MILDEF AS

0667 OSLO

Finances

Share Ownership

Return on Equity

−8,9 %

Current Ratio

1,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	64 047 000	38 313 000	111 988 000	77 566 000
Net Income	−1 180 000	−4 034 000	7 011 000	8 398 000
Total Assets	44 062 000	22 122 000	39 411 000	59 662 000
Total Equity	13 254 000	13 370 000	13 414 000	6 403 000

Income (NOK)	2022	2021	2020	2019
Revenue	64 047 000	38 313 000	111 988 000	77 566 000
Expenditure	65 440 000	43 615 000	102 908 000	66 420 000
Operating Profit	−1 394 000	−5 302 000	9 080 000	11 146 000
Financial Income	1 000	196 000	77 000	0
Financial Costs	95 000	58 000	158 000	370 000
Financial Balance	−94 000	138 000	−81 000	−370 000
Earnings Before Tax	−1 487 000	−5 164 000	8 998 000	10 776 000
Tax	−307 000	−1 130 000	1 987 000	2 378 000
Net Income	−1 180 000	−4 034 000	7 011 000	8 398 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	101 000	182 000	274 000	47 000
Total Current Assets	43 961 000	21 940 000	39 137 000	59 615 000
Total Assets	44 062 000	22 122 000	39 411 000	59 662 000
Total Retained Equity	13 144 000	13 261 000	13 305 000	6 293 000
Total Equity	13 254 000	13 370 000	13 414 000	6 403 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	30 808 000	8 751 000	25 997 000	53 260 000
Total Equity and Debt	44 062 000	22 122 000	39 411 000	59 662 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	64 047 000	38 313 000	111 958 000	77 566 000
Other Income	0	0	30 000	0
Revenue	64 047 000	38 313 000	111 988 000	77 566 000
Cost of Goods Sold	51 227 000	29 855 000	87 715 000	55 879 000
Salary Costs	6 805 000	6 774 000	6 638 000	4 718 000
Depreciation	88 000	97 000	59 000	15 000
Impairment	0	0	0	0
Expenditure	65 440 000	43 615 000	102 908 000	66 420 000
Operating Profit	−1 394 000	−5 302 000	9 080 000	11 146 000
Financial Income	1 000	196 000	77 000	0
Financial Costs	95 000	58 000	158 000	370 000
Financial Balance	−94 000	138 000	−81 000	−370 000
Dividends	0	0	0	0
Net Income	−1 180 000	−4 034 000	7 011 000	8 398 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	8 000	3 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	86 000	173 000	271 000	33 000
Total Tangible Assets	86 000	173 000	271 000	33 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	101 000	182 000	274 000	47 000
Stock	2 112 000	484 000	172 000	5 000
Total Investments	0	0	0	0
Cash, Bank	5 823 000	9 988 000	38 348 000	4 724 000
Total Current Assets	43 961 000	21 940 000	39 137 000	59 615 000
Total Assets	44 062 000	22 122 000	39 411 000	59 662 000
Total Equity	13 254 000	13 370 000	13 414 000	6 403 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	21 607 000	5 205 000	644 000	36 831 000
Unpaid Taxes	8 265 000	2 848 000	20 893 000	12 554 000
Dividends	0	0	0	0
Other Current Debt	936 000	698 000	2 484 000	2 896 000
Total Current Debt	30 808 000	8 751 000	25 997 000	53 260 000
Total Equity and Debt	44 062 000	22 122 000	39 411 000	59 662 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,9 %	−30,17 %	52,27 %	131,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,18 %	−13,84 %	8,11 %	14,37 %
Current Ratio	1,43	2,51	1,51	1,12
Quick Ratio	1,53	2,65	1,52	1,12
Equity Ratio	0,3	0,6	0,34	0,11
Gross Profit Margin	20,02 %	22,08 %	21,67 %	27,96 %