MITAS AS

9900 KIRKENES

Finances

Return on Equity

28,57 %

Current Ratio

4,91

Debt-to-Equity Ratio

−1,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	0	0	0
Net Income	−34 000	−60 000	−24 000	−1 235 000
Total Assets	114 000	255 000	65 000	76 000
Total Equity	−119 000	−85 000	−1 295 000	−1 272 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	0	0	0
Expenditure	84 000	60 000	24 000	1 235 000
Operating Profit	−34 000	−60 000	−24 000	−1 235 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−34 000	−60 000	−24 000	−1 235 000
Tax	0	0	0	0
Net Income	−34 000	−60 000	−24 000	−1 235 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 000	60 000	60 000	60 000
Total Current Assets	54 000	195 000	5 000	16 000
Total Assets	114 000	255 000	65 000	76 000
Total Retained Equity	−1 389 000	−1 355 000	−1 325 000	−1 302 000
Total Equity	−119 000	−85 000	−1 295 000	−1 272 000
Total Long-Term Debt	222 000	322 000	1 350 000	1 333 000
Total Current Debt	11 000	18 000	10 000	14 000
Total Equity and Debt	114 000	255 000	65 000	76 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	0	0	0
Other Income	0	0	0	0
Revenue	50 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	84 000	60 000	24 000	1 235 000
Operating Profit	−34 000	−60 000	−24 000	−1 235 000
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	−34 000	−60 000	−24 000	−1 235 000

Balance details (NOK)	2022	2021	2020	2019
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	60 000	60 000	60 000	60 000
Total Fixed Assets	60 000	60 000	60 000	60 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 000	195 000	5 000	15 000
Total Current Assets	54 000	195 000	5 000	16 000
Total Assets	114 000	255 000	65 000	76 000
Total Equity	−119 000	−85 000	−1 295 000	−1 272 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	222 000	322 000	1 350 000	1 333 000
Creditors	3 000	18 000	10 000	14 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	0	0	0
Total Current Debt	11 000	18 000	10 000	14 000
Total Equity and Debt	114 000	255 000	65 000	76 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,57 %	70,59 %	1,85 %	97,09 %
Debt-to-Equity Ratio	−1,87	−3,79	−1,04	−1,05
Operating Profit Margin	−68 %	-	-	-
Current Ratio	4,91	10,83	0,5	1,14
Quick Ratio	4,91	10,83	0,5	1,14
Equity Ratio	−1,04	−0,33	−19,92	−16,74
Gross Profit Margin	100 %	-	-	-