MIETINEN MASKIN AS

9840 VARANGERBOTN

Finances

Share Ownership

Return on Equity

48,02 %

Current Ratio

1,24

Debt-to-Equity Ratio

4,48

Key figures (NOK)	2021	2020	2019	2018
Revenue	68 109 000	55 719 000	64 318 000	48 788 000
Net Income	2 243 000	1 528 000	1 039 000	882 000
Total Assets	51 735 000	43 058 000	33 334 000	30 987 000
Total Equity	4 671 000	3 317 000	1 789 000	4 801 000

Income (NOK)	2021	2020	2019	2018
Revenue	68 109 000	55 719 000	64 318 000	48 788 000
Expenditure	63 714 000	51 697 000	61 118 000	46 433 000
Operating Profit	4 395 000	4 022 000	3 199 000	2 355 000
Financial Income	149 000	−4 000	82 000	4 000
Financial Costs	1 911 000	2 321 000	2 243 000	1 416 000
Financial Balance	−1 762 000	−2 325 000	−2 161 000	−1 412 000
Earnings Before Tax	2 634 000	1 697 000	1 039 000	943 000
Tax	391 000	170 000	0	61 000
Net Income	2 243 000	1 528 000	1 039 000	882 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	19 379 000	17 811 000	12 831 000	11 450 000
Total Current Assets	32 357 000	25 247 000	20 503 000	19 537 000
Total Assets	51 735 000	43 058 000	33 334 000	30 987 000
Total Retained Equity	4 571 000	3 217 000	1 689 000	4 701 000
Total Equity	4 671 000	3 317 000	1 789 000	4 801 000
Total Long-Term Debt	20 916 000	21 920 000	10 911 000	11 984 000
Total Current Debt	26 148 000	17 821 000	20 634 000	14 202 000
Total Equity and Debt	51 735 000	43 058 000	33 334 000	30 987 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	66 656 000	54 803 000	64 135 000	48 788 000
Other Income	1 453 000	916 000	183 000	0
Revenue	68 109 000	55 719 000	64 318 000	48 788 000
Cost of Goods Sold	31 504 000	24 811 000	31 229 000	20 582 000
Salary Costs	15 084 000	14 828 000	15 424 000	14 290 000
Depreciation	1 774 000	1 447 000	1 145 000	971 000
Impairment	0	0	0	0
Expenditure	63 714 000	51 697 000	61 118 000	46 433 000
Operating Profit	4 395 000	4 022 000	3 199 000	2 355 000
Financial Income	149 000	−4 000	82 000	4 000
Financial Costs	1 911 000	2 321 000	2 243 000	1 416 000
Financial Balance	−1 762 000	−2 325 000	−2 161 000	−1 412 000
Dividends	0	0	4 050 000	0
Net Income	2 243 000	1 528 000	1 039 000	882 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 814 000	12 472 000	8 749 000	8 971 000
Machinery and Plant Facilities	2 489 000	1 787 000	1 596 000	865 000
Fixtures	1 487 000	2 056 000	1 834 000	879 000
Total Tangible Assets	17 790 000	16 314 000	12 179 000	10 715 000
Total Fiancial Fixed Assets	1 589 000	1 497 000	652 000	734 000
Total Fixed Assets	19 379 000	17 811 000	12 831 000	11 450 000
Stock	9 290 000	8 308 000	7 638 000	5 239 000
Total Investments	0	0	0	0
Cash, Bank	573 000	519 000	502 000	650 000
Total Current Assets	32 357 000	25 247 000	20 503 000	19 537 000
Total Assets	51 735 000	43 058 000	33 334 000	30 987 000
Total Equity	4 671 000	3 317 000	1 789 000	4 801 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 916 000	21 920 000	10 911 000	11 984 000
Creditors	16 765 000	6 833 000	9 087 000	8 958 000
Unpaid Taxes	1 791 000	1 555 000	1 160 000	2 341 000
Dividends	0	0	4 050 000	0
Other Current Debt	2 769 000	867 000	1 454 000	1 153 000
Total Current Debt	26 148 000	17 821 000	20 634 000	14 202 000
Total Equity and Debt	51 735 000	43 058 000	33 334 000	30 987 000

Financial indicators	2021	2020	2019	2018
Return on Equity	48,02 %	46,07 %	58,08 %	18,37 %
Debt-to-Equity Ratio	4,48	6,61	6,1	2,5
Operating Profit Margin	6,45 %	7,22 %	4,97 %	4,83 %
Current Ratio	1,24	1,42	0,99	1,38
Quick Ratio	1,92	2,65	1,58	2,18
Equity Ratio	0,09	0,08	0,05	0,15
Gross Profit Margin	53,74 %	55,47 %	51,45 %	57,81 %