MILAS AS

3430 SPIKKESTAD

Finances

Share Ownership

Return on Equity

15,31 %

Current Ratio

2,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	76 264 000	82 095 000	71 098 000	84 423 000
Net Income	3 187 000	5 961 000	4 249 000	3 440 000
Total Assets	36 199 000	41 949 000	41 683 000	41 468 000
Total Equity	20 812 000	20 925 000	23 063 000	25 517 000

Income (NOK)	2022	2021	2020	2019
Revenue	76 264 000	82 095 000	71 098 000	84 423 000
Expenditure	72 214 000	74 330 000	65 393 000	79 998 000
Operating Profit	4 050 000	7 764 000	5 705 000	4 425 000
Financial Income	215 000	107 000	383 000	136 000
Financial Costs	175 000	227 000	637 000	151 000
Financial Balance	40 000	−120 000	−254 000	−15 000
Earnings Before Tax	4 089 000	7 643 000	5 451 000	4 411 000
Tax	902 000	1 681 000	1 202 000	971 000
Net Income	3 187 000	5 961 000	4 249 000	3 440 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 026 000	275 000	325 000	5 765 000
Total Current Assets	35 173 000	41 673 000	41 358 000	35 703 000
Total Assets	36 199 000	41 949 000	41 683 000	41 468 000
Total Retained Equity	20 722 000	20 835 000	22 973 000	3 517 000
Total Equity	20 812 000	20 925 000	23 063 000	25 517 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	15 387 000	21 024 000	18 620 000	15 951 000
Total Equity and Debt	36 199 000	41 949 000	41 683 000	41 468 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	76 263 000	82 081 000	70 751 000	84 385 000
Other Income	1 000	13 000	348 000	37 000
Revenue	76 264 000	82 095 000	71 098 000	84 423 000
Cost of Goods Sold	35 450 000	37 448 000	33 442 000	42 179 000
Salary Costs	22 850 000	24 643 000	20 848 000	24 402 000
Depreciation	370 000	83 000	124 000	115 000
Impairment	0	0	0	0
Expenditure	72 214 000	74 330 000	65 393 000	79 998 000
Operating Profit	4 050 000	7 764 000	5 705 000	4 425 000
Financial Income	215 000	107 000	383 000	136 000
Financial Costs	175 000	227 000	637 000	151 000
Financial Balance	40 000	−120 000	−254 000	−15 000
Dividends	0	1 200 000	1 200 000	0
Net Income	3 187 000	5 961 000	4 249 000	3 440 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	69 000	82 000	90 000	114 000
Real Eastate	0	0	0	5 502 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	957 000	193 000	235 000	149 000
Total Tangible Assets	957 000	193 000	235 000	5 651 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 026 000	275 000	325 000	5 765 000
Stock	11 690 000	8 878 000	8 583 000	8 656 000
Total Investments	0	0	0	0
Cash, Bank	14 280 000	16 176 000	19 936 000	15 791 000
Total Current Assets	35 173 000	41 673 000	41 358 000	35 703 000
Total Assets	36 199 000	41 949 000	41 683 000	41 468 000
Total Equity	20 812 000	20 925 000	23 063 000	25 517 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 686 000	1 992 000	2 796 000	2 502 000
Unpaid Taxes	5 908 000	8 216 000	6 495 000	6 055 000
Dividends	0	1 200 000	1 200 000	0
Other Current Debt	5 905 000	7 941 000	6 951 000	6 430 000
Total Current Debt	15 387 000	21 024 000	18 620 000	15 951 000
Total Equity and Debt	36 199 000	41 949 000	41 683 000	41 468 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,31 %	28,49 %	18,42 %	13,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,31 %	9,46 %	8,02 %	5,24 %
Current Ratio	2,29	1,98	2,22	2,24
Quick Ratio	9,51	3,43	4,12	4,89
Equity Ratio	0,57	0,5	0,55	0,62
Gross Profit Margin	53,52 %	54,38 %	52,96 %	50,04 %