MYRVÅGNES AS

6070 TJØRVÅG

Finances

Share Ownership

Return on Equity

109,49 %

Current Ratio

1,78

Debt-to-Equity Ratio

3,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 161 000	263 000	502 000	215 000
Net Income	715 000	−167 000	−240 000	−204 000
Total Assets	3 262 000	3 545 000	3 510 000	3 450 000
Total Equity	653 000	−62 000	104 000	−476 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 161 000	263 000	502 000	215 000
Expenditure	215 000	424 000	745 000	436 000
Operating Profit	946 000	−161 000	−243 000	−220 000
Financial Income	2 000	4 000	4 000	3 000
Financial Costs	31 000	57 000	69 000	44 000
Financial Balance	−29 000	−53 000	−65 000	−41 000
Earnings Before Tax	917 000	−214 000	−307 000	−261 000
Tax	202 000	−47 000	−68 000	−58 000
Net Income	715 000	−167 000	−240 000	−204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 533 000	3 442 000	3 455 000	3 410 000
Total Current Assets	729 000	102 000	56 000	40 000
Total Assets	3 262 000	3 545 000	3 510 000	3 450 000
Total Retained Equity	−463 000	−1 178 000	−1 012 000	−772 000
Total Equity	653 000	−62 000	104 000	−476 000
Total Long-Term Debt	2 201 000	3 601 000	3 406 000	1 920 000
Total Current Debt	409 000	6 000	0	2 006 000
Total Equity and Debt	3 262 000	3 545 000	3 510 000	3 450 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	108 000	196 000	489 000	210 000
Other Income	1 053 000	67 000	14 000	5 000
Revenue	1 161 000	263 000	502 000	215 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	135 000	346 000	152 000
Depreciation	0	59 000	57 000	66 000
Impairment	0	0	0	0
Expenditure	215 000	424 000	745 000	436 000
Operating Profit	946 000	−161 000	−243 000	−220 000
Financial Income	2 000	4 000	4 000	3 000
Financial Costs	31 000	57 000	69 000	44 000
Financial Balance	−29 000	−53 000	−65 000	−41 000
Dividends	0	0	0	0
Net Income	715 000	−167 000	−240 000	−204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	133 000	335 000	288 000	220 000
Real Eastate	2 400 000	2 400 000	2 400 000	2 400 000
Machinery and Plant Facilities	0	108 000	128 000	111 000
Fixtures	0	0	0	0
Total Tangible Assets	2 400 000	3 107 000	3 167 000	3 190 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 533 000	3 442 000	3 455 000	3 410 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	729 000	90 000	30 000	35 000
Total Current Assets	729 000	102 000	56 000	40 000
Total Assets	3 262 000	3 545 000	3 510 000	3 450 000
Total Equity	653 000	−62 000	104 000	−476 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 201 000	3 601 000	3 406 000	1 920 000
Creditors	1 000	6 000	0	0
Unpaid Taxes	407 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	2 006 000
Total Current Debt	409 000	6 000	0	2 006 000
Total Equity and Debt	3 262 000	3 545 000	3 510 000	3 450 000

Financial indicators	2022	2021	2020	2019
Return on Equity	109,49 %	269,35 %	−230,77 %	42,86 %
Debt-to-Equity Ratio	3,37	−58,08	32,75	−4,03
Operating Profit Margin	81,48 %	−61,22 %	−48,41 %	−102,33 %
Current Ratio	1,78	17	-	0,02
Quick Ratio	1,78	17	-	0,02
Equity Ratio	0,2	−0,02	0,03	−0,14
Gross Profit Margin	100 %	100 %	100 %	100 %