M & E EIENDOM AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

156,76 %

Current Ratio

0,09

Debt-to-Equity Ratio

−20,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	−29 000
Net Income	−58 000	−63 000	−57 000	−148 000
Total Assets	974 000	992 000	77 000	145 000
Total Equity	−37 000	21 000	84 000	141 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	−29 000
Expenditure	15 000	31 000	56 000	155 000
Operating Profit	−15 000	−31 000	−56 000	−184 000
Financial Income	0	0	0	0
Financial Costs	43 000	19 000	1 000	6 000
Financial Balance	−43 000	−19 000	−1 000	−6 000
Earnings Before Tax	−58 000	−50 000	−57 000	−190 000
Tax	0	13 000	0	−42 000
Net Income	−58 000	−63 000	−57 000	−148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	952 000	952 000	9 000	31 000
Total Current Assets	22 000	40 000	68 000	115 000
Total Assets	974 000	992 000	77 000	145 000
Total Retained Equity	−67 000	−9 000	54 000	111 000
Total Equity	−37 000	21 000	84 000	141 000
Total Long-Term Debt	773 000	837 000	0	0
Total Current Debt	238 000	134 000	−7 000	5 000
Total Equity and Debt	974 000	992 000	77 000	145 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	−29 000
Other Income	0	0	0	0
Revenue	0	0	0	−29 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	15 000	31 000	56 000	155 000
Operating Profit	−15 000	−31 000	−56 000	−184 000
Financial Income	0	0	0	0
Financial Costs	43 000	19 000	1 000	6 000
Financial Balance	−43 000	−19 000	−1 000	−6 000
Dividends	0	0	0	0
Net Income	−58 000	−63 000	−57 000	−148 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	9 000	9 000
Real Eastate	924 000	924 000	0	0
Machinery and Plant Facilities	28 000	28 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	952 000	952 000	0	0
Total Fiancial Fixed Assets	0	0	0	22 000
Total Fixed Assets	952 000	952 000	9 000	31 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	22 000	10 000	9 000	107 000
Total Current Assets	22 000	40 000	68 000	115 000
Total Assets	974 000	992 000	77 000	145 000
Total Equity	−37 000	21 000	84 000	141 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	773 000	837 000	0	0
Creditors	18 000	31 000	−7 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	220 000	120 000	0	0
Total Current Debt	238 000	134 000	−7 000	5 000
Total Equity and Debt	974 000	992 000	77 000	145 000

Financial indicators	2022	2021	2020	2019
Return on Equity	156,76 %	−300 %	−67,86 %	−104,96 %
Debt-to-Equity Ratio	−20,89	39,86	0	0
Operating Profit Margin	-	-	-	634,48 %
Current Ratio	0,09	0,3	−9,71	23
Quick Ratio	0,09	0,3	−9,71	23
Equity Ratio	−0,04	0,02	1,09	0,97
Gross Profit Margin	-	-	-	100 %