MIKAL SOLHAUG AS

9990 BÅTSFJORD

Finances

Share Ownership

Return on Equity

−21,96 %

Current Ratio

Debt-to-Equity Ratio

2,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 130 000	40 536 000	25 377 000	35 846 000
Net Income	−4 741 000	799 000	−5 724 000	−11 856 000
Total Assets	83 658 000	94 958 000	103 442 000	88 725 000
Total Equity	21 586 000	27 762 000	27 738 000	34 499 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 130 000	40 536 000	25 377 000	35 846 000
Expenditure	44 729 000	38 210 000	31 781 000	50 439 000
Operating Profit	−4 599 000	2 326 000	−6 404 000	−14 592 000
Financial Income	53 000	22 000	8 000	74 000
Financial Costs	1 528 000	1 322 000	941 000	1 111 000
Financial Balance	−1 475 000	−1 300 000	−933 000	−1 037 000
Earnings Before Tax	−6 074 000	1 026 000	−7 337 000	−15 630 000
Tax	−1 333 000	226 000	−1 613 000	−3 773 000
Net Income	−4 741 000	799 000	−5 724 000	−11 856 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	71 535 000	86 231 000	73 103 000	71 807 000
Total Current Assets	12 123 000	8 727 000	30 340 000	16 918 000
Total Assets	83 658 000	94 958 000	103 442 000	88 725 000
Total Retained Equity	18 515 000	24 691 000	24 666 000	31 428 000
Total Equity	21 586 000	27 762 000	27 738 000	34 499 000
Total Long-Term Debt	49 954 000	59 395 000	45 492 000	44 613 000
Total Current Debt	12 118 000	7 800 000	30 212 000	9 612 000
Total Equity and Debt	83 658 000	94 958 000	103 442 000	88 725 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 686 000	40 802 000	25 112 000	30 195 000
Other Income	3 444 000	−266 000	266 000	5 651 000
Revenue	40 130 000	40 536 000	25 377 000	35 846 000
Cost of Goods Sold	10 362 000	8 402 000	9 420 000	11 675 000
Salary Costs	14 205 000	15 337 000	9 275 000	13 430 000
Depreciation	6 115 000	6 782 000	6 224 000	5 798 000
Impairment	0	0	0	0
Expenditure	44 729 000	38 210 000	31 781 000	50 439 000
Operating Profit	−4 599 000	2 326 000	−6 404 000	−14 592 000
Financial Income	53 000	22 000	8 000	74 000
Financial Costs	1 528 000	1 322 000	941 000	1 111 000
Financial Balance	−1 475 000	−1 300 000	−933 000	−1 037 000
Dividends	0	0	0	0
Net Income	−4 741 000	799 000	−5 724 000	−11 856 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	37 323 000	44 889 000	48 955 000	38 905 000
Real Eastate	0	4 560 000	9 139 000	12 419 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 598 000	1 410 000	2 557 000	3 617 000
Total Tangible Assets	32 021 000	39 036 000	21 792 000	32 902 000
Total Fiancial Fixed Assets	2 191 000	2 306 000	2 356 000	0
Total Fixed Assets	71 535 000	86 231 000	73 103 000	71 807 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 101 000	5 958 000	3 335 000	8 559 000
Total Current Assets	12 123 000	8 727 000	30 340 000	16 918 000
Total Assets	83 658 000	94 958 000	103 442 000	88 725 000
Total Equity	21 586 000	27 762 000	27 738 000	34 499 000
Short-Term Group Debt	1 840 000	2 393 000	3 794 000	6 018 000
Total Long-Term Debt	49 954 000	59 395 000	45 492 000	44 613 000
Creditors	3 414 000	952 000	1 052 000	2 362 000
Unpaid Taxes	1 345 000	2 050 000	257 000	495 000
Dividends	0	0	0	0
Other Current Debt	1 440 000	516 000	24 934 000	737 000
Total Current Debt	12 118 000	7 800 000	30 212 000	9 612 000
Total Equity and Debt	83 658 000	94 958 000	103 442 000	88 725 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,96 %	2,88 %	−20,64 %	−34,37 %
Debt-to-Equity Ratio	2,31	2,14	1,64	1,29
Operating Profit Margin	−11,46 %	5,74 %	−25,24 %	−40,71 %
Current Ratio	1	1,12	1	1,76
Quick Ratio	1	1,12	1	1,76
Equity Ratio	0,26	0,29	0,27	0,39
Gross Profit Margin	74,18 %	79,27 %	62,88 %	67,43 %