MIIEGO AUDIO

1454 FAGERSTRAND

Finances

Share Ownership

Return on Equity

44,79 %

Current Ratio

0,89

Debt-to-Equity Ratio

−1,02

Key figures (NOK)	2022	2021	2020
Revenue	872 000	2 897 000	2 390 000
Net Income	−116 000	148 000	−291 000
Total Assets	609 000	2 332 000	1 721 000
Total Equity	−259 000	−143 000	−291 000

Income (NOK)	2022	2021	2020
Revenue	872 000	2 897 000	2 390 000
Expenditure	1 043 000	2 698 000	2 758 000
Operating Profit	−171 000	199 000	−367 000
Financial Income	23 000	−9 000	0
Financial Costs	0	0	6 000
Financial Balance	23 000	−9 000	−6 000
Earnings Before Tax	−148 000	190 000	−373 000
Tax	−32 000	42 000	−82 000
Net Income	−116 000	148 000	−291 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	73 000	40 000	82 000
Total Current Assets	536 000	2 292 000	1 639 000
Total Assets	609 000	2 332 000	1 721 000
Total Retained Equity	−259 000	−143 000	−291 000
Total Equity	−259 000	−143 000	−291 000
Total Long-Term Debt	263 000	263 000	668 000
Total Current Debt	604 000	2 211 000	1 344 000
Total Equity and Debt	609 000	2 332 000	1 721 000

Cash flow (NOK)	2022	2021	2020
Sales Income	710 000	3 377 000	1 910 000
Other Income	162 000	−480 000	480 000
Revenue	872 000	2 897 000	2 390 000
Cost of Goods Sold	2 000	1 179 000	1 427 000
Salary Costs	903 000	1 307 000	1 127 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 043 000	2 698 000	2 758 000
Operating Profit	−171 000	199 000	−367 000
Financial Income	23 000	−9 000	0
Financial Costs	0	0	6 000
Financial Balance	23 000	−9 000	−6 000
Dividends	0	0	0
Net Income	−116 000	148 000	−291 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	73 000	40 000	82 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	73 000	40 000	82 000
Stock	100 000	100 000	52 000
Total Investments	0	0	0
Cash, Bank	35 000	39 000	1 106 000
Total Current Assets	536 000	2 292 000	1 639 000
Total Assets	609 000	2 332 000	1 721 000
Total Equity	−259 000	−143 000	−291 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	263 000	263 000	668 000
Creditors	118 000	1 179 000	990 000
Unpaid Taxes	5 000	634 000	256 000
Dividends	0	0	0
Other Current Debt	481 000	398 000	98 000
Total Current Debt	604 000	2 211 000	1 344 000
Total Equity and Debt	609 000	2 332 000	1 721 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,79 %	−103,5 %	100 %	-
Debt-to-Equity Ratio	−1,02	−1,84	−2,3	-
Operating Profit Margin	−19,61 %	6,87 %	−15,36 %	-
Current Ratio	0,89	1,04	1,22	-
Quick Ratio	1,06	1,09	1,27	-
Equity Ratio	−0,43	−0,06	−0,17	-
Gross Profit Margin	99,77 %	59,3 %	40,29 %	-