MIND TECHNOLOGIES AS

3409 TRANBY

Finances

Share Ownership

Return on Equity

16,72 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	50 000	50 000	72 000
Net Income	51 000	49 000	54 000	50 000
Total Assets	310 000	259 000	205 000	158 000
Total Equity	305 000	254 000	205 000	151 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	50 000	50 000	72 000
Expenditure	5 000	5 000	0	22 000
Operating Profit	45 000	45 000	50 000	50 000
Financial Income	6 000	4 000	4 000	0
Financial Costs	0	0	0	0
Financial Balance	6 000	4 000	4 000	0
Earnings Before Tax	51 000	49 000	54 000	50 000
Tax	0	0	0	0
Net Income	51 000	49 000	54 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	300 000	250 000	150 000	0
Total Current Assets	10 000	9 000	55 000	158 000
Total Assets	310 000	259 000	205 000	158 000
Total Retained Equity	−445 000	−496 000	−545 000	−599 000
Total Equity	305 000	254 000	205 000	151 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 000	5 000	0	7 000
Total Equity and Debt	310 000	259 000	205 000	158 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	22 000
Other Income	50 000	50 000	50 000	50 000
Revenue	50 000	50 000	50 000	72 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	20 000
Impairment	0	0	0	0
Expenditure	5 000	5 000	0	22 000
Operating Profit	45 000	45 000	50 000	50 000
Financial Income	6 000	4 000	4 000	0
Financial Costs	0	0	0	0
Financial Balance	6 000	4 000	4 000	0
Dividends	0	0	0	0
Net Income	51 000	49 000	54 000	50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	300 000	250 000	150 000	0
Total Fixed Assets	300 000	250 000	150 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	1 000	1 000	158 000
Total Current Assets	10 000	9 000	55 000	158 000
Total Assets	310 000	259 000	205 000	158 000
Total Equity	305 000	254 000	205 000	151 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	5 000	0	7 000
Total Current Debt	5 000	5 000	0	7 000
Total Equity and Debt	310 000	259 000	205 000	158 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,72 %	19,29 %	26,34 %	33,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	90 %	90 %	100 %	69,44 %
Current Ratio	2	1,8	-	22,57
Quick Ratio	2	1,8	-	22,57
Equity Ratio	0,98	0,98	1	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %