GLOBAL CONCEPT MITCO AS

0581 OSLO

Finances

Return on Equity

12,72 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 559 000	39 303 000	35 787 000	37 893 000
Net Income	347 000	2 620 000	902 000	−1 333 000
Total Assets	10 758 000	11 624 000	11 728 000	11 988 000
Total Equity	2 729 000	2 942 000	2 572 000	1 670 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 559 000	39 303 000	35 787 000	37 893 000
Expenditure	36 961 000	36 437 000	34 622 000	39 285 000
Operating Profit	598 000	2 867 000	1 166 000	−1 391 000
Financial Income	147 000	574 000	265 000	33 000
Financial Costs	299 000	82 000	269 000	347 000
Financial Balance	−152 000	492 000	−4 000	−314 000
Earnings Before Tax	446 000	3 359 000	1 163 000	−1 704 000
Tax	99 000	739 000	261 000	−371 000
Net Income	347 000	2 620 000	902 000	−1 333 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 253 000	1 705 000	1 719 000	3 493 000
Total Current Assets	9 505 000	9 919 000	10 010 000	8 494 000
Total Assets	10 758 000	11 624 000	11 728 000	11 988 000
Total Retained Equity	2 629 000	2 842 000	2 472 000	1 570 000
Total Equity	2 729 000	2 942 000	2 572 000	1 670 000
Total Long-Term Debt	0	27 000	88 000	920 000
Total Current Debt	8 029 000	8 655 000	9 068 000	9 397 000
Total Equity and Debt	10 758 000	11 624 000	11 728 000	11 988 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 434 000	39 124 000	35 769 000	37 893 000
Other Income	125 000	180 000	19 000	0
Revenue	37 559 000	39 303 000	35 787 000	37 893 000
Cost of Goods Sold	10 894 000	12 515 000	10 849 000	13 511 000
Salary Costs	14 461 000	13 551 000	14 081 000	14 385 000
Depreciation	465 000	433 000	1 020 000	399 000
Impairment	0	0	0	0
Expenditure	36 961 000	36 437 000	34 622 000	39 285 000
Operating Profit	598 000	2 867 000	1 166 000	−1 391 000
Financial Income	147 000	574 000	265 000	33 000
Financial Costs	299 000	82 000	269 000	347 000
Financial Balance	−152 000	492 000	−4 000	−314 000
Dividends	560 000	2 250 000	0	0
Net Income	347 000	2 620 000	902 000	−1 333 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	122 000	109 000	142 000	343 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	22 000	173 000	2 101 000
Fixtures	388 000	831 000	686 000	333 000
Total Tangible Assets	388 000	853 000	859 000	2 433 000
Total Fiancial Fixed Assets	742 000	742 000	717 000	717 000
Total Fixed Assets	1 253 000	1 705 000	1 719 000	3 493 000
Stock	3 120 000	2 850 000	3 109 000	2 495 000
Total Investments	0	0	0	0
Cash, Bank	575 000	790 000	1 396 000	885 000
Total Current Assets	9 505 000	9 919 000	10 010 000	8 494 000
Total Assets	10 758 000	11 624 000	11 728 000	11 988 000
Total Equity	2 729 000	2 942 000	2 572 000	1 670 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	27 000	88 000	920 000
Creditors	2 889 000	2 147 000	2 964 000	4 462 000
Unpaid Taxes	2 170 000	1 901 000	2 105 000	2 048 000
Dividends	560 000	2 250 000	0	0
Other Current Debt	2 252 000	1 651 000	3 938 000	2 887 000
Total Current Debt	8 029 000	8 655 000	9 068 000	9 397 000
Total Equity and Debt	10 758 000	11 624 000	11 728 000	11 988 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,72 %	89,06 %	35,07 %	−79,82 %
Debt-to-Equity Ratio	0	0,01	0,03	0,55
Operating Profit Margin	1,59 %	7,29 %	3,26 %	−3,67 %
Current Ratio	1,18	1,15	1,1	0,9
Quick Ratio	1,94	1,71	1,68	1,23
Equity Ratio	0,25	0,25	0,22	0,14
Gross Profit Margin	70,99 %	68,16 %	69,68 %	64,34 %