MILANO NARDO AS

7033 TRONDHEIM

Finances

Share Ownership

Return on Equity

−15,89 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 905 000	9 788 000	9 489 000	10 165 000
Net Income	−96 000	104 000	498 000	266 000
Total Assets	2 320 000	2 191 000	1 857 000	1 324 000
Total Equity	604 000	700 000	595 000	97 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 905 000	9 788 000	9 489 000	10 165 000
Expenditure	11 002 000	9 654 000	8 932 000	9 895 000
Operating Profit	−96 000	133 000	557 000	271 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	1 000	6 000	1 000	6 000
Financial Balance	0	−6 000	0	−5 000
Earnings Before Tax	−96 000	127 000	557 000	266 000
Tax	0	23 000	59 000	0
Net Income	−96 000	104 000	498 000	266 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	73 000	77 000	29 000	43 000
Total Current Assets	2 247 000	2 114 000	1 829 000	1 281 000
Total Assets	2 320 000	2 191 000	1 857 000	1 324 000
Total Retained Equity	501 000	597 000	492 000	−6 000
Total Equity	604 000	700 000	595 000	97 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 716 000	1 491 000	1 262 000	1 227 000
Total Equity and Debt	2 320 000	2 191 000	1 857 000	1 324 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 830 000	9 751 000	9 423 000	10 165 000
Other Income	75 000	37 000	66 000	0
Revenue	10 905 000	9 788 000	9 489 000	10 165 000
Cost of Goods Sold	3 563 000	3 146 000	3 048 000	3 424 000
Salary Costs	5 427 000	4 755 000	4 115 000	4 732 000
Depreciation	33 000	20 000	14 000	14 000
Impairment	0	0	0	0
Expenditure	11 002 000	9 654 000	8 932 000	9 895 000
Operating Profit	−96 000	133 000	557 000	271 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	1 000	6 000	1 000	6 000
Financial Balance	0	−6 000	0	−5 000
Dividends	0	0	0	0
Net Income	−96 000	104 000	498 000	266 000

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	73 000	77 000	29 000	43 000
Total Tangible Assets	73 000	77 000	29 000	43 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	73 000	77 000	29 000	43 000
Stock	178 000	175 000	219 000	256 000
Total Investments	0	0	0	0
Cash, Bank	1 715 000	1 718 000	1 367 000	631 000
Total Current Assets	2 247 000	2 114 000	1 829 000	1 281 000
Total Assets	2 320 000	2 191 000	1 857 000	1 324 000
Total Equity	604 000	700 000	595 000	97 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	184 000	110 000	346 000	322 000
Unpaid Taxes	554 000	509 000	467 000	486 000
Dividends	0	0	0	0
Other Current Debt	978 000	849 000	391 000	419 000
Total Current Debt	1 716 000	1 491 000	1 262 000	1 227 000
Total Equity and Debt	2 320 000	2 191 000	1 857 000	1 324 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,89 %	14,86 %	83,7 %	274,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,88 %	1,36 %	5,87 %	2,67 %
Current Ratio	1,31	1,42	1,45	1,04
Quick Ratio	1,46	1,61	1,75	1,32
Equity Ratio	0,26	0,32	0,32	0,07
Gross Profit Margin	67,33 %	67,86 %	67,88 %	66,32 %