MITT BAD AS

1711 SARPSBORG

Finances

Share Ownership

Return on Equity

39,46 %

Current Ratio

1,43

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 530 000	18 294 000	18 856 000	16 383 000
Net Income	760 000	−46 000	727 000	116 000
Total Assets	5 082 000	4 387 000	3 800 000	2 652 000
Total Equity	1 926 000	1 478 000	1 523 000	1 297 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 530 000	18 294 000	18 856 000	16 383 000
Expenditure	20 534 000	18 329 000	17 931 000	16 239 000
Operating Profit	996 000	−35 000	925 000	145 000
Financial Income	29 000	43 000	0	21 000
Financial Costs	33 000	30 000	2 000	2 000
Financial Balance	−4 000	13 000	−2 000	19 000
Earnings Before Tax	991 000	−23 000	923 000	164 000
Tax	232 000	23 000	197 000	48 000
Net Income	760 000	−46 000	727 000	116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 404 000	1 835 000	1 311 000	770 000
Total Current Assets	3 678 000	2 552 000	2 488 000	1 882 000
Total Assets	5 082 000	4 387 000	3 800 000	2 652 000
Total Retained Equity	1 896 000	1 448 000	1 493 000	1 267 000
Total Equity	1 926 000	1 478 000	1 523 000	1 297 000
Total Long-Term Debt	585 000	700 000	0	0
Total Current Debt	2 571 000	2 210 000	2 276 000	1 355 000
Total Equity and Debt	5 082 000	4 387 000	3 800 000	2 652 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 374 000	18 150 000	18 687 000	16 383 000
Other Income	156 000	144 000	170 000	0
Revenue	21 530 000	18 294 000	18 856 000	16 383 000
Cost of Goods Sold	10 206 000	9 081 000	9 790 000	8 908 000
Salary Costs	7 370 000	6 777 000	5 911 000	5 416 000
Depreciation	262 000	349 000	283 000	190 000
Impairment	0	0	0	0
Expenditure	20 534 000	18 329 000	17 931 000	16 239 000
Operating Profit	996 000	−35 000	925 000	145 000
Financial Income	29 000	43 000	0	21 000
Financial Costs	33 000	30 000	2 000	2 000
Financial Balance	−4 000	13 000	−2 000	19 000
Dividends	0	0	0	0
Net Income	760 000	−46 000	727 000	116 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	55 000	110 000
Total Intangible Assets	0	0	55 000	110 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	651 000	821 000	944 000	347 000
Total Tangible Assets	651 000	821 000	944 000	347 000
Total Fiancial Fixed Assets	752 000	1 014 000	313 000	313 000
Total Fixed Assets	1 404 000	1 835 000	1 311 000	770 000
Stock	313 000	292 000	30 000	51 000
Total Investments	0	0	0	0
Cash, Bank	2 258 000	517 000	1 975 000	1 549 000
Total Current Assets	3 678 000	2 552 000	2 488 000	1 882 000
Total Assets	5 082 000	4 387 000	3 800 000	2 652 000
Total Equity	1 926 000	1 478 000	1 523 000	1 297 000
Short-Term Group Debt	400 000	0	500 000	0
Total Long-Term Debt	585 000	700 000	0	0
Creditors	485 000	672 000	303 000	364 000
Unpaid Taxes	850 000	893 000	762 000	567 000
Dividends	0	0	0	0
Other Current Debt	693 000	621 000	515 000	376 000
Total Current Debt	2 571 000	2 210 000	2 276 000	1 355 000
Total Equity and Debt	5 082 000	4 387 000	3 800 000	2 652 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,46 %	−3,11 %	47,73 %	8,94 %
Debt-to-Equity Ratio	0,3	0,47	0	0
Operating Profit Margin	4,63 %	−0,19 %	4,91 %	0,89 %
Current Ratio	1,43	1,15	1,09	1,39
Quick Ratio	1,63	1,33	1,11	1,44
Equity Ratio	0,38	0,34	0,4	0,49
Gross Profit Margin	52,6 %	50,36 %	48,08 %	45,63 %