MIKAL TØNJUM ELEKTROSERVICE AS

5244 FANA

Finances

Share Ownership

Return on Equity

43,3 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 247 000	875 000	2 624 000	4 017 000
Net Income	265 000	−283 000	1 216 000	4 660 000
Total Assets	1 680 000	3 413 000	4 116 000	2 451 000
Total Equity	612 000	1 910 000	2 193 000	1 277 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 247 000	875 000	2 624 000	4 017 000
Expenditure	906 000	1 077 000	1 397 000	2 538 000
Operating Profit	342 000	−203 000	1 227 000	1 480 000
Financial Income	0	0	0	3 143 000
Financial Costs	77 000	80 000	11 000	83 000
Financial Balance	−77 000	−80 000	−11 000	3 060 000
Earnings Before Tax	265 000	−283 000	1 216 000	4 540 000
Tax	0	0	0	−120 000
Net Income	265 000	−283 000	1 216 000	4 660 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	134 000	2 470 000	2 635 000	1 649 000
Total Current Assets	1 545 000	943 000	1 481 000	801 000
Total Assets	1 680 000	3 413 000	4 116 000	2 451 000
Total Retained Equity	512 000	1 810 000	2 093 000	1 177 000
Total Equity	612 000	1 910 000	2 193 000	1 277 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 068 000	1 502 000	1 923 000	1 174 000
Total Equity and Debt	1 680 000	3 413 000	4 116 000	2 451 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	181 000	875 000	1 601 000	768 000
Other Income	1 066 000	0	1 023 000	3 249 000
Revenue	1 247 000	875 000	2 624 000	4 017 000
Cost of Goods Sold	237 000	479 000	379 000	476 000
Salary Costs	36 000	126 000	514 000	913 000
Depreciation	102 000	166 000	146 000	77 000
Impairment	0	0	0	0
Expenditure	906 000	1 077 000	1 397 000	2 538 000
Operating Profit	342 000	−203 000	1 227 000	1 480 000
Financial Income	0	0	0	3 143 000
Financial Costs	77 000	80 000	11 000	83 000
Financial Balance	−77 000	−80 000	−11 000	3 060 000
Dividends	1 000 000	0	300 000	300 000
Net Income	265 000	−283 000	1 216 000	4 660 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	2 052 000	2 094 000	1 236 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	134 000	418 000	541 000	414 000
Total Tangible Assets	134 000	2 470 000	2 635 000	1 649 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	134 000	2 470 000	2 635 000	1 649 000
Stock	120 000	280 000	431 000	392 000
Total Investments	0	0	0	0
Cash, Bank	311 000	68 000	238 000	1 000
Total Current Assets	1 545 000	943 000	1 481 000	801 000
Total Assets	1 680 000	3 413 000	4 116 000	2 451 000
Total Equity	612 000	1 910 000	2 193 000	1 277 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	50 000	275 000	248 000	79 000
Unpaid Taxes	11 000	192 000	195 000	149 000
Dividends	1 000 000	0	300 000	300 000
Other Current Debt	1 006 000	1 035 000	1 481 000	792 000
Total Current Debt	1 068 000	1 502 000	1 923 000	1 174 000
Total Equity and Debt	1 680 000	3 413 000	4 116 000	2 451 000

Financial indicators	2021	2020	2019	2018
Return on Equity	43,3 %	−14,82 %	55,45 %	364,92 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	27,43 %	−23,2 %	46,76 %	36,84 %
Current Ratio	1,45	0,63	0,77	0,68
Quick Ratio	1,63	0,77	0,99	1,02
Equity Ratio	0,36	0,56	0,53	0,52
Gross Profit Margin	80,99 %	45,26 %	85,56 %	88,15 %