MINOVA NORWAY NUF

0663 OSLO

Finances

Share Ownership

Return on Equity

65,74 %

Current Ratio

0,23

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	4 049 000	4 913 000	2 963 000
Net Income	−1 132 000	−346 000	−246 000
Total Assets	528 000	1 082 000	1 533 000
Total Equity	−1 722 000	−591 000	−246 000

Income (NOK)	2022	2021	2020
Revenue	4 049 000	4 913 000	2 963 000
Expenditure	5 226 000	5 161 000	3 181 000
Operating Profit	−1 178 000	−248 000	−219 000
Financial Income	56 000	0	0
Financial Costs	10 000	98 000	27 000
Financial Balance	46 000	−98 000	−27 000
Earnings Before Tax	−1 132 000	−346 000	−246 000
Tax	0	0	0
Net Income	−1 132 000	−346 000	−246 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	528 000	1 082 000	1 533 000
Total Assets	528 000	1 082 000	1 533 000
Total Retained Equity	−1 722 000	−591 000	−246 000
Total Equity	−1 722 000	−591 000	−246 000
Total Long-Term Debt	0	0	0
Total Current Debt	2 251 000	1 673 000	1 779 000
Total Equity and Debt	528 000	1 082 000	1 533 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 568 000	4 443 000	2 677 000
Other Income	481 000	469 000	286 000
Revenue	4 049 000	4 913 000	2 963 000
Cost of Goods Sold	3 202 000	3 641 000	2 089 000
Salary Costs	1 700 000	1 301 000	919 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	5 226 000	5 161 000	3 181 000
Operating Profit	−1 178 000	−248 000	−219 000
Financial Income	56 000	0	0
Financial Costs	10 000	98 000	27 000
Financial Balance	46 000	−98 000	−27 000
Dividends	0	0	0
Net Income	−1 132 000	−346 000	−246 000

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	0	0	13 000
Total Investments	0	0	0
Cash, Bank	305 000	544 000	263 000
Total Current Assets	528 000	1 082 000	1 533 000
Total Assets	528 000	1 082 000	1 533 000
Total Equity	−1 722 000	−591 000	−246 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	508 000	1 039 000	1 149 000
Unpaid Taxes	285 000	391 000	383 000
Dividends	0	0	0
Other Current Debt	1 458 000	243 000	247 000
Total Current Debt	2 251 000	1 673 000	1 779 000
Total Equity and Debt	528 000	1 082 000	1 533 000

Financial indicators	2022	2021	2020
Return on Equity	65,74 %	58,54 %	100 %
Debt-to-Equity Ratio	−0	−0	−0
Operating Profit Margin	−29,09 %	−5,05 %	−7,39 %
Current Ratio	0,23	0,65	0,86
Quick Ratio	0,23	0,65	0,87
Equity Ratio	−3,26	−0,55	−0,16
Gross Profit Margin	20,92 %	25,89 %	29,5 %