MINEL GJØVIK AS

2816 GJØVIK

Finances

Share Ownership

Return on Equity

−679,49 %

Current Ratio

0,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 547 000	35 067 000	37 593 000	74 024 000
Net Income	−2 650 000	−153 000	1 649 000	7 489 000
Total Assets	12 016 000	13 445 000	12 770 000	23 922 000
Total Equity	390 000	3 040 000	3 192 000	4 464 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 547 000	35 067 000	37 593 000	74 024 000
Expenditure	44 845 000	35 270 000	35 502 000	66 215 000
Operating Profit	−3 298 000	−202 000	2 090 000	7 808 000
Financial Income	3 000	10 000	44 000	1 431 000
Financial Costs	96 000	3 000	17 000	35 000
Financial Balance	−93 000	7 000	27 000	1 396 000
Earnings Before Tax	−3 391 000	−196 000	2 118 000	9 204 000
Tax	−741 000	−43 000	469 000	1 715 000
Net Income	−2 650 000	−153 000	1 649 000	7 489 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	922 000	229 000	281 000	309 000
Total Current Assets	11 094 000	13 216 000	12 489 000	23 614 000
Total Assets	12 016 000	13 445 000	12 770 000	23 922 000
Total Retained Equity	132 000	2 782 000	2 934 000	4 206 000
Total Equity	390 000	3 040 000	3 192 000	4 464 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 626 000	10 406 000	9 577 000	19 458 000
Total Equity and Debt	12 016 000	13 445 000	12 770 000	23 922 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 367 000	35 067 000	37 593 000	73 980 000
Other Income	180 000	0	0	44 000
Revenue	41 547 000	35 067 000	37 593 000	74 024 000
Cost of Goods Sold	20 762 000	13 883 000	14 159 000	43 127 000
Salary Costs	18 932 000	17 005 000	16 804 000	18 526 000
Depreciation	76 000	96 000	110 000	99 000
Impairment	0	0	0	0
Expenditure	44 845 000	35 270 000	35 502 000	66 215 000
Operating Profit	−3 298 000	−202 000	2 090 000	7 808 000
Financial Income	3 000	10 000	44 000	1 431 000
Financial Costs	96 000	3 000	17 000	35 000
Financial Balance	−93 000	7 000	27 000	1 396 000
Dividends	0	0	2 921 000	7 000 000
Net Income	−2 650 000	−153 000	1 649 000	7 489 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	851 000	110 000	67 000	56 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	27 000	0	0	0
Fixtures	44 000	119 000	214 000	252 000
Total Tangible Assets	71 000	119 000	214 000	252 000
Total Fiancial Fixed Assets	0	1 000	0	1 000
Total Fixed Assets	922 000	229 000	281 000	309 000
Stock	2 427 000	2 211 000	2 173 000	1 818 000
Total Investments	0	0	0	0
Cash, Bank	686 000	775 000	745 000	870 000
Total Current Assets	11 094 000	13 216 000	12 489 000	23 614 000
Total Assets	12 016 000	13 445 000	12 770 000	23 922 000
Total Equity	390 000	3 040 000	3 192 000	4 464 000
Short-Term Group Debt	3 813 000	1 697 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 728 000	4 088 000	2 402 000	5 802 000
Unpaid Taxes	2 221 000	2 350 000	1 839 000	2 982 000
Dividends	0	0	2 921 000	7 000 000
Other Current Debt	1 865 000	2 270 000	1 936 000	1 815 000
Total Current Debt	11 626 000	10 406 000	9 577 000	19 458 000
Total Equity and Debt	12 016 000	13 445 000	12 770 000	23 922 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−679,49 %	−5,03 %	51,66 %	167,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−7,94 %	−0,58 %	5,56 %	10,55 %
Current Ratio	0,95	1,27	1,3	1,21
Quick Ratio	1,21	1,61	1,69	1,34
Equity Ratio	0,03	0,23	0,25	0,19
Gross Profit Margin	50,03 %	60,41 %	62,34 %	41,74 %