MINNESUND BILLAKKERING OG TRANSPORT AS

2092 MINNESUND

Finances

Share Ownership

Return on Equity

23,32 %

Current Ratio

2,37

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 662 000	1 525 000	1 887 000	1 569 000
Net Income	104 000	208 000	29 000	81 000
Total Assets	751 000	648 000	310 000	387 000
Total Equity	446 000	343 000	135 000	106 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 662 000	1 525 000	1 887 000	1 569 000
Expenditure	1 510 000	1 244 000	1 816 000	1 438 000
Operating Profit	153 000	280 000	71 000	133 000
Financial Income	0	0	0	0
Financial Costs	21 000	16 000	31 000	24 000
Financial Balance	−21 000	−16 000	−31 000	−24 000
Earnings Before Tax	132 000	265 000	41 000	109 000
Tax	28 000	57 000	12 000	27 000
Net Income	104 000	208 000	29 000	81 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	32 000	44 000	73 000	71 000
Total Current Assets	719 000	605 000	237 000	316 000
Total Assets	751 000	648 000	310 000	387 000
Total Retained Equity	416 000	313 000	105 000	76 000
Total Equity	446 000	343 000	135 000	106 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	304 000	306 000	176 000	281 000
Total Equity and Debt	751 000	648 000	310 000	387 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 662 000	1 525 000	1 887 000	1 569 000
Other Income	0	0	0	0
Revenue	1 662 000	1 525 000	1 887 000	1 569 000
Cost of Goods Sold	515 000	203 000	231 000	140 000
Salary Costs	567 000	623 000	1 161 000	894 000
Depreciation	25 000	29 000	25 000	25 000
Impairment	0	0	0	0
Expenditure	1 510 000	1 244 000	1 816 000	1 438 000
Operating Profit	153 000	280 000	71 000	133 000
Financial Income	0	0	0	0
Financial Costs	21 000	16 000	31 000	24 000
Financial Balance	−21 000	−16 000	−31 000	−24 000
Dividends	0	0	0	0
Net Income	104 000	208 000	29 000	81 000

Balance details (NOK)	2021	2020	2019	2018
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	32 000	42 000	71 000	71 000
Total Tangible Assets	32 000	42 000	71 000	71 000
Total Fiancial Fixed Assets	0	2 000	2 000	0
Total Fixed Assets	32 000	44 000	73 000	71 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	365 000	29 000	46 000	47 000
Total Current Assets	719 000	605 000	237 000	316 000
Total Assets	751 000	648 000	310 000	387 000
Total Equity	446 000	343 000	135 000	106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	196 000	10 000	−95 000	25 000
Unpaid Taxes	34 000	138 000	168 000	155 000
Dividends	0	0	0	0
Other Current Debt	47 000	97 000	91 000	73 000
Total Current Debt	304 000	306 000	176 000	281 000
Total Equity and Debt	751 000	648 000	310 000	387 000

Financial indicators	2021	2020	2019	2018
Return on Equity	23,32 %	60,64 %	21,48 %	76,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,21 %	18,36 %	3,76 %	8,48 %
Current Ratio	2,37	1,98	1,35	1,12
Quick Ratio	2,37	1,98	1,35	1,12
Equity Ratio	0,59	0,53	0,44	0,27
Gross Profit Margin	69,01 %	86,69 %	87,76 %	91,08 %