MICHAELSEN BIOMETRIKA AS

6057 ELLINGSØY

Finances

Share Ownership

Return on Equity

−353,75 %

Current Ratio

1,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	325 000	439 000	268 000	750 000
Net Income	−283 000	135 000	−210 000	130 000
Total Assets	176 000	440 000	327 000	590 000
Total Equity	80 000	363 000	228 000	438 000

Income (NOK)	2022	2021	2020	2019
Revenue	325 000	439 000	268 000	750 000
Expenditure	606 000	266 000	536 000	572 000
Operating Profit	−282 000	172 000	−269 000	178 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−282 000	172 000	−269 000	178 000
Tax	1 000	38 000	−59 000	48 000
Net Income	−283 000	135 000	−210 000	130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	87 000	132 000	120 000
Total Current Assets	135 000	353 000	195 000	470 000
Total Assets	176 000	440 000	327 000	590 000
Total Retained Equity	50 000	333 000	198 000	408 000
Total Equity	80 000	363 000	228 000	438 000
Total Long-Term Debt	0	0	0	3 000
Total Current Debt	96 000	77 000	99 000	148 000
Total Equity and Debt	176 000	440 000	327 000	590 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	205 000	120 000	268 000	750 000
Other Income	120 000	318 000	0	0
Revenue	325 000	439 000	268 000	750 000
Cost of Goods Sold	0	0	0	0
Salary Costs	500 000	177 000	457 000	393 000
Depreciation	44 000	44 000	38 000	28 000
Impairment	0	0	0	0
Expenditure	606 000	266 000	536 000	572 000
Operating Profit	−282 000	172 000	−269 000	178 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−283 000	135 000	−210 000	130 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	1 000	2 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	86 000	130 000	120 000
Total Tangible Assets	42 000	86 000	130 000	120 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	42 000	87 000	132 000	120 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	135 000	345 000	141 000	351 000
Total Current Assets	135 000	353 000	195 000	470 000
Total Assets	176 000	440 000	327 000	590 000
Total Equity	80 000	363 000	228 000	438 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	3 000
Creditors	3 000	4 000	27 000	0
Unpaid Taxes	29 000	42 000	12 000	48 000
Dividends	0	0	0	0
Other Current Debt	64 000	34 000	60 000	52 000
Total Current Debt	96 000	77 000	99 000	148 000
Total Equity and Debt	176 000	440 000	327 000	590 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−353,75 %	37,19 %	−92,11 %	29,68 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−86,77 %	39,18 %	−100,37 %	23,73 %
Current Ratio	1,41	4,58	1,97	3,18
Quick Ratio	1,41	4,58	1,97	3,18
Equity Ratio	0,45	0,83	0,7	0,74
Gross Profit Margin	100 %	100 %	100 %	100 %