MIND AS

7014 TRONDHEIM

Finances

Share Ownership

Return on Equity

10,94 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 699 000	8 442 000	11 216 000	16 155 000
Net Income	304 000	−1 070 000	1 536 000	2 787 000
Total Assets	4 958 000	4 931 000	8 460 000	8 826 000
Total Equity	2 780 000	3 476 000	4 546 000	5 010 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 699 000	8 442 000	11 216 000	16 155 000
Expenditure	8 425 000	9 874 000	10 281 000	12 792 000
Operating Profit	273 000	−1 433 000	935 000	3 363 000
Financial Income	14 000	8 000	821 000	175 000
Financial Costs	4 000	0	7 000	1 000
Financial Balance	10 000	8 000	814 000	174 000
Earnings Before Tax	283 000	−1 425 000	1 749 000	3 537 000
Tax	−21 000	−355 000	213 000	750 000
Net Income	304 000	−1 070 000	1 536 000	2 787 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	640 000	727 000	356 000	382 000
Total Current Assets	4 318 000	4 204 000	8 104 000	8 445 000
Total Assets	4 958 000	4 931 000	8 460 000	8 826 000
Total Retained Equity	2 680 000	3 376 000	4 446 000	4 910 000
Total Equity	2 780 000	3 476 000	4 546 000	5 010 000
Total Long-Term Debt	0	0	5 000	10 000
Total Current Debt	2 178 000	1 455 000	3 908 000	3 806 000
Total Equity and Debt	4 958 000	4 931 000	8 460 000	8 826 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 265 000	8 218 000	11 216 000	16 155 000
Other Income	434 000	223 000	0	0
Revenue	8 699 000	8 442 000	11 216 000	16 155 000
Cost of Goods Sold	334 000	0	0	2 000
Salary Costs	5 452 000	7 071 000	7 015 000	8 460 000
Depreciation	125 000	142 000	166 000	146 000
Impairment	0	0	0	0
Expenditure	8 425 000	9 874 000	10 281 000	12 792 000
Operating Profit	273 000	−1 433 000	935 000	3 363 000
Financial Income	14 000	8 000	821 000	175 000
Financial Costs	4 000	0	7 000	1 000
Financial Balance	10 000	8 000	814 000	174 000
Dividends	1 000 000	0	0	0
Net Income	304 000	−1 070 000	1 536 000	2 787 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	514 000	539 000	126 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	126 000	188 000	229 000	296 000
Total Tangible Assets	126 000	188 000	229 000	296 000
Total Fiancial Fixed Assets	0	0	0	50 000
Total Fixed Assets	640 000	727 000	356 000	382 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 962 000	2 974 000	6 784 000	7 126 000
Total Current Assets	4 318 000	4 204 000	8 104 000	8 445 000
Total Assets	4 958 000	4 931 000	8 460 000	8 826 000
Total Equity	2 780 000	3 476 000	4 546 000	5 010 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	5 000	10 000
Creditors	199 000	106 000	208 000	36 000
Unpaid Taxes	564 000	662 000	869 000	1 163 000
Dividends	1 000 000	0	0	0
Other Current Debt	414 000	687 000	614 000	1 859 000
Total Current Debt	2 178 000	1 455 000	3 908 000	3 806 000
Total Equity and Debt	4 958 000	4 931 000	8 460 000	8 826 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,94 %	−30,78 %	33,79 %	55,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,14 %	−16,97 %	8,34 %	20,82 %
Current Ratio	1,98	2,89	2,07	2,22
Quick Ratio	1,98	2,89	2,07	2,22
Equity Ratio	0,56	0,7	0,54	0,57
Gross Profit Margin	96,16 %	100 %	100 %	99,99 %