MILANO NARVIK AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

63,01 %

Current Ratio

2,6

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 866 000	7 756 000	6 176 000	5 553 000
Net Income	908 000	503 000	247 000	329 000
Total Assets	3 101 000	1 872 000	1 179 000	1 205 000
Total Equity	1 441 000	533 000	423 000	476 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 866 000	7 756 000	6 176 000	5 553 000
Expenditure	9 662 000	7 084 000	5 848 000	5 116 000
Operating Profit	1 203 000	672 000	328 000	437 000
Financial Income	3 000	0	0	1 000
Financial Costs	21 000	17 000	12 000	19 000
Financial Balance	−18 000	−17 000	−12 000	−18 000
Earnings Before Tax	1 185 000	655 000	317 000	419 000
Tax	277 000	152 000	70 000	90 000
Net Income	908 000	503 000	247 000	329 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	152 000	374 000	418 000	485 000
Total Current Assets	2 950 000	1 498 000	761 000	720 000
Total Assets	3 101 000	1 872 000	1 179 000	1 205 000
Total Retained Equity	1 411 000	503 000	393 000	446 000
Total Equity	1 441 000	533 000	423 000	476 000
Total Long-Term Debt	524 000	536 000	102 000	130 000
Total Current Debt	1 136 000	803 000	654 000	599 000
Total Equity and Debt	3 101 000	1 872 000	1 179 000	1 205 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 866 000	7 778 000	6 145 000	5 521 000
Other Income	0	−22 000	30 000	33 000
Revenue	10 866 000	7 756 000	6 176 000	5 553 000
Cost of Goods Sold	4 425 000	3 036 000	2 338 000	2 034 000
Salary Costs	3 344 000	2 544 000	2 186 000	1 924 000
Depreciation	119 000	106 000	99 000	92 000
Impairment	0	0	0	0
Expenditure	9 662 000	7 084 000	5 848 000	5 116 000
Operating Profit	1 203 000	672 000	328 000	437 000
Financial Income	3 000	0	0	1 000
Financial Costs	21 000	17 000	12 000	19 000
Financial Balance	−18 000	−17 000	−12 000	−18 000
Dividends	0	0	0	0
Net Income	908 000	503 000	247 000	329 000

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	152 000	246 000	290 000	357 000
Total Tangible Assets	152 000	246 000	290 000	357 000
Total Fiancial Fixed Assets	0	128 000	128 000	128 000
Total Fixed Assets	152 000	374 000	418 000	485 000
Stock	66 000	87 000	58 000	61 000
Total Investments	0	0	0	0
Cash, Bank	2 500 000	1 180 000	622 000	518 000
Total Current Assets	2 950 000	1 498 000	761 000	720 000
Total Assets	3 101 000	1 872 000	1 179 000	1 205 000
Total Equity	1 441 000	533 000	423 000	476 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	524 000	536 000	102 000	130 000
Creditors	180 000	206 000	101 000	99 000
Unpaid Taxes	329 000	189 000	170 000	193 000
Dividends	0	0	0	0
Other Current Debt	350 000	256 000	310 000	220 000
Total Current Debt	1 136 000	803 000	654 000	599 000
Total Equity and Debt	3 101 000	1 872 000	1 179 000	1 205 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,01 %	94,37 %	58,39 %	69,12 %
Debt-to-Equity Ratio	0,36	1,01	0,24	0,27
Operating Profit Margin	11,07 %	8,66 %	5,31 %	7,87 %
Current Ratio	2,6	1,87	1,16	1,2
Quick Ratio	2,76	2,09	1,28	1,34
Equity Ratio	0,46	0,28	0,36	0,4
Gross Profit Margin	59,28 %	60,86 %	62,14 %	63,37 %