MILLSTEIN AS

0566 OSLO

Finances

Share Ownership

Return on Equity

86,76 %

Current Ratio

0,61

Debt-to-Equity Ratio

−0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 562 000	11 139 000	8 098 000	0
Net Income	−780 000	−72 000	−548 000	−54 000
Total Assets	3 687 000	3 186 000	2 216 000	642 000
Total Equity	−899 000	−119 000	−507 000	41 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 562 000	11 139 000	8 098 000	0
Expenditure	13 321 000	11 195 000	8 614 000	71 000
Operating Profit	−758 000	−56 000	−515 000	−71 000
Financial Income	0	0	0	0
Financial Costs	22 000	17 000	16 000	0
Financial Balance	−22 000	−17 000	−16 000	0
Earnings Before Tax	−780 000	−72 000	−531 000	−71 000
Tax	0	0	17 000	−17 000
Net Income	−780 000	−72 000	−548 000	−54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	949 000	1 181 000	672 000	170 000
Total Current Assets	2 737 000	2 005 000	1 545 000	472 000
Total Assets	3 687 000	3 186 000	2 216 000	642 000
Total Retained Equity	−994 000	−214 000	−602 000	−54 000
Total Equity	−899 000	−119 000	−507 000	41 000
Total Long-Term Debt	122 000	181 000	230 000	0
Total Current Debt	4 464 000	3 124 000	2 494 000	601 000
Total Equity and Debt	3 687 000	3 186 000	2 216 000	642 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 491 000	11 139 000	8 098 000	0
Other Income	71 000	0	0	0
Revenue	12 562 000	11 139 000	8 098 000	0
Cost of Goods Sold	5 879 000	5 973 000	4 138 000	0
Salary Costs	3 688 000	2 425 000	2 419 000	0
Depreciation	440 000	264 000	182 000	5 000
Impairment	0	0	0	0
Expenditure	13 321 000	11 195 000	8 614 000	71 000
Operating Profit	−758 000	−56 000	−515 000	−71 000
Financial Income	0	0	0	0
Financial Costs	22 000	17 000	16 000	0
Financial Balance	−22 000	−17 000	−16 000	0
Dividends	0	0	0	0
Net Income	−780 000	−72 000	−548 000	−54 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	17 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	869 000	1 181 000	672 000	153 000
Total Tangible Assets	869 000	1 181 000	672 000	153 000
Total Fiancial Fixed Assets	80 000	0	0	0
Total Fixed Assets	949 000	1 181 000	672 000	170 000
Stock	180 000	295 000	0	0
Total Investments	0	0	0	0
Cash, Bank	251 000	78 000	407 000	418 000
Total Current Assets	2 737 000	2 005 000	1 545 000	472 000
Total Assets	3 687 000	3 186 000	2 216 000	642 000
Total Equity	−899 000	−119 000	−507 000	41 000
Short-Term Group Debt	110 000	20 000	0	0
Total Long-Term Debt	122 000	181 000	230 000	0
Creditors	1 115 000	940 000	973 000	1 000
Unpaid Taxes	732 000	258 000	251 000	0
Dividends	0	0	0	0
Other Current Debt	2 507 000	1 906 000	1 269 000	600 000
Total Current Debt	4 464 000	3 124 000	2 494 000	601 000
Total Equity and Debt	3 687 000	3 186 000	2 216 000	642 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,76 %	60,5 %	108,09 %	−131,71 %
Debt-to-Equity Ratio	−0,14	−1,52	−0,45	0
Operating Profit Margin	−6,03 %	−0,5 %	−6,36 %	-
Current Ratio	0,61	0,64	0,62	0,79
Quick Ratio	0,64	0,71	0,62	0,79
Equity Ratio	−0,24	−0,04	−0,23	0,06
Gross Profit Margin	53,2 %	46,38 %	48,9 %	-