MINDE SERVICE AS

5068 BERGEN

Finances

Share Ownership

Return on Equity

10,97 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 332 000	1 735 000	2 193 000	1 311 000
Net Income	17 000	−24 000	70 000	−43 000
Total Assets	2 684 000	2 173 000	1 470 000	811 000
Total Equity	155 000	157 000	181 000	111 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 332 000	1 735 000	2 193 000	1 311 000
Expenditure	2 306 000	1 756 000	2 118 000	1 354 000
Operating Profit	27 000	−22 000	74 000	−43 000
Financial Income	0	0	0	0
Financial Costs	4 000	0	0	0
Financial Balance	−4 000	0	0	0
Earnings Before Tax	23 000	−22 000	75 000	−43 000
Tax	5 000	3 000	5 000	0
Net Income	17 000	−24 000	70 000	−43 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	107 000	78 000	155 000	89 000
Total Current Assets	2 577 000	2 094 000	1 314 000	722 000
Total Assets	2 684 000	2 173 000	1 470 000	811 000
Total Retained Equity	55 000	57 000	81 000	11 000
Total Equity	155 000	157 000	181 000	111 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 529 000	2 016 000	1 289 000	700 000
Total Equity and Debt	2 684 000	2 173 000	1 470 000	811 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 330 000	1 730 000	2 190 000	1 311 000
Other Income	3 000	5 000	3 000	0
Revenue	2 332 000	1 735 000	2 193 000	1 311 000
Cost of Goods Sold	2 000	0	0	1 000
Salary Costs	2 044 000	1 557 000	1 913 000	1 177 000
Depreciation	53 000	77 000	53 000	40 000
Impairment	0	0	0	0
Expenditure	2 306 000	1 756 000	2 118 000	1 354 000
Operating Profit	27 000	−22 000	74 000	−43 000
Financial Income	0	0	0	0
Financial Costs	4 000	0	0	0
Financial Balance	−4 000	0	0	0
Dividends	0	0	0	0
Net Income	17 000	−24 000	70 000	−43 000

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	107 000	78 000	155 000	89 000
Total Tangible Assets	107 000	78 000	155 000	89 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	107 000	78 000	155 000	89 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 029 000	196 000	96 000	404 000
Total Current Assets	2 577 000	2 094 000	1 314 000	722 000
Total Assets	2 684 000	2 173 000	1 470 000	811 000
Total Equity	155 000	157 000	181 000	111 000
Short-Term Group Debt	2 034 000	1 362 000	717 000	471 000
Total Long-Term Debt	0	0	0	0
Creditors	21 000	10 000	2 000	14 000
Unpaid Taxes	301 000	479 000	407 000	123 000
Dividends	0	0	0	0
Other Current Debt	172 000	163 000	158 000	93 000
Total Current Debt	2 529 000	2 016 000	1 289 000	700 000
Total Equity and Debt	2 684 000	2 173 000	1 470 000	811 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,97 %	−15,29 %	38,67 %	−38,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,16 %	−1,27 %	3,37 %	−3,28 %
Current Ratio	1,02	1,04	1,02	1,03
Quick Ratio	1,02	1,04	1,02	1,03
Equity Ratio	0,06	0,07	0,12	0,14
Gross Profit Margin	99,91 %	100 %	100 %	99,92 %