MIKKELSEN EKSPORT AS

9020 TROMSDALEN

Finances

Share Ownership

Return on Equity

−2,26 %

Current Ratio

4,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 286 000	37 506 000	27 426 000	35 954 000
Net Income	−64 000	628 000	225 000	−225 000
Total Assets	3 723 000	3 317 000	6 225 000	6 362 000
Total Equity	2 830 000	2 894 000	2 417 000	2 192 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 286 000	37 506 000	27 426 000	35 954 000
Expenditure	35 407 000	36 672 000	26 810 000	35 979 000
Operating Profit	−121 000	833 000	615 000	−25 000
Financial Income	1 189 000	814 000	−36 000	26 000
Financial Costs	1 151 000	842 000	290 000	289 000
Financial Balance	38 000	−28 000	−326 000	−263 000
Earnings Before Tax	−82 000	805 000	289 000	−288 000
Tax	−18 000	177 000	64 000	−63 000
Net Income	−64 000	628 000	225 000	−225 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	105 000	166 000	302 000	406 000
Total Current Assets	3 617 000	3 150 000	5 922 000	5 957 000
Total Assets	3 723 000	3 317 000	6 225 000	6 362 000
Total Retained Equity	1 193 000	1 257 000	780 000	555 000
Total Equity	2 830 000	2 894 000	2 417 000	2 192 000
Total Long-Term Debt	0	6 000	0	0
Total Current Debt	893 000	417 000	3 808 000	4 171 000
Total Equity and Debt	3 723 000	3 317 000	6 225 000	6 362 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 286 000	37 506 000	27 426 000	35 954 000
Other Income	0	0	0	0
Revenue	35 286 000	37 506 000	27 426 000	35 954 000
Cost of Goods Sold	31 781 000	33 202 000	24 435 000	32 494 000
Salary Costs	1 315 000	1 012 000	723 000	1 263 000
Depreciation	16 000	16 000	16 000	16 000
Impairment	0	0	0	0
Expenditure	35 407 000	36 672 000	26 810 000	35 979 000
Operating Profit	−121 000	833 000	615 000	−25 000
Financial Income	1 189 000	814 000	−36 000	26 000
Financial Costs	1 151 000	842 000	290 000	289 000
Financial Balance	38 000	−28 000	−326 000	−263 000
Dividends	0	0	0	0
Net Income	−64 000	628 000	225 000	−225 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 000	0	107 000	170 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	93 000	109 000	125 000	142 000
Total Tangible Assets	93 000	109 000	125 000	142 000
Total Fiancial Fixed Assets	0	58 000	70 000	94 000
Total Fixed Assets	105 000	166 000	302 000	406 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	549 000	808 000	1 832 000	2 245 000
Total Current Assets	3 617 000	3 150 000	5 922 000	5 957 000
Total Assets	3 723 000	3 317 000	6 225 000	6 362 000
Total Equity	2 830 000	2 894 000	2 417 000	2 192 000
Short-Term Group Debt	198 000	192 000	0	0
Total Long-Term Debt	0	6 000	0	0
Creditors	62 000	138 000	2 491 000	3 516 000
Unpaid Taxes	56 000	62 000	28 000	53 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	893 000	417 000	3 808 000	4 171 000
Total Equity and Debt	3 723 000	3 317 000	6 225 000	6 362 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,26 %	21,7 %	9,31 %	−10,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,34 %	2,22 %	2,24 %	−0,07 %
Current Ratio	4,05	7,55	1,56	1,43
Quick Ratio	4,05	7,55	1,56	1,43
Equity Ratio	0,76	0,87	0,39	0,34
Gross Profit Margin	9,93 %	11,48 %	10,91 %	9,62 %