MINDÅS II BORETTSLAG

3717 SKIEN

Finances

Share Ownership

Return on Equity

242,48 %

Current Ratio

12,99

Debt-to-Equity Ratio

23,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 119 000	1 035 000	946 000	976 000
Net Income	274 000	257 000	256 000	224 000
Total Assets	2 866 000	2 810 000	2 768 000	1 949 000
Total Equity	113 000	−161 000	−418 000	−674 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 119 000	1 035 000	946 000	976 000
Expenditure	812 000	727 000	525 000	664 000
Operating Profit	306 000	284 000	294 000	274 000
Financial Income	28 000	21 000	8 000	11 000
Financial Costs	60 000	48 000	46 000	61 000
Financial Balance	−32 000	−27 000	−38 000	−50 000
Earnings Before Tax	274 000	281 000	384 000	262 000
Tax	0	0	0	0
Net Income	274 000	257 000	256 000	224 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 853 000	1 853 000	1 219 000	1 219 000
Total Current Assets	1 013 000	957 000	1 548 000	730 000
Total Assets	2 866 000	2 810 000	2 768 000	1 949 000
Total Retained Equity	113 000	−161 000	−418 000	−674 000
Total Equity	113 000	−161 000	−418 000	−674 000
Total Long-Term Debt	2 675 000	2 895 000	3 117 000	2 563 000
Total Current Debt	78 000	76 000	68 000	60 000
Total Equity and Debt	2 866 000	2 810 000	2 768 000	1 949 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 119 000	1 035 000	946 000	976 000
Revenue	1 119 000	1 035 000	946 000	976 000
Cost of Goods Sold	0	0	0	0
Salary Costs	74 000	46 000	40 000	41 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	812 000	727 000	525 000	664 000
Operating Profit	306 000	284 000	294 000	274 000
Financial Income	28 000	21 000	8 000	11 000
Financial Costs	60 000	48 000	46 000	61 000
Financial Balance	−32 000	−27 000	−38 000	−50 000
Dividends	0	0	0	0
Net Income	274 000	257 000	256 000	224 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 853 000	1 853 000	1 219 000	1 219 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 853 000	1 853 000	1 219 000	1 219 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 853 000	1 853 000	1 219 000	1 219 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	965 000	586 000	1 402 000	586 000
Total Current Assets	1 013 000	957 000	1 548 000	730 000
Total Assets	2 866 000	2 810 000	2 768 000	1 949 000
Total Equity	113 000	−161 000	−418 000	−674 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 675 000	2 895 000	3 117 000	2 563 000
Creditors	74 000	69 000	60 000	56 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	6 000	9 000	5 000
Total Current Debt	78 000	76 000	68 000	60 000
Total Equity and Debt	2 866 000	2 810 000	2 768 000	1 949 000

Financial indicators	2022	2021	2020	2019
Return on Equity	242,48 %	−159,63 %	−61,24 %	−33,23 %
Debt-to-Equity Ratio	23,67	−17,98	−7,46	−3,8
Operating Profit Margin	27,35 %	27,44 %	31,08 %	28,07 %
Current Ratio	12,99	12,59	22,76	12,17
Quick Ratio	12,99	12,59	22,76	12,17
Equity Ratio	0,04	−0,06	−0,15	−0,35
Gross Profit Margin	100 %	100 %	100 %	100 %