FRED BIRGER MIKKELBORG AS

8150 ØRNES

Finances

Share Ownership

Return on Equity

40,15 %

Current Ratio

1,74

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020
Revenue	10 221 000	6 974 000	5 117 000
Net Income	3 178 000	1 972 000	989 000
Total Assets	20 176 000	14 632 000	11 948 000
Total Equity	7 915 000	4 738 000	2 766 000

Income (NOK)	2022	2021	2020
Revenue	10 221 000	6 974 000	5 117 000
Expenditure	5 869 000	4 222 000	3 591 000
Operating Profit	4 352 000	2 752 000	1 527 000
Financial Income	20 000	1 000	1 000
Financial Costs	264 000	224 000	258 000
Financial Balance	−244 000	−223 000	−257 000
Earnings Before Tax	4 108 000	2 528 000	1 270 000
Tax	930 000	556 000	281 000
Net Income	3 178 000	1 972 000	989 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	10 258 000	9 403 000	9 833 000
Total Current Assets	9 919 000	5 229 000	2 115 000
Total Assets	20 176 000	14 632 000	11 948 000
Total Retained Equity	6 139 000	2 961 000	989 000
Total Equity	7 915 000	4 738 000	2 766 000
Total Long-Term Debt	6 544 000	6 107 000	6 578 000
Total Current Debt	5 717 000	3 787 000	2 604 000
Total Equity and Debt	20 176 000	14 632 000	11 948 000

Cash flow (NOK)	2022	2021	2020
Sales Income	10 093 000	6 882 000	5 066 000
Other Income	129 000	92 000	51 000
Revenue	10 221 000	6 974 000	5 117 000
Cost of Goods Sold	74 000	55 000	41 000
Salary Costs	3 620 000	2 521 000	1 968 000
Depreciation	453 000	430 000	430 000
Impairment	0	0	0
Expenditure	5 869 000	4 222 000	3 591 000
Operating Profit	4 352 000	2 752 000	1 527 000
Financial Income	20 000	1 000	1 000
Financial Costs	264 000	224 000	258 000
Financial Balance	−244 000	−223 000	−257 000
Dividends	0	0	0
Net Income	3 178 000	1 972 000	989 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 400 000	1 400 000	1 400 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	13 000	30 000	47 000
Total Tangible Assets	8 858 000	8 003 000	8 433 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	10 258 000	9 403 000	9 833 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	9 843 000	5 157 000	2 046 000
Total Current Assets	9 919 000	5 229 000	2 115 000
Total Assets	20 176 000	14 632 000	11 948 000
Total Equity	7 915 000	4 738 000	2 766 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	6 544 000	6 107 000	6 578 000
Creditors	75 000	0	75 000
Unpaid Taxes	1 589 000	1 326 000	809 000
Dividends	0	0	0
Other Current Debt	3 225 000	2 000 000	1 569 000
Total Current Debt	5 717 000	3 787 000	2 604 000
Total Equity and Debt	20 176 000	14 632 000	11 948 000

Financial indicators	2022	2021	2020
Return on Equity	40,15 %	41,62 %	35,76 %
Debt-to-Equity Ratio	0,83	1,29	2,38
Operating Profit Margin	42,58 %	39,46 %	29,84 %
Current Ratio	1,74	1,38	0,81
Quick Ratio	1,74	1,38	0,81
Equity Ratio	0,39	0,32	0,23
Gross Profit Margin	99,28 %	99,21 %	99,2 %