MINNESOTA AGENCY AS

0159 OSLO

Finances

Return on Equity

104,42 %

Current Ratio

0,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 422 000	22 501 000	15 663 000	15 453 000
Net Income	2 032 000	1 959 000	912 000	−1 786 000
Total Assets	7 688 000	6 282 000	2 503 000	2 332 000
Total Equity	1 946 000	1 946 000	−3 255 000	−4 167 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 422 000	22 501 000	15 663 000	15 453 000
Expenditure	22 042 000	20 218 000	14 119 000	16 790 000
Operating Profit	2 378 000	2 283 000	1 544 000	−1 336 000
Financial Income	2 000	49 000	22 000	22 000
Financial Costs	138 000	374 000	654 000	472 000
Financial Balance	−136 000	−325 000	−632 000	−450 000
Earnings Before Tax	2 242 000	1 959 000	912 000	−1 786 000
Tax	210 000	0	0	0
Net Income	2 032 000	1 959 000	912 000	−1 786 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 326 000	1 829 000	878 000	209 000
Total Current Assets	4 363 000	4 453 000	1 625 000	2 123 000
Total Assets	7 688 000	6 282 000	2 503 000	2 332 000
Total Retained Equity	0	0	−3 322 000	−4 233 000
Total Equity	1 946 000	1 946 000	−3 255 000	−4 167 000
Total Long-Term Debt	0	0	1 022 000	1 950 000
Total Current Debt	5 743 000	4 337 000	4 736 000	4 549 000
Total Equity and Debt	7 688 000	6 282 000	2 503 000	2 332 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 422 000	22 501 000	15 663 000	15 453 000
Other Income	0	0	0	0
Revenue	24 422 000	22 501 000	15 663 000	15 453 000
Cost of Goods Sold	7 855 000	7 417 000	4 324 000	4 742 000
Salary Costs	9 236 000	8 140 000	6 696 000	7 553 000
Depreciation	185 000	222 000	200 000	131 000
Impairment	0	0	0	0
Expenditure	22 042 000	20 218 000	14 119 000	16 790 000
Operating Profit	2 378 000	2 283 000	1 544 000	−1 336 000
Financial Income	2 000	49 000	22 000	22 000
Financial Costs	138 000	374 000	654 000	472 000
Financial Balance	−136 000	−325 000	−632 000	−450 000
Dividends	2 032 000	770 000	0	0
Net Income	2 032 000	1 959 000	912 000	−1 786 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	413 000	550 000	688 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	58 000	106 000	191 000	209 000
Total Tangible Assets	58 000	106 000	191 000	209 000
Total Fiancial Fixed Assets	2 855 000	1 173 000	0	0
Total Fixed Assets	3 326 000	1 829 000	878 000	209 000
Stock	0	0	0	825 000
Total Investments	48 000	48 000	0	50 000
Cash, Bank	319 000	2 677 000	257 000	31 000
Total Current Assets	4 363 000	4 453 000	1 625 000	2 123 000
Total Assets	7 688 000	6 282 000	2 503 000	2 332 000
Total Equity	1 946 000	1 946 000	−3 255 000	−4 167 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 022 000	1 950 000
Creditors	934 000	321 000	1 066 000	2 447 000
Unpaid Taxes	1 062 000	2 206 000	2 340 000	1 253 000
Dividends	2 032 000	770 000	0	0
Other Current Debt	1 046 000	808 000	507 000	562 000
Total Current Debt	5 743 000	4 337 000	4 736 000	4 549 000
Total Equity and Debt	7 688 000	6 282 000	2 503 000	2 332 000

Financial indicators	2022	2021	2020	2019
Return on Equity	104,42 %	100,67 %	−28,02 %	42,86 %
Debt-to-Equity Ratio	0	0	−0,31	−0,47
Operating Profit Margin	9,74 %	10,15 %	9,86 %	−8,65 %
Current Ratio	0,76	1,03	0,34	0,47
Quick Ratio	0,76	1,03	0,34	0,57
Equity Ratio	0,25	0,31	−1,3	−1,79
Gross Profit Margin	67,84 %	67,04 %	72,39 %	69,31 %