MINEL SKOGVANG INSTALLASJON AS

2651 ØSTRE GAUSDAL

Finances

Return on Equity

16,4 %

Current Ratio

1,72

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	59 163 000	55 312 000	58 854 000	62 766 000
Net Income	1 963 000	632 000	85 000	2 821 000
Total Assets	27 590 000	26 925 000	30 326 000	29 843 000
Total Equity	11 973 000	11 973 000	14 421 000	17 416 000

Income (NOK)	2022	2021	2020	2019
Revenue	59 163 000	55 312 000	58 854 000	62 766 000
Expenditure	55 940 000	54 552 000	58 639 000	63 941 000
Operating Profit	3 221 000	761 000	214 000	−3 585 000
Financial Income	55 000	53 000	94 000	5 670 000
Financial Costs	590 000	3 000	159 000	59 000
Financial Balance	−535 000	50 000	−65 000	5 611 000
Earnings Before Tax	2 687 000	810 000	149 000	2 026 000
Tax	724 000	178 000	64 000	−795 000
Net Income	1 963 000	632 000	85 000	2 821 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	737 000	1 912 000	2 012 000	2 348 000
Total Current Assets	26 854 000	25 013 000	28 314 000	27 495 000
Total Assets	27 590 000	26 925 000	30 326 000	29 843 000
Total Retained Equity	11 073 000	11 073 000	13 521 000	16 516 000
Total Equity	11 973 000	11 973 000	14 421 000	17 416 000
Total Long-Term Debt	0	0	0	651 000
Total Current Debt	15 618 000	14 953 000	15 905 000	11 777 000
Total Equity and Debt	27 590 000	26 925 000	30 326 000	29 843 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	59 163 000	55 312 000	58 671 000	61 461 000
Other Income	0	0	182 000	1 304 000
Revenue	59 163 000	55 312 000	58 854 000	62 766 000
Cost of Goods Sold	23 233 000	22 939 000	22 817 000	23 717 000
Salary Costs	24 574 000	23 769 000	27 906 000	29 990 000
Depreciation	20 000	25 000	50 000	232 000
Impairment	0	0	0	0
Expenditure	55 940 000	54 552 000	58 639 000	63 941 000
Operating Profit	3 221 000	761 000	214 000	−3 585 000
Financial Income	55 000	53 000	94 000	5 670 000
Financial Costs	590 000	3 000	159 000	59 000
Financial Balance	−535 000	50 000	−65 000	5 611 000
Dividends	1 963 000	3 080 000	3 080 000	0
Net Income	1 963 000	632 000	85 000	2 821 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	85 000	673 000	851 000	915 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	51 000
Fixtures	157 000	177 000	99 000	104 000
Total Tangible Assets	157 000	177 000	99 000	155 000
Total Fiancial Fixed Assets	495 000	1 063 000	1 063 000	1 278 000
Total Fixed Assets	737 000	1 912 000	2 012 000	2 348 000
Stock	3 494 000	3 828 000	4 260 000	5 697 000
Total Investments	0	0	0	0
Cash, Bank	919 000	936 000	1 252 000	10 568 000
Total Current Assets	26 854 000	25 013 000	28 314 000	27 495 000
Total Assets	27 590 000	26 925 000	30 326 000	29 843 000
Total Equity	11 973 000	11 973 000	14 421 000	17 416 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	651 000
Creditors	5 167 000	5 499 000	4 457 000	5 241 000
Unpaid Taxes	4 191 000	3 031 000	5 235 000	3 617 000
Dividends	1 963 000	3 080 000	3 080 000	0
Other Current Debt	4 161 000	3 343 000	3 133 000	2 918 000
Total Current Debt	15 618 000	14 953 000	15 905 000	11 777 000
Total Equity and Debt	27 590 000	26 925 000	30 326 000	29 843 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,4 %	5,28 %	0,59 %	16,2 %
Debt-to-Equity Ratio	0	0	0	0,04
Operating Profit Margin	5,44 %	1,38 %	0,36 %	−5,71 %
Current Ratio	1,72	1,67	1,78	2,33
Quick Ratio	2,21	2,25	2,43	4,52
Equity Ratio	0,43	0,44	0,48	0,58
Gross Profit Margin	60,73 %	58,53 %	61,23 %	62,21 %