MITTET AS

6037 EIDSNES

Finances

Return on Equity

125,89 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	166 321 000	99 814 000	130 073 000	45 123 000
Net Income	32 796 000	13 424 000	24 799 000	5 740 000
Total Assets	66 812 000	49 951 000	53 231 000	36 753 000
Total Equity	26 051 000	28 345 000	25 647 000	23 449 000

Income (NOK)	2022	2021	2020	2019
Revenue	166 321 000	99 814 000	130 073 000	45 123 000
Expenditure	125 946 000	83 554 000	98 775 000	44 129 000
Operating Profit	40 376 000	16 237 000	31 190 000	965 000
Financial Income	2 744 000	1 326 000	1 975 000	6 444 000
Financial Costs	1 692 000	766 000	1 865 000	231 000
Financial Balance	1 052 000	560 000	110 000	6 213 000
Earnings Before Tax	41 428 000	16 797 000	31 300 000	7 177 000
Tax	8 632 000	3 374 000	6 501 000	1 437 000
Net Income	32 796 000	13 424 000	24 799 000	5 740 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 454 000	5 400 000	8 911 000	4 749 000
Total Current Assets	60 358 000	44 551 000	44 320 000	32 004 000
Total Assets	66 812 000	49 951 000	53 231 000	36 753 000
Total Retained Equity	17 053 000	19 347 000	16 648 000	14 451 000
Total Equity	26 051 000	28 345 000	25 647 000	23 449 000
Total Long-Term Debt	124 000	170 000	0	0
Total Current Debt	40 636 000	21 436 000	27 584 000	13 303 000
Total Equity and Debt	66 812 000	49 951 000	53 231 000	36 753 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	165 490 000	99 275 000	129 672 000	42 796 000
Other Income	831 000	538 000	402 000	2 327 000
Revenue	166 321 000	99 814 000	130 073 000	45 123 000
Cost of Goods Sold	90 048 000	49 665 000	69 038 000	20 589 000
Salary Costs	23 018 000	21 608 000	18 171 000	14 521 000
Depreciation	916 000	1 445 000	1 732 000	1 238 000
Impairment	0	0	0	0
Expenditure	125 946 000	83 554 000	98 775 000	44 129 000
Operating Profit	40 376 000	16 237 000	31 190 000	965 000
Financial Income	2 744 000	1 326 000	1 975 000	6 444 000
Financial Costs	1 692 000	766 000	1 865 000	231 000
Financial Balance	1 052 000	560 000	110 000	6 213 000
Dividends	26 000 000	10 000 000	16 000 000	750 000
Net Income	32 796 000	13 424 000	24 799 000	5 740 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	546 000	470 000	532 000	419 000
Real Eastate	1 910 000	1 991 000	2 592 000	1 590 000
Machinery and Plant Facilities	3 145 000	2 307 000	1 741 000	1 885 000
Fixtures	0	0	0	488 000
Total Tangible Assets	5 055 000	4 299 000	4 333 000	3 964 000
Total Fiancial Fixed Assets	853 000	632 000	4 046 000	366 000
Total Fixed Assets	6 454 000	5 400 000	8 911 000	4 749 000
Stock	15 890 000	15 449 000	14 338 000	6 080 000
Total Investments	0	0	0	0
Cash, Bank	29 846 000	2 963 000	11 888 000	2 356 000
Total Current Assets	60 358 000	44 551 000	44 320 000	32 004 000
Total Assets	66 812 000	49 951 000	53 231 000	36 753 000
Total Equity	26 051 000	28 345 000	25 647 000	23 449 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	124 000	170 000	0	0
Creditors	1 557 000	1 471 000	724 000	1 621 000
Unpaid Taxes	2 313 000	2 509 000	2 593 000	2 139 000
Dividends	26 000 000	10 000 000	16 000 000	750 000
Other Current Debt	2 416 000	2 461 000	2 092 000	2 424 000
Total Current Debt	40 636 000	21 436 000	27 584 000	13 303 000
Total Equity and Debt	66 812 000	49 951 000	53 231 000	36 753 000

Financial indicators	2022	2021	2020	2019
Return on Equity	125,89 %	47,36 %	96,69 %	24,48 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	24,28 %	16,27 %	23,98 %	2,14 %
Current Ratio	1,49	2,08	1,61	2,41
Quick Ratio	2,44	7,44	3,35	4,43
Equity Ratio	0,39	0,57	0,48	0,64
Gross Profit Margin	45,86 %	50,24 %	46,92 %	54,37 %