MIKALSEN BAKERI PRODUKSJON AS

7052 TRONDHEIM

Finances

Share Ownership

Return on Equity

−2,08 %

Current Ratio

0,82

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 981 000	5 278 000	4 661 000	2 888 000
Net Income	−22 000	78 000	11 000	277 000
Total Assets	1 894 000	1 854 000	1 716 000	1 168 000
Total Equity	1 060 000	1 082 000	1 004 000	993 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 981 000	5 278 000	4 661 000	2 888 000
Expenditure	6 005 000	5 227 000	4 647 000	2 534 000
Operating Profit	−25 000	52 000	13 000	355 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Earnings Before Tax	−24 000	52 000	14 000	355 000
Tax	−3 000	−26 000	3 000	78 000
Net Income	−22 000	78 000	11 000	277 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 339 000	1 149 000	1 189 000	250 000
Total Current Assets	555 000	705 000	527 000	918 000
Total Assets	1 894 000	1 854 000	1 716 000	1 168 000
Total Retained Equity	960 000	982 000	904 000	893 000
Total Equity	1 060 000	1 082 000	1 004 000	993 000
Total Long-Term Debt	161 000	0	3 000	0
Total Current Debt	673 000	773 000	709 000	175 000
Total Equity and Debt	1 894 000	1 854 000	1 716 000	1 168 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 981 000	5 278 000	4 495 000	2 888 000
Other Income	0	0	166 000	0
Revenue	5 981 000	5 278 000	4 661 000	2 888 000
Cost of Goods Sold	1 272 000	1 031 000	1 122 000	1 590 000
Salary Costs	2 676 000	2 306 000	1 696 000	−46 000
Depreciation	52 000	29 000	2 000	0
Impairment	0	0	0	0
Expenditure	6 005 000	5 227 000	4 647 000	2 534 000
Operating Profit	−25 000	52 000	13 000	355 000
Financial Income	0	0	1 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	1 000	0
Dividends	0	0	0	0
Net Income	−22 000	78 000	11 000	277 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	22 000	0	0
Real Eastate	54 000	61 000	68 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	449 000	103 000	53 000	0
Total Tangible Assets	504 000	164 000	121 000	0
Total Fiancial Fixed Assets	811 000	963 000	1 068 000	250 000
Total Fixed Assets	1 339 000	1 149 000	1 189 000	250 000
Stock	99 000	92 000	97 000	78 000
Total Investments	0	0	0	0
Cash, Bank	313 000	459 000	331 000	74 000
Total Current Assets	555 000	705 000	527 000	918 000
Total Assets	1 894 000	1 854 000	1 716 000	1 168 000
Total Equity	1 060 000	1 082 000	1 004 000	993 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	161 000	0	3 000	0
Creditors	267 000	398 000	30 000	64 000
Unpaid Taxes	159 000	115 000	135 000	33 000
Dividends	0	0	0	0
Other Current Debt	247 000	259 000	544 000	0
Total Current Debt	673 000	773 000	709 000	175 000
Total Equity and Debt	1 894 000	1 854 000	1 716 000	1 168 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,08 %	7,21 %	1,1 %	27,9 %
Debt-to-Equity Ratio	0,15	0	0	0
Operating Profit Margin	−0,42 %	0,99 %	0,28 %	12,29 %
Current Ratio	0,82	0,91	0,74	5,25
Quick Ratio	0,97	1,04	0,86	9,46
Equity Ratio	0,56	0,58	0,59	0,85
Gross Profit Margin	78,73 %	80,47 %	75,93 %	44,94 %