MINNESUND BIL AS

2092 MINNESUND

Finances

Share Ownership

Return on Equity

−62,23 %

Current Ratio

4,21

Debt-to-Equity Ratio

1,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 511 000	6 454 000	5 989 000	5 876 000
Net Income	−496 000	192 000	107 000	437 000
Total Assets	2 711 000	3 863 000	3 989 000	3 833 000
Total Equity	797 000	1 770 000	1 578 000	1 470 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 511 000	6 454 000	5 989 000	5 876 000
Expenditure	6 929 000	4 784 000	5 685 000	5 216 000
Operating Profit	−424 000	387 000	305 000	659 000
Financial Income	0	0	9 000	1 000
Financial Costs	72 000	59 000	94 000	100 000
Financial Balance	−72 000	−59 000	−85 000	−99 000
Earnings Before Tax	−496 000	328 000	220 000	561 000
Tax	0	136 000	113 000	124 000
Net Income	−496 000	192 000	107 000	437 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	175 000	197 000	423 000	577 000
Total Current Assets	2 536 000	3 667 000	3 566 000	3 256 000
Total Assets	2 711 000	3 863 000	3 989 000	3 833 000
Total Retained Equity	697 000	1 670 000	1 478 000	1 370 000
Total Equity	797 000	1 770 000	1 578 000	1 470 000
Total Long-Term Debt	1 312 000	1 478 000	1 644 000	1 809 000
Total Current Debt	602 000	616 000	768 000	553 000
Total Equity and Debt	2 711 000	3 863 000	3 989 000	3 833 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 481 000	6 280 000	5 976 000	5 835 000
Other Income	31 000	174 000	13 000	41 000
Revenue	6 511 000	6 454 000	5 989 000	5 876 000
Cost of Goods Sold	3 219 000	2 197 000	3 080 000	2 340 000
Salary Costs	1 297 000	1 262 000	1 262 000	1 576 000
Depreciation	90 000	123 000	177 000	221 000
Impairment	0	0	0	0
Expenditure	6 929 000	4 784 000	5 685 000	5 216 000
Operating Profit	−424 000	387 000	305 000	659 000
Financial Income	0	0	9 000	1 000
Financial Costs	72 000	59 000	94 000	100 000
Financial Balance	−72 000	−59 000	−85 000	−99 000
Dividends	0	0	0	0
Net Income	−496 000	192 000	107 000	437 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	31 000	8 000
Real Eastate	26 000	33 000	40 000	48 000
Machinery and Plant Facilities	39 000	0	0	0
Fixtures	101 000	164 000	352 000	522 000
Total Tangible Assets	165 000	197 000	393 000	570 000
Total Fiancial Fixed Assets	10 000	0	0	0
Total Fixed Assets	175 000	197 000	423 000	577 000
Stock	1 465 000	1 484 000	1 420 000	903 000
Total Investments	0	0	0	0
Cash, Bank	553 000	1 423 000	1 422 000	391 000
Total Current Assets	2 536 000	3 667 000	3 566 000	3 256 000
Total Assets	2 711 000	3 863 000	3 989 000	3 833 000
Total Equity	797 000	1 770 000	1 578 000	1 470 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 312 000	1 478 000	1 644 000	1 809 000
Creditors	289 000	184 000	41 000	91 000
Unpaid Taxes	170 000	106 000	165 000	187 000
Dividends	0	0	0	0
Other Current Debt	144 000	221 000	426 000	228 000
Total Current Debt	602 000	616 000	768 000	553 000
Total Equity and Debt	2 711 000	3 863 000	3 989 000	3 833 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−62,23 %	10,85 %	6,78 %	29,73 %
Debt-to-Equity Ratio	1,65	0,84	1,04	1,23
Operating Profit Margin	−6,51 %	6 %	5,09 %	11,22 %
Current Ratio	4,21	5,95	4,64	5,89
Quick Ratio	−2,94	−4,22	−5,47	−9,3
Equity Ratio	0,29	0,46	0,4	0,38
Gross Profit Margin	50,56 %	65,96 %	48,57 %	60,18 %