MICKELSON EIENDOM AS

2312 OTTESTAD

Finances

Share Ownership

Return on Equity

19,34 %

Current Ratio

3,09

Debt-to-Equity Ratio

6,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	585 000	556 000	597 000	337 000
Net Income	129 000	−157 000	147 000	−44 000
Total Assets	5 327 000	5 443 000	5 537 000	3 097 000
Total Equity	667 000	538 000	695 000	547 000

Income (NOK)	2022	2021	2020	2019
Revenue	585 000	556 000	597 000	337 000
Expenditure	241 000	615 000	259 000	356 000
Operating Profit	344 000	−59 000	338 000	−19 000
Financial Income	6 000	4 000	2 000	2 000
Financial Costs	175 000	146 000	151 000	39 000
Financial Balance	−169 000	−142 000	−149 000	−37 000
Earnings Before Tax	175 000	−201 000	189 000	−56 000
Tax	46 000	−44 000	42 000	−12 000
Net Income	129 000	−157 000	147 000	−44 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 131 000	4 357 000	4 493 000	2 733 000
Total Current Assets	1 195 000	1 086 000	1 044 000	364 000
Total Assets	5 327 000	5 443 000	5 537 000	3 097 000
Total Retained Equity	567 000	438 000	595 000	447 000
Total Equity	667 000	538 000	695 000	547 000
Total Long-Term Debt	4 272 000	4 460 000	4 647 000	1 812 000
Total Current Debt	387 000	445 000	195 000	738 000
Total Equity and Debt	5 327 000	5 443 000	5 537 000	3 097 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	310 000	0	2 000	38 000
Other Income	275 000	556 000	595 000	299 000
Revenue	585 000	556 000	597 000	337 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	180 000	180 000	161 000	119 000
Impairment	0	0	0	0
Expenditure	241 000	615 000	259 000	356 000
Operating Profit	344 000	−59 000	338 000	−19 000
Financial Income	6 000	4 000	2 000	2 000
Financial Costs	175 000	146 000	151 000	39 000
Financial Balance	−169 000	−142 000	−149 000	−37 000
Dividends	0	0	0	0
Net Income	129 000	−157 000	147 000	−44 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	46 000	2 000	17 000
Real Eastate	3 999 000	4 163 000	4 326 000	2 533 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	132 000	148 000	165 000	183 000
Total Tangible Assets	4 131 000	4 311 000	4 491 000	2 716 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 131 000	4 357 000	4 493 000	2 733 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 195 000	871 000	657 000	124 000
Total Current Assets	1 195 000	1 086 000	1 044 000	364 000
Total Assets	5 327 000	5 443 000	5 537 000	3 097 000
Total Equity	667 000	538 000	695 000	547 000
Short-Term Group Debt	0	0	146 000	94 000
Total Long-Term Debt	4 272 000	4 460 000	4 647 000	1 812 000
Creditors	−40 000	109 000	11 000	641 000
Unpaid Taxes	126 000	40 000	0	0
Dividends	0	0	0	0
Other Current Debt	301 000	296 000	12 000	3 000
Total Current Debt	387 000	445 000	195 000	738 000
Total Equity and Debt	5 327 000	5 443 000	5 537 000	3 097 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,34 %	−29,18 %	21,15 %	−8,04 %
Debt-to-Equity Ratio	6,4	8,29	6,69	3,31
Operating Profit Margin	58,8 %	−10,61 %	56,62 %	−5,64 %
Current Ratio	3,09	2,44	5,35	0,49
Quick Ratio	3,09	2,44	5,35	0,49
Equity Ratio	0,13	0,1	0,13	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %