MICRONET AS

1473 LØRENSKOG

Finances

Return on Equity

−5,95 %

Current Ratio

1,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 895 000	7 774 000	6 772 000	8 343 000
Net Income	−236 000	−1 494 000	161 000	686 000
Total Assets	6 437 000	6 350 000	7 853 000	7 174 000
Total Equity	3 964 000	4 201 000	5 695 000	5 534 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 895 000	7 774 000	6 772 000	8 343 000
Expenditure	8 165 000	9 219 000	6 585 000	7 312 000
Operating Profit	−270 000	−1 444 000	186 000	1 031 000
Financial Income	34 000	6 000	197 000	23 000
Financial Costs	1 000	1 000	180 000	139 000
Financial Balance	33 000	5 000	17 000	−116 000
Earnings Before Tax	−236 000	−1 438 000	203 000	915 000
Tax	0	56 000	43 000	229 000
Net Income	−236 000	−1 494 000	161 000	686 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 993 000	2 981 000	3 460 000	1 216 000
Total Current Assets	4 444 000	3 369 000	4 393 000	5 958 000
Total Assets	6 437 000	6 350 000	7 853 000	7 174 000
Total Retained Equity	3 864 000	4 101 000	5 595 000	5 434 000
Total Equity	3 964 000	4 201 000	5 695 000	5 534 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 473 000	2 149 000	2 159 000	1 640 000
Total Equity and Debt	6 437 000	6 350 000	7 853 000	7 174 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 886 000	7 774 000	6 772 000	8 352 000
Other Income	9 000	0	0	−9 000
Revenue	7 895 000	7 774 000	6 772 000	8 343 000
Cost of Goods Sold	2 703 000	3 290 000	2 429 000	2 262 000
Salary Costs	3 461 000	3 866 000	2 302 000	3 878 000
Depreciation	770 000	750 000	475 000	177 000
Impairment	0	0	0	0
Expenditure	8 165 000	9 219 000	6 585 000	7 312 000
Operating Profit	−270 000	−1 444 000	186 000	1 031 000
Financial Income	34 000	6 000	197 000	23 000
Financial Costs	1 000	1 000	180 000	139 000
Financial Balance	33 000	5 000	17 000	−116 000
Dividends	0	0	0	0
Net Income	−236 000	−1 494 000	161 000	686 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	784 000	1 052 000	1 045 000	0
Total Intangible Assets	784 000	1 052 000	1 101 000	99 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	909 000	1 411 000	1 841 000	522 000
Total Tangible Assets	909 000	1 411 000	1 841 000	522 000
Total Fiancial Fixed Assets	300 000	518 000	518 000	596 000
Total Fixed Assets	1 993 000	2 981 000	3 460 000	1 216 000
Stock	244 000	350 000	303 000	314 000
Total Investments	0	0	0	331 000
Cash, Bank	2 220 000	1 676 000	3 198 000	3 457 000
Total Current Assets	4 444 000	3 369 000	4 393 000	5 958 000
Total Assets	6 437 000	6 350 000	7 853 000	7 174 000
Total Equity	3 964 000	4 201 000	5 695 000	5 534 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	227 000	124 000	179 000	37 000
Unpaid Taxes	576 000	441 000	514 000	680 000
Dividends	0	0	0	0
Other Current Debt	1 669 000	1 584 000	1 466 000	684 000
Total Current Debt	2 473 000	2 149 000	2 159 000	1 640 000
Total Equity and Debt	6 437 000	6 350 000	7 853 000	7 174 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,95 %	−35,56 %	2,83 %	12,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−3,42 %	−18,57 %	2,75 %	12,36 %
Current Ratio	1,8	1,57	2,03	3,63
Quick Ratio	1,99	1,87	2,37	4,49
Equity Ratio	0,62	0,66	0,73	0,77
Gross Profit Margin	65,76 %	57,68 %	64,13 %	72,89 %