MIIN AS

1353 BÆRUMS VERK

Finances

Share Ownership

Return on Equity

−51,07 %

Current Ratio

2,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 705 000	7 388 000	7 150 000	7 064 000
Net Income	−1 071 000	−2 157 000	−671 000	−1 067 000
Total Assets	3 513 000	5 369 000	4 254 000	4 594 000
Total Equity	2 097 000	2 081 000	2 085 000	2 067 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 705 000	7 388 000	7 150 000	7 064 000
Expenditure	9 018 000	10 102 000	7 971 000	8 383 000
Operating Profit	−1 313 000	−2 714 000	−822 000	−1 319 000
Financial Income	0	1 000	0	0
Financial Costs	59 000	52 000	38 000	49 000
Financial Balance	−59 000	−51 000	−38 000	−49 000
Earnings Before Tax	−1 372 000	−2 765 000	−860 000	−1 368 000
Tax	−301 000	−608 000	−189 000	−301 000
Net Income	−1 071 000	−2 157 000	−671 000	−1 067 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	63 000	28 000	33 000	15 000
Total Current Assets	3 450 000	5 341 000	4 221 000	4 579 000
Total Assets	3 513 000	5 369 000	4 254 000	4 594 000
Total Retained Equity	1 766 000	1 750 000	1 755 000	1 736 000
Total Equity	2 097 000	2 081 000	2 085 000	2 067 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 416 000	3 286 000	2 169 000	2 527 000
Total Equity and Debt	3 513 000	5 367 000	4 254 000	4 594 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 678 000	7 370 000	7 149 000	7 064 000
Other Income	27 000	18 000	1 000	0
Revenue	7 705 000	7 388 000	7 150 000	7 064 000
Cost of Goods Sold	5 443 000	5 815 000	4 505 000	4 805 000
Salary Costs	1 908 000	2 967 000	2 145 000	2 407 000
Depreciation	6 000	5 000	1 000	0
Impairment	0	0	0	0
Expenditure	9 018 000	10 102 000	7 971 000	8 383 000
Operating Profit	−1 313 000	−2 714 000	−822 000	−1 319 000
Financial Income	0	1 000	0	0
Financial Costs	59 000	52 000	38 000	49 000
Financial Balance	−59 000	−51 000	−38 000	−49 000
Dividends	0	0	0	0
Net Income	−1 071 000	−2 157 000	−671 000	−1 067 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	9 000	9 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	59 000	19 000	24 000	0
Total Tangible Assets	59 000	19 000	24 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	63 000	28 000	33 000	15 000
Stock	1 795 000	2 358 000	3 179 000	3 063 000
Total Investments	0	0	0	0
Cash, Bank	21 000	15 000	12 000	27 000
Total Current Assets	3 450 000	5 341 000	4 221 000	4 579 000
Total Assets	3 513 000	5 369 000	4 254 000	4 594 000
Total Equity	2 097 000	2 081 000	2 085 000	2 067 000
Short-Term Group Debt	740 000	2 043 000	1 084 000	1 481 000
Total Long-Term Debt	0	0	0	0
Creditors	108 000	383 000	308 000	188 000
Unpaid Taxes	248 000	400 000	377 000	412 000
Dividends	0	0	0	0
Other Current Debt	320 000	460 000	400 000	445 000
Total Current Debt	1 416 000	3 286 000	2 169 000	2 527 000
Total Equity and Debt	3 513 000	5 367 000	4 254 000	4 594 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−51,07 %	−103,65 %	−32,18 %	−51,62 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−17,04 %	−36,74 %	−11,5 %	−18,67 %
Current Ratio	2,44	1,63	1,95	1,81
Quick Ratio	−9,1	5,76	−4,18	−8,54
Equity Ratio	0,6	0,39	0,49	0,45
Gross Profit Margin	29,36 %	21,29 %	36,99 %	31,98 %