MYKJÅLAND OG LINDAL ELEKTRISKE AS

4636 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

129,13 %

Current Ratio

1,2

Debt-to-Equity Ratio

0,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 619 000	8 185 000	8 938 000	6 749 000
Net Income	1 392 000	1 476 000	1 335 000	1 273 000
Total Assets	5 701 000	4 282 000	4 476 000	3 029 000
Total Equity	1 078 000	1 086 000	610 000	775 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 619 000	8 185 000	8 938 000	6 749 000
Expenditure	8 809 000	6 292 000	7 190 000	5 114 000
Operating Profit	1 778 000	1 893 000	1 748 000	1 635 000
Financial Income	0	0	2 000	0
Financial Costs	15 000	4 000	6 000	3 000
Financial Balance	−15 000	−4 000	−4 000	−3 000
Earnings Before Tax	1 764 000	1 889 000	1 743 000	1 633 000
Tax	372 000	413 000	408 000	359 000
Net Income	1 392 000	1 476 000	1 335 000	1 273 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	572 000	250 000	55 000	103 000
Total Current Assets	5 129 000	4 032 000	4 421 000	2 926 000
Total Assets	5 701 000	4 282 000	4 476 000	3 029 000
Total Retained Equity	978 000	986 000	510 000	675 000
Total Equity	1 078 000	1 086 000	610 000	775 000
Total Long-Term Debt	339 000	0	0	7 000
Total Current Debt	4 284 000	3 195 000	3 866 000	2 247 000
Total Equity and Debt	5 701 000	4 282 000	4 476 000	3 029 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 619 000	8 184 000	8 909 000	6 749 000
Other Income	0	0	29 000	0
Revenue	10 619 000	8 185 000	8 938 000	6 749 000
Cost of Goods Sold	3 979 000	2 845 000	3 271 000	2 283 000
Salary Costs	3 439 000	2 599 000	2 890 000	2 301 000
Depreciation	105 000	28 000	48 000	12 000
Impairment	0	0	0	0
Expenditure	8 809 000	6 292 000	7 190 000	5 114 000
Operating Profit	1 778 000	1 893 000	1 748 000	1 635 000
Financial Income	0	0	2 000	0
Financial Costs	15 000	4 000	6 000	3 000
Financial Balance	−15 000	−4 000	−4 000	−3 000
Dividends	1 400 000	1 000 000	1 500 000	600 000
Net Income	1 392 000	1 476 000	1 335 000	1 273 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	11 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	572 000	250 000	55 000	92 000
Total Tangible Assets	572 000	250 000	55 000	103 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	572 000	250 000	55 000	103 000
Stock	142 000	174 000	71 000	59 000
Total Investments	0	0	0	0
Cash, Bank	2 175 000	2 278 000	3 120 000	1 610 000
Total Current Assets	5 129 000	4 032 000	4 421 000	2 926 000
Total Assets	5 701 000	4 282 000	4 476 000	3 029 000
Total Equity	1 078 000	1 086 000	610 000	775 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	339 000	0	0	7 000
Creditors	1 208 000	826 000	741 000	274 000
Unpaid Taxes	596 000	448 000	562 000	552 000
Dividends	1 400 000	1 000 000	1 500 000	600 000
Other Current Debt	717 000	508 000	648 000	451 000
Total Current Debt	4 284 000	3 195 000	3 866 000	2 247 000
Total Equity and Debt	5 701 000	4 282 000	4 476 000	3 029 000

Financial indicators	2022	2021	2020	2019
Return on Equity	129,13 %	135,91 %	218,85 %	164,26 %
Debt-to-Equity Ratio	0,31	0	0	0,01
Operating Profit Margin	16,74 %	23,13 %	19,56 %	24,23 %
Current Ratio	1,2	1,26	1,14	1,3
Quick Ratio	1,24	1,33	1,16	1,34
Equity Ratio	0,19	0,25	0,14	0,26
Gross Profit Margin	62,53 %	65,24 %	63,4 %	66,17 %