MENTZONI WORLDWIDE MINISTRY AS

1735 VARTEIG

Finances

Share Ownership

Return on Equity

−13,74 %

Current Ratio

1,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	456 000	433 000	353 000	401 000
Net Income	−25 000	24 000	52 000	84 000
Total Assets	417 000	613 000	426 000	164 000
Total Equity	182 000	207 000	183 000	131 000

Income (NOK)	2022	2021	2020	2019
Revenue	456 000	433 000	353 000	401 000
Expenditure	475 000	408 000	285 000	311 000
Operating Profit	−19 000	25 000	67 000	89 000
Financial Income	1 000	0	0	1 000
Financial Costs	2 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	1 000
Earnings Before Tax	−20 000	24 000	67 000	90 000
Tax	5 000	0	15 000	6 000
Net Income	−25 000	24 000	52 000	84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	14 000
Total Current Assets	417 000	613 000	426 000	151 000
Total Assets	417 000	613 000	426 000	164 000
Total Retained Equity	71 000	96 000	72 000	31 000
Total Equity	182 000	207 000	183 000	131 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	235 000	406 000	243 000	34 000
Total Equity and Debt	417 000	613 000	426 000	164 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	320 000	280 000	235 000	289 000
Other Income	137 000	152 000	118 000	112 000
Revenue	456 000	433 000	353 000	401 000
Cost of Goods Sold	81 000	83 000	94 000	96 000
Salary Costs	109 000	69 000	27 000	31 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	475 000	408 000	285 000	311 000
Operating Profit	−19 000	25 000	67 000	89 000
Financial Income	1 000	0	0	1 000
Financial Costs	2 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	1 000
Dividends	0	0	0	0
Net Income	−25 000	24 000	52 000	84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	14 000
Stock	33 000	33 000	33 000	6 000
Total Investments	0	0	0	0
Cash, Bank	114 000	408 000	279 000	82 000
Total Current Assets	417 000	613 000	426 000	151 000
Total Assets	417 000	613 000	426 000	164 000
Total Equity	182 000	207 000	183 000	131 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	−9 000	−8 000	−2 000
Unpaid Taxes	13 000	5 000	−8 000	5 000
Dividends	0	0	0	0
Other Current Debt	222 000	410 000	243 000	25 000
Total Current Debt	235 000	406 000	243 000	34 000
Total Equity and Debt	417 000	613 000	426 000	164 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,74 %	11,59 %	28,42 %	64,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−4,17 %	5,77 %	18,98 %	22,19 %
Current Ratio	1,77	1,51	1,75	4,44
Quick Ratio	2,06	1,64	2,03	5,39
Equity Ratio	0,44	0,34	0,43	0,8
Gross Profit Margin	82,24 %	80,83 %	73,37 %	76,06 %