MINDE SERVICEBAKERI AS

5063 BERGEN

Finances

Share Ownership

Return on Equity

53,59 %

Current Ratio

0,77

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 716 000	6 805 000	5 750 000	5 499 000
Net Income	112 000	126 000	231 000	181 000
Total Assets	1 155 000	1 363 000	1 975 000	1 665 000
Total Equity	209 000	226 000	100 000	289 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 716 000	6 805 000	5 750 000	5 499 000
Expenditure	7 571 000	6 645 000	5 449 000	5 257 000
Operating Profit	145 000	161 000	302 000	242 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	1 000	0	6 000	8 000
Financial Balance	−1 000	1 000	−5 000	−7 000
Earnings Before Tax	144 000	161 000	296 000	235 000
Tax	32 000	36 000	65 000	54 000
Net Income	112 000	126 000	231 000	181 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	443 000	540 000	639 000	1 254 000
Total Current Assets	712 000	823 000	1 336 000	411 000
Total Assets	1 155 000	1 363 000	1 975 000	1 665 000
Total Retained Equity	115 000	131 000	6 000	194 000
Total Equity	209 000	226 000	100 000	289 000
Total Long-Term Debt	22 000	27 000	28 000	111 000
Total Current Debt	924 000	1 111 000	1 847 000	1 265 000
Total Equity and Debt	1 155 000	1 363 000	1 975 000	1 665 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 716 000	6 804 000	5 743 000	5 499 000
Other Income	0	2 000	8 000	0
Revenue	7 716 000	6 805 000	5 750 000	5 499 000
Cost of Goods Sold	2 317 000	1 997 000	1 704 000	1 618 000
Salary Costs	2 719 000	2 386 000	2 180 000	2 061 000
Depreciation	94 000	94 000	109 000	119 000
Impairment	0	0	0	0
Expenditure	7 571 000	6 645 000	5 449 000	5 257 000
Operating Profit	145 000	161 000	302 000	242 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	1 000	0	6 000	8 000
Financial Balance	−1 000	1 000	−5 000	−7 000
Dividends	0	0	0	0
Net Income	112 000	126 000	231 000	181 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	156 000	192 000	227 000	263 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	273 000	332 000	391 000	536 000
Total Tangible Assets	429 000	524 000	618 000	799 000
Total Fiancial Fixed Assets	14 000	17 000	21 000	455 000
Total Fixed Assets	443 000	540 000	639 000	1 254 000
Stock	123 000	87 000	68 000	54 000
Total Investments	0	0	0	0
Cash, Bank	394 000	632 000	896 000	62 000
Total Current Assets	712 000	823 000	1 336 000	411 000
Total Assets	1 155 000	1 363 000	1 975 000	1 665 000
Total Equity	209 000	226 000	100 000	289 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 000	27 000	28 000	111 000
Creditors	388 000	196 000	215 000	145 000
Unpaid Taxes	173 000	181 000	163 000	153 000
Dividends	0	0	0	0
Other Current Debt	363 000	697 000	1 469 000	920 000
Total Current Debt	924 000	1 111 000	1 847 000	1 265 000
Total Equity and Debt	1 155 000	1 363 000	1 975 000	1 665 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,59 %	55,75 %	231 %	62,63 %
Debt-to-Equity Ratio	0,11	0,12	0,28	0,38
Operating Profit Margin	1,88 %	2,37 %	5,25 %	4,4 %
Current Ratio	0,77	0,74	0,72	0,32
Quick Ratio	0,89	0,8	0,75	0,34
Equity Ratio	0,18	0,17	0,05	0,17
Gross Profit Margin	69,97 %	70,65 %	70,37 %	70,58 %