003 000	1 630 000	2 666 000	2 992 000
Total Assets	3 845 000	3 331 000	4 247 000	4 343 000
Total Equity	2 519 000	2 283 000	2 523 000	2 866 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	496 000	590 000	649 000	765 000
Creditors	333 000	202 000	100 000	229 000
Unpaid Taxes	241 000	143 000	296 000	99 000
Dividends	0	0	400 000	0
Other Current Debt	110 000	112 000	147 000	149 000
Total Current Debt	830 000	457 000	1 075 000	713 000
Total Equity and Debt	3 845 000	3 331 000	4 247 000	4 343 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,28 %	6,13 %	16,13 %	23,06 %
Debt-to-Equity Ratio	0,2	0,26	0,26	0,27
Operating Profit Margin	15,75 %	5,03 %	10,8 %	16,15 %
Current Ratio	2,41	3,57	2,48	4,2
Quick Ratio	2,41	3,57	2,48	4,2
Equity Ratio	0,66	0,69	0,59	0,66
Gross Profit Margin	95,32 %	95,66 %	96,28 %	95,1 %