MIFO RAUMA AS

6300 ÅNDALSNES

Finances

Return on Equity

22,08 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 347 000	9 080 000	7 296 000	7 428 000
Net Income	353 000	79 000	−249 000	60 000
Total Assets	4 355 000	5 414 000	3 455 000	3 156 000
Total Equity	1 599 000	1 447 000	1 368 000	1 617 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 347 000	9 080 000	7 296 000	7 428 000
Expenditure	10 963 000	9 033 000	7 666 000	7 399 000
Operating Profit	384 000	46 000	−370 000	28 000
Financial Income	57 000	45 000	43 000	42 000
Financial Costs	0	0	1 000	1 000
Financial Balance	57 000	45 000	42 000	41 000
Earnings Before Tax	440 000	91 000	−328 000	69 000
Tax	88 000	12 000	−79 000	9 000
Net Income	353 000	79 000	−249 000	60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	701 000	876 000	276 000	171 000
Total Current Assets	3 654 000	4 537 000	3 179 000	2 985 000
Total Assets	4 355 000	5 414 000	3 455 000	3 156 000
Total Retained Equity	1 499 000	1 347 000	1 268 000	1 517 000
Total Equity	1 599 000	1 447 000	1 368 000	1 617 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 755 000	3 967 000	2 087 000	1 539 000
Total Equity and Debt	4 355 000	5 414 000	3 455 000	3 156 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 303 000	9 077 000	7 291 000	7 428 000
Other Income	44 000	3 000	5 000	0
Revenue	11 347 000	9 080 000	7 296 000	7 428 000
Cost of Goods Sold	3 446 000	3 500 000	2 666 000	2 413 000
Salary Costs	5 537 000	4 137 000	3 921 000	3 822 000
Depreciation	164 000	88 000	9 000	7 000
Impairment	0	0	0	0
Expenditure	10 963 000	9 033 000	7 666 000	7 399 000
Operating Profit	384 000	46 000	−370 000	28 000
Financial Income	57 000	45 000	43 000	42 000
Financial Costs	0	0	1 000	1 000
Financial Balance	57 000	45 000	42 000	41 000
Dividends	200 000	0	0	50 000
Net Income	353 000	79 000	−249 000	60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	105 000	135 000	0	0
Total Intangible Assets	156 000	274 000	151 000	72 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	19 000	26 000	33 000	0
Fixtures	448 000	499 000	15 000	22 000
Total Tangible Assets	467 000	525 000	48 000	22 000
Total Fiancial Fixed Assets	77 000	77 000	77 000	77 000
Total Fixed Assets	701 000	876 000	276 000	171 000
Stock	1 300 000	1 225 000	660 000	735 000
Total Investments	0	0	0	0
Cash, Bank	1 180 000	774 000	197 000	842 000
Total Current Assets	3 654 000	4 537 000	3 179 000	2 985 000
Total Assets	4 355 000	5 414 000	3 455 000	3 156 000
Total Equity	1 599 000	1 447 000	1 368 000	1 617 000
Short-Term Group Debt	726 000	2 270 000	835 000	451 000
Total Long-Term Debt	0	0	0	0
Creditors	528 000	529 000	309 000	140 000
Unpaid Taxes	742 000	794 000	552 000	544 000
Dividends	200 000	0	0	50 000
Other Current Debt	560 000	374 000	391 000	348 000
Total Current Debt	2 755 000	3 967 000	2 087 000	1 539 000
Total Equity and Debt	4 355 000	5 414 000	3 455 000	3 156 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,08 %	5,46 %	−18,2 %	3,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,38 %	0,51 %	−5,07 %	0,38 %
Current Ratio	1,33	1,14	1,52	1,94
Quick Ratio	2,51	1,65	2,23	3,71
Equity Ratio	0,37	0,27	0,4	0,51
Gross Profit Margin	69,63 %	61,45 %	63,46 %	67,51 %