MILJØBØLGEN AS

3970 LANGESUND

Finances

Share Ownership

Return on Equity

23,6 %

Current Ratio

Debt-to-Equity Ratio

4,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 010 000	2 143 000	5 046 000	3 697 000
Net Income	76 000	38 000	154 000	373 000
Total Assets	2 412 000	2 221 000	1 761 000	978 000
Total Equity	322 000	245 000	212 000	58 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 010 000	2 143 000	5 046 000	3 697 000
Expenditure	1 868 000	2 051 000	4 855 000	3 276 000
Operating Profit	142 000	92 000	190 000	421 000
Financial Income	1 000	0	3 000	1 000
Financial Costs	67 000	54 000	44 000	49 000
Financial Balance	−66 000	−54 000	−41 000	−48 000
Earnings Before Tax	76 000	38 000	149 000	373 000
Tax	0	0	−5 000	0
Net Income	76 000	38 000	154 000	373 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 389 000	1 400 000	187 000	168 000
Total Current Assets	1 022 000	821 000	1 574 000	810 000
Total Assets	2 412 000	2 221 000	1 761 000	978 000
Total Retained Equity	−219 000	−296 000	−329 000	−483 000
Total Equity	322 000	245 000	212 000	58 000
Total Long-Term Debt	1 579 000	1 579 000	1 257 000	505 000
Total Current Debt	511 000	397 000	292 000	415 000
Total Equity and Debt	2 412 000	2 221 000	1 761 000	978 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 963 000	1 962 000	5 045 000	3 697 000
Other Income	47 000	181 000	1 000	0
Revenue	2 010 000	2 143 000	5 046 000	3 697 000
Cost of Goods Sold	386 000	816 000	3 407 000	2 117 000
Salary Costs	708 000	468 000	740 000	670 000
Depreciation	11 000	0	18 000	11 000
Impairment	0	0	0	0
Expenditure	1 868 000	2 051 000	4 855 000	3 276 000
Operating Profit	142 000	92 000	190 000	421 000
Financial Income	1 000	0	3 000	1 000
Financial Costs	67 000	54 000	44 000	49 000
Financial Balance	−66 000	−54 000	−41 000	−48 000
Dividends	0	0	0	0
Net Income	76 000	38 000	154 000	373 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	5 000	0
Real Eastate	1 400 000	1 400 000	150 000	150 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	−11 000	0	32 000	18 000
Total Tangible Assets	1 389 000	1 400 000	182 000	168 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 389 000	1 400 000	187 000	168 000
Stock	614 000	469 000	911 000	461 000
Total Investments	0	0	0	0
Cash, Bank	32 000	17 000	16 000	128 000
Total Current Assets	1 022 000	821 000	1 574 000	810 000
Total Assets	2 412 000	2 221 000	1 761 000	978 000
Total Equity	322 000	245 000	212 000	58 000
Short-Term Group Debt	176 000	88 000	23 000	2 000
Total Long-Term Debt	1 579 000	1 579 000	1 257 000	505 000
Creditors	36 000	105 000	28 000	304 000
Unpaid Taxes	66 000	26 000	42 000	134 000
Dividends	0	0	0	0
Other Current Debt	66 000	44 000	71 000	−25 000
Total Current Debt	511 000	397 000	292 000	415 000
Total Equity and Debt	2 412 000	2 221 000	1 761 000	978 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,6 %	15,51 %	72,64 %	643,1 %
Debt-to-Equity Ratio	4,9	6,44	5,93	8,71
Operating Profit Margin	7,06 %	4,29 %	3,77 %	11,39 %
Current Ratio	2	2,07	5,39	1,95
Quick Ratio	−9,92	−11,4	−2,54	−17,61
Equity Ratio	0,13	0,11	0,12	0,06
Gross Profit Margin	80,8 %	61,92 %	32,48 %	42,74 %