MINDE HÅNDVERKTJENESTER AS

4847 ARENDAL

Finances

Share Ownership

Return on Equity

22,24 %

Current Ratio

1,04

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 634 000	30 397 000	18 048 000	16 728 000
Net Income	350 000	561 000	28 000	46 000
Total Assets	8 374 000	8 693 000	5 552 000	4 264 000
Total Equity	1 574 000	1 224 000	662 000	−265 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 634 000	30 397 000	18 048 000	16 728 000
Expenditure	41 105 000	29 397 000	17 977 000	16 651 000
Operating Profit	530 000	999 000	71 000	77 000
Financial Income	0	2 000	5 000	1 000
Financial Costs	81 000	282 000	41 000	18 000
Financial Balance	−81 000	−280 000	−36 000	−17 000
Earnings Before Tax	449 000	720 000	35 000	59 000
Tax	99 000	158 000	8 000	13 000
Net Income	350 000	561 000	28 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 357 000	1 143 000	989 000	690 000
Total Current Assets	7 017 000	7 551 000	4 563 000	3 574 000
Total Assets	8 374 000	8 693 000	5 552 000	4 264 000
Total Retained Equity	374 000	24 000	−538 000	−565 000
Total Equity	1 574 000	1 224 000	662 000	−265 000
Total Long-Term Debt	77 000	149 000	219 000	1 682 000
Total Current Debt	6 724 000	7 321 000	4 671 000	2 847 000
Total Equity and Debt	8 374 000	8 693 000	5 552 000	4 264 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 628 000	30 225 000	18 048 000	16 721 000
Other Income	6 000	172 000	0	7 000
Revenue	41 634 000	30 397 000	18 048 000	16 728 000
Cost of Goods Sold	18 572 000	10 081 000	4 827 000	4 998 000
Salary Costs	18 796 000	16 006 000	11 136 000	9 900 000
Depreciation	194 000	212 000	203 000	155 000
Impairment	0	0	0	0
Expenditure	41 105 000	29 397 000	17 977 000	16 651 000
Operating Profit	530 000	999 000	71 000	77 000
Financial Income	0	2 000	5 000	1 000
Financial Costs	81 000	282 000	41 000	18 000
Financial Balance	−81 000	−280 000	−36 000	−17 000
Dividends	0	0	0	0
Net Income	350 000	561 000	28 000	46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	447 000	273 000	256 000	264 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	651 000	761 000	659 000	426 000
Total Tangible Assets	651 000	761 000	659 000	426 000
Total Fiancial Fixed Assets	259 000	109 000	74 000	0
Total Fixed Assets	1 357 000	1 143 000	989 000	690 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	510 000	2 349 000	1 638 000	1 130 000
Total Current Assets	7 017 000	7 551 000	4 563 000	3 574 000
Total Assets	8 374 000	8 693 000	5 552 000	4 264 000
Total Equity	1 574 000	1 224 000	662 000	−265 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	77 000	149 000	219 000	1 682 000
Creditors	2 185 000	1 172 000	113 000	975 000
Unpaid Taxes	2 272 000	4 700 000	3 676 000	1 016 000
Dividends	0	0	0	0
Other Current Debt	1 545 000	1 274 000	882 000	856 000
Total Current Debt	6 724 000	7 321 000	4 671 000	2 847 000
Total Equity and Debt	8 374 000	8 693 000	5 552 000	4 264 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,24 %	45,83 %	4,23 %	−17,36 %
Debt-to-Equity Ratio	0,05	0,12	0,33	−6,35
Operating Profit Margin	1,27 %	3,29 %	0,39 %	0,46 %
Current Ratio	1,04	1,03	0,98	1,26
Quick Ratio	1,04	1,03	0,98	1,26
Equity Ratio	0,19	0,14	0,12	−0,06
Gross Profit Margin	55,39 %	66,84 %	73,25 %	70,12 %