MII AS

9520 KAUTOKEINO

Finances

Return on Equity

1,18 %

Current Ratio

3,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 705 000	5 644 000	1 601 000	1 331 000
Net Income	16 000	808 000	405 000	92 000
Total Assets	1 770 000	2 206 000	810 000	382 000
Total Equity	1 352 000	1 336 000	527 000	122 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 705 000	5 644 000	1 601 000	1 331 000
Expenditure	5 192 000	4 599 000	1 080 000	1 212 000
Operating Profit	−487 000	1 045 000	521 000	120 000
Financial Income	508 000	0	0	0
Financial Costs	5 000	0	2 000	2 000
Financial Balance	503 000	0	−2 000	−2 000
Earnings Before Tax	16 000	1 045 000	520 000	118 000
Tax	0	236 000	114 000	26 000
Net Income	16 000	808 000	405 000	92 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	227 000	0	0	0
Total Current Assets	1 543 000	2 206 000	810 000	382 000
Total Assets	1 770 000	2 206 000	810 000	382 000
Total Retained Equity	1 322 000	1 306 000	497 000	92 000
Total Equity	1 352 000	1 336 000	527 000	122 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	418 000	870 000	283 000	260 000
Total Equity and Debt	1 770 000	2 206 000	810 000	382 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 965 000	5 414 000	1 237 000	1 331 000
Other Income	740 000	231 000	364 000	0
Revenue	4 705 000	5 644 000	1 601 000	1 331 000
Cost of Goods Sold	1 995 000	2 411 000	532 000	951 000
Salary Costs	1 253 000	875 000	170 000	0
Depreciation	15 000	0	0	0
Impairment	0	0	0	0
Expenditure	5 192 000	4 599 000	1 080 000	1 212 000
Operating Profit	−487 000	1 045 000	521 000	120 000
Financial Income	508 000	0	0	0
Financial Costs	5 000	0	2 000	2 000
Financial Balance	503 000	0	−2 000	−2 000
Dividends	0	0	0	0
Net Income	16 000	808 000	405 000	92 000

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	167 000	0	0	0
Total Tangible Assets	167 000	0	0	0
Total Fiancial Fixed Assets	60 000	0	0	0
Total Fixed Assets	227 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	963 000	1 181 000	810 000	322 000
Total Current Assets	1 543 000	2 206 000	810 000	382 000
Total Assets	1 770 000	2 206 000	810 000	382 000
Total Equity	1 352 000	1 336 000	527 000	122 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	118 000	229 000	7 000	0
Unpaid Taxes	155 000	211 000	46 000	0
Dividends	0	0	0	0
Other Current Debt	146 000	193 000	115 000	234 000
Total Current Debt	418 000	870 000	283 000	260 000
Total Equity and Debt	1 770 000	2 206 000	810 000	382 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,18 %	60,48 %	76,85 %	75,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,35 %	18,52 %	32,54 %	9,02 %
Current Ratio	3,69	2,54	2,86	1,47
Quick Ratio	3,69	2,54	2,86	1,47
Equity Ratio	0,76	0,61	0,65	0,32
Gross Profit Margin	57,6 %	57,28 %	66,77 %	28,55 %