MIKO INNOVASJON AS

0349 OSLO

Finances

Return on Equity

4,9 %

Current Ratio

1,28

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 001 000	2 427 000	1 731 000	545 000
Net Income	87 000	270 000	117 000	−653 000
Total Assets	3 001 000	3 304 000	1 957 000	1 527 000
Total Equity	1 774 000	1 686 000	1 417 000	1 300 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 001 000	2 427 000	1 731 000	545 000
Expenditure	1 996 000	1 741 000	1 570 000	1 382 000
Operating Profit	5 000	686 000	160 000	−837 000
Financial Income	0	0	0	0
Financial Costs	131 000	268 000	11 000	0
Financial Balance	−131 000	−268 000	−11 000	0
Earnings Before Tax	−127 000	418 000	150 000	−837 000
Tax	−214 000	148 000	33 000	−184 000
Net Income	87 000	270 000	117 000	−653 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 642 000	2 585 000	1 000 000	8 000
Total Current Assets	360 000	720 000	957 000	1 519 000
Total Assets	3 001 000	3 304 000	1 957 000	1 527 000
Total Retained Equity	474 000	386 000	117 000	0
Total Equity	1 774 000	1 686 000	1 417 000	1 300 000
Total Long-Term Debt	946 000	1 010 000	200 000	0
Total Current Debt	282 000	608 000	340 000	227 000
Total Equity and Debt	3 001 000	3 304 000	1 957 000	1 527 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 687 000	2 427 000	1 531 000	495 000
Other Income	314 000	0	200 000	50 000
Revenue	2 001 000	2 427 000	1 731 000	545 000
Cost of Goods Sold	0	0	30 000	0
Salary Costs	1 616 000	1 458 000	1 296 000	1 166 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 996 000	1 741 000	1 570 000	1 382 000
Operating Profit	5 000	686 000	160 000	−837 000
Financial Income	0	0	0	0
Financial Costs	131 000	268 000	11 000	0
Financial Balance	−131 000	−268 000	−11 000	0
Dividends	0	0	0	0
Net Income	87 000	270 000	117 000	−653 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 000	16 000	0	8 000
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	2 625 000	2 569 000	1 000 000	0
Total Fixed Assets	2 642 000	2 585 000	1 000 000	8 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	106 000	611 000	567 000	704 000
Total Current Assets	360 000	720 000	957 000	1 519 000
Total Assets	3 001 000	3 304 000	1 957 000	1 527 000
Total Equity	1 774 000	1 686 000	1 417 000	1 300 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	946 000	1 010 000	200 000	0
Creditors	6 000	17 000	41 000	8 000
Unpaid Taxes	138 000	287 000	154 000	180 000
Dividends	0	0	0	0
Other Current Debt	138 000	140 000	120 000	40 000
Total Current Debt	282 000	608 000	340 000	227 000
Total Equity and Debt	3 001 000	3 304 000	1 957 000	1 527 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,9 %	16,01 %	8,26 %	−50,23 %
Debt-to-Equity Ratio	0,53	0,6	0,14	0
Operating Profit Margin	0,25 %	28,27 %	9,24 %	−153,58 %
Current Ratio	1,28	1,18	2,81	6,69
Quick Ratio	1,28	1,18	2,81	6,69
Equity Ratio	0,59	0,51	0,72	0,85
Gross Profit Margin	100 %	100 %	98,27 %	100 %