MICRONAX AS

7043 TRONDHEIM

Finances

Return on Equity

220,83 %

Current Ratio

Debt-to-Equity Ratio

−5,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	51 000	−17 000
Net Income	−53 000	−15 000	34 000	−17 000
Total Assets	196 000	215 000	234 000	141 000
Total Equity	−24 000	29 000	44 000	9 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	51 000	−17 000
Expenditure	6 000	15 000	11 000	0
Operating Profit	−6 000	−15 000	40 000	−17 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Earnings Before Tax	−6 000	−15 000	39 000	−17 000
Tax	47 000	0	5 000	0
Net Income	−53 000	−15 000	34 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	37 000	37 000	0
Total Current Assets	190 000	178 000	197 000	141 000
Total Assets	196 000	215 000	234 000	141 000
Total Retained Equity	−124 000	−71 000	−56 000	0
Total Equity	−24 000	29 000	44 000	9 000
Total Long-Term Debt	125 000	91 000	91 000	106 000
Total Current Debt	95 000	95 000	99 000	26 000
Total Equity and Debt	196 000	215 000	234 000	141 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	51 000	−17 000
Other Income	0	0	0	0
Revenue	0	0	51 000	−17 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 000	15 000	11 000	0
Operating Profit	−6 000	−15 000	40 000	−17 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	0	0	−1 000	0
Dividends	0	0	0	0
Net Income	−53 000	−15 000	34 000	−17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	37 000	37 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	6 000	0	0	0
Total Fixed Assets	6 000	37 000	37 000	0
Stock	0	0	0	0
Total Investments	0	0	0	141 000
Cash, Bank	2 000	7 000	56 000	0
Total Current Assets	190 000	178 000	197 000	141 000
Total Assets	196 000	215 000	234 000	141 000
Total Equity	−24 000	29 000	44 000	9 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	125 000	91 000	91 000	106 000
Creditors	1 000	1 000	0	1 000
Unpaid Taxes	16 000	17 000	19 000	7 000
Dividends	0	0	0	0
Other Current Debt	75 000	75 000	75 000	18 000
Total Current Debt	95 000	95 000	99 000	26 000
Total Equity and Debt	196 000	215 000	234 000	141 000

Financial indicators	2022	2021	2020	2019
Return on Equity	220,83 %	−51,72 %	77,27 %	−188,89 %
Debt-to-Equity Ratio	−5,21	3,14	2,07	11,78
Operating Profit Margin	-	-	78,43 %	100 %
Current Ratio	2	1,87	1,99	5,42
Quick Ratio	2	1,87	1,99	5,42
Equity Ratio	−0,12	0,13	0,19	0,06
Gross Profit Margin	-	-	100 %	100 %