MINEL ELEKTRIKER'N AS

2850 LENA

Finances

Share Ownership

Return on Equity

41,58 %

Current Ratio

1,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 821 000	15 904 000	18 996 000	19 687 000
Net Income	644 000	815 000	675 000	1 989 000
Total Assets	5 188 000	6 194 000	8 030 000	8 349 000
Total Equity	1 549 000	1 549 000	2 008 000	3 115 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 821 000	15 904 000	18 996 000	19 687 000
Expenditure	13 996 000	14 861 000	18 131 000	18 939 000
Operating Profit	825 000	1 043 000	865 000	749 000
Financial Income	0	2 000	0	1 408 000
Financial Costs	−1 000	0	0	−1 000
Financial Balance	1 000	2 000	0	1 409 000
Earnings Before Tax	826 000	1 045 000	865 000	2 158 000
Tax	182 000	230 000	190 000	169 000
Net Income	644 000	815 000	675 000	1 989 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	34 000	35 000	102 000
Total Current Assets	5 158 000	6 160 000	7 995 000	8 247 000
Total Assets	5 188 000	6 194 000	8 030 000	8 349 000
Total Retained Equity	1 349 000	1 349 000	1 808 000	2 915 000
Total Equity	1 549 000	1 549 000	2 008 000	3 115 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 639 000	4 646 000	6 022 000	5 234 000
Total Equity and Debt	5 188 000	6 194 000	8 030 000	8 349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 821 000	15 904 000	18 957 000	19 687 000
Other Income	0	0	39 000	0
Revenue	14 821 000	15 904 000	18 996 000	19 687 000
Cost of Goods Sold	5 202 000	5 330 000	7 377 000	7 554 000
Salary Costs	6 765 000	7 357 000	8 314 000	8 924 000
Depreciation	0	0	0	39 000
Impairment	0	0	0	0
Expenditure	13 996 000	14 861 000	18 131 000	18 939 000
Operating Profit	825 000	1 043 000	865 000	749 000
Financial Income	0	2 000	0	1 408 000
Financial Costs	−1 000	0	0	−1 000
Financial Balance	1 000	2 000	0	1 409 000
Dividends	644 000	1 275 000	1 782 000	1 900 000
Net Income	644 000	815 000	675 000	1 989 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	34 000	35 000	41 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	61 000
Total Tangible Assets	0	0	0	61 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	34 000	35 000	102 000
Stock	1 461 000	1 640 000	1 229 000	1 432 000
Total Investments	0	0	0	0
Cash, Bank	275 000	263 000	367 000	340 000
Total Current Assets	5 158 000	6 160 000	7 995 000	8 247 000
Total Assets	5 188 000	6 194 000	8 030 000	8 349 000
Total Equity	1 549 000	1 549 000	2 008 000	3 115 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 071 000	1 361 000	1 605 000	1 254 000
Unpaid Taxes	672 000	812 000	1 245 000	1 071 000
Dividends	644 000	1 275 000	1 782 000	1 900 000
Other Current Debt	1 074 000	969 000	1 205 000	847 000
Total Current Debt	3 639 000	4 646 000	6 022 000	5 234 000
Total Equity and Debt	5 188 000	6 194 000	8 030 000	8 349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,58 %	52,61 %	33,62 %	63,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,57 %	6,56 %	4,55 %	3,8 %
Current Ratio	1,42	1,33	1,33	1,58
Quick Ratio	2,37	2,05	1,67	2,17
Equity Ratio	0,3	0,25	0,25	0,37
Gross Profit Margin	64,9 %	66,49 %	61,17 %	61,63 %