MINDS OF NATURE AS

9170 LONGYEARBYEN

Finances

Share Ownership

Return on Equity

44,23 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	830 000	217 000	43 000	50 000
Net Income	161 000	128 000	−31 000	−4 000
Total Assets	604 000	223 000	75 000	102 000
Total Equity	364 000	203 000	75 000	96 000

Income (NOK)	2021	2020	2019	2018
Revenue	830 000	217 000	43 000	50 000
Expenditure	627 000	68 000	75 000	54 000
Operating Profit	203 000	148 000	−31 000	−5 000
Financial Income	0	0	0	0
Financial Costs	13 000	0	0	0
Financial Balance	−13 000	0	0	0
Earnings Before Tax	190 000	148 000	−31 000	−5 000
Tax	30 000	20 000	0	−1 000
Net Income	161 000	128 000	−31 000	−4 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	238 000	82 000	35 000	49 000
Total Current Assets	366 000	141 000	40 000	53 000
Total Assets	604 000	223 000	75 000	102 000
Total Retained Equity	314 000	153 000	25 000	56 000
Total Equity	364 000	203 000	75 000	96 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	239 000	20 000	0	6 000
Total Equity and Debt	604 000	223 000	75 000	102 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	830 000	217 000	43 000	50 000
Other Income	0	0	0	0
Revenue	830 000	217 000	43 000	50 000
Cost of Goods Sold	474 000	13 000	40 000	27 000
Salary Costs	0	0	0	0
Depreciation	44 000	26 000	14 000	14 000
Impairment	0	0	0	0
Expenditure	627 000	68 000	75 000	54 000
Operating Profit	203 000	148 000	−31 000	−5 000
Financial Income	0	0	0	0
Financial Costs	13 000	0	0	0
Financial Balance	−13 000	0	0	0
Dividends	0	0	0	0
Net Income	161 000	128 000	−31 000	−4 000

Balance details (NOK)	2021	2020	2019	2018
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	238 000	82 000	35 000	49 000
Total Tangible Assets	238 000	82 000	35 000	49 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	238 000	82 000	35 000	49 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	366 000	124 000	40 000	53 000
Total Current Assets	366 000	141 000	40 000	53 000
Total Assets	604 000	223 000	75 000	102 000
Total Equity	364 000	203 000	75 000	96 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	9 000	0	0	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	201 000	0	0	5 000
Total Current Debt	239 000	20 000	0	6 000
Total Equity and Debt	604 000	223 000	75 000	102 000

Financial indicators	2021	2020	2019	2018
Return on Equity	44,23 %	63,05 %	−41,33 %	−4,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,46 %	68,2 %	−72,09 %	−10 %
Current Ratio	1,53	7,05	-	8,83
Quick Ratio	1,53	7,05	-	8,83
Equity Ratio	0,6	0,91	1	0,94
Gross Profit Margin	42,89 %	94,01 %	6,98 %	46 %