MICRODRILL AS

3950 BREVIK

Finances

Share Ownership

Return on Equity

46,1 %

Current Ratio

0,02

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 332 000	2 526 000	732 000	540 000
Net Income	621 000	1 095 000	−258 000	14 000
Total Assets	2 124 000	3 679 000	4 265 000	3 171 000
Total Equity	1 347 000	726 000	−369 000	−111 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 332 000	2 526 000	732 000	540 000
Expenditure	1 530 000	1 312 000	982 000	521 000
Operating Profit	803 000	1 215 000	−251 000	19 000
Financial Income	0	24 000	0	0
Financial Costs	7 000	13 000	7 000	5 000
Financial Balance	−7 000	11 000	−7 000	−5 000
Earnings Before Tax	796 000	1 225 000	−258 000	14 000
Tax	175 000	130 000	0	0
Net Income	621 000	1 095 000	−258 000	14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 114 000	3 607 000	4 257 000	1 199 000
Total Current Assets	10 000	71 000	7 000	1 972 000
Total Assets	2 124 000	3 679 000	4 265 000	3 171 000
Total Retained Equity	1 317 000	696 000	−399 000	−141 000
Total Equity	1 347 000	726 000	−369 000	−111 000
Total Long-Term Debt	287 000	2 257 000	4 511 000	0
Total Current Debt	490 000	696 000	122 000	3 283 000
Total Equity and Debt	2 124 000	3 679 000	4 265 000	3 171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 264 000	471 000	552 000	432 000
Other Income	1 068 000	2 055 000	180 000	108 000
Revenue	2 332 000	2 526 000	732 000	540 000
Cost of Goods Sold	444 000	4 000	86 000	0
Salary Costs	0	0	0	0
Depreciation	276 000	477 000	556 000	402 000
Impairment	0	0	0	0
Expenditure	1 530 000	1 312 000	982 000	521 000
Operating Profit	803 000	1 215 000	−251 000	19 000
Financial Income	0	24 000	0	0
Financial Costs	7 000	13 000	7 000	5 000
Financial Balance	−7 000	11 000	−7 000	−5 000
Dividends	0	0	0	0
Net Income	621 000	1 095 000	−258 000	14 000

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	389 000	808 000	1 497 000	832 000
Fixtures	250 000	381 000	781 000	367 000
Total Tangible Assets	638 000	1 189 000	2 278 000	1 199 000
Total Fiancial Fixed Assets	1 476 000	2 419 000	1 979 000	0
Total Fixed Assets	2 114 000	3 607 000	4 257 000	1 199 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	64 000	1 000	0
Total Current Assets	10 000	71 000	7 000	1 972 000
Total Assets	2 124 000	3 679 000	4 265 000	3 171 000
Total Equity	1 347 000	726 000	−369 000	−111 000
Short-Term Group Debt	0	0	0	643 000
Total Long-Term Debt	287 000	2 257 000	4 511 000	0
Creditors	24 000	165 000	134 000	418 000
Unpaid Taxes	106 000	81 000	−12 000	93 000
Dividends	0	0	0	0
Other Current Debt	360 000	450 000	0	2 129 000
Total Current Debt	490 000	696 000	122 000	3 283 000
Total Equity and Debt	2 124 000	3 679 000	4 265 000	3 171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,1 %	150,83 %	69,92 %	−12,61 %
Debt-to-Equity Ratio	0,21	3,11	−12,22	−0
Operating Profit Margin	34,43 %	48,1 %	−34,29 %	3,52 %
Current Ratio	0,02	0,1	0,06	0,6
Quick Ratio	0,02	0,1	0,06	0,6
Equity Ratio	0,63	0,2	−0,09	−0,04
Gross Profit Margin	80,96 %	99,84 %	88,25 %	100 %