MILAREX AS

0152 OSLO

Finances

Share Ownership

Return on Equity

−1,59 %

Current Ratio

3,47

Debt-to-Equity Ratio

0,17

Key figures (EUR)	2022	2021	2020	2019
Revenue	1 258 000	1 354 000	1 333 000	984 000
Net Income	−715 000	110 000	−365 000	46 000
Total Assets	53 460 000	46 759 000	46 197 000	46 357 000
Total Equity	45 005 000	45 720 000	45 610 000	46 039 000

Income (EUR)	2022	2021	2020	2019
Revenue	1 258 000	1 354 000	1 333 000	984 000
Expenditure	1 431 000	492 000	1 494 000	1 013 000
Operating Profit	−173 000	−30 000	−160 000	−30 000
Financial Income	135 000	277 000	75 000	89 000
Financial Costs	677 000	136 000	168 000	9 000
Financial Balance	−542 000	141 000	−93 000	80 000
Earnings Before Tax	−715 000	110 000	−254 000	50 000
Tax	0	0	112 000	4 000
Net Income	−715 000	110 000	−365 000	46 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	51 438 000	41 449 000	42 697 000	42 796 000
Total Current Assets	2 021 000	5 310 000	3 501 000	3 560 000
Total Assets	53 460 000	46 759 000	46 197 000	46 357 000
Total Retained Equity	0	0	−1 346 000	−918 000
Total Equity	45 005 000	45 720 000	45 610 000	46 039 000
Total Long-Term Debt	7 872 000	474 000	29 000	0
Total Current Debt	583 000	564 000	558 000	318 000
Total Equity and Debt	53 460 000	46 759 000	46 197 000	46 357 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	1 258 000	0	1 333 000	984 000
Other Income	0	1 354 000	0	0
Revenue	1 258 000	1 354 000	1 333 000	984 000
Cost of Goods Sold	0	10 000	0	0
Salary Costs	1 215 000	482 000	810 000	683 000
Depreciation	10 000	0	14 000	26 000
Impairment	0	0	0	0
Expenditure	1 431 000	492 000	1 494 000	1 013 000
Operating Profit	−173 000	−30 000	−160 000	−30 000
Financial Income	135 000	277 000	75 000	89 000
Financial Costs	677 000	136 000	168 000	9 000
Financial Balance	−542 000	141 000	−93 000	80 000
Dividends	0	0	0	0
Net Income	−715 000	110 000	−365 000	46 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	94 000
Real Eastate	10 000	0	31 000	37 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	10 000	20 000	31 000	37 000
Total Fiancial Fixed Assets	51 428 000	41 428 000	42 666 000	42 666 000
Total Fixed Assets	51 438 000	41 449 000	42 697 000	42 796 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	686 000	259 000	796 000	1 020 000
Total Current Assets	2 021 000	5 310 000	3 501 000	3 560 000
Total Assets	53 460 000	46 759 000	46 197 000	46 357 000
Total Equity	45 005 000	45 720 000	45 610 000	46 039 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 872 000	474 000	29 000	0
Creditors	10 000	13 000	71 000	68 000
Unpaid Taxes	64 000	395 000	46 000	44 000
Dividends	0	0	0	0
Other Current Debt	509 000	0	441 000	206 000
Total Current Debt	583 000	564 000	558 000	318 000
Total Equity and Debt	53 460 000	46 759 000	46 197 000	46 357 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,59 %	0,24 %	−0,8 %	0,1 %
Debt-to-Equity Ratio	0,17	0,01	0	0
Operating Profit Margin	−13,75 %	−2,22 %	−12 %	−3,05 %
Current Ratio	3,47	9,41	6,27	11,19
Quick Ratio	3,47	9,41	6,27	11,19
Equity Ratio	0,84	0,98	0,99	0,99
Gross Profit Margin	100 %	99,26 %	100 %	100 %