MINK RENTAL NORWAY AS

8533 BOGEN I OFOTEN

Finances

Share Ownership

Return on Equity

−27,64 %

Current Ratio

25,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	88 000	318 000	181 000	43 000
Net Income	−34 000	18 000	−163 000	−90 000
Total Assets	128 000	179 000	456 000	526 000
Total Equity	123 000	157 000	140 000	302 000

Income (NOK)	2022	2021	2020	2019
Revenue	88 000	318 000	181 000	43 000
Expenditure	55 000	276 000	387 000	160 000
Operating Profit	33 000	42 000	−205 000	−117 000
Financial Income	1 000	4 000	2 000	0
Financial Costs	0	23 000	5 000	0
Financial Balance	1 000	−19 000	−3 000	0
Earnings Before Tax	34 000	23 000	−209 000	−117 000
Tax	68 000	5 000	−46 000	−28 000
Net Income	−34 000	18 000	−163 000	−90 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	75 000	383 000	398 000
Total Current Assets	128 000	104 000	73 000	127 000
Total Assets	128 000	179 000	456 000	526 000
Total Retained Equity	−269 000	−235 000	−253 000	−90 000
Total Equity	123 000	157 000	140 000	302 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 000	22 000	316 000	223 000
Total Equity and Debt	128 000	179 000	456 000	526 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	88 000	179 000	181 000	43 000
Other Income	0	139 000	0	0
Revenue	88 000	318 000	181 000	43 000
Cost of Goods Sold	10 000	109 000	15 000	1 000
Salary Costs	13 000	0	20 000	0
Depreciation	7 000	16 000	71 000	19 000
Impairment	0	0	0	0
Expenditure	55 000	276 000	387 000	160 000
Operating Profit	33 000	42 000	−205 000	−117 000
Financial Income	1 000	4 000	2 000	0
Financial Costs	0	23 000	5 000	0
Financial Balance	1 000	−19 000	−3 000	0
Dividends	0	0	0	0
Net Income	−34 000	18 000	−163 000	−90 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	68 000	73 000	28 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	7 000	309 000	348 000
Total Tangible Assets	0	7 000	309 000	348 000
Total Fiancial Fixed Assets	0	0	0	23 000
Total Fixed Assets	0	75 000	383 000	398 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	71 000	63 000	8 000
Total Current Assets	128 000	104 000	73 000	127 000
Total Assets	128 000	179 000	456 000	526 000
Total Equity	123 000	157 000	140 000	302 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	17 000	7 000	221 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	5 000	309 000	2 000
Total Current Debt	5 000	22 000	316 000	223 000
Total Equity and Debt	128 000	179 000	456 000	526 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,64 %	11,46 %	−116,43 %	−29,8 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	37,5 %	13,21 %	−113,26 %	−272,09 %
Current Ratio	25,6	4,73	0,23	0,57
Quick Ratio	25,6	4,73	0,23	0,57
Equity Ratio	0,96	0,88	0,31	0,57
Gross Profit Margin	88,64 %	65,72 %	91,71 %	97,67 %