MIO TREND AS

1940 BJØRKELANGEN

Finances

Return on Equity

71,49 %

Current Ratio

2,83

Debt-to-Equity Ratio

2,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 926 000	10 128 000	9 082 000	8 699 000
Net Income	652 000	1 417 000	1 002 000	−1 214 000
Total Assets	4 710 000	4 296 000	3 298 000	2 533 000
Total Equity	912 000	260 000	−1 157 000	−2 158 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 926 000	10 128 000	9 082 000	8 699 000
Expenditure	9 130 000	8 652 000	7 984 000	9 817 000
Operating Profit	796 000	1 476 000	1 098 000	−1 119 000
Financial Income	−1 000	−2 000	0	−2 000
Financial Costs	52 000	56 000	96 000	93 000
Financial Balance	−53 000	−58 000	−96 000	−95 000
Earnings Before Tax	743 000	1 417 000	1 002 000	−1 214 000
Tax	91 000	0	0	0
Net Income	652 000	1 417 000	1 002 000	−1 214 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	61 000	41 000	86 000	300 000
Total Current Assets	4 648 000	4 256 000	3 211 000	2 233 000
Total Assets	4 710 000	4 296 000	3 298 000	2 533 000
Total Retained Equity	−88 000	−740 000	−2 157 000	−3 158 000
Total Equity	912 000	260 000	−1 157 000	−2 158 000
Total Long-Term Debt	2 155 000	2 750 000	3 336 000	3 614 000
Total Current Debt	1 642 000	1 286 000	1 118 000	1 077 000
Total Equity and Debt	4 710 000	4 296 000	3 298 000	2 533 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 926 000	10 123 000	9 072 000	8 699 000
Other Income	0	5 000	10 000	0
Revenue	9 926 000	10 128 000	9 082 000	8 699 000
Cost of Goods Sold	5 775 000	5 564 000	5 036 000	5 563 000
Salary Costs	1 648 000	1 370 000	1 144 000	1 582 000
Depreciation	0	46 000	214 000	364 000
Impairment	0	0	0	0
Expenditure	9 130 000	8 652 000	7 984 000	9 817 000
Operating Profit	796 000	1 476 000	1 098 000	−1 119 000
Financial Income	−1 000	−2 000	0	−2 000
Financial Costs	52 000	56 000	96 000	93 000
Financial Balance	−53 000	−58 000	−96 000	−95 000
Dividends	0	0	0	0
Net Income	652 000	1 417 000	1 002 000	−1 214 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	46 000	260 000
Total Tangible Assets	0	0	46 000	260 000
Total Fiancial Fixed Assets	61 000	41 000	41 000	41 000
Total Fixed Assets	61 000	41 000	86 000	300 000
Stock	3 603 000	2 997 000	2 558 000	2 244 000
Total Investments	0	0	0	0
Cash, Bank	741 000	982 000	95 000	−422 000
Total Current Assets	4 648 000	4 256 000	3 211 000	2 233 000
Total Assets	4 710 000	4 296 000	3 298 000	2 533 000
Total Equity	912 000	260 000	−1 157 000	−2 158 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 155 000	2 750 000	3 336 000	3 614 000
Creditors	563 000	413 000	473 000	283 000
Unpaid Taxes	394 000	405 000	339 000	363 000
Dividends	0	0	0	0
Other Current Debt	594 000	468 000	306 000	431 000
Total Current Debt	1 642 000	1 286 000	1 118 000	1 077 000
Total Equity and Debt	4 710 000	4 296 000	3 298 000	2 533 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,49 %	545 %	−86,6 %	56,26 %
Debt-to-Equity Ratio	2,36	10,58	−2,88	−1,67
Operating Profit Margin	8,02 %	14,57 %	12,09 %	−12,86 %
Current Ratio	2,83	3,31	2,87	2,07
Quick Ratio	−2,37	−2,49	−2,23	−1,91
Equity Ratio	0,19	0,06	−0,35	−0,85
Gross Profit Margin	41,82 %	45,06 %	44,55 %	36,05 %