MYDLANDS ELEKTRISKE AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

8,48 %

Current Ratio

2,01

Debt-to-Equity Ratio

2,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 016 000	3 935 000	3 540 000	4 710 000
Net Income	29 000	6 000	−40 000	8 000
Total Assets	2 188 000	2 424 000	2 402 000	2 196 000
Total Equity	342 000	313 000	308 000	348 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 016 000	3 935 000	3 540 000	4 710 000
Expenditure	3 957 000	3 911 000	3 507 000	4 622 000
Operating Profit	58 000	22 000	33 000	88 000
Financial Income	0	9 000	3 000	0
Financial Costs	30 000	26 000	76 000	80 000
Financial Balance	−30 000	−17 000	−73 000	−80 000
Earnings Before Tax	29 000	6 000	−40 000	8 000
Tax	0	0	0	0
Net Income	29 000	6 000	−40 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	15 000	0	14 000
Total Current Assets	2 180 000	2 409 000	2 402 000	2 183 000
Total Assets	2 188 000	2 424 000	2 402 000	2 196 000
Total Retained Equity	242 000	213 000	208 000	248 000
Total Equity	342 000	313 000	308 000	348 000
Total Long-Term Debt	758 000	1 154 000	1 326 000	571 000
Total Current Debt	1 087 000	957 000	769 000	1 278 000
Total Equity and Debt	2 188 000	2 424 000	2 402 000	2 196 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 015 000	3 934 000	3 537 000	4 710 000
Other Income	0	0	4 000	0
Revenue	4 016 000	3 935 000	3 540 000	4 710 000
Cost of Goods Sold	1 361 000	1 427 000	1 040 000	1 431 000
Salary Costs	1 831 000	1 742 000	1 526 000	2 345 000
Depreciation	7 000	6 000	14 000	17 000
Impairment	0	0	0	0
Expenditure	3 957 000	3 911 000	3 507 000	4 622 000
Operating Profit	58 000	22 000	33 000	88 000
Financial Income	0	9 000	3 000	0
Financial Costs	30 000	26 000	76 000	80 000
Financial Balance	−30 000	−17 000	−73 000	−80 000
Dividends	0	0	0	0
Net Income	29 000	6 000	−40 000	8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	15 000	0	14 000
Total Tangible Assets	8 000	15 000	0	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 000	15 000	0	14 000
Stock	854 000	848 000	842 000	856 000
Total Investments	0	0	0	0
Cash, Bank	43 000	367 000	618 000	22 000
Total Current Assets	2 180 000	2 409 000	2 402 000	2 183 000
Total Assets	2 188 000	2 424 000	2 402 000	2 196 000
Total Equity	342 000	313 000	308 000	348 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	758 000	1 154 000	1 326 000	571 000
Creditors	274 000	344 000	294 000	242 000
Unpaid Taxes	133 000	263 000	218 000	427 000
Dividends	0	0	0	0
Other Current Debt	378 000	350 000	257 000	327 000
Total Current Debt	1 087 000	957 000	769 000	1 278 000
Total Equity and Debt	2 188 000	2 424 000	2 402 000	2 196 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,48 %	1,92 %	−12,99 %	2,3 %
Debt-to-Equity Ratio	2,22	3,69	4,31	1,64
Operating Profit Margin	1,44 %	0,56 %	0,93 %	1,87 %
Current Ratio	2,01	2,52	3,12	1,71
Quick Ratio	9,36	22,1	−32,9	5,17
Equity Ratio	0,16	0,13	0,13	0,16
Gross Profit Margin	66,11 %	63,74 %	70,62 %	69,62 %