MINDE SNEKKERI AS

5073 BERGEN

Finances

Return on Equity

14,17 %

Current Ratio

2,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 929 000	23 484 000	19 627 000	18 335 000
Net Income	2 064 000	1 493 000	1 521 000	1 423 000
Total Assets	20 623 000	17 707 000	16 327 000	14 603 000
Total Equity	14 562 000	12 798 000	11 604 000	10 384 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 929 000	23 484 000	19 627 000	18 335 000
Expenditure	25 262 000	22 142 000	17 720 000	17 161 000
Operating Profit	2 619 000	1 891 000	1 888 000	1 746 000
Financial Income	28 000	24 000	64 000	84 000
Financial Costs	0	0	0	3 000
Financial Balance	28 000	24 000	64 000	81 000
Earnings Before Tax	2 647 000	1 914 000	1 952 000	1 827 000
Tax	582 000	421 000	431 000	404 000
Net Income	2 064 000	1 493 000	1 521 000	1 423 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 470 000	5 715 000	5 635 000	881 000
Total Current Assets	15 153 000	11 991 000	10 692 000	13 722 000
Total Assets	20 623 000	17 707 000	16 327 000	14 603 000
Total Retained Equity	14 462 000	12 698 000	11 504 000	10 284 000
Total Equity	14 562 000	12 798 000	11 604 000	10 384 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 061 000	4 909 000	4 723 000	4 219 000
Total Equity and Debt	20 623 000	17 707 000	16 327 000	14 603 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 929 000	23 484 000	19 627 000	18 335 000
Other Income	0	0	0	0
Revenue	26 929 000	23 484 000	19 627 000	18 335 000
Cost of Goods Sold	10 920 000	9 912 000	5 867 000	5 648 000
Salary Costs	10 550 000	8 817 000	8 807 000	8 453 000
Depreciation	262 000	277 000	255 000	366 000
Impairment	0	0	0	0
Expenditure	25 262 000	22 142 000	17 720 000	17 161 000
Operating Profit	2 619 000	1 891 000	1 888 000	1 746 000
Financial Income	28 000	24 000	64 000	84 000
Financial Costs	0	0	0	3 000
Financial Balance	28 000	24 000	64 000	81 000
Dividends	300 000	300 000	300 000	300 000
Net Income	2 064 000	1 493 000	1 521 000	1 423 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	130 000	113 000	109 000	110 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	113 000	542 000	420 000	630 000
Fixtures	217 000	51 000	96 000	141 000
Total Tangible Assets	330 000	592 000	516 000	771 000
Total Fiancial Fixed Assets	5 010 000	5 010 000	5 010 000	0
Total Fixed Assets	5 470 000	5 715 000	5 635 000	881 000
Stock	3 293 000	2 340 000	1 792 000	1 494 000
Total Investments	0	0	0	0
Cash, Bank	6 462 000	4 986 000	5 407 000	8 520 000
Total Current Assets	15 153 000	11 991 000	10 692 000	13 722 000
Total Assets	20 623 000	17 707 000	16 327 000	14 603 000
Total Equity	14 562 000	12 798 000	11 604 000	10 384 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 318 000	1 067 000	773 000	575 000
Unpaid Taxes	2 087 000	1 508 000	1 522 000	1 300 000
Dividends	300 000	300 000	300 000	300 000
Other Current Debt	1 873 000	1 909 000	1 997 000	1 925 000
Total Current Debt	6 061 000	4 909 000	4 723 000	4 219 000
Total Equity and Debt	20 623 000	17 707 000	16 327 000	14 603 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,17 %	11,67 %	13,11 %	13,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,73 %	8,05 %	9,62 %	9,52 %
Current Ratio	2,5	2,44	2,26	3,25
Quick Ratio	5,47	4,67	3,65	5,04
Equity Ratio	0,71	0,72	0,71	0,71
Gross Profit Margin	59,45 %	57,79 %	70,11 %	69,2 %