MITHASSEL INGENIØR OG RØRLEGGERBEDRIFT AS

0853 OSLO

Finances

Return on Equity

107,02 %

Current Ratio

1,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 564 000	9 844 000	11 012 000	10 163 000
Net Income	1 678 000	−210 000	571 000	383 000
Total Assets	3 234 000	2 467 000	3 398 000	2 544 000
Total Equity	1 568 000	−110 000	100 000	445 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 564 000	9 844 000	11 012 000	10 163 000
Expenditure	8 427 000	10 220 000	10 180 000	9 676 000
Operating Profit	2 137 000	−376 000	831 000	487 000
Financial Income	12 000	6 000	7 000	7 000
Financial Costs	0	4 000	0	1 000
Financial Balance	12 000	2 000	7 000	6 000
Earnings Before Tax	2 149 000	−374 000	837 000	493 000
Tax	471 000	−163 000	267 000	110 000
Net Income	1 678 000	−210 000	571 000	383 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	272 000	187 000	30 000	126 000
Total Current Assets	2 961 000	2 280 000	3 368 000	2 418 000
Total Assets	3 234 000	2 467 000	3 398 000	2 544 000
Total Retained Equity	1 468 000	−210 000	0	345 000
Total Equity	1 568 000	−110 000	100 000	445 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 665 000	2 577 000	3 298 000	2 099 000
Total Equity and Debt	3 234 000	2 467 000	3 398 000	2 544 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 555 000	9 843 000	11 007 000	10 163 000
Other Income	9 000	1 000	5 000	0
Revenue	10 564 000	9 844 000	11 012 000	10 163 000
Cost of Goods Sold	4 276 000	4 028 000	3 867 000	2 898 000
Salary Costs	2 961 000	4 541 000	4 738 000	5 092 000
Depreciation	22 000	31 000	38 000	82 000
Impairment	0	0	0	0
Expenditure	8 427 000	10 220 000	10 180 000	9 676 000
Operating Profit	2 137 000	−376 000	831 000	487 000
Financial Income	12 000	6 000	7 000	7 000
Financial Costs	0	4 000	0	1 000
Financial Balance	12 000	2 000	7 000	6 000
Dividends	0	0	916 000	0
Net Income	1 678 000	−210 000	571 000	383 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	163 000	0	59 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	246 000	21 000	28 000	67 000
Total Tangible Assets	246 000	21 000	28 000	67 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	0
Total Fixed Assets	272 000	187 000	30 000	126 000
Stock	0	0	0	0
Total Investments	0	0	0	2 000
Cash, Bank	1 762 000	1 543 000	2 073 000	1 296 000
Total Current Assets	2 961 000	2 280 000	3 368 000	2 418 000
Total Assets	3 234 000	2 467 000	3 398 000	2 544 000
Total Equity	1 568 000	−110 000	100 000	445 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	469 000	469 000	849 000	259 000
Unpaid Taxes	537 000	532 000	911 000	896 000
Dividends	0	0	916 000	0
Other Current Debt	328 000	1 577 000	415 000	882 000
Total Current Debt	1 665 000	2 577 000	3 298 000	2 099 000
Total Equity and Debt	3 234 000	2 467 000	3 398 000	2 544 000

Financial indicators	2022	2021	2020	2019
Return on Equity	107,02 %	190,91 %	571 %	86,07 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	20,23 %	−3,82 %	7,55 %	4,79 %
Current Ratio	1,78	0,88	1,02	1,15
Quick Ratio	1,78	0,88	1,02	1,15
Equity Ratio	0,48	−0,04	0,03	0,17
Gross Profit Margin	59,52 %	59,08 %	64,88 %	71,48 %