MIAO AS

6013 ÅLESUND

Finances

Share Ownership

Return on Equity

−655,88 %

Current Ratio

1,14

Debt-to-Equity Ratio

−4,56

Key figures (NOK)	2022	2021	2020
Revenue	893 000	945 000	966 000
Net Income	223 000	−179 000	−102 000
Total Assets	956 000	811 000	1 022 000
Total Equity	−34 000	−257 000	−78 000

Income (NOK)	2022	2021	2020
Revenue	893 000	945 000	966 000
Expenditure	638 000	1 105 000	1 045 000
Operating Profit	253 000	−161 000	−79 000
Financial Income	0	0	0
Financial Costs	30 000	19 000	23 000
Financial Balance	−30 000	−19 000	−23 000
Earnings Before Tax	223 000	−179 000	−102 000
Tax	0	0	0
Net Income	223 000	−179 000	−102 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	956 000	811 000	1 022 000
Total Assets	956 000	811 000	1 022 000
Total Retained Equity	−58 000	−281 000	−102 000
Total Equity	−34 000	−257 000	−78 000
Total Long-Term Debt	155 000	402 000	468 000
Total Current Debt	835 000	665 000	632 000
Total Equity and Debt	956 000	811 000	1 022 000

Cash flow (NOK)	2022	2021	2020
Sales Income	893 000	945 000	966 000
Other Income	0	0	0
Revenue	893 000	945 000	966 000
Cost of Goods Sold	265 000	385 000	569 000
Salary Costs	63 000	394 000	103 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	638 000	1 105 000	1 045 000
Operating Profit	253 000	−161 000	−79 000
Financial Income	0	0	0
Financial Costs	30 000	19 000	23 000
Financial Balance	−30 000	−19 000	−23 000
Dividends	0	0	0
Net Income	223 000	−179 000	−102 000

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	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	801 000	449 000	537 000
Total Investments	0	0	0
Cash, Bank	142 000	357 000	471 000
Total Current Assets	956 000	811 000	1 022 000
Total Assets	956 000	811 000	1 022 000
Total Equity	−34 000	−257 000	−78 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	155 000	402 000	468 000
Creditors	4 000	5 000	255 000
Unpaid Taxes	69 000	52 000	25 000
Dividends	0	0	0
Other Current Debt	763 000	608 000	352 000
Total Current Debt	835 000	665 000	632 000
Total Equity and Debt	956 000	811 000	1 022 000

Financial indicators	2022	2021	2020
Return on Equity	−655,88 %	69,65 %	130,77 %
Debt-to-Equity Ratio	−4,56	−1,56	−6
Operating Profit Margin	28,33 %	−17,04 %	−8,18 %
Current Ratio	1,14	1,22	1,62
Quick Ratio	28,12	3,75	10,76
Equity Ratio	−0,04	−0,32	−0,08
Gross Profit Margin	70,32 %	59,26 %	41,1 %