MINUENDO AS

0153 OSLO

Finances

Share Ownership

Return on Equity

−110,77 %

Current Ratio

2,25

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 772 000	11 845 000	5 192 000	523 000
Net Income	−21 338 000	−13 450 000	−8 580 000	−5 544 000
Total Assets	28 887 000	17 256 000	8 880 000	12 579 000
Total Equity	19 263 000	−11 581 000	1 868 000	10 003 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 772 000	11 845 000	5 192 000	523 000
Expenditure	37 071 000	28 907 000	16 106 000	7 925 000
Operating Profit	−27 299 000	−17 062 000	−10 914 000	−7 402 000
Financial Income	164 000	44 000	50 000	63 000
Financial Costs	220 000	227 000	140 000	24 000
Financial Balance	−56 000	−183 000	−90 000	39 000
Earnings Before Tax	−27 356 000	−17 245 000	−11 004 000	−7 363 000
Tax	−6 017 000	−3 795 000	−2 424 000	−1 819 000
Net Income	−21 338 000	−13 450 000	−8 580 000	−5 544 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 791 000	10 428 000	6 784 000	4 405 000
Total Current Assets	12 097 000	6 828 000	2 096 000	8 174 000
Total Assets	28 887 000	17 256 000	8 880 000	12 579 000
Total Retained Equity	0	−11 752 000	−15 783 000	−7 203 000
Total Equity	19 263 000	−11 581 000	1 868 000	10 003 000
Total Long-Term Debt	4 250 000	21 285 000	1 500 000	1 500 000
Total Current Debt	5 374 000	7 552 000	5 512 000	1 075 000
Total Equity and Debt	28 887 000	17 256 000	8 880 000	12 579 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 937 000	3 493 000	235 000	28 000
Other Income	1 835 000	8 352 000	4 956 000	495 000
Revenue	9 772 000	11 845 000	5 192 000	523 000
Cost of Goods Sold	3 518 000	495 000	118 000	0
Salary Costs	12 365 000	9 713 000	8 353 000	4 723 000
Depreciation	526 000	502 000	457 000	375 000
Impairment	0	0	0	0
Expenditure	37 071 000	28 907 000	16 106 000	7 925 000
Operating Profit	−27 299 000	−17 062 000	−10 914 000	−7 402 000
Financial Income	164 000	44 000	50 000	63 000
Financial Costs	220 000	227 000	140 000	24 000
Financial Balance	−56 000	−183 000	−90 000	39 000
Dividends	0	0	0	0
Net Income	−21 338 000	−13 450 000	−8 580 000	−5 544 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 791 000	10 420 000	6 728 000	3 928 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	17 000	37 000
Fixtures	0	8 000	39 000	440 000
Total Tangible Assets	0	8 000	56 000	477 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 791 000	10 428 000	6 784 000	4 405 000
Stock	866 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 702 000	4 120 000	1 718 000	7 068 000
Total Current Assets	12 097 000	6 828 000	2 096 000	8 174 000
Total Assets	28 887 000	17 256 000	8 880 000	12 579 000
Total Equity	19 263 000	−11 581 000	1 868 000	10 003 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 250 000	21 285 000	1 500 000	1 500 000
Creditors	2 493 000	2 627 000	375 000	140 000
Unpaid Taxes	787 000	−144 000	394 000	310 000
Dividends	0	0	0	0
Other Current Debt	2 093 000	5 070 000	2 243 000	626 000
Total Current Debt	5 374 000	7 552 000	5 512 000	1 075 000
Total Equity and Debt	28 887 000	17 256 000	8 880 000	12 579 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−110,77 %	116,14 %	−459,31 %	−55,42 %
Debt-to-Equity Ratio	0,22	−1,84	0,8	0,15
Operating Profit Margin	−279,36 %	−144,04 %	−210,21 %	−1 415,3 %
Current Ratio	2,25	0,9	0,38	7,6
Quick Ratio	2,68	0,9	0,38	7,6
Equity Ratio	0,67	−0,67	0,21	0,8
Gross Profit Margin	64 %	95,82 %	97,73 %	100 %