MITT VERKSTED NORDÅS AS

5235 RÅDAL

Finances

Share Ownership

Return on Equity

−205,17 %

Current Ratio

0,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 777 000	9 495 000	8 102 000	6 827 000
Net Income	−238 000	390 000	96 000	332 000
Total Assets	1 825 000	1 953 000	2 215 000	1 760 000
Total Equity	116 000	354 000	59 000	−106 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 777 000	9 495 000	8 102 000	6 827 000
Expenditure	9 010 000	8 979 000	7 965 000	6 407 000
Operating Profit	−233 000	518 000	136 000	419 000
Financial Income	1 000	0	0	0
Financial Costs	6 000	6 000	31 000	87 000
Financial Balance	−5 000	−6 000	−31 000	−87 000
Earnings Before Tax	−238 000	511 000	105 000	332 000
Tax	0	121 000	9 000	0
Net Income	−238 000	390 000	96 000	332 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	803 000	1 140 000	1 234 000	275 000
Total Current Assets	1 022 000	813 000	981 000	1 485 000
Total Assets	1 825 000	1 953 000	2 215 000	1 760 000
Total Retained Equity	57 000	296 000	0	−131 000
Total Equity	116 000	354 000	59 000	−106 000
Total Long-Term Debt	0	0	18 000	150 000
Total Current Debt	1 709 000	1 599 000	2 139 000	1 717 000
Total Equity and Debt	1 825 000	1 953 000	2 215 000	1 760 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 777 000	9 495 000	7 662 000	6 827 000
Other Income	0	0	440 000	0
Revenue	8 777 000	9 495 000	8 102 000	6 827 000
Cost of Goods Sold	3 451 000	3 556 000	2 974 000	2 426 000
Salary Costs	3 107 000	3 493 000	3 454 000	2 360 000
Depreciation	131 000	121 000	85 000	84 000
Impairment	0	0	0	0
Expenditure	9 010 000	8 979 000	7 965 000	6 407 000
Operating Profit	−233 000	518 000	136 000	419 000
Financial Income	1 000	0	0	0
Financial Costs	6 000	6 000	31 000	87 000
Financial Balance	−5 000	−6 000	−31 000	−87 000
Dividends	0	0	0	0
Net Income	−238 000	390 000	96 000	332 000

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	180 000	0
Fixtures	147 000	277 000	0	265 000
Total Tangible Assets	147 000	277 000	180 000	265 000
Total Fiancial Fixed Assets	656 000	863 000	1 054 000	10 000
Total Fixed Assets	803 000	1 140 000	1 234 000	275 000
Stock	128 000	15 000	15 000	15 000
Total Investments	0	0	0	0
Cash, Bank	407 000	337 000	268 000	126 000
Total Current Assets	1 022 000	813 000	981 000	1 485 000
Total Assets	1 825 000	1 953 000	2 215 000	1 760 000
Total Equity	116 000	354 000	59 000	−106 000
Short-Term Group Debt	329 000	122 000	194 000	0
Total Long-Term Debt	0	0	18 000	150 000
Creditors	384 000	469 000	618 000	745 000
Unpaid Taxes	453 000	427 000	729 000	710 000
Dividends	0	0	0	0
Other Current Debt	542 000	488 000	597 000	261 000
Total Current Debt	1 709 000	1 599 000	2 139 000	1 717 000
Total Equity and Debt	1 825 000	1 953 000	2 215 000	1 760 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−205,17 %	110,17 %	162,71 %	−313,21 %
Debt-to-Equity Ratio	0	0	0,31	−1,42
Operating Profit Margin	−2,65 %	5,46 %	1,68 %	6,14 %
Current Ratio	0,6	0,51	0,46	0,86
Quick Ratio	0,65	0,51	0,46	0,87
Equity Ratio	0,06	0,18	0,03	−0,06
Gross Profit Margin	60,68 %	62,55 %	63,29 %	64,46 %