MIFO HUSTADVIKA AS

6440 ELNESVÅGEN

Finances

Return on Equity

49,27 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 039 000	10 068 000	8 683 000	5 610 000
Net Income	1 215 000	1 233 000	975 000	109 000
Total Assets	5 694 000	5 900 000	6 325 000	3 424 000
Total Equity	2 466 000	2 503 000	2 270 000	1 995 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 039 000	10 068 000	8 683 000	5 610 000
Expenditure	7 543 000	8 500 000	7 442 000	5 497 000
Operating Profit	1 496 000	1 568 000	1 241 000	113 000
Financial Income	61 000	12 000	23 000	30 000
Financial Costs	0	1 000	14 000	2 000
Financial Balance	61 000	11 000	9 000	28 000
Earnings Before Tax	1 557 000	1 580 000	1 251 000	141 000
Tax	342 000	347 000	276 000	32 000
Net Income	1 215 000	1 233 000	975 000	109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	229 000	150 000	910 000	55 000
Total Current Assets	5 465 000	5 751 000	5 414 000	3 369 000
Total Assets	5 694 000	5 900 000	6 325 000	3 424 000
Total Retained Equity	2 066 000	2 103 000	1 870 000	1 595 000
Total Equity	2 466 000	2 503 000	2 270 000	1 995 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 228 000	3 398 000	4 055 000	1 429 000
Total Equity and Debt	5 694 000	5 900 000	6 325 000	3 424 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 038 000	10 066 000	8 683 000	5 610 000
Other Income	1 000	1 000	0	0
Revenue	9 039 000	10 068 000	8 683 000	5 610 000
Cost of Goods Sold	2 719 000	3 188 000	2 450 000	1 426 000
Salary Costs	3 660 000	4 085 000	3 579 000	2 823 000
Depreciation	47 000	32 000	42 000	40 000
Impairment	0	0	0	0
Expenditure	7 543 000	8 500 000	7 442 000	5 497 000
Operating Profit	1 496 000	1 568 000	1 241 000	113 000
Financial Income	61 000	12 000	23 000	30 000
Financial Costs	0	1 000	14 000	2 000
Financial Balance	61 000	11 000	9 000	28 000
Dividends	100 000	1 000 000	700 000	100 000
Net Income	1 215 000	1 233 000	975 000	109 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	27 000	30 000	32 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	199 000	116 000	124 000	17 000
Total Tangible Assets	199 000	116 000	124 000	17 000
Total Fiancial Fixed Assets	6 000	6 000	756 000	6 000
Total Fixed Assets	229 000	150 000	910 000	55 000
Stock	470 000	600 000	588 000	420 000
Total Investments	0	0	0	0
Cash, Bank	3 509 000	3 231 000	1 788 000	1 926 000
Total Current Assets	5 465 000	5 751 000	5 414 000	3 369 000
Total Assets	5 694 000	5 900 000	6 325 000	3 424 000
Total Equity	2 466 000	2 503 000	2 270 000	1 995 000
Short-Term Group Debt	1 834 000	300 000	784 000	267 000
Total Long-Term Debt	0	0	0	0
Creditors	281 000	396 000	1 007 000	266 000
Unpaid Taxes	502 000	815 000	827 000	483 000
Dividends	100 000	1 000 000	700 000	100 000
Other Current Debt	498 000	542 000	463 000	277 000
Total Current Debt	3 228 000	3 398 000	4 055 000	1 429 000
Total Equity and Debt	5 694 000	5 900 000	6 325 000	3 424 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,27 %	49,26 %	42,95 %	5,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,55 %	15,57 %	14,29 %	2,01 %
Current Ratio	1,69	1,69	1,34	2,36
Quick Ratio	1,98	2,06	1,56	3,34
Equity Ratio	0,43	0,42	0,36	0,58
Gross Profit Margin	69,92 %	68,34 %	71,78 %	74,58 %