MILANO KNARVIK AS

5914 ISDALSTØ

Finances

Share Ownership

Return on Equity

247,08 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 764 000	5 064 000	4 244 000	4 967 000
Net Income	719 000	351 000	22 000	−136 000
Total Assets	1 532 000	818 000	451 000	451 000
Total Equity	291 000	372 000	22 000	0

Income (NOK)	2022	2021	2020	2019
Revenue	6 764 000	5 064 000	4 244 000	4 967 000
Expenditure	5 835 000	4 636 000	4 222 000	5 102 000
Operating Profit	930 000	427 000	22 000	−136 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	1 000
Financial Balance	0	−2 000	0	−1 000
Earnings Before Tax	930 000	425 000	22 000	−136 000
Tax	211 000	75 000	0	0
Net Income	719 000	351 000	22 000	−136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	156 000	142 000	166 000	122 000
Total Current Assets	1 376 000	677 000	285 000	329 000
Total Assets	1 532 000	818 000	451 000	451 000
Total Retained Equity	262 000	343 000	−7 000	−29 000
Total Equity	291 000	372 000	22 000	0
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 241 000	446 000	429 000	451 000
Total Equity and Debt	1 532 000	818 000	451 000	451 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 733 000	5 040 000	4 217 000	4 920 000
Other Income	30 000	24 000	26 000	47 000
Revenue	6 764 000	5 064 000	4 244 000	4 967 000
Cost of Goods Sold	2 114 000	1 712 000	1 404 000	1 580 000
Salary Costs	2 682 000	2 053 000	2 160 000	2 724 000
Depreciation	52 000	40 000	31 000	27 000
Impairment	0	0	0	0
Expenditure	5 835 000	4 636 000	4 222 000	5 102 000
Operating Profit	930 000	427 000	22 000	−136 000
Financial Income	0	0	0	0
Financial Costs	0	2 000	0	1 000
Financial Balance	0	−2 000	0	−1 000
Dividends	800 000	0	0	0
Net Income	719 000	351 000	22 000	−136 000

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	108 000	94 000	118 000	74 000
Total Tangible Assets	108 000	94 000	118 000	74 000
Total Fiancial Fixed Assets	48 000	48 000	48 000	48 000
Total Fixed Assets	156 000	142 000	166 000	122 000
Stock	59 000	58 000	41 000	46 000
Total Investments	0	0	0	0
Cash, Bank	1 045 000	544 000	186 000	249 000
Total Current Assets	1 376 000	677 000	285 000	329 000
Total Assets	1 532 000	818 000	451 000	451 000
Total Equity	291 000	372 000	22 000	0
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	45 000	21 000	40 000	53 000
Unpaid Taxes	210 000	169 000	177 000	179 000
Dividends	800 000	0	0	0
Other Current Debt	276 000	182 000	212 000	219 000
Total Current Debt	1 241 000	446 000	429 000	451 000
Total Equity and Debt	1 532 000	818 000	451 000	451 000

Financial indicators	2022	2021	2020	2019
Return on Equity	247,08 %	94,35 %	100 %	-
Debt-to-Equity Ratio	0	0	0	-
Operating Profit Margin	13,75 %	8,43 %	0,52 %	−2,74 %
Current Ratio	1,11	1,52	0,66	0,73
Quick Ratio	1,16	1,74	0,73	0,81
Equity Ratio	0,19	0,45	0,05	0
Gross Profit Margin	68,75 %	66,19 %	66,92 %	68,19 %