MILLA ART AS

0252 OSLO

Finances

Share Ownership

Return on Equity

850 %

Current Ratio

0,37

Debt-to-Equity Ratio

21,57

Key figures (NOK)	2022	2021	2020
Revenue	5 747 000	6 085 000	2 151 000
Net Income	255 000	409 000	473 000
Total Assets	2 583 000	2 368 000	1 326 000
Total Equity	30 000	30 000	34 000

Income (NOK)	2022	2021	2020
Revenue	5 747 000	6 085 000	2 151 000
Expenditure	5 346 000	5 570 000	1 554 000
Operating Profit	401 000	514 000	597 000
Financial Income	23 000	34 000	16 000
Financial Costs	98 000	24 000	5 000
Financial Balance	−75 000	10 000	11 000
Earnings Before Tax	326 000	524 000	607 000
Tax	72 000	116 000	134 000
Net Income	255 000	409 000	473 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 880 000	1 624 000	164 000
Total Current Assets	704 000	745 000	1 161 000
Total Assets	2 583 000	2 368 000	1 326 000
Total Retained Equity	−7 000	−5 000	4 000
Total Equity	30 000	30 000	34 000
Total Long-Term Debt	647 000	385 000	−335 000
Total Current Debt	1 906 000	1 953 000	1 627 000
Total Equity and Debt	2 583 000	2 368 000	1 326 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 502 000	5 452 000	2 151 000
Other Income	245 000	632 000	0
Revenue	5 747 000	6 085 000	2 151 000
Cost of Goods Sold	2 645 000	2 956 000	1 112 000
Salary Costs	1 560 000	1 610 000	284 000
Depreciation	13 000	15 000	5 000
Impairment	0	0	0
Expenditure	5 346 000	5 570 000	1 554 000
Operating Profit	401 000	514 000	597 000
Financial Income	23 000	34 000	16 000
Financial Costs	98 000	24 000	5 000
Financial Balance	−75 000	10 000	11 000
Dividends	0	0	0
Net Income	255 000	409 000	473 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	3 000	1 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	13 000	27 000
Total Tangible Assets	0	13 000	27 000
Total Fiancial Fixed Assets	1 876 000	1 610 000	137 000
Total Fixed Assets	1 880 000	1 624 000	164 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	495 000	403 000	1 121 000
Total Current Assets	704 000	745 000	1 161 000
Total Assets	2 583 000	2 368 000	1 326 000
Total Equity	30 000	30 000	34 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	647 000	385 000	−335 000
Creditors	765 000	990 000	440 000
Unpaid Taxes	469 000	575 000	456 000
Dividends	0	0	0
Other Current Debt	322 000	388 000	731 000
Total Current Debt	1 906 000	1 953 000	1 627 000
Total Equity and Debt	2 583 000	2 368 000	1 326 000

Financial indicators	2022	2021	2020
Return on Equity	850 %	1 363,33 %	1 391,18 %
Debt-to-Equity Ratio	21,57	12,83	−9,85
Operating Profit Margin	6,98 %	8,45 %	27,75 %
Current Ratio	0,37	0,38	0,71
Quick Ratio	0,37	0,38	0,71
Equity Ratio	0,01	0,01	0,03
Gross Profit Margin	53,98 %	51,42 %	48,3 %