MIVO AS

6013 ÅLESUND

Finances

Share Ownership

Return on Equity

15,17 %

Current Ratio

1,55

Debt-to-Equity Ratio

1,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 555 000	7 460 000	7 342 000	10 073 000
Net Income	698 000	1 254 000	1 246 000	2 072 000
Total Assets	16 744 000	12 755 000	12 870 000	9 499 000
Total Equity	4 600 000	4 006 000	3 965 000	2 719 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 555 000	7 460 000	7 342 000	10 073 000
Expenditure	10 316 000	5 688 000	5 653 000	7 359 000
Operating Profit	1 238 000	1 772 000	1 690 000	2 715 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	326 000	166 000	93 000	59 000
Financial Balance	−325 000	−165 000	−91 000	−57 000
Earnings Before Tax	913 000	1 608 000	1 599 000	2 657 000
Tax	215 000	354 000	353 000	586 000
Net Income	698 000	1 254 000	1 246 000	2 072 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 171 000	2 132 000	2 182 000	538 000
Total Current Assets	11 573 000	10 623 000	10 688 000	8 961 000
Total Assets	16 744 000	12 755 000	12 870 000	9 499 000
Total Retained Equity	4 102 000	3 507 000	3 467 000	2 221 000
Total Equity	4 600 000	4 006 000	3 965 000	2 719 000
Total Long-Term Debt	4 694 000	2 372 000	3 261 000	1 329 000
Total Current Debt	7 450 000	6 377 000	5 644 000	5 451 000
Total Equity and Debt	16 744 000	12 755 000	12 870 000	9 499 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 327 000	7 460 000	7 281 000	10 054 000
Other Income	228 000	0	62 000	20 000
Revenue	11 555 000	7 460 000	7 342 000	10 073 000
Cost of Goods Sold	3 985 000	1 865 000	2 301 000	3 805 000
Salary Costs	3 008 000	1 971 000	1 702 000	1 749 000
Depreciation	400 000	200 000	116 000	224 000
Impairment	0	0	0	0
Expenditure	10 316 000	5 688 000	5 653 000	7 359 000
Operating Profit	1 238 000	1 772 000	1 690 000	2 715 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	326 000	166 000	93 000	59 000
Financial Balance	−325 000	−165 000	−91 000	−57 000
Dividends	0	0	0	0
Net Income	698 000	1 254 000	1 246 000	2 072 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 171 000	2 132 000	2 182 000	538 000
Total Tangible Assets	5 171 000	2 132 000	2 182 000	538 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 171 000	2 132 000	2 182 000	538 000
Stock	0	0	0	10 000
Total Investments	0	0	0	0
Cash, Bank	185 000	169 000	189 000	109 000
Total Current Assets	11 573 000	10 623 000	10 688 000	8 961 000
Total Assets	16 744 000	12 755 000	12 870 000	9 499 000
Total Equity	4 600 000	4 006 000	3 965 000	2 719 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 694 000	2 372 000	3 261 000	1 329 000
Creditors	3 179 000	1 937 000	2 545 000	3 142 000
Unpaid Taxes	290 000	422 000	218 000	238 000
Dividends	0	0	0	0
Other Current Debt	2 981 000	2 675 000	1 118 000	1 526 000
Total Current Debt	7 450 000	6 377 000	5 644 000	5 451 000
Total Equity and Debt	16 744 000	12 755 000	12 870 000	9 499 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,17 %	31,3 %	31,42 %	76,2 %
Debt-to-Equity Ratio	1,02	0,59	0,82	0,49
Operating Profit Margin	10,71 %	23,75 %	23,02 %	26,95 %
Current Ratio	1,55	1,67	1,89	1,64
Quick Ratio	1,55	1,67	1,89	1,65
Equity Ratio	0,27	0,31	0,31	0,29
Gross Profit Margin	65,51 %	75 %	68,66 %	62,23 %