MINEL DRØBAK ELEKTRISKE AS

1448 DRØBAK

Finances

Share Ownership

Return on Equity

−14,77 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 734 000	22 909 000	17 259 000	18 016 000
Net Income	−641 000	3 746 000	2 017 000	1 943 000
Total Assets	17 365 000	11 025 000	10 236 000	8 250 000
Total Equity	4 341 000	100 000	4 809 000	4 793 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 734 000	22 909 000	17 259 000	18 016 000
Expenditure	47 370 000	18 108 000	14 669 000	15 533 000
Operating Profit	−636 000	4 801 000	2 590 000	2 483 000
Financial Income	25 000	24 000	22 000	28 000
Financial Costs	163 000	10 000	16 000	15 000
Financial Balance	−138 000	14 000	6 000	13 000
Earnings Before Tax	−774 000	4 814 000	2 596 000	2 496 000
Tax	−133 000	1 068 000	579 000	553 000
Net Income	−641 000	3 746 000	2 017 000	1 943 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	699 000	1 521 000	2 423 000	2 710 000
Total Current Assets	16 666 000	9 504 000	7 813 000	5 540 000
Total Assets	17 365 000	11 025 000	10 236 000	8 250 000
Total Retained Equity	79 000	0	4 709 000	4 693 000
Total Equity	4 341 000	100 000	4 809 000	4 793 000
Total Long-Term Debt	0	299 000	378 000	482 000
Total Current Debt	13 024 000	10 625 000	5 049 000	2 975 000
Total Equity and Debt	17 365 000	11 025 000	10 236 000	8 250 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 460 000	22 905 000	17 219 000	17 808 000
Other Income	273 000	4 000	40 000	208 000
Revenue	46 734 000	22 909 000	17 259 000	18 016 000
Cost of Goods Sold	22 409 000	6 441 000	4 506 000	5 034 000
Salary Costs	18 659 000	9 130 000	7 608 000	7 884 000
Depreciation	382 000	459 000	492 000	488 000
Impairment	0	0	0	0
Expenditure	47 370 000	18 108 000	14 669 000	15 533 000
Operating Profit	−636 000	4 801 000	2 590 000	2 483 000
Financial Income	25 000	24 000	22 000	28 000
Financial Costs	163 000	10 000	16 000	15 000
Financial Balance	−138 000	14 000	6 000	13 000
Dividends	0	3 746 000	2 000 000	0
Net Income	−641 000	3 746 000	2 017 000	1 943 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	81 000	0	69 000	122 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	586 000	1 511 000	1 903 000	2 135 000
Total Tangible Assets	586 000	1 511 000	1 903 000	2 135 000
Total Fiancial Fixed Assets	32 000	10 000	451 000	453 000
Total Fixed Assets	699 000	1 521 000	2 423 000	2 710 000
Stock	1 607 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	768 000	5 197 000	5 464 000	3 056 000
Total Current Assets	16 666 000	9 504 000	7 813 000	5 540 000
Total Assets	17 365 000	11 025 000	10 236 000	8 250 000
Total Equity	4 341 000	100 000	4 809 000	4 793 000
Short-Term Group Debt	3 794 000	2 232 000	0	0
Total Long-Term Debt	0	299 000	378 000	482 000
Creditors	4 854 000	927 000	364 000	363 000
Unpaid Taxes	2 033 000	1 844 000	1 450 000	1 273 000
Dividends	0	3 746 000	2 000 000	0
Other Current Debt	2 343 000	898 000	709 000	819 000
Total Current Debt	13 024 000	10 625 000	5 049 000	2 975 000
Total Equity and Debt	17 365 000	11 025 000	10 236 000	8 250 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,77 %	3 746 %	41,94 %	40,54 %
Debt-to-Equity Ratio	0	2,99	0,08	0,1
Operating Profit Margin	−1,36 %	20,96 %	15,01 %	13,78 %
Current Ratio	1,28	0,89	1,55	1,86
Quick Ratio	1,46	0,89	1,55	1,86
Equity Ratio	0,25	0,01	0,47	0,58
Gross Profit Margin	52,05 %	71,88 %	73,89 %	72,06 %