MUSTANG EIENDOM AS

1639 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

8,55 %

Current Ratio

12,04

Debt-to-Equity Ratio

1,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	795 000	734 000	173 000	261 000
Net Income	491 000	334 000	−39 000	7 000
Total Assets	12 792 000	12 753 000	5 044 000	4 914 000
Total Equity	5 746 000	5 255 000	4 921 000	4 820 000

Income (NOK)	2022	2021	2020	2019
Revenue	795 000	734 000	173 000	261 000
Expenditure	137 000	233 000	255 000	224 000
Operating Profit	658 000	502 000	−82 000	37 000
Financial Income	192 000	1 000	9 000	4 000
Financial Costs	31 000	60 000	0	5 000
Financial Balance	161 000	−59 000	9 000	−1 000
Earnings Before Tax	819 000	443 000	−73 000	36 000
Tax	328 000	109 000	−33 000	29 000
Net Income	491 000	334 000	−39 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 132 000	9 677 000	4 126 000	4 169 000
Total Current Assets	4 660 000	3 076 000	918 000	745 000
Total Assets	12 792 000	12 753 000	5 044 000	4 914 000
Total Retained Equity	825 000	334 000	0	−24 000
Total Equity	5 746 000	5 255 000	4 921 000	4 820 000
Total Long-Term Debt	6 659 000	7 364 000	99 000	76 000
Total Current Debt	387 000	134 000	23 000	17 000
Total Equity and Debt	12 792 000	12 753 000	5 044 000	4 914 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	173 000	261 000
Other Income	795 000	734 000	0	0
Revenue	795 000	734 000	173 000	261 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	17 000	26 000	43 000	43 000
Impairment	0	0	0	0
Expenditure	137 000	233 000	255 000	224 000
Operating Profit	658 000	502 000	−82 000	37 000
Financial Income	192 000	1 000	9 000	4 000
Financial Costs	31 000	60 000	0	5 000
Financial Balance	161 000	−59 000	9 000	−1 000
Dividends	0	0	0	0
Net Income	491 000	334 000	−39 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 132 000	2 816 000	4 126 000	4 169 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 132 000	2 816 000	4 126 000	4 169 000
Total Fiancial Fixed Assets	0	6 861 000	0	0
Total Fixed Assets	8 132 000	9 677 000	4 126 000	4 169 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 642 000	3 005 000	522 000	530 000
Total Current Assets	4 660 000	3 076 000	918 000	745 000
Total Assets	12 792 000	12 753 000	5 044 000	4 914 000
Total Equity	5 746 000	5 255 000	4 921 000	4 820 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 659 000	7 364 000	99 000	76 000
Creditors	30 000	55 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	106 000	51 000	23 000	0
Total Current Debt	387 000	134 000	23 000	17 000
Total Equity and Debt	12 792 000	12 753 000	5 044 000	4 914 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,55 %	6,36 %	−0,79 %	0,15 %
Debt-to-Equity Ratio	1,16	1,4	0,02	0,02
Operating Profit Margin	82,77 %	68,39 %	−47,4 %	14,18 %
Current Ratio	12,04	22,96	39,91	43,82
Quick Ratio	12,04	22,96	39,91	43,82
Equity Ratio	0,45	0,41	0,98	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %