MINEL AINSTALL AS

2770 JAREN

Finances

Share Ownership

Return on Equity

45,58 %

Current Ratio

1,5

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 624 000	17 881 000	17 000 000	17 451 000
Net Income	1 295 000	2 137 000	1 780 000	2 192 000
Total Assets	8 421 000	9 006 000	7 837 000	8 236 000
Total Equity	2 841 000	2 841 000	2 704 000	4 503 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 624 000	17 881 000	17 000 000	17 451 000
Expenditure	17 096 000	15 168 000	14 718 000	14 659 000
Operating Profit	1 528 000	2 714 000	2 281 000	2 793 000
Financial Income	118 000	26 000	12 000	23 000
Financial Costs	10 000	0	2 000	2 000
Financial Balance	108 000	26 000	10 000	21 000
Earnings Before Tax	1 637 000	2 740 000	2 291 000	2 814 000
Tax	342 000	603 000	511 000	622 000
Net Income	1 295 000	2 137 000	1 780 000	2 192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	164 000	882 000	733 000	293 000
Total Current Assets	8 256 000	8 125 000	7 104 000	7 944 000
Total Assets	8 421 000	9 006 000	7 837 000	8 236 000
Total Retained Equity	2 641 000	2 641 000	2 504 000	4 303 000
Total Equity	2 841 000	2 841 000	2 704 000	4 503 000
Total Long-Term Debt	60 000	0	19 000	134 000
Total Current Debt	5 520 000	6 166 000	5 114 000	3 599 000
Total Equity and Debt	8 421 000	9 006 000	7 837 000	8 236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 559 000	17 881 000	17 000 000	17 451 000
Other Income	65 000	0	0	0
Revenue	18 624 000	17 881 000	17 000 000	17 451 000
Cost of Goods Sold	8 365 000	7 212 000	6 999 000	6 717 000
Salary Costs	5 989 000	5 951 000	5 664 000	5 764 000
Depreciation	24 000	19 000	31 000	36 000
Impairment	0	0	0	0
Expenditure	17 096 000	15 168 000	14 718 000	14 659 000
Operating Profit	1 528 000	2 714 000	2 281 000	2 793 000
Financial Income	118 000	26 000	12 000	23 000
Financial Costs	10 000	0	2 000	2 000
Financial Balance	108 000	26 000	10 000	21 000
Dividends	1 294 000	0	1 780 000	0
Net Income	1 295 000	2 137 000	1 780 000	2 192 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	72 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	5 000	12 000	35 000
Fixtures	38 000	26 000	8 000	16 000
Total Tangible Assets	38 000	31 000	19 000	51 000
Total Fiancial Fixed Assets	126 000	778 000	713 000	242 000
Total Fixed Assets	164 000	882 000	733 000	293 000
Stock	1 133 000	1 035 000	907 000	867 000
Total Investments	0	0	0	0
Cash, Bank	839 000	4 087 000	4 062 000	5 364 000
Total Current Assets	8 256 000	8 125 000	7 104 000	7 944 000
Total Assets	8 421 000	9 006 000	7 837 000	8 236 000
Total Equity	2 841 000	2 841 000	2 704 000	4 503 000
Short-Term Group Debt	437 000	0	0	0
Total Long-Term Debt	60 000	0	19 000	134 000
Creditors	1 708 000	920 000	410 000	1 136 000
Unpaid Taxes	757 000	1 234 000	1 187 000	1 102 000
Dividends	1 294 000	0	1 780 000	0
Other Current Debt	1 115 000	3 317 000	1 111 000	694 000
Total Current Debt	5 520 000	6 166 000	5 114 000	3 599 000
Total Equity and Debt	8 421 000	9 006 000	7 837 000	8 236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,58 %	75,22 %	65,83 %	48,68 %
Debt-to-Equity Ratio	0,02	0	0,01	0,03
Operating Profit Margin	8,2 %	15,18 %	13,42 %	16 %
Current Ratio	1,5	1,32	1,39	2,21
Quick Ratio	1,88	1,58	1,69	2,91
Equity Ratio	0,34	0,32	0,35	0,55
Gross Profit Margin	55,08 %	59,67 %	58,83 %	61,51 %