MICHIKO AS

5230 PARADIS

Finances

Return on Equity

2,51 %

Current Ratio

16,5

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	292 000	1 054 000	0	280 000
Net Income	231 000	768 000	4 806 000	2 799 000
Total Assets	10 969 000	11 436 000	10 921 000	5 651 000
Total Equity	9 206 000	8 975 000	8 706 000	4 101 000

Income (NOK)	2022	2021	2020	2019
Revenue	292 000	1 054 000	0	280 000
Expenditure	57 000	89 000	103 000	123 000
Operating Profit	235 000	965 000	−103 000	158 000
Financial Income	62 000	21 000	4 910 000	2 702 000
Financial Costs	1 000	0	2 000	25 000
Financial Balance	61 000	21 000	4 908 000	2 677 000
Earnings Before Tax	297 000	985 000	4 806 000	2 834 000
Tax	65 000	217 000	0	35 000
Net Income	231 000	768 000	4 806 000	2 799 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 069 000	5 237 000	3 547 000	585 000
Total Current Assets	4 901 000	6 199 000	7 374 000	5 065 000
Total Assets	10 969 000	11 436 000	10 921 000	5 651 000
Total Retained Equity	8 806 000	8 575 000	8 306 000	3 701 000
Total Equity	9 206 000	8 975 000	8 706 000	4 101 000
Total Long-Term Debt	1 466 000	1 466 000	2 000 000	0
Total Current Debt	297 000	995 000	214 000	1 550 000
Total Equity and Debt	10 969 000	11 436 000	10 921 000	5 651 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	292 000	1 054 000	0	280 000
Other Income	0	0	0	0
Revenue	292 000	1 054 000	0	280 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	2 000	1 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	57 000	89 000	103 000	123 000
Operating Profit	235 000	965 000	−103 000	158 000
Financial Income	62 000	21 000	4 910 000	2 702 000
Financial Costs	1 000	0	2 000	25 000
Financial Balance	61 000	21 000	4 908 000	2 677 000
Dividends	0	500 000	0	500 000
Net Income	231 000	768 000	4 806 000	2 799 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	6 069 000	5 237 000	3 547 000	585 000
Total Fixed Assets	6 069 000	5 237 000	3 547 000	585 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 572 000	6 163 000	2 441 000	640 000
Total Current Assets	4 901 000	6 199 000	7 374 000	5 065 000
Total Assets	10 969 000	11 436 000	10 921 000	5 651 000
Total Equity	9 206 000	8 975 000	8 706 000	4 101 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 466 000	1 466 000	2 000 000	0
Creditors	0	12 000	12 000	12 000
Unpaid Taxes	0	263 000	0	0
Dividends	0	500 000	0	500 000
Other Current Debt	297 000	502 000	202 000	1 503 000
Total Current Debt	297 000	995 000	214 000	1 550 000
Total Equity and Debt	10 969 000	11 436 000	10 921 000	5 651 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,51 %	8,56 %	55,2 %	68,25 %
Debt-to-Equity Ratio	0,16	0,16	0,23	0
Operating Profit Margin	80,48 %	91,56 %	-	56,43 %
Current Ratio	16,5	6,23	34,46	3,27
Quick Ratio	16,5	6,23	34,46	3,27
Equity Ratio	0,84	0,78	0,8	0,73
Gross Profit Margin	100 %	100 %	-	100 %