MOMENTUM INVEST AS

3711 SKIEN

Finances

Return on Equity

50,64 %

Current Ratio

1,7

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	500 000	363 000	396 000	254 000
Net Income	4 133 000	1 972 000	1 285 000	−16 000
Total Assets	14 109 000	7 899 000	6 424 000	5 317 000
Total Equity	8 161 000	4 028 000	3 056 000	1 770 000

Income (NOK)	2022	2021	2020	2019
Revenue	500 000	363 000	396 000	254 000
Expenditure	126 000	115 000	140 000	127 000
Operating Profit	373 000	248 000	256 000	128 000
Financial Income	4 879 000	2 129 000	1 200 000	0
Financial Costs	852 000	369 000	147 000	149 000
Financial Balance	4 027 000	1 760 000	1 053 000	−149 000
Earnings Before Tax	4 399 000	2 007 000	1 310 000	−21 000
Tax	266 000	35 000	24 000	−5 000
Net Income	4 133 000	1 972 000	1 285 000	−16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 992 000	5 233 000	4 416 000	4 436 000
Total Current Assets	5 117 000	2 667 000	2 009 000	881 000
Total Assets	14 109 000	7 899 000	6 424 000	5 317 000
Total Retained Equity	7 917 000	3 784 000	2 812 000	1 526 000
Total Equity	8 161 000	4 028 000	3 056 000	1 770 000
Total Long-Term Debt	2 931 000	3 107 000	3 283 000	3 456 000
Total Current Debt	3 016 000	764 000	85 000	90 000
Total Equity and Debt	14 109 000	7 899 000	6 424 000	5 317 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	500 000	363 000	396 000	254 000
Other Income	0	0	0	0
Revenue	500 000	363 000	396 000	254 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	15 000	15 000	15 000	3 000
Impairment	0	0	0	0
Expenditure	126 000	115 000	140 000	127 000
Operating Profit	373 000	248 000	256 000	128 000
Financial Income	4 879 000	2 129 000	1 200 000	0
Financial Costs	852 000	369 000	147 000	149 000
Financial Balance	4 027 000	1 760 000	1 053 000	−149 000
Dividends	0	1 000 000	0	0
Net Income	4 133 000	1 972 000	1 285 000	−16 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	5 000
Real Eastate	8 089 000	4 315 000	3 482 000	3 482 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	44 000	59 000	75 000
Total Tangible Assets	8 117 000	4 359 000	3 542 000	3 557 000
Total Fiancial Fixed Assets	874 000	874 000	874 000	874 000
Total Fixed Assets	8 992 000	5 233 000	4 416 000	4 436 000
Stock	0	0	0	0
Total Investments	4 992 000	2 488 000	1 000	185 000
Cash, Bank	125 000	179 000	1 717 000	405 000
Total Current Assets	5 117 000	2 667 000	2 009 000	881 000
Total Assets	14 109 000	7 899 000	6 424 000	5 317 000
Total Equity	8 161 000	4 028 000	3 056 000	1 770 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 931 000	3 107 000	3 283 000	3 456 000
Creditors	66 000	83 000	1 000	0
Unpaid Taxes	64 000	63 000	57 000	56 000
Dividends	0	1 000 000	0	0
Other Current Debt	2 619 000	582 000	9 000	33 000
Total Current Debt	3 016 000	764 000	85 000	90 000
Total Equity and Debt	14 109 000	7 899 000	6 424 000	5 317 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,64 %	48,96 %	42,05 %	−0,9 %
Debt-to-Equity Ratio	0,36	0,77	1,07	1,95
Operating Profit Margin	74,6 %	68,32 %	64,65 %	50,39 %
Current Ratio	1,7	3,49	23,64	9,79
Quick Ratio	1,7	3,49	23,64	9,79
Equity Ratio	0,58	0,51	0,48	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %