MINEL ELMONTASJE AS

2321 HAMAR

Finances

Return on Equity

53,27 %

Current Ratio

1,36

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	62 442 000	59 453 000	59 018 000	53 321 000
Net Income	3 082 000	1 906 000	2 964 000	3 204 000
Total Assets	23 142 000	19 635 000	19 502 000	19 686 000
Total Equity	5 786 000	4 794 000	4 875 000	4 954 000

Income (NOK)	2022	2021	2020	2019
Revenue	62 442 000	59 453 000	59 018 000	53 321 000
Expenditure	58 480 000	57 024 000	55 219 000	50 037 000
Operating Profit	3 963 000	2 428 000	3 800 000	3 285 000
Financial Income	23 000	24 000	26 000	1 125 000
Financial Costs	11 000	−2 000	4 000	294 000
Financial Balance	12 000	26 000	22 000	831 000
Earnings Before Tax	3 975 000	2 454 000	3 822 000	4 116 000
Tax	893 000	549 000	857 000	912 000
Net Income	3 082 000	1 906 000	2 964 000	3 204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 000	120 000	151 000	295 000
Total Current Assets	23 087 000	19 515 000	19 351 000	19 392 000
Total Assets	23 142 000	19 635 000	19 502 000	19 686 000
Total Retained Equity	5 686 000	4 694 000	4 775 000	4 854 000
Total Equity	5 786 000	4 794 000	4 875 000	4 954 000
Total Long-Term Debt	429 000	28 000	639 000	0
Total Current Debt	16 927 000	14 814 000	13 988 000	14 732 000
Total Equity and Debt	23 142 000	19 635 000	19 502 000	19 686 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	62 442 000	59 453 000	59 018 000	53 321 000
Other Income	0	0	0	0
Revenue	62 442 000	59 453 000	59 018 000	53 321 000
Cost of Goods Sold	26 891 000	25 113 000	23 838 000	19 809 000
Salary Costs	25 210 000	25 549 000	25 309 000	23 461 000
Depreciation	27 000	30 000	47 000	67 000
Impairment	0	0	0	0
Expenditure	58 480 000	57 024 000	55 219 000	50 037 000
Operating Profit	3 963 000	2 428 000	3 800 000	3 285 000
Financial Income	23 000	24 000	26 000	1 125 000
Financial Costs	11 000	−2 000	4 000	294 000
Financial Balance	12 000	26 000	22 000	831 000
Dividends	2 090 000	1 987 000	3 043 000	3 200 000
Net Income	3 082 000	1 906 000	2 964 000	3 204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	97 000
Real Eastate	0	38 000	40 000	50 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	45 000	72 000	100 000	137 000
Total Tangible Assets	45 000	110 000	140 000	187 000
Total Fiancial Fixed Assets	10 000	10 000	11 000	11 000
Total Fixed Assets	55 000	120 000	151 000	295 000
Stock	1 610 000	1 773 000	1 699 000	1 265 000
Total Investments	0	0	0	0
Cash, Bank	957 000	1 040 000	1 098 000	761 000
Total Current Assets	23 087 000	19 515 000	19 351 000	19 392 000
Total Assets	23 142 000	19 635 000	19 502 000	19 686 000
Total Equity	5 786 000	4 794 000	4 875 000	4 954 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	429 000	28 000	639 000	0
Creditors	7 782 000	5 071 000	4 166 000	4 675 000
Unpaid Taxes	3 759 000	3 037 000	3 604 000	2 815 000
Dividends	2 090 000	1 987 000	3 043 000	3 200 000
Other Current Debt	2 804 000	3 559 000	3 214 000	3 096 000
Total Current Debt	16 927 000	14 814 000	13 988 000	14 732 000
Total Equity and Debt	23 142 000	19 635 000	19 502 000	19 686 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,27 %	39,76 %	60,8 %	64,68 %
Debt-to-Equity Ratio	0,07	0,01	0,13	0
Operating Profit Margin	6,35 %	4,08 %	6,44 %	6,16 %
Current Ratio	1,36	1,32	1,38	1,32
Quick Ratio	1,51	1,5	1,57	1,44
Equity Ratio	0,25	0,24	0,25	0,25
Gross Profit Margin	56,93 %	57,76 %	59,61 %	62,85 %