MINIREIN AS

1820 SPYDEBERG

Finances

Share Ownership

Return on Equity

239,13 %

Current Ratio

0,86

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 646 000	4 066 000	3 698 000	2 460 000
Net Income	−220 000	59 000	303 000	−171 000
Total Assets	988 000	897 000	657 000	234 000
Total Equity	−92 000	129 000	70 000	−233 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 646 000	4 066 000	3 698 000	2 460 000
Expenditure	3 901 000	4 028 000	3 290 000	2 485 000
Operating Profit	−254 000	38 000	408 000	−25 000
Financial Income	2 000	1 000	1 000	0
Financial Costs	31 000	14 000	21 000	27 000
Financial Balance	−29 000	−13 000	−20 000	−27 000
Earnings Before Tax	−283 000	25 000	389 000	−52 000
Tax	−62 000	−34 000	86 000	119 000
Net Income	−220 000	59 000	303 000	−171 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	62 000	0	13 000	0
Total Current Assets	926 000	897 000	644 000	234 000
Total Assets	988 000	897 000	657 000	234 000
Total Retained Equity	−116 000	104 000	46 000	−257 000
Total Equity	−92 000	129 000	70 000	−233 000
Total Long-Term Debt	0	0	3 000	0
Total Current Debt	1 080 000	768 000	584 000	467 000
Total Equity and Debt	988 000	897 000	657 000	234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 646 000	4 066 000	3 698 000	2 460 000
Other Income	0	0	0	0
Revenue	3 646 000	4 066 000	3 698 000	2 460 000
Cost of Goods Sold	2 549 000	2 524 000	2 021 000	1 077 000
Salary Costs	680 000	758 000	555 000	359 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 901 000	4 028 000	3 290 000	2 485 000
Operating Profit	−254 000	38 000	408 000	−25 000
Financial Income	2 000	1 000	1 000	0
Financial Costs	31 000	14 000	21 000	27 000
Financial Balance	−29 000	−13 000	−20 000	−27 000
Dividends	0	0	0	0
Net Income	−220 000	59 000	303 000	−171 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	62 000	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	0	0	13 000	0
Total Fixed Assets	62 000	0	13 000	0
Stock	850 000	850 000	596 000	419 000
Total Investments	0	0	0	0
Cash, Bank	3 000	7 000	7 000	−196 000
Total Current Assets	926 000	897 000	644 000	234 000
Total Assets	988 000	897 000	657 000	234 000
Total Equity	−92 000	129 000	70 000	−233 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	0
Creditors	527 000	183 000	122 000	210 000
Unpaid Taxes	42 000	128 000	115 000	59 000
Dividends	0	0	0	0
Other Current Debt	254 000	245 000	161 000	105 000
Total Current Debt	1 080 000	768 000	584 000	467 000
Total Equity and Debt	988 000	897 000	657 000	234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	239,13 %	45,74 %	432,86 %	73,39 %
Debt-to-Equity Ratio	−0	0	0,04	−0
Operating Profit Margin	−6,97 %	0,93 %	11,03 %	−1,02 %
Current Ratio	0,86	1,17	1,1	0,5
Quick Ratio	4,03	−10,94	−53,67	4,88
Equity Ratio	−0,09	0,14	0,11	−1
Gross Profit Margin	30,09 %	37,92 %	45,35 %	56,22 %