MINEL AS

2317 HAMAR

Finances

Return on Equity

5,98 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	597 214 000	540 906 000	558 569 000	603 474 000
Net Income	4 670 000	13 981 000	21 114 000	30 248 000
Total Assets	258 178 000	221 186 000	217 678 000	240 059 000
Total Equity	78 133 000	85 893 000	84 210 000	89 587 000

Income (NOK)	2022	2021	2020	2019
Revenue	597 214 000	540 906 000	558 569 000	603 474 000
Expenditure	587 690 000	525 669 000	531 150 000	562 948 000
Operating Profit	9 524 000	15 237 000	27 287 000	40 526 000
Financial Income	1 630 000	5 756 000	2 089 000	3 415 000
Financial Costs	2 273 000	2 377 000	1 621 000	3 579 000
Financial Balance	−643 000	3 379 000	468 000	−164 000
Earnings Before Tax	8 881 000	18 617 000	27 755 000	40 362 000
Tax	4 211 000	4 635 000	6 641 000	10 114 000
Net Income	4 670 000	13 981 000	21 114 000	30 248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 904 000	20 538 000	28 511 000	40 520 000
Total Current Assets	199 274 000	200 649 000	189 167 000	199 539 000
Total Assets	258 178 000	221 186 000	217 678 000	240 059 000
Total Retained Equity	50 488 000	55 772 000	55 293 000	49 903 000
Total Equity	78 133 000	85 893 000	84 210 000	89 587 000
Total Long-Term Debt	2 132 000	3 229 000	1 536 000	1 220 000
Total Current Debt	177 912 000	132 064 000	131 932 000	149 252 000
Total Equity and Debt	258 178 000	221 186 000	217 678 000	240 059 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	595 333 000	539 575 000	557 856 000	601 862 000
Other Income	1 881 000	1 330 000	714 000	1 612 000
Revenue	597 214 000	540 906 000	558 569 000	603 474 000
Cost of Goods Sold	247 495 000	217 603 000	220 663 000	236 804 000
Salary Costs	251 987 000	234 329 000	237 949 000	241 063 000
Depreciation	12 584 000	8 571 000	9 078 000	9 273 000
Impairment	0	0	0	0
Expenditure	587 690 000	525 669 000	531 150 000	562 948 000
Operating Profit	9 524 000	15 237 000	27 287 000	40 526 000
Financial Income	1 630 000	5 756 000	2 089 000	3 415 000
Financial Costs	2 273 000	2 377 000	1 621 000	3 579 000
Financial Balance	−643 000	3 379 000	468 000	−164 000
Dividends	10 774 000	13 174 000	15 834 000	13 273 000
Net Income	4 670 000	13 981 000	21 114 000	30 248 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	22 950 000	10 588 000	16 236 000	22 363 000
Total Intangible Assets	22 950 000	10 415 000	16 192 000	23 245 000
Real Eastate	762 000	935 000	1 026 000	1 123 000
Machinery and Plant Facilities	1 949 000	2 481 000	1 942 000	2 110 000
Fixtures	3 197 000	2 552 000	3 077 000	3 836 000
Total Tangible Assets	6 894 000	7 616 000	8 235 000	9 479 000
Total Fiancial Fixed Assets	29 060 000	2 508 000	4 084 000	7 796 000
Total Fixed Assets	58 904 000	20 538 000	28 511 000	40 520 000
Stock	32 046 000	35 012 000	28 507 000	26 943 000
Total Investments	0	0	0	0
Cash, Bank	12 227 000	12 310 000	12 402 000	9 979 000
Total Current Assets	199 274 000	200 649 000	189 167 000	199 539 000
Total Assets	258 178 000	221 186 000	217 678 000	240 059 000
Total Equity	78 133 000	85 893 000	84 210 000	89 587 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 132 000	3 229 000	1 536 000	1 220 000
Creditors	55 258 000	45 480 000	38 675 000	45 963 000
Unpaid Taxes	36 277 000	33 354 000	38 317 000	36 566 000
Dividends	10 774 000	13 174 000	15 834 000	13 273 000
Other Current Debt	49 467 000	34 546 000	32 846 000	34 304 000
Total Current Debt	177 912 000	132 064 000	131 932 000	149 252 000
Total Equity and Debt	258 178 000	221 186 000	217 678 000	240 059 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,98 %	16,28 %	25,07 %	33,76 %
Debt-to-Equity Ratio	0,03	0,04	0,02	0,01
Operating Profit Margin	1,59 %	2,82 %	4,89 %	6,72 %
Current Ratio	1,12	1,52	1,43	1,34
Quick Ratio	1,37	2,07	1,83	1,63
Equity Ratio	0,3	0,39	0,39	0,37
Gross Profit Margin	58,56 %	59,77 %	60,49 %	60,76 %