MINDÅS III BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

−34,06 %

Current Ratio

25,85

Debt-to-Equity Ratio

−5,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 065 000	1 065 000	1 014 000	912 000
Net Income	219 000	158 000	−1 818 000	45 000
Total Assets	3 079 000	3 204 000	3 155 000	2 689 000
Total Equity	−643 000	−862 000	−1 020 000	798 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 065 000	1 065 000	1 014 000	912 000
Expenditure	791 000	820 000	694 000	803 000
Operating Profit	274 000	205 000	−1 763 000	63 000
Financial Income	24 000	3 000	8 000	18 000
Financial Costs	79 000	50 000	64 000	37 000
Financial Balance	−55 000	−47 000	−56 000	−19 000
Earnings Before Tax	219 000	199 000	264 000	90 000
Tax	0	0	0	0
Net Income	219 000	158 000	−1 818 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 400 000	1 400 000	1 400 000	1 400 000
Total Current Assets	1 680 000	1 804 000	1 755 000	1 289 000
Total Assets	3 079 000	3 204 000	3 155 000	2 689 000
Total Retained Equity	−643 000	−862 000	−1 020 000	798 000
Total Equity	−643 000	−862 000	−1 020 000	798 000
Total Long-Term Debt	3 657 000	3 849 000	4 049 000	1 751 000
Total Current Debt	65 000	217 000	126 000	140 000
Total Equity and Debt	3 079 000	3 204 000	3 155 000	2 689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 065 000	1 065 000	1 014 000	912 000
Revenue	1 065 000	1 065 000	1 014 000	912 000
Cost of Goods Sold	0	0	0	0
Salary Costs	177 000	143 000	154 000	97 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	791 000	820 000	694 000	803 000
Operating Profit	274 000	205 000	−1 763 000	63 000
Financial Income	24 000	3 000	8 000	18 000
Financial Costs	79 000	50 000	64 000	37 000
Financial Balance	−55 000	−47 000	−56 000	−19 000
Dividends	0	0	0	0
Net Income	219 000	158 000	−1 818 000	45 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 400 000	1 400 000	1 400 000	1 400 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 400 000	1 400 000	1 400 000	1 400 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 400 000	1 400 000	1 400 000	1 400 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 567 000	1 685 000	1 635 000	1 174 000
Total Current Assets	1 680 000	1 804 000	1 755 000	1 289 000
Total Assets	3 079 000	3 204 000	3 155 000	2 689 000
Total Equity	−643 000	−862 000	−1 020 000	798 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 657 000	3 849 000	4 049 000	1 751 000
Creditors	60 000	213 000	122 000	140 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	4 000	4 000	0
Total Current Debt	65 000	217 000	126 000	140 000
Total Equity and Debt	3 079 000	3 204 000	3 155 000	2 689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,06 %	−18,33 %	178,24 %	5,64 %
Debt-to-Equity Ratio	−5,69	−4,47	−3,97	2,19
Operating Profit Margin	25,73 %	19,25 %	−173,87 %	6,91 %
Current Ratio	25,85	8,31	13,93	9,21
Quick Ratio	25,85	8,31	13,93	9,21
Equity Ratio	−0,21	−0,27	−0,32	0,3
Gross Profit Margin	100 %	100 %	100 %	100 %