MIKKELSEN REGNSKAP

3580 GEILO

Finances

Share Ownership

Return on Equity

401,96 %

Current Ratio

2,93

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2016	2015	2014	2013
Revenue	932 000	825 000	696 000	434 000
Net Income	820 000	660 000	558 000	300 000
Total Assets	349 000	84 000	129 000	57 000
Total Equity	204 000	−5 000	−31 000	1 000

Income (NOK)	2016	2015	2014	2013
Revenue	932 000	825 000	696 000	434 000
Expenditure	103 000	136 000	134 000	118 000
Operating Profit	829 000	689 000	562 000	316 000
Financial Income	0	0	0	0
Financial Costs	9 000	30 000	4 000	15 000
Financial Balance	−9 000	−30 000	−4 000	−15 000
Earnings Before Tax	820 000	660 000	558 000	300 000
Tax	0	0	0	0
Net Income	820 000	660 000	558 000	300 000

Balance (NOK)	2016	2015	2014	2013
Total Fixed Assets	0	0	25 000	19 000
Total Current Assets	349 000	84 000	104 000	39 000
Total Assets	349 000	84 000	129 000	57 000
Total Retained Equity	204 000	−5 000	−31 000	1 000
Total Equity	204 000	−5 000	−31 000	1 000
Total Long-Term Debt	26 000	49 000	73 000	0
Total Current Debt	119 000	41 000	87 000	57 000
Total Equity and Debt	349 000	84 000	129 000	57 000

Cash flow (NOK)	2016	2015	2014	2013
Sales Income	932 000	825 000	695 000	434 000
Other Income	0	0	1 000	0
Revenue	932 000	825 000	696 000	434 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	25 000	11 000	8 000
Impairment	0	0	0	0
Expenditure	103 000	136 000	134 000	118 000
Operating Profit	829 000	689 000	562 000	316 000
Financial Income	0	0	0	0
Financial Costs	9 000	30 000	4 000	15 000
Financial Balance	−9 000	−30 000	−4 000	−15 000
Dividends	0	0	0	0
Net Income	820 000	660 000	558 000	300 000

Balance details (NOK)	2016	2015	2014	2013
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	0	0	25 000	19 000
Total Tangible Assets	0	0	25 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	25 000	19 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	175 000	−23 000	0	−15 000
Total Current Assets	349 000	84 000	104 000	39 000
Total Assets	349 000	84 000	129 000	57 000
Total Equity	204 000	−5 000	−31 000	1 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 000	49 000	73 000	0
Creditors	6 000	−3 000	6 000	12 000
Unpaid Taxes	113 000	44 000	60 000	45 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	119 000	41 000	87 000	57 000
Total Equity and Debt	349 000	84 000	129 000	57 000

Financial indicators	2016	2015	2014	2013
Return on Equity	401,96 %	−13 200 %	−1 800 %	30 000 %
Debt-to-Equity Ratio	0,13	−9,8	−2,35	0
Operating Profit Margin	88,95 %	83,52 %	80,75 %	72,81 %
Current Ratio	2,93	2,05	1,2	0,68
Quick Ratio	2,93	2,05	1,2	0,68
Equity Ratio	0,58	−0,06	−0,24	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %