MINDSET AS

2320 FURNES

Finances

Share Ownership

Return on Equity

147,69 %

Current Ratio

0,87

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 965 000	4 509 000	2 051 000	81 000
Net Income	−96 000	97 000	126 000	10 000
Total Assets	450 000	1 045 000	772 000	5 000
Total Equity	−65 000	31 000	31 000	−60 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 965 000	4 509 000	2 051 000	81 000
Expenditure	4 060 000	4 369 000	1 921 000	72 000
Operating Profit	−95 000	140 000	130 000	9 000
Financial Income	11 000	1 000	0	0
Financial Costs	12 000	20 000	0	0
Financial Balance	−1 000	−19 000	0	0
Earnings Before Tax	−96 000	120 000	130 000	10 000
Tax	0	24 000	5 000	0
Net Income	−96 000	97 000	126 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	30 000	8 000	0
Total Current Assets	450 000	1 015 000	764 000	5 000
Total Assets	450 000	1 045 000	772 000	5 000
Total Retained Equity	−90 000	6 000	7 000	−84 000
Total Equity	−65 000	31 000	31 000	−60 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	515 000	1 014 000	741 000	64 000
Total Equity and Debt	450 000	1 045 000	772 000	5 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 965 000	4 509 000	2 046 000	81 000
Other Income	0	0	6 000	0
Revenue	3 965 000	4 509 000	2 051 000	81 000
Cost of Goods Sold	2 905 000	3 074 000	1 420 000	0
Salary Costs	490 000	770 000	241 000	22 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 060 000	4 369 000	1 921 000	72 000
Operating Profit	−95 000	140 000	130 000	9 000
Financial Income	11 000	1 000	0	0
Financial Costs	12 000	20 000	0	0
Financial Balance	−1 000	−19 000	0	0
Dividends	0	97 000	35 000	0
Net Income	−96 000	97 000	126 000	10 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	30 000	8 000	0
Total Fixed Assets	0	30 000	8 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	59 000	179 000	112 000	5 000
Total Current Assets	450 000	1 015 000	764 000	5 000
Total Assets	450 000	1 045 000	772 000	5 000
Total Equity	−65 000	31 000	31 000	−60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	224 000	459 000	512 000	0
Unpaid Taxes	43 000	90 000	41 000	14 000
Dividends	0	97 000	35 000	0
Other Current Debt	248 000	345 000	148 000	50 000
Total Current Debt	515 000	1 014 000	741 000	64 000
Total Equity and Debt	450 000	1 045 000	772 000	5 000

Financial indicators	2022	2021	2020	2019
Return on Equity	147,69 %	312,9 %	406,45 %	−16,67 %
Debt-to-Equity Ratio	−0	0	0	−0
Operating Profit Margin	−2,4 %	3,1 %	6,34 %	11,11 %
Current Ratio	0,87	1	1,03	0,08
Quick Ratio	0,87	1	1,03	0,08
Equity Ratio	−0,14	0,03	0,04	−12
Gross Profit Margin	26,73 %	31,83 %	30,77 %	100 %