MJÅTVEITFLATEN 23 AS

5918 FREKHAUG

Finances

Share Ownership

Return on Equity

0 %

Current Ratio

2,43

Debt-to-Equity Ratio

3,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 202 000	3 012 000	2 717 000	4 560 000
Net Income	0	196 000	−44 000	692 000
Total Assets	26 205 000	27 500 000	28 453 000	30 399 000
Total Equity	5 631 000	5 631 000	5 635 000	5 679 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 202 000	3 012 000	2 717 000	4 560 000
Expenditure	2 519 000	2 267 000	2 074 000	2 791 000
Operating Profit	682 000	746 000	643 000	1 770 000
Financial Income	0	0	0	1 000
Financial Costs	680 000	495 000	699 000	883 000
Financial Balance	−680 000	−495 000	−699 000	−882 000
Earnings Before Tax	2 000	251 000	−56 000	887 000
Tax	2 000	55 000	−12 000	195 000
Net Income	0	196 000	−44 000	692 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 747 000	26 084 000	27 313 000	27 601 000
Total Current Assets	1 458 000	1 416 000	1 140 000	2 798 000
Total Assets	26 205 000	27 500 000	28 453 000	30 399 000
Total Retained Equity	693 000	692 000	697 000	740 000
Total Equity	5 631 000	5 631 000	5 635 000	5 679 000
Total Long-Term Debt	19 974 000	21 184 000	22 395 000	23 087 000
Total Current Debt	600 000	685 000	423 000	1 633 000
Total Equity and Debt	26 205 000	27 500 000	28 453 000	30 399 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 202 000	3 012 000	2 717 000	4 560 000
Revenue	3 202 000	3 012 000	2 717 000	4 560 000
Cost of Goods Sold	180 000	102 000	45 000	0
Salary Costs	0	0	0	0
Depreciation	1 478 000	1 505 000	1 462 000	1 373 000
Impairment	0	0	0	0
Expenditure	2 519 000	2 267 000	2 074 000	2 791 000
Operating Profit	682 000	746 000	643 000	1 770 000
Financial Income	0	0	0	1 000
Financial Costs	680 000	495 000	699 000	883 000
Financial Balance	−680 000	−495 000	−699 000	−882 000
Dividends	0	200 000	0	0
Net Income	0	196 000	−44 000	692 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	300 000	159 000	25 000	0
Real Eastate	24 388 000	25 861 000	27 183 000	27 444 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	59 000	64 000	106 000	158 000
Total Tangible Assets	24 447 000	25 926 000	27 289 000	27 601 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	24 747 000	26 084 000	27 313 000	27 601 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 294 000	1 342 000	737 000	2 615 000
Total Current Assets	1 458 000	1 416 000	1 140 000	2 798 000
Total Assets	26 205 000	27 500 000	28 453 000	30 399 000
Total Equity	5 631 000	5 631 000	5 635 000	5 679 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 974 000	21 184 000	22 395 000	23 087 000
Creditors	148 000	110 000	119 000	840 000
Unpaid Taxes	86 000	60 000	73 000	0
Dividends	0	200 000	0	0
Other Current Debt	223 000	126 000	131 000	674 000
Total Current Debt	600 000	685 000	423 000	1 633 000
Total Equity and Debt	26 205 000	27 500 000	28 453 000	30 399 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0 %	3,48 %	−0,78 %	12,19 %
Debt-to-Equity Ratio	3,55	3,76	3,97	4,07
Operating Profit Margin	21,3 %	24,77 %	23,67 %	38,82 %
Current Ratio	2,43	2,07	2,7	1,71
Quick Ratio	2,43	2,07	2,7	1,71
Equity Ratio	0,21	0,2	0,2	0,19
Gross Profit Margin	94,38 %	96,61 %	98,34 %	100 %