MASKINENTREPRENØR KARSTEN MIKALSEN AS

1628 ENGELSVIKEN

Finances

Return on Equity

60,08 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 528 000	20 971 000	19 930 000	22 525 000
Net Income	3 895 000	−327 000	1 005 000	145 000
Total Assets	14 947 000	7 946 000	7 776 000	8 219 000
Total Equity	6 483 000	2 588 000	2 915 000	1 910 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 528 000	20 971 000	19 930 000	22 525 000
Expenditure	34 273 000	21 206 000	18 502 000	21 957 000
Operating Profit	4 256 000	−236 000	1 428 000	568 000
Financial Income	1 000	39 000	1 000	1 000
Financial Costs	97 000	131 000	170 000	236 000
Financial Balance	−96 000	−92 000	−169 000	−235 000
Earnings Before Tax	4 159 000	−327 000	1 260 000	333 000
Tax	264 000	0	255 000	188 000
Net Income	3 895 000	−327 000	1 005 000	145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 322 000	1 627 000	885 000	1 010 000
Total Current Assets	12 624 000	6 319 000	6 891 000	7 208 000
Total Assets	14 947 000	7 946 000	7 776 000	8 219 000
Total Retained Equity	6 349 000	2 454 000	2 781 000	1 776 000
Total Equity	6 483 000	2 588 000	2 915 000	1 910 000
Total Long-Term Debt	1 592 000	1 274 000	1 082 000	1 363 000
Total Current Debt	6 872 000	4 085 000	3 780 000	4 946 000
Total Equity and Debt	14 947 000	7 946 000	7 776 000	8 219 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 458 000	20 087 000	19 573 000	22 479 000
Other Income	70 000	884 000	357 000	46 000
Revenue	38 528 000	20 971 000	19 930 000	22 525 000
Cost of Goods Sold	14 961 000	8 317 000	6 044 000	9 495 000
Salary Costs	10 539 000	7 944 000	7 397 000	7 075 000
Depreciation	140 000	183 000	158 000	311 000
Impairment	0	0	0	0
Expenditure	34 273 000	21 206 000	18 502 000	21 957 000
Operating Profit	4 256 000	−236 000	1 428 000	568 000
Financial Income	1 000	39 000	1 000	1 000
Financial Costs	97 000	131 000	170 000	236 000
Financial Balance	−96 000	−92 000	−169 000	−235 000
Dividends	0	0	0	0
Net Income	3 895 000	−327 000	1 005 000	145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 272 000	1 293 000	0	0
Total Intangible Assets	1 272 000	1 293 000	0	490 000
Real Eastate	8 000	8 000	491 000	8 000
Machinery and Plant Facilities	765 000	34 000	160 000	264 000
Fixtures	277 000	292 000	235 000	240 000
Total Tangible Assets	1 050 000	334 000	885 000	513 000
Total Fiancial Fixed Assets	0	0	0	7 000
Total Fixed Assets	2 322 000	1 627 000	885 000	1 010 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 364 000	878 000	2 477 000	530 000
Total Current Assets	12 624 000	6 319 000	6 891 000	7 208 000
Total Assets	14 947 000	7 946 000	7 776 000	8 219 000
Total Equity	6 483 000	2 588 000	2 915 000	1 910 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 592 000	1 274 000	1 082 000	1 363 000
Creditors	3 780 000	2 481 000	1 228 000	2 244 000
Unpaid Taxes	1 211 000	741 000	1 505 000	1 540 000
Dividends	0	0	0	0
Other Current Debt	1 617 000	862 000	792 000	975 000
Total Current Debt	6 872 000	4 085 000	3 780 000	4 946 000
Total Equity and Debt	14 947 000	7 946 000	7 776 000	8 219 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,08 %	−12,64 %	34,48 %	7,59 %
Debt-to-Equity Ratio	0,25	0,49	0,37	0,71
Operating Profit Margin	11,05 %	−1,13 %	7,17 %	2,52 %
Current Ratio	1,84	1,55	1,82	1,46
Quick Ratio	1,84	1,55	1,82	1,46
Equity Ratio	0,43	0,33	0,37	0,23
Gross Profit Margin	61,17 %	60,34 %	69,67 %	57,85 %