MINDÅS I BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

26,49 %

Current Ratio

10,77

Debt-to-Equity Ratio

2,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	922 000	929 000	885 000	866 000
Net Income	276 000	390 000	157 000	272 000
Total Assets	3 290 000	3 309 000	3 176 000	3 270 000
Total Equity	1 042 000	767 000	376 000	220 000

Income (NOK)	2022	2021	2020	2019
Revenue	922 000	929 000	885 000	866 000
Expenditure	627 000	510 000	686 000	533 000
Operating Profit	295 000	412 000	196 000	314 000
Financial Income	11 000	1 000	6 000	13 000
Financial Costs	31 000	23 000	46 000	55 000
Financial Balance	−20 000	−22 000	−40 000	−42 000
Earnings Before Tax	276 000	397 000	159 000	291 000
Tax	0	0	0	0
Net Income	276 000	390 000	157 000	272 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 590 000	2 590 000	2 590 000	2 592 000
Total Current Assets	700 000	718 000	585 000	678 000
Total Assets	3 290 000	3 309 000	3 176 000	3 270 000
Total Retained Equity	1 042 000	767 000	376 000	220 000
Total Equity	1 042 000	767 000	376 000	220 000
Total Long-Term Debt	2 183 000	2 443 000	2 706 000	2 959 000
Total Current Debt	65 000	99 000	93 000	92 000
Total Equity and Debt	3 290 000	3 309 000	3 176 000	3 270 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	922 000	929 000	885 000	866 000
Revenue	922 000	929 000	885 000	866 000
Cost of Goods Sold	0	0	0	0
Salary Costs	60 000	57 000	58 000	47 000
Depreciation	0	0	2 000	7 000
Impairment	0	0	0	0
Expenditure	627 000	510 000	686 000	533 000
Operating Profit	295 000	412 000	196 000	314 000
Financial Income	11 000	1 000	6 000	13 000
Financial Costs	31 000	23 000	46 000	55 000
Financial Balance	−20 000	−22 000	−40 000	−42 000
Dividends	0	0	0	0
Net Income	276 000	390 000	157 000	272 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 590 000	2 590 000	2 590 000	2 592 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 590 000	2 590 000	2 590 000	2 592 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 590 000	2 590 000	2 590 000	2 592 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	589 000	614 000	489 000	565 000
Total Current Assets	700 000	718 000	585 000	678 000
Total Assets	3 290 000	3 309 000	3 176 000	3 270 000
Total Equity	1 042 000	767 000	376 000	220 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 183 000	2 443 000	2 706 000	2 959 000
Creditors	54 000	99 000	93 000	84 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	10 000	0	0	7 000
Total Current Debt	65 000	99 000	93 000	92 000
Total Equity and Debt	3 290 000	3 309 000	3 176 000	3 270 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,49 %	50,85 %	41,76 %	123,64 %
Debt-to-Equity Ratio	2,1	3,19	7,2	13,45
Operating Profit Margin	32 %	44,35 %	22,15 %	36,26 %
Current Ratio	10,77	7,25	6,29	7,37
Quick Ratio	10,77	7,25	6,29	7,37
Equity Ratio	0,32	0,23	0,12	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %