MIKES GULVSLIPING AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

20,22 %

Current Ratio

2,01

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	440 000	555 000	331 000	279 000
Net Income	55 000	80 000	76 000	31 000
Total Assets	341 000	310 000	161 000	149 000
Total Equity	272 000	217 000	137 000	61 000

Income (NOK)	2022	2021	2020	2019
Revenue	440 000	555 000	331 000	279 000
Expenditure	369 000	453 000	230 000	238 000
Operating Profit	71 000	103 000	101 000	40 000
Financial Income	0	0	0	0
Financial Costs	0	0	3 000	1 000
Financial Balance	0	0	−3 000	−1 000
Earnings Before Tax	70 000	103 000	97 000	39 000
Tax	15 000	23 000	21 000	9 000
Net Income	55 000	80 000	76 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	204 000	272 000	153 000	126 000
Total Current Assets	137 000	38 000	8 000	24 000
Total Assets	341 000	310 000	161 000	149 000
Total Retained Equity	242 000	187 000	107 000	31 000
Total Equity	272 000	217 000	137 000	61 000
Total Long-Term Debt	2 000	3 000	0	0
Total Current Debt	68 000	90 000	25 000	89 000
Total Equity and Debt	341 000	310 000	161 000	149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	440 000	555 000	331 000	279 000
Other Income	0	0	0	0
Revenue	440 000	555 000	331 000	279 000
Cost of Goods Sold	150 000	268 000	147 000	130 000
Salary Costs	0	0	0	2 000
Depreciation	68 000	68 000	0	0
Impairment	0	0	0	0
Expenditure	369 000	453 000	230 000	238 000
Operating Profit	71 000	103 000	101 000	40 000
Financial Income	0	0	0	0
Financial Costs	0	0	3 000	1 000
Financial Balance	0	0	−3 000	−1 000
Dividends	0	0	0	0
Net Income	55 000	80 000	76 000	31 000

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	204 000	272 000	0	0
Total Tangible Assets	204 000	272 000	0	0
Total Fiancial Fixed Assets	0	0	153 000	126 000
Total Fixed Assets	204 000	272 000	153 000	126 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	30 000	7 000	8 000	1 000
Total Current Assets	137 000	38 000	8 000	24 000
Total Assets	341 000	310 000	161 000	149 000
Total Equity	272 000	217 000	137 000	61 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	3 000	0	0
Creditors	40 000	0	−2 000	61 000
Unpaid Taxes	11 000	0	0	7 000
Dividends	0	0	0	0
Other Current Debt	0	71 000	5 000	12 000
Total Current Debt	68 000	90 000	25 000	89 000
Total Equity and Debt	341 000	310 000	161 000	149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,22 %	36,87 %	55,47 %	50,82 %
Debt-to-Equity Ratio	0,01	0,01	0	0
Operating Profit Margin	16,14 %	18,56 %	30,51 %	14,34 %
Current Ratio	2,01	0,42	0,32	0,27
Quick Ratio	2,01	0,42	0,32	0,27
Equity Ratio	0,8	0,7	0,85	0,41
Gross Profit Margin	65,91 %	51,71 %	55,59 %	53,41 %