MINEL GLÅMDAL AS

2209 KONGSVINGER

Finances

Share Ownership

Return on Equity

9,4 %

Current Ratio

1,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 420 000	14 654 000	16 254 000	17 286 000
Net Income	375 000	896 000	1 233 000	−500 000
Total Assets	11 203 000	10 418 000	11 033 000	10 366 000
Total Equity	3 988 000	3 915 000	3 620 000	296 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 420 000	14 654 000	16 254 000	17 286 000
Expenditure	13 756 000	13 325 000	15 324 000	17 922 000
Operating Profit	664 000	1 329 000	930 000	−636 000
Financial Income	14 000	13 000	9 000	−5 000
Financial Costs	197 000	194 000	299 000	222 000
Financial Balance	−183 000	−181 000	−290 000	−227 000
Earnings Before Tax	481 000	1 148 000	639 000	−862 000
Tax	106 000	252 000	−594 000	−362 000
Net Income	375 000	896 000	1 233 000	−500 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	442 000	117 000	188 000	204 000
Total Current Assets	10 761 000	10 301 000	10 845 000	10 162 000
Total Assets	11 203 000	10 418 000	11 033 000	10 366 000
Total Retained Equity	368 000	296 000	−5 811 000	−7 044 000
Total Equity	3 988 000	3 915 000	3 620 000	296 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 216 000	6 502 000	7 414 000	10 070 000
Total Equity and Debt	11 203 000	10 418 000	11 033 000	10 366 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 358 000	14 634 000	16 254 000	17 286 000
Other Income	62 000	20 000	0	0
Revenue	14 420 000	14 654 000	16 254 000	17 286 000
Cost of Goods Sold	5 025 000	3 854 000	4 867 000	5 453 000
Salary Costs	5 959 000	6 986 000	7 613 000	9 337 000
Depreciation	55 000	61 000	58 000	76 000
Impairment	0	0	0	0
Expenditure	13 756 000	13 325 000	15 324 000	17 922 000
Operating Profit	664 000	1 329 000	930 000	−636 000
Financial Income	14 000	13 000	9 000	−5 000
Financial Costs	197 000	194 000	299 000	222 000
Financial Balance	−183 000	−181 000	−290 000	−227 000
Dividends	37 000	600 000	0	0
Net Income	375 000	896 000	1 233 000	−500 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 000	63 000	73 000	69 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	414 000	54 000	115 000	135 000
Total Tangible Assets	414 000	54 000	115 000	135 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	442 000	117 000	188 000	204 000
Stock	2 239 000	2 393 000	1 461 000	1 758 000
Total Investments	0	0	0	0
Cash, Bank	185 000	207 000	249 000	287 000
Total Current Assets	10 761 000	10 301 000	10 845 000	10 162 000
Total Assets	11 203 000	10 418 000	11 033 000	10 366 000
Total Equity	3 988 000	3 915 000	3 620 000	296 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 567 000	1 080 000	3 253 000	2 737 000
Unpaid Taxes	757 000	728 000	987 000	955 000
Dividends	37 000	600 000	0	0
Other Current Debt	4 855 000	3 852 000	3 174 000	994 000
Total Current Debt	7 216 000	6 502 000	7 414 000	10 070 000
Total Equity and Debt	11 203 000	10 418 000	11 033 000	10 366 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,4 %	22,89 %	34,06 %	−168,92 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,6 %	9,07 %	5,72 %	−3,68 %
Current Ratio	1,49	1,58	1,46	1,01
Quick Ratio	2,16	2,51	1,82	1,22
Equity Ratio	0,36	0,38	0,33	0,03
Gross Profit Margin	65,15 %	73,7 %	70,06 %	68,45 %