MITIN AS

4623 KRISTIANSAND S

Finances

Return on Equity

−76,92 %

Current Ratio

0,4

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	81 000	120 000	125 000
Net Income	10 000	−54 000	7 000
Total Assets	412 000	51 000	91 000
Total Equity	−13 000	−23 000	32 000

Income (NOK)	2022	2021	2020
Revenue	81 000	120 000	125 000
Expenditure	61 000	175 000	117 000
Operating Profit	20 000	−54 000	8 000
Financial Income	0	0	0
Financial Costs	11 000	0	0
Financial Balance	−11 000	0	0
Earnings Before Tax	10 000	−54 000	8 000
Tax	0	0	0
Net Income	10 000	−54 000	7 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	241 000	31 000	10 000
Total Current Assets	171 000	20 000	81 000
Total Assets	412 000	51 000	91 000
Total Retained Equity	−43 000	−53 000	2 000
Total Equity	−13 000	−23 000	32 000
Total Long-Term Debt	0	0	0
Total Current Debt	425 000	74 000	60 000
Total Equity and Debt	412 000	51 000	91 000

Cash flow (NOK)	2022	2021	2020
Sales Income	81 000	120 000	125 000
Other Income	0	0	0
Revenue	81 000	120 000	125 000
Cost of Goods Sold	0	0	0
Salary Costs	0	93 000	69 000
Depreciation	4 000	1 000	0
Impairment	0	0	0
Expenditure	61 000	175 000	117 000
Operating Profit	20 000	−54 000	8 000
Financial Income	0	0	0
Financial Costs	11 000	0	0
Financial Balance	−11 000	0	0
Dividends	0	0	0
Net Income	10 000	−54 000	7 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	16 000	20 000	0
Total Tangible Assets	16 000	20 000	0
Total Fiancial Fixed Assets	225 000	10 000	10 000
Total Fixed Assets	241 000	31 000	10 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	120 000	4 000	81 000
Total Current Assets	171 000	20 000	81 000
Total Assets	412 000	51 000	91 000
Total Equity	−13 000	−23 000	32 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	1 000	8 000	6 000
Unpaid Taxes	0	2 000	43 000
Dividends	0	0	0
Other Current Debt	425 000	64 000	10 000
Total Current Debt	425 000	74 000	60 000
Total Equity and Debt	412 000	51 000	91 000

Financial indicators	2022	2021	2020
Return on Equity	−76,92 %	234,78 %	21,88 %
Debt-to-Equity Ratio	−0	−0	0
Operating Profit Margin	24,69 %	−45 %	6,4 %
Current Ratio	0,4	0,27	1,35
Quick Ratio	0,4	0,27	1,35
Equity Ratio	−0,03	−0,45	0,35
Gross Profit Margin	100 %	100 %	100 %