MIPAS AS

7050 TRONDHEIM

Finances

Return on Equity

1,89 %

Current Ratio

12,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	180 000	180 000	180 000	152 000
Net Income	122 000	59 000	83 000	119 000
Total Assets	6 594 000	6 578 000	6 594 000	6 597 000
Total Equity	6 470 000	6 468 000	6 469 000	6 487 000

Income (NOK)	2022	2021	2020	2019
Revenue	180 000	180 000	180 000	152 000
Expenditure	143 000	210 000	172 000	132 000
Operating Profit	37 000	−30 000	8 000	19 000
Financial Income	120 000	112 000	98 000	135 000
Financial Costs	1 000	7 000	0	1 000
Financial Balance	119 000	105 000	98 000	134 000
Earnings Before Tax	156 000	75 000	106 000	153 000
Tax	34 000	17 000	23 000	34 000
Net Income	122 000	59 000	83 000	119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 092 000	5 751 000	6 022 000	5 830 000
Total Current Assets	1 502 000	827 000	572 000	767 000
Total Assets	6 594 000	6 578 000	6 594 000	6 597 000
Total Retained Equity	−53 000	−175 000	−105 000	−188 000
Total Equity	6 470 000	6 468 000	6 469 000	6 487 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	124 000	109 000	126 000	110 000
Total Equity and Debt	6 594 000	6 578 000	6 594 000	6 597 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	54 000	0	0	0
Other Income	126 000	180 000	180 000	152 000
Revenue	180 000	180 000	180 000	152 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	21 000	37 000	37 000	16 000
Impairment	0	0	0	0
Expenditure	143 000	210 000	172 000	132 000
Operating Profit	37 000	−30 000	8 000	19 000
Financial Income	120 000	112 000	98 000	135 000
Financial Costs	1 000	7 000	0	1 000
Financial Balance	119 000	105 000	98 000	134 000
Dividends	0	0	0	0
Net Income	122 000	59 000	83 000	119 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 000	8 000	3 000	3 000
Real Eastate	995 000	995 000	995 000	995 000
Machinery and Plant Facilities	0	15 000	40 000	65 000
Fixtures	0	6 000	18 000	29 000
Total Tangible Assets	995 000	1 016 000	1 052 000	1 089 000
Total Fiancial Fixed Assets	4 087 000	4 727 000	4 967 000	4 738 000
Total Fixed Assets	5 092 000	5 751 000	6 022 000	5 830 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 433 000	758 000	480 000	446 000
Total Current Assets	1 502 000	827 000	572 000	767 000
Total Assets	6 594 000	6 578 000	6 594 000	6 597 000
Total Equity	6 470 000	6 468 000	6 469 000	6 487 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	−4 000	−8 000	0
Unpaid Taxes	1 000	9 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	83 000	79 000	79 000
Total Current Debt	124 000	109 000	126 000	110 000
Total Equity and Debt	6 594 000	6 578 000	6 594 000	6 597 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,89 %	0,91 %	1,28 %	1,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,56 %	−16,67 %	4,44 %	12,5 %
Current Ratio	12,11	7,59	4,54	6,97
Quick Ratio	12,11	7,59	4,54	6,97
Equity Ratio	0,98	0,98	0,98	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %